Although Russia has started to ban the use of Bitcoin and cryptocurrencies in international payments, it still maintains its cautious approach. At …
Central
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The Central Bank of Bahrain (CBB), having issued a consultation paper on stablecoins back in October 2024, has now issued the full …
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Markets
EU Central Bank Commits to Distributed Ledger Technology Settlement Work
by shayaanby shayaanThe European Central Bank (ECB) Governing Council has approved research efforts that will use central bank money to settle distributed ledger technology …
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Regulation
Kraken secures MiCA license via Central Bank of Ireland to ensure EU operations continue
by shayaanby shayaanKraken has become the first major global crypto exchange to secure a full Markets in Crypto-Assets (MiCA) license through the Central Bank …
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LONDON, June 24 (Reuters) – The Bank for International Settlements issued its starkest warning yet on the risks posed by stablecoins and …
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Finance
Japan’s central bank eyes crypto as contender in its post-cash economy
by shayaanby shayaanBank of Japan officials are beginning to acknowledge what once seemed outlandish: that cryptocurrencies could one day become a major part of …
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A COVID-era feature that characterized the bull run in all corners of financial markets, including bitcoin BTC, has made a comeback in …
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The third phase of the CBDC pilot will involve implementing tokenization solutions that allow customers to provide banks with visibility into their …
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Regulation
Federal Reserve Suffers $1,060,000,000,000 in Unrealized Losses As Central Bank’s Rate Hikes Pressure Bonds
by shayaanby shayaanThe Federal Reserve is now facing a whopping $1.06 trillion in unrealized losses on its balance sheet. The New York Federal Reserve …
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Finance
Brazil’s central bank plans to use CBDC data to guide interest rate decisions
by shayaanby shayaanBrazil’s Central Bank plans to treat transaction data from its central bank digital currency (CBDC) infrastructure, called Drex, as a direct input …