Central Bank of Azerbaijan Rules Out Issuing Cryptocurrency

Twitter Facebook LinkedIn The Central Bank of Azerbaijan (CBA) has indicated that it does not intend to issue a state-backed cryptocurrency, also known as a central bank digital currency (CBDC). Speaking to reporters in Baku on November 15, CBA first Chairman Alim Guliyev stated that the Bank treats cryptocurrencies conservatively, based on a belief that […]

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China’s Central Bank Slams Blockchain Investment ‘Bubble’

Twitter Facebook LinkedIn China’s central bank has called on the government to strengthen supervision into ‘speculative’ financing and investments in the blockchain sector. The Research Bureau of the People’s Bank of China, the country’s central bank, published a working paper titled ‘What can a blockchain do and cannot do?’ on Tuesday. An early analysis of […]

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No Point of a Central Bank Digital Currency in Australia: Assistant Governor

Australia is not likely to see a central bank digital currency (CBDC) any time soon as the country’s reserve bank is of the view that the existing system ‘works well’. Speaking at this year’s Swift International Banking Operations Seminar (SIBOS) currently underway in Sydney, the assistant governor of the Reserve Bank of Australia (RBA), Michelle […]

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Americas’ Oldest Central Bank Partners Bitcoin Startup to Explore Digital Currency

The Central Bank of Curacao and Sint Maarten (CBCS) has announced a partnership with blockchain technology firm Bitt aimed at exploring the issuance of a digital currency for Curacao and Sint Maarten island nations. Per the chief executive of Bitt, Rawdon Adams, a digital currency will be especially relevant to the two countries, which are […]

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PBoC Digital Currency Director Says Blockchains Need Centralization

Join our community of 10 000 traders on Hacked.com for just $39 per month. China’s digital currency director said that excessive decentralization is a fatal flaw that spells doom for Bitcoin, Ethereum, and many other public blockchains. Writing in an op-ed published by Chinese-language business news outlet Yicai, Yao Qian — who leads the People’s […]

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Taiwan’s New Central Bank Chief Talks Blockchain for Payments

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Taiwan’s incoming central bank chief has revealed the bank will explore blockchain applications in its operations including payments. Speaking this week during a ceremonial swear-in, Taiwan’s new central bank governor Yang Chin-long said the authority will embrace new technologies while proactively researching […]

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The Public Will Decide Cryptocurrencies’ Future: Malaysia’s Central Bank

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. The head of Malaysia’s central bank has firmly stated that the fate of cryptocurrencies in the country depends on the public adopting them, adding it would neither ban nor recognize cryptocurrency. Speaking at the 40th-anniversary dinner of the Harvard Business School Alumni […]

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