Tag: central bank

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US Federal Reserve Hiring New Manager to Research Digital Currencies

The United States Federal Reserve is hiring a manager for its Retail Payments section to contribute to the research of digital currencies and stablecoins. The United States Federal Reserve is hiring a manager for its Retail Payments section in Washington, D.C. On Nov. 3, the U.S central bank posted a new job opening to its…
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Czech Central Bank Prepares Fine For Calling Physical Bitcoins ‘Coins’

The pro-Bitcoin Paralelní Polis faces penalties if it continues to use the term “coin” to describe its commemorative 0.01 BTC silver coins. Bitcoin (BTC) friendly Czech crypto-anarchist movement Paralelní Polis has received a warning from the country’s central bank for issuing its own coins. Central bank fine “completely nonsensical” As representatives reported on Twitter on…
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Crypto News From the Spanish-Speaking World: Oct. 28–Nov. 3 in Review

Cointelegraph en Español presents a weekly digest of selected cryptocurrency- and blockchain-related news from the Spanish-speaking world. The Spanish-speaking world has seen major cryptocurrency and blockchain developments with the Argentinian tax agency applying taxes to transactions with e-wallets, the central bank of Argentina tightening its restrictions on exchanges, and the Dash Latam community ceasing its…
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Analyst PlanB: Weak Dollar Can Upend Bitcoin Stock-to-Flow Model

Bitcoin could end up failing to follow US dollar price predictions due to its inherent strengths over fiat currency, PlanB agrees. The creator of the highly popular Stock-to-Flow model for forecasting the Bitcoin (BTC) price says he would be happy if it stays valid for the next 12 years. PlanB: Stock-to-Flow not until 2140 In…
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Argentina’s Central Bank Bans Bitcoin Purchases With Credit Cards

Argentina’s central bank extends capital controls to ban the purchase of Bitcoin and cryptocurrency using credit cards. After recently imposing limits on U.S. dollar purchases, the Central Bank of Argentina (BCA) announced Oct. 31, that citizens are prohibited from using credit cards to buy Bitcoin (BTC) or other cryptocurrencies. The news was initially reported by…
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Canada Pushes to Regulate Crypto Adoption, Forgoing Volatile BTC Past

Canada’s volatile history of mainstream adoption and fraud is directly impacting the future of cryptocurrency in the country. Recently, Canada’s central bank has been leading working groups with global partners exploring a blockchain future. Their crypto presence has soared with Ernst & Young’s announcement that it is using Toronto to test its public government expenditure…
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China’s Central Bank Introduces Certification System for Fintech Products

The Chinese central bank has introduced a new system to certify 11 different types of fintech hardware and software pertaining to digital payments. China’s central bank, the People’s Bank of China (PBoC), will use a new system to certify 11 types of fintech hardware and software products relating to digital payments.  On Oct. 29, the…
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IBM Expects a Central Bank to Issue Digital Currency Within 5 Years

The first-ever CBDC will be issued within the next five years, according to new joint research by IBM and OMFIF. 73% of leading global banks have claimed that central bank digital currencies (CBDC) should be available “under all circumstances” in a new study. “CBDC will substitute much more easily for cash” According to a joint…
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China to Be First to Launch Digital Currency, Says Think Tank Exec

An executive of a major Chinese economics think tank said that China will be the first country to successfully roll out a national digital currency. An executive at a Chinese economics think tank has said that China’s central bank will be the first to launch a digital currency successfully. According to Chinese tech news outlet…
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Central Banks Have Three Options for Crypto Regulations, Says Official

The deputy governor of Banque De France said that central banks really only have three available options to address cryptocurrencies: ignore, ban or adopt. Denis Beau, the deputy governor of France’s central bank, Banque De France, recently delivered comments regarding central banks’ approaches to cryptocurrencies. Establish appropriate cryptocurrency regulations  On Oct. 16, Beau spoke at…
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