Categoría: Banco Central

China to Expand Digital Yuan Testing in Pilot Cities to Provincial Level

Porcelana’s central bank intends to enlarge the area covered by trials of its digital yuan currency in four regions of the country. A top representative of the monetary authority announced the move while highlighting that the Peoples Bank has been stepping......

Bank of Russia to Promote Digital Ruble in Foreign Trade as Finance Ministry Pushes for Crypto Option

Days after the two institutions agreed on the need for cross-border crypto payments, the finance ministry and the central bank of Russia are once again highlighting their different priorities. While the treasury department aims for legalizing cryptocurrency payments in the coming......

Russia Can’t Do Without Cross-Border Crypto Payments, Consensus Reached

Key government institutions have agreed that Russia needs to legalize crypto payments for international settlements. The proposal has been gaining support in the past few months since Moscows decision to invade Ukraine was met with wave after wave of Western sanctions.......

El Banco de Rusia suaviza las restricciones a las compras de dólares y euros en efectivo

The Central Bank of Russia has relaxed some limitations for Russian banks selling U.S. dollars and euros to the public. The increased supply of foreign cash may affect the crypto market in the country as currency restrictions have been a driver......

Singapur busca información detallada de las criptoempresas antes de las nuevas regulaciones, Informe revela

Financial authorities in Singapore are taking steps toward increased oversight in the crypto space with the city-states central bank reportedly asking companies to provide additional information about their activities and assets. Ahead of a possible broadening of the applicable rules, the......

Moody's States La inflación está afectando la recuperación económica en parte de Latam

Moody’s, the asset quality rating agency, has warned the high rate of inflation that some countries are facing in Latam will affect the economic recovery in the region. Brasil, Chile, and Mexico are said to be the countries more affected by......

El Banco de Rusia tiene como objetivo el lanzamiento completo del rublo digital en 2024

The Central Bank of Russia plans to begin the comprehensive implementation of the digital ruble two years from now, according to a paper detailing its monetary policy priorities for the 2023 – 2025 period. As the development of the state-issued digital......

Docenas de criptoempresas esperan la licencia de Portugal a pesar del cierre de cuentas bancarias

The central bank of Portugal is now reviewing 12 requests from businesses that want to provide crypto-related services in the country. The applications are pending decision amid recent reports that some commercial banks are closing accounts of already approved operators. Binance......

Nepal se prepara para emitir moneda digital, Borradores Modificaciones necesarias

A task force in Nepal has proposed legal changes allowing the countrys central bank to issue its own digital currency. The move comes after a study indicated that such an initiative is feasible and recommended certain provisions that would authorize the......

Social Media Users Deride China’s Reported Use of Military Tanks to Intimidate Protesting Bank Customers

Social media users have slammed Chinas reported use of military tanks to intimidate bank customers protesting against the freezing of their savings. Some users claimed the deployment of military tanks exposes the countrys underlying economic problems. Crypto proponents see the issue......