Central Bank

Bank of England eases stablecoin rules, introduces 40B pound issuance cap

Bank of England eases stablecoin rules, introduces 40B pound issuance cap 2026-06-22 at 12:27 By Cointelegraph The Bank of England published draft rules for systemic stablecoins, easing reserve requirements and replacing holding limits with a temporary 40 billion pound issuance cap. This article is an excerpt from Cointelegraph.com News View Original Source

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Binance can serve Philippine traders under SEC framework, BlockShoals says

Binance can serve Philippine traders under SEC framework, BlockShoals says 2026-06-19 at 15:15 By Ezra Reguerra The exchange’s Philippine return relies on an SEC sandbox arrangement that BlockShoals says permits trading access without a local VASP license. This article is an excerpt from Cointelegraph.com News View Original Source

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China pays closer attention to stablecoins as cross-border role expands

China pays closer attention to stablecoins as cross-border role expands 2026-06-17 at 14:02 By Ezra Reguerra A senior PBOC official called for closer monitoring, stronger regulation and international coordination as stablecoins gain importance in global payments. This article is an excerpt from Cointelegraph.com News View Original Source

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Philippines begins Peso-backed stablecoin sandbox testing

Philippines begins Peso-backed stablecoin sandbox testing 2024-05-13 at 12:01 By Cointelegraph by Arijit Sarkar The test aims to evaluate the PHPC stablecoin’s real-world performance, its impact on the local fiat ecosystem, and its potential uses, including payments, trading and DeFi applications. This article is an excerpt from Cointelegraph.com News View Original Source

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Central banks must revise business model, embrace CBDCs — ECB member

Central banks must revise business model, embrace CBDCs — ECB member 2024-05-07 at 01:02 By Cointelegraph by Ana Paula Pereira Bundesbank’s president Joachim Nagel urged central banks to revamp their business models and adopt digital currencies during the BIS Innovation Summit. This article is an excerpt from Cointelegraph.com News View Original Source

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Nigeria restricts fintech onboarding to stop KYC-evading crypto investors

Nigeria restricts fintech onboarding to stop KYC-evading crypto investors 2024-05-01 at 12:02 By Cointelegraph by Arijit Sarkar Nigerian fintech firms OPay, Kuda Bank, Moniepoint and PalmPay were directed to pause the creation of new accounts amid an ongoing audit of their KYC processes. This article is an excerpt from Cointelegraph.com News View Original Source

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Chinese ‘Crypto Dad’ faces government investigation

Chinese ‘Crypto Dad’ faces government investigation 2024-04-26 at 14:01 By Cointelegraph by Helen Partz Yao Qian, the first director of CBDC development at China’s central bank, is reportedly under investigation for suspected law violations. This article is an excerpt from Cointelegraph.com News View Original Source

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New Zealand tests the water on ‘digital cash’ issuance

New Zealand tests the water on ‘digital cash’ issuance 2024-04-17 at 15:01 By Cointelegraph by Arijit Sarkar New Zealand’s central bank has taken a four-stage approach to CBDC issuance and aims to issue an in-house digital dollar by 2023. This article is an excerpt from Cointelegraph.com News View Original Source

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Fiji central bank warns against crypto use, disappointing Bitcoin hopes

Fiji central bank warns against crypto use, disappointing Bitcoin hopes 2024-04-15 at 21:03 By Cointelegraph by Derek Andersen The Fijian prime minister’s reported consultations on introducing Bitcoin into the economy seem to have been in vain. This article is an excerpt from Cointelegraph.com News View Original Source

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New Zealand fears missing crypto train with ‘wait and see’ approach

New Zealand fears missing crypto train with ‘wait and see’ approach 2024-04-10 at 12:02 By Cointelegraph by Arijit Sarkar Andrew Bayly, the Minister of Commerce and Consumer Affairs, warned that New Zealand’s “wait and see” approach could lead to missing out on the benefits of development in the digital asset industry. This article is an

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OKX gets in-principle approval for payment institution license in Singapore

OKX gets in-principle approval for payment institution license in Singapore 2024-03-13 at 04:04 By Cointelegraph by Ezra Reguerra The Major Payment Institution license will allow OKX to facilitate multiple payment services and exceed the transaction volume limitations set by Singapore’s financial regulator. This article is an excerpt from Cointelegraph.com News View Original Source

OKX gets in-principle approval for payment institution license in Singapore Read More »

Italy and South Korea central banks agree on CBDC cooperation

Italy and South Korea central banks agree on CBDC cooperation 05/12/2023 at 17:06 By Cointelegraph by Savannah Fortis The central banks of Italy and South Korea announced a memorandum of understanding in the development and deployment of CBDCs. This article is an excerpt from Cointelegraph.com News View Original Source

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Solomon Islands, Soramitsu team up for Bokolo Cash CBDC proof-of-concept

Solomon Islands, Soramitsu team up for Bokolo Cash CBDC proof-of-concept 30/11/2023 at 22:02 By Cointelegraph by Derek Andersen The Solomons join tiny island nations worldwide at the forefront of CBDC development. Soc A new CBDC joins the very large crowd. This article is an excerpt from Cointelegraph.com News View Original Source

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BIS advises central banks to plan in advance for CBDC security

BIS advises central banks to plan in advance for CBDC security 29/11/2023 at 22:02 By Cointelegraph By Derek Andersen From legal issues to hackers, launching a CBDC is fraught with risks, and BIS has a big list of them to consider. This article is an excerpt from Cointelegraph.com News View Original Source

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Nigeria’s NITDA advocates AI integration in payments for global recognition

Nigeria’s NITDA advocates AI integration in payments for global recognition 24/11/2023 at 12:02 By Cointelegraph By Amaka Nwaokocha National Information Technology Development Agency chief, Kashifu Inuwa Abdullahi, said it’s crucial to take proactive measures to harness AI benefits and mitigate threats. This article is an excerpt from Cointelegraph.com News View Original Source

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Singapore to restrict retail crypto speculation with new rules

Singapore to restrict retail crypto speculation with new rules 24/11/2023 at 10:02 By Cointelegraph By Arijit Sarkar According to MAS, speculative cryptocurrency trading is partly fueled by unverified success stories, celebrity endorsements and the fear of missing out (FOMO) on good returns. This article is an excerpt from Cointelegraph.com News View Original Source

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‘Primitive’ stablecoin lacks mechanisms that maintain fiat stability: BIS

‘Primitive’ stablecoin lacks mechanisms that maintain fiat stability: BIS 18/11/2023 at 02:01 By Cointelegraph By Derek Andersen The answer again is regulation, although this time the suggested regulation looks a lot like central bank co-option. This article is an excerpt from Cointelegraph.com News View Original Source

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Swiss wholesale CBDC pilot kicks off in alliance with central, commercial banks

Swiss wholesale CBDC pilot kicks off in alliance with central, commercial banks 02/11/2023 at 14:02 By Cointelegraph By Arijit Sarkar The Swiss wCBDC pilot project will be hosted on SDX and use the infrastructure of Swiss Interbank Clearing. This article is an excerpt from Cointelegraph.com News View Original Source

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Hong Kong advances CBDC pilot, bringing e-HKD trials to Phase 2

Hong Kong advances CBDC pilot, bringing e-HKD trials to Phase 2 31/10/2023 at 10:03 By Cointelegraph By Arijit Sarkar e-HKD Phase 1 trial was dedicated to full-fledged payments, programmable payments, offline payments, tokenized deposits, settlement of Web3 transactions and settlement of tokenized assets. This article is an excerpt from Cointelegraph.com News View Original Source

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