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“# ECB endangers itself by waiting around on digital euro, says ConsenSys exec ” The European Central Bank will put itself in jeopardy if it waits around a digital euro too long, according to an executive at major cryptocurrency firm ConsenSys. ConsenSys South Africa lead Monica Singer joined in at the European Blockchain Convention to discuss…
“# Nigeria’s SEC says central bank’s crypto ban disrupted the market ” Lamido Yuguda, the director-general of Nigeria’s Securities and Exchange Commission has said the central bank’s crypto ban has caused significant disruptions to the market. According to a report by The Guardian, the SEC director-general made this assertion known during a press conference organized…
“# Turkey to ban cryptocurrency payments ” A new ban in Turkey will prohibit crypto holders from using their digital assets for payments, in addition to preventing payment providers from adding funds to their digital wallets at crypto exchanges. According to a Friday announcement by the Central Bank of the Republic of Turkey, the ban…
“# European Central Bank releases results of digital euro consultation ” The European Central Bank has published the results of a public consultation on a potential digital euro as the institution inches closer to deciding whether to formally study such an initiative. According to a Wednesday announcement, the ECB received more than 8,200 responses to its public…
“# How the digital yuan stablecoin impacts crypto in China: Experts answer ” This is part one of a multipart series on blockchain and crypto in China. China has been discussing the possibilities of national digital currency for half a decade, and the Chinese digital yuan project — referred to as the Digital Currency Electronic…
“# Pakistan’s central bank is ‘carefully studying’ CBDCs, says governor ” The Governor of the State Bank of Pakistan, Reza Baqir, has indicated that the institution is carefully studying the possibilities opened by central bank digital currencies, or CBDCs. In an interview with CNN reporter Julia Chatterley on April 8, Baqir noted that countries such…
“# Sri Lanka’s central bank warns public against risks of crypto investment ” Sri Lanka’s central bank has taken the 2021 crypto bull market as an opportune time to warn the public against the risks associated with cryptocurrency investments. In a public notice published on April 9, the Central Bank of Sri Lanka, or CBSL, flagged…
“# Sweden’s central bank completes first phase of digital currency pilot ” After completing the first phase of its digital currency pilot project, Sveriges Riksbank has found some critical issues that must be addressed before Stockholmers can buy coffee and kanelbullar with e-krona. In a recent study, Sweden’s central bank presented the first results of its central bank…
“# Bank of Japan begins first digital currency proof of concept ” The Japanese central bank has launched a proof of concept for its central bank digital currency, or CBDC, according to an official announcement on Monday. Following initial preparations to test the technical feasibility of core CBDC functions and features in early 2021, the…
“# Eastern Caribbean Central Bank’s DCash digital currency goes live ” The Eastern Caribbean Central Bank, the main financial institution of the Eastern Caribbean Currency Union, has launched DCash. The ECCB announced the launch of its CBDC for the region via a media event held on Wednesday. DCash is the digital version of the Eastern Caribbean dollar —…