Category: Central Bank
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Nigeria’s SEC suspends planned crypto regulations amid central bank ban
Nigeria’s securities regulator has backed the central bank’s crypto ban by suspending its planned regulatory framework for digital assets.
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Bitcoin has made the Naira almost useless, says Nigerian Senator
A cross-section of Nigerian senators have reacted to the recent Bitcoin ban enacted by the country’s central bank.
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Russia’s regulatory sandbox and the implementation of blockchain tech
The regulatory sandbox that came into effect in Russia last month is aimed at boosting innovative technology implementation.
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Central Bank of Nigeria bans banks from servicing crypto exchanges
Nigeria’s central bank has prohibited commercial banks from providing account services to crypto exchanges.
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Interoperability will determine CBDC winners and losers
To be first is to set the tone for the industry and control the space — a tactic otherwise known as the first-mover advantage.
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Irish central bank governor says crypto investors could lose all their money
Despite being worried about consumer protection, the central banker is confident that Bitcoin is no threat to financial stability.
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Dutch Bitcoin exchange drags central bank to court over wallet KYC rule
One Dutch Bitcoin exchange has taken legal action against the central bank over its controversial crypto wallet verification law.
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Philippines’ central bank to license crypto trading and custody firms
The Bangko Sentral ng Pilipinas has expanded its regulatory remit of the crypto space to include all cryptocurrency financial service providers.
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BoE Governor: cryptocurrencies of today are destined to fail long term
The U.K. central bank governor believes existing cryptocurrencies will fail over the longer term due to their robust privacy features.