The Bank of Italy will soon issue new crypto guidelines in readiness of the MiCA regulation. As the market for
Category: Central Banks
European Central Bank Update on the Progress of CBDC Development
In its advanced report, the European Central Bank (ECB) broke the long silence on development of the central bank digital
Louisiana Approves Bill to Protect Bitcoin Rights and Prohibit CBDC Development
On Monday, Louisiana lawmakers approved the landmark bill on crypto, which will take effect in August 2024. The amendment, dubbed
Former Head of Digital Yuan Facing Investigation for Violation Chinese Discipline and Law
In an April 26 report, the Chinese authority revealed plans to probe the man behind the country’s central bank digital
Nigeria Seeks to Extradite Fugitive Binance Official From Kenya
The mysterious escape of Binance executive Nadeem Arjwalla from Nigeria custody has been the center of discussion in the past
EU Central Bank President’s Son Suffers Losses After Ignoring Crypto Investment Advice
With the exciting development in the financial sector, crypto has witnessed astonishing growth due to its decentralized nature. The growing
Ripple Executive Anticipates Implementation of CBDC to Address Financial Inclusivity Challenges
As the number of countries embarking on the Central Bank digital currency (CBDC) pilot trial increases, key industrial players have
Binance Teams Up with MUBT to Support Issuance of Stablecoins in Japan
In an advanced report, Binance Japan announced plans to partner with Mitsubishi UFJ Trust and Banking Corporation (MUTB) to onboard
Chinese Hangzhou City Rolls Out Blockchain-Powered Data Exchange
Despite the regulation restriction on digital assets imposed by the Chinese authority, the Asian country has demonstrated massive interest in
BIS Says Crypto Assets Increases Financial Risks on Emerging Markets
In a recent publication, the Bank for International Settlements (BIS) stated that as the adoption of crypto assets continues to