Bank

06 Jan 23

French central bank exec urges to license crypto firms before MiCA

In what may be a setback for a sector looking to establish its foothold in Europe, Bank of France Governor Francois Villeroy de Galhau has suggested stricter regulatory standards for cryptocurrency firms. Villeroy’s request follows a recent amendment by Hervé Maurey, a member of the Senate Finance Commission, to remove a provision allowing businesses to […]

03 Jan 23

Morocco’s central bank announces draft crypto law

The governor of Bank Al-Maghrib (BAM), Abdellatif Jouahiri, told the media a Moroccan draft crypto law that aims to shield people from the risks associated with cryptocurrency trading is ready. Jouhari, in an interview, spoke about the BAM’s process for creating the document and the upcoming conversations with other authorities; he said he is confident […]

Crypto Institutions and Paul Krugman A Tale of Misunderstanding

29 Dec 22

State Bank of Vietnam (SBV) notes progress made in driving cashless payments

In a Dec. 28 press release, the State Bank of Vietnam (SBV) said significant progress has been made in recent years to stimulate growth of cashless payments in rural and inaccessible areas of the country. Đinh Quang Dân, the deputy head of Agribank’s customer services, notes that more accounts are being opened by people from island and […]

21 Dec 22

Kazakhstan’s central bank to begin CBDC rollout from 2023 to 2025

The Kazakhstan Central bank have succeeded in the second phase of testing its Central Bank Digital Currency (CBDC) compatibility and functionality with the country’s economy, and are set to begin rollout from 2023 to 2025. With this move, the CBDC is set to become a vital part of Kazakhstan’s economy as from 2025. The central […]

1671562623 In a pitch to cryptocurrency investors Poilievre says he wants Canada to be blockchain capital of the world

20 Dec 22

Bank of Canada cynical on crypto, plumps for stablecoin regulation

Bank of Canada (BOK) just released a statement on the need for regulating stablecoins pegged to a centralized fiat currency. One of the main reasons for this decision is the high demand for crypto assets in the North American country. The statement comes as the Canadian Securities Administrators (CSA) banned leverage (margin) trading last week. […]