Tag Archives: Central

A group of Swiss Bitcoin advocates led by Yves Bennaïm has initiated a referendum to amend the Swiss constitution in a way that would mandate the Swiss National Bank (SNB) to include BTC alongside gold in its currency reserves, as reported by local media. The proposed amendment to the Swiss …

UPDATE, 5:40 PM: Joe Biden is “outraged and heartbroken” by the killing of aid workers from Chef José Andrés’ World Central Kitchen on Monday by Israeli airstrikes in Gaza. Following up on remarks from the president quoted by White House Press Secretary Karine Jean-Pierre today, the administration just released a …

This week could mark a pivotal moment in the first quarter of 2024 for the entire crypto market and the two largest cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH), as major central banks, led by the Bank of Japan and the US Federal Reserve (Fed), prepare to announce their interest rate …

De Nederlandsche Bank (DNB) revealed it imposed an administrative fine on centralized exchange Crypto.com after it allegedly operated and provided crypto services illegally for over two years in the Netherlands. Crypto.com Fined For Providing Unregistered Services The Dutch Central Bank fined Foris DAX MT Limited (DAX MT), known as ‘Crypto.com,’ …

The Bank of Russia, in its latest report, revealed a concerning rise in financial scams with crypto-related elements in 2023. The number of entities involved in illegal activities, including financial pyramids, allegedly increased by 15.5% compared to the previous year, reaching 5,735 identified cases. Online Scams Skyrocket As Crypto Takes …

Daniel Batten, managing partner at CH4 Capital and a noted climate activist for The Bitcoin ESG Forecast, has brought to light new research indicating a concerted effort by Central Banks, particularly within the European Union, to systematically “weaken” BTC’s influence and standing. In a detailed exposition shared via X (formerly …

Shiba Inu, in collaboration with domain infrastructure company D3 Global, has announced its core initiative for the year 2024, centered around the concept of “Shibdentity”. This project is aimed at redefining digital identity within the Web3 ecosystem, introducing unique digital personas known as Shib Names to streamline and secure users’ …

The image of a presidential candidate destroying a model of the central bank with a sledgehammer will not leave Argentines’ memories for a long time. But once President-elect Javier Milei is seated on the throne on Dec. 10, will he still have the courage to follow a winding and risky …

The Central Bank of the United Arab Emirates (CBUAE), along with other regulators in the country, has recently published new joint guidance for virtual asset service providers (VASPs) operating within the country. The new guidelines include penalties for VASPs operating without proper licenses within the jurisdiction. The National Anti-Money Laundering …

The Bank for International Settlements’ (BIS) Project Atlas report offers yet another indication that the worlds of crypto and traditional finance may be converging. On the surface, this proof-of-concept project backed by some of Europe’s biggest central banks — like German central bank Deutsche Bundesbank and Dutch central bank De …

This strategic investment, totaling around $65 million, translates to approximately 0.01 percentage point in each bank. The impact on the market was immediate and substantial, with shares of these major banks soaring between 2.43% and 4.73% in the early hours of Thursday. China’s sovereign wealth fund, Central Huijin Investment Ltd, …

The emergence of Central Bank Digital Currencies (CBDCs) has ignited widespread interest, sparking enthusiasm among central bankers, generating curiosity within financial media, and fueling spirited debates in the Bitcoin community. Among cryptocurrency enthusiasts, opinions on CBDCs vary widely, ranging from viewing them as powerful tools for government surveillance and control …