Search Results for: CBDC

Centralna banka Hondurasa diskreditira špekulacije o zakonitem plačilnem sredstvu Bitcoin

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marca 23, Honduras’ central bank issued a clarification on crypto assets such as bitcoin, and noted that digital currencies are not legal tender or regulated in the country. The announcement, posted via Honduras’ central bank official Twitter account, comes after…

Guverner Floride Ron DeSantis pravi, da država 'išče načine', kako bi podjetjem omogočila plačevanje davkov v bitcoinih

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Florida governor, Ron DeSantis explained at a press conference on Tuesday that he’s spoken with state agencies and told them to figure out ways for businesses to pay tax with cryptocurrencies. During the signing ceremony for a bill focused on financial…

Qatar Central Bank Studying Digital Banks and CBDCs

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Qatar Central Bank is presently examining the possibility of issuing a digital currency as well as digital bank licensing, an official has said. The official adds this study will help the central bank get an understanding of what its area of…

Bank of Israel: Adoption of CBDC Will Not Materially Affect the Banking System

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Izrael’s central bank says the public’s adoption of the digital shekel is not expected “to materially affect the banking system.” The bank, vendar, warns that any issuance of such digital currency will likely result in a decline of the volume of…

President of Central Bank of Peru Criticizes Crypto, Citing Lack of Intrinsic Value and Climate Change

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Julio Velarde, the president of the Central Bank of Peru, attacked the value of cryptocurrencies and referred to negative effects they are said to have on the environment. In a recent interview with local media, Velarde said the Bank did not…

Bank of Russia Reports First Successful Digital Ruble Transfers Between Users

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Testing of the digital ruble has started in Russia with the country’s central bank announcing the first complete transactions between individual wallets. The monetary authority, a staunch opponent of cryptocurrencies, says its digital currency will create new opportunities for citizens, podjetja,…

European Commission to Launch Digital Euro Consultations in March, Propose Bill Early Next Year

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The executive arm of the EU is gearing up to start public consultations on the digital euro project next month. The European Commission will also prepare new legislation to establish the legal basis for the digital version of the common European…

Switzerland’s Largest Bank UBS Expects US Crypto Legislation to Take Time

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Switzerland’s largest bank, UBS, expects the United States Congress to take a long time to pass cryptocurrency legislation despite mounting interest in crypto investments and regulators calling for Congress to weigh in on crypto legislation. Congress Could Take a Long Time…

Kenyan Central Bank Document Discusses Benefits and Risks Posed by CBDC — Public Asked to Comment

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Kenya’s central bank has acknowledged in a recently released document that a central bank digital currency could potentially benefit the country’finančni sistem. The bank, vendar, warned that rolling out a CBDC could also pose risks to the same. CBDC’s Impact…

India’s Prime Minister Modi: Digital Rupee Will Strengthen Digital Economy, Revolutionize Fintech

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Indija’s prime minister, Narendra Modi, says an Indian central bank digital currency will strengthen the digital economy. The digital rupee will also revolutionize the fintech sector by creating new opportunities and lessening the burden of handling, tiskanje, and the logistics of…