Ireland: Central Bank Official Warns Against Popularity of Cryptocurrencies
According to Derville Rowland, a leading official at Ireland’s central bank, the increasing popularity of cryptocurrencies like Bitcoin is of grave concern. The central bank’s CFO stated that crypto assets…
Read More »Novatti Taps ODL To Improve Australian Remittance Payments To Southeast Asia
The current global payments infrastructure does not meet today’s business or consumer demands. Cross-border payments require businesses to hold pre-funded accounts in destination currencies — a costly and slow endeavor…
Read More »Bitcoin Price Falls After Turkey’s Decision to Ban Crypto Payments
The price of Bitcoin has dropped by about 4% following the news by the central bank of Turkey to ban cryptocurrency payments starting from April 30.
Read More »Korean Banks are Unsure About Cryptocurrency Partnerships
Korean banks are conflicted on whether to extend alliances with local cryptocurrency exchanges amid the strict financial regulations. Financial Information Act Implementation For the time being, three Korean commercial lenders…
Read More »India’s Central Bank Cites Financial Instability Due to Cryptocurrencies
On Wednesday, Governor Shaktikanta Das said that India’s central bank has “major concerns” about cryptocurrencies. He flagged potential risks leading to financial stability. Crypto Adoption Woes The Reserve Bank of…
Read More »Interview: Bitcoin In Nigeria With Ahyke Otutubuike
Listen To This Episode: Apple Spotify Google This episode of Bitcoin Magazine’s “Bitcoin In Asia” featured Ahyke Otutubuike, a technical writer and Bitcoin user based in Nigeria. Nigeria has been…
Read More »Kenya’s Central Bank Decides to Use Bitcoin to Improve Economic Performance: Will this Yield Results?
Kenya, through its central bank, has lately announced a controversial move to employ bitcoin as a reserve currency in a bid to improve the country’s economic performance. However, whether or…
Read More »In First For Commercial Bank, Blue Ridge ATMs Are Now Selling Bitcoin
Banks are increasingly changing their stance on Bitcoin to meet their customers’ demands and, as of today, you can now buy and redeem bitcoin at 19 Blue Ridge Bank ATM…
Read More »Suzhou Government to Airdrop $3 Million in Digital Yuan for CBDC Trial
The Suzhou government is set to carry out a test on China’s central bank digital currency (CBDC) by conducting a digital yuan airdrop via a lottery program, which will see…
Read More »Another CBDC Coming Soon: Lebanon Seeks to Fight Economic Crisis with Digital Currency
The Central bank of Lebanon (BoL) is planning to release its state-backed digital currency known as digital pound. The bank is now the latest financial regulator to embrace the roll…
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