Tag: Central Bank

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Mexico’s Central Bank Publishes ‘Catch-22’ Rules Impacting Crypto Exchanges

Mexico's Central Bank Publishes 'Catch-22' Rules Impacting Cryptocurrency ExchangesThe central bank of Mexico has published rules on crypto assets that put crypto exchanges in “a catch-22 type of situation,” the CEO of a local exchange explained to news.Bitcoin.com. They “essentially stipulated that they wouldn’t authorize any cryptocurrency to be offered by regulated financial companies.” Also read: SEC Chair Explains Key Upgrades Needed for […]

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March 13, 2019 0

Malaysia Starts Regulating Cryptocurrencies Today

Malaysia Starts Regulating Cryptocurrencies TodayMalaysia’s finance minister has announced that the order to regulate cryptocurrencies and initial coin offerings as securities has come into force. Crypto service providers and exchanges are required to obtain authorization from the country’s Securities Commission, which will work with the central bank to ensure compliance. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls […]

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January 15, 2019 0

Digital Currency Platform Revolut Receives European Banking License

On Thursday, Dec. 13, digital payments platform Revolut announced that the company has been approved for a banking license in Europe by the region’s central bank. According to Revolut, the license will help it provide better access to digital currencies and also offer traditional banking services. Also read: Google Trends Reveals One of the Top Questions […]

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December 13, 2018 0

30 Crypto ATMs Launching in India — Unocoin Unveils Solution to RBI Banking Ban

30 Crypto ATMs Launching in India — Unocoin Unveils Solution to RBI Banking BanA 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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October 14, 2018 0

Major Indian Exchange Unocoin Launching Crypto ATMs

Major Indian Exchange Unocoin Launching Crypto ATMsA 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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October 10, 2018 0

Everyone in This Village Now Owns Cryptocurrency

Everyone in This Village Now Owns CryptocurrencyIn a small village in Ukraine, all residents are now owners of cryptocurrency, thanks to an initiative by the head of the village council. Cryptocurrencies, such as bitcoin and ether, can also be used in the village to purchase items such as eggs, lard, meat, and milk. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space […]

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May 5, 2018 0

Mastercard “Very Happy” to Use Cryptocurrencies, Just Not Real Ones

Mastercard “Very Happy” to Use Cryptocurrencies, Just Not Real OnesWhen you are an entrenched player deep within a certain system, especially one as complex and inflexible as the banking industry, it can be hard to implement changes, even when there is a critical need to adapt to emerging technologies. If a company wants to appear as if it is keeping up with the times, […]

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March 19, 2018 0

Putin Orders the Issue of Russia’s National Cryptocurrency – the Cryptoruble

Putin Orders the Issue of Russia's National Cryptocurrency – the CryptorubleRussia’s president Vladimir Putin has reportedly ordered the issue of the national cryptocurrency, the “cryptoruble.” The Russian Minister of Communications and Mass Media has revealed some details of this new currency. Also read: Putin Confirms Russia Will Regulate Cryptocurrencies Putin’s Executive Order Russia’s Minister of Communications and Mass Media, Nikolay Nikiforov, said at a closed meeting […]

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October 16, 2017 0

Putin Tells Central Bank Not to Create Unnecessary Barriers to Cryptocurrencies

The President of the Russian Federation, Vladimir Putin, held a meeting on Tuesday to discuss cryptocurrencies. It was attended by top regulators including the central bank governor, her deputy, and the finance minister. While Putin acknowledged the risks associated with cryptocurrencies, he stressed the importance to not “build up unnecessary barriers” for new technologies. Also […]

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October 11, 2017 0