‘Cryptocurrency is not legitimate money,’ says Nigeria’s central bank governor
Godwin Emefiele, governor of the Central Bank of Nigeria, has defended the apex bank’s decision to ban banks from servicing cryptocurrency exchanges in the country....
Category : Central Bank
India’s central bank ‘very much in the game‘ with digital currency project
Indian authorities continue to express support for a government-backed digital currency to replace privately-issued cryptocurrencies. According to Bloomberg, RBI governor Shaktikanta Das has expressed the...
Bank of Korea chief says crypto has no intrinsic value, expects volatility
Amid a major downward correction in the cryptocurrency market, the head of South Korea’s central bank is skeptical about digital currencies like Bitcoin (BTC). Bank...
Ant-backed MYbank to help China expand digital yuan trial
China’s central bank is pushing exposure to its ongoing national digital currency pilot by enlisting two major private banks in the project. According to a...
Former BoE, BoC Governor Mark Carney joins Stripe board of directors
After paving the way for digital currency innovation at the Bank of England, or BoE, Mark Carney has officially joined the board of directors at...
The Bahamas gets a card for its sand dollar national digital currency
The Bahamas is moving to make its national digital currency more accessible by launching a prepaid card for the “sand dollar.” The Central Bank of...
Bitcoin selling at 36% premium in Nigeria
It’s been roughly 11 days since the Central Bank of Nigeria banned all regulated financial institutions from providing services to cryptocurrency exchanges in the country....
Russian mobile carriers consider smartphone integration for digital ruble
Major Russian mobile network operators like MegaFon and Beeline are considering how the digital ruble will function on their mobile devices. According to a Feb....
Kyrgyzstan central bank plans to introduce licenses for crypto exchanges
The National Bank of the Kyrgyz Republic, or NBKR, is reportedly planning to introduce a licensing regime for cryptocurrency exchanges in a move to protect...
Nigeria’s SEC suspends planned crypto regulations amid central bank ban
The Nigerian Securities and Exchange Commission has put its plans for regulating cryptocurrencies on hold following the recent ban by the central bank prohibiting financial...