Search Results for: challenge

BNY Mellon Urges Ireland to Adopt Crypto Rules Before EU Regulations, Informe revela

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As authorities in the EU are still discussing union-wide cryptocurrency regulations, a major U.S. bank has reportedly lobbied the Irish government to adopt its own rules for the space. BNY Mellon launched its digital asset business in Ireland this year to…

El presidente de Nigeria, Muhammadu Buhari, presentará la CBDC del país

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The Nigerian President, Muhammadu Buhari, is expected to formally launch the country’moneda digital del banco central s (CBDC) on October 25, 2021. High-Level Endorsement of the CBDC According to a statement released by the Central Bank of Nigeria (CBN), the formal event…

Australia necesita regulaciones para facilitar el criptonegocio, Informes del Comité del Senado

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A Senate committee in Australia has made a number of proposals to address the lack of proper regulations for the cryptocurrency space. The lawmakers believe the country needs new rules for its fintech and digital asset industries to be able to…

Rusia considera reemplazar parcialmente las reservas de dólares con activos digitales en el futuro

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Amid ongoing sanctions, the government of Russia has been working to limit the country’s dependence on the U.S. dólar. The Ministry of Foreign Affairs now says it’s possible to partially replace the greenback in currency reserves and trade settlements with other…

Hindu Paramilitary Group Calls on Indian Government to Regulate Cryptocurrencies

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Hindu nationalist group Rashtriya Swayamsevak Sangh (RSS) has called on the Indian government to regulate cryptocurrencies. “The government has to ensure that it is regulated in the larger interest of the society,” the group reportedly said. Rashtriya Swayamsevak Sangh Calls for…

Bank of England: Crypto Assets Pose ‘Limited’ Risks to Stability of UK Financial System

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The Bank of England says that crypto assets pose “limited” direct risks to the stability of the country’sistema financiero. “Cryptoasset and associated markets and services continue to grow and to develop rapidly. Such assets are becoming increasingly integrated into the…

Nigeria Central Bank Governor Says CBDC Launch Just ‘a Couple of Days’ Away

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The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has confirmed the country’s upcoming digital currency will be launched “in a couple of days from now.” According to the governor, the digital currency which is also known as the…

IMF Warns Crypto Boom Poses New Financial Stability Challenges, Urges Regulators to Step Up

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The International Monetary Fund (FMI) warns that the rising popularity of cryptocurrencies poses new challenges to financial stability. “Cryptoization can reduce the ability of central banks to effectively implement monetary policy. It could also create financial stability risks.” IMF Sees New…

The Mercedes-AMG Petronas F1 Team Inks Long Term Deal With Crypto Exchange FTX

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Following a number of partnerships this year, FTX Trading Limited announced on Thursday that the company has partnered with the Mercedes-AMG Petronas Formula One Team. According to FTX, the relationship will “span multiple race seasons” and the FTX logo will be…

We Are All Satoshi: Statue of Bitcoin Creator Satoshi Nakamoto Unveiled in Hungary

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A statue of Satoshi Nakamoto, the pseudonymous creator of Bitcoin, has been unveiled in Budapest, Hungary. “The statue is made of bronze, the face is made of a special bronze-aluminium composite, thus every visitor can see their own face when looking…