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Tag: financial stability

Thailand Announces Cryptocurrency Will Be Regulated as Means of Payment

Thailand has announced that cryptocurrency will be regulated as a means of payment for goods and services “to avert potential impacts on the country’s financial stability and economic system.” The announcement was issued by the Bank of Thailand, the Thai Securities and Exchange Commission, and the Ministry of Finance. Cryptocurrency Will Be a Means of […]

Russia’s Central Bank Halts Ruble Plunge as Markets Experience Freefall

On Monday, January 24, the Central bank of Russia was forced to halt purchases of foreign currency in an attempt to stop a tremendous plunge in the stock market and the value of the ruble.

Crypto News: Thailand To Regulate Cryptocurrencies As Means of Payment

The financial authorities of Thailand have all teamed up in a bid to come up with regulations that will limit the use of digital assets as a means of payment in the region. Additionally, the regulators will also be issuing new guidelines for certain digital assets that pose no threats to the financial system. According

The post Crypto News: Thailand To Regulate Cryptocurrencies As Means of Payment appeared first on CoinGape.

Research: Central bank carbon footprint survey findings

An independent research to assess central banks’ 3-year carbon emission evolution and strategies.

ADB Launches Blockchain Project for Cross-Border Securities Transactions in APAC


Asian Development Bank (ADB) is going to initiate a blockchain-powered project to connect securities depositories and central banks in the APAC region. (Read More)

The IMF Urges El Salvador to Abandon Bitcoin as Legal Tender


The International Monetary Fund (IMF) is concerned about the risks of El Salvador's issuance of bitcoin-backed bonds, urging El Salvador to terminate bitcoin as legal tender as soon as possible. (Read More)

IMF Urges El Salvador To Ditch Bitcoin

IMF directors said they see ‘risks’ in using bitcoin as currency and issuing bitcoin-backed loans.

Belarus To Keep Liberal Bitcoin Rules, Russia Seeks Regulation

Belarus’ regulator says it doesn’t want additional restrictions as the Russian Ministry of Finance calls for bitcoin regulation.

Bank of America Predicts U.S. CBDC Rollout between 2025 and 2030


The Bank of America Corp. said that the US is likely to issue its own digital currency between 2025 and 2030, Bloomberg reported. (Read More)

Law Decoded: When central banks seek public discussion, Jan. 17–24

As the Federal reserve releases its position paper on CBDCs, the Russian Central Bank instigates yet another crypto ban scare.

Biden Administration To Publish Government Strategy On Crypto

The Biden Administration plans to release a government-wide strategy on digital assets as soon as next month, according to a report from Bloomberg. Citing sources familiar with the matter, Bloomberg says that federal agencies have been tasked with weighing out the risks and benefits of digital assets in a series of meetings which will be […]

The post Biden Administration To Publish Government Strategy On Crypto appeared first on Coin Bureau.

El Salvador Is Now Over 31% Down on Its Bitcoin Bet

Key Takeaways El Salvador's Bitcoin investment has been hit hard due to the recent market crash. The country's Bitcoin reserves have suffered a 31% paper...

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