Bank of England thinks digital pound can co-exist with private stablecoins
[ad_1] The United Kingdom is a step closer to launching a Central Bank Digital Currency (CBDC) after releasing a consultation paper explaining the proposed digital pound, which the public has nicknamed “Britcoin.” The 116-page consultation paper was jointly released on Feb. 7 by the Bank of England (BoE) and...
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SEBA Bank Launches Offering to Simplify Crypto Banking
[ad_1] SEBA Bank, a Swiss-based digital asset banking platform, has presented a new offering to make cryptocurrency banking easier and to match the needs of traditional and digital investors. According to Monday’s press release, SEBA Bank is introducing three types of exclusive programs that customers can choose between as...
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Morocco finalized crypto regulatory framework: Central Bank
[ad_1] The Kingdom of Morocco may see its first crypto bill introduced “in the following days.” The document is already written by the Central Bank and will be discussed with the industry stakeholders. On Jan. 3, during the press conference, the Governor of Morocco’s Central Bank, Bank Al-Maghrib (BAM),...
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FTX reportedly used Alameda’s bank accounts to process customer funds
[ad_1] The FTX contagion saga sees new revelations around its misconduct every other day, and the latest one solidifies the collusion between the failed crypto exchange and its sister company Alameda Research from the very beginning. FTX like many other crypto exchanges found it difficult to get a banking...
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MAS, Bank of Ghana and Development Bank Ghana to develop an Integrated Financial Ecosystem to Support Growth of Asia-Africa SME Trade Corridor | by Bit Media Buzz | Nov, 2022
[ad_1] Singapore, 10 November 2022 — The Monetary Authority of Singapore (MAS), Bank of Ghana (BOG) and Development Bank Ghana (DBG) [1] today signed a Memorandum of Understanding (MOU) to develop the Ghana Integrated Financial Ecosystem (GIFE). The GIFE aims to enhance financial capabilities and access for micro, small...
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Chinese central bank exec says digital yuan will offer ‘controllable anonymity’
[ad_1] Chinese central bank governor Yi Gang, in a recent speech at Hong Kong Fintech Week, talked about the progress of their national digital currency called the digital yuan. He outlined the progress and the adoption of the national digital currency. During his speech, Yi noted that the digital...
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SEBA Bank Offers NFT Custody amid Market Uncertainty
[ad_1] SEBA Bank, a Zug-headquartered digital asset banking platform, launched a non-fungible tokens (NFTs) custody solution on Wednesday to secure clients’ assets. The newly announced service includes every Ethereum-based NFT, including ‘blue chips’ like CryptoPunks and Bored Apes collections. Take Advantage of the Biggest Financial Event in London. This...
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Bank of China: Digital yuan transactions volume crossed $14B mark
[ad_1] The largest CBDC pilot in the world is going to expand on citizen payments and cross-border operations with Hong Kong. [ad_2] Source link...
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Central Bank Push Bitcoin Price To The Downside, Will BTC Bounce?
[ad_1] The Bitcoin price is hanging by a thread as it retraces its gains from yesterday’s trading session. Once again, macroeconomic forces seem to be taking over the price action as the number one cryptocurrency by market capitalization looks into the abyss of a potential fresh leg down. At...
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Siam Commercial Bank Scraps $500M Acquisition Deal of Crypto Exchange Bitkub
[ad_1] Thailand’s oldest lender, Siam Commercial Bank (SCB) has abandoned the deal to acquire a controlling stake in Bitkub Online, the country’s largest cryptocurrency exchange Cryptocurrency Exchange A cryptocurrency exchange is an online platform that supports the exchange of various currencies for a cryptocurrency or digital asset.Comparable to a...
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