# RBI seemingly wants to ban cryptocurrencies, but not for the reasons you might think

# RBI seemingly wants to ban cryptocurrencies, but not for the reasons you might think

” RBI seemingly wants to ban cryptocurrencies, but not for the reasons you might think “ On Thursday, the Reserve Bank of India, or RBI, the country’s central bank, published a critical bulletin regarding the cryptocurrency industry. While the report praised the innovative distributed ledger technology associated with digital currencies, the RBI dismissed arguments calling…

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# Bitcoin well positioned to help governments create cheaper CBDCs: Deloitte

# Bitcoin well positioned to help governments create cheaper CBDCs: Deloitte

” Bitcoin well positioned to help governments create cheaper CBDCs: Deloitte “ A new study from financial services giant Deloitte highlighted the potential of Bitcoin (BTC) as a base to create a cheaper, faster and more secure ecosystem for electronic fiat currency or central bank digital currency (CBDC). Deloitte’s analysis, titled State-Sponsored Cryptocurrency, pointed out…

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# Bank of Israel issues draft guidelines on cryptocurrency AML/CFT

# Bank of Israel issues draft guidelines on cryptocurrency AML/CFT

” Bank of Israel issues draft guidelines on cryptocurrency AML/CFT “ On March 10, the Bank of Israel published draft regulation of anti-money-laundering and combatting the financing of terrorism (AML/CFT) risk management for the banks facilitating crypto-to-fiat transactions. The move hints at the Israeli government’s preparations to legalize and regulate the relationship between banks and…

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# The Philippines to launch pilot CBDC implementation

# The Philippines to launch pilot CBDC implementation

” The Philippines to launch pilot CBDC implementation “ As the world of finance continues to transform, new forms of money are challenging traditional monetary infrastructures that have been around for a long time. Currently, central bank digital currencies (CBDCs) have caught the eye of various countries, including the Philippines. In a joint event organized…

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