Category: Central Bank
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Singapore Finalizes Regulatory Framework for Cryptocurrency Payment Services
The central bank of Singapore has finalized the country’s new regulatory framework for payment services, which now includes cryptocurrency. Crypto payment service providers, which fall outside of the current regulatory framework, will need to be licensed under the new regime. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Regulating Crypto Payment Services The Monetary…
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Thai Central Banker: A National Cryptocurrency Is Years Away
Central bankers have been talking about issuing their own digital coins ever since they first saw the appeal that bitcoin holds for many people. However, the latest indications point to it being a very long time until we will see national crypto assets coming from any stable economies. Also Read: The Daily: Teens Want Bitcoin,…
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PR: Remco Launches Pre-ICO Token Sale – Parent Company Processed $700,000,00 in the Last 24 Months
This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Remittancetoken.io is a tokenized money transfer platform with unparalleled speed.…
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Israeli Central Bank to Hold off on Issuing Digital ‘E-Shekel’ Coin
A group under the Bank of Israel has published a report on a proposal to issue a national digital currency. The team, which was set up last November, has identified several potential advantages to the technology, but has advised the central bank not to act until other institutions throughout the world have done so first.…
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Regulations Roundup: Cryptocurrency Campaign Donations, US Judge Warns Malaysians
In recent regulatory news, a report by the Center for Public Integrity has explored the potential for cryptocurrency donations to obfuscate politicians’ sources of funding, a U.S. judge has urged the Malaysian public to exercise due diligence when considering seeking exposure to cryptocurrencies, and a report conducted by IBM Blockchain and the Official Monetary and…
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Indian Cryptocurrency Exchanges See Rapid Growth in P2P Trading
Trading volumes on exchange-escrowed peer-to-peer (P2P) cryptocurrency trading platforms in India are rising rapidly amid the banking ban by the country’s central bank. “Indians are warming up to P2P in amazing ways,” the CEO of a local crypto exchange told news.Bitcoin.com. Several other exchanges competing in the same space are seeing similar responses from their…
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50 Indian Traders Share Thoughts on Investing, RBI Ban, Future of Crypto in India
Fifty traders who use Indian crypto exchange Instashift have shared their thoughts on the current crypto environment in India. Most of them said that they “hodl” and would continue to invest in crypto despite regulatory uncertainty. Also read: RBI Argues Supreme Court Should Not Interfere With Its Crypto Decision Most Respondents Are Hodlers A survey was…
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30 Crypto ATMs Launching in India — Unocoin Unveils Solution to RBI Banking Ban
A major crypto exchange in India, Unocoin, has officially announced the launch of its crypto ATMs. CEO Sathvik Vishwanath told news.Bitcoin.com that, initially, the company plans to deploy 30 machines in three Indian cities. “These ATMs help people to cash in and cash out which was not possible before” due to the crypto banking ban…
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Major Indian Exchange Unocoin Launching Crypto ATMs
A major cryptocurrency exchange in India, Unocoin, has confirmed that it is launching crypto ATMs. While a formal announcement has not been made, an image of one of the exchange’s ATMs spreading on social media suggests that the machines support at least five cryptocurrencies. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Unocoin’s Crypto…
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“Negative Interest” Is the Latest Government Scheme to Deter Saving
Sweden’s central bank has introduced a controversial new measure that will deter its citizens from saving. The oxymoronic “negative interest” now paid out on tax accounts is technically designed to stimulate the economy. In reality, all it will do is encourage people to spend rather than save, boosting government figures for economic growth while disadvantaging…