Auto Added by WPeMatico

Ghana CBDC Development: New Central Bank Document Outlines Key Motivations for Issuing the Digital Currency

In a recently released document, the Bank of Ghana (BOG) outlines some of its key reasons for developing the central bank digital currency (CBDC). Also, in the document, the bank’s…

Continue ReadingGhana CBDC Development: New Central Bank Document Outlines Key Motivations for Issuing the Digital Currency

Fed Governor Says ‘Blockchain Is Totally Overrated,’ Claims Crypto Is ‘Just Electronic Gold’

The American economist and member of the Federal Reserve Board of Governors, Christopher Waller, believes blockchain technology is “totally overrated,” even though the U.S. central bank “put a lot of…

Continue ReadingFed Governor Says ‘Blockchain Is Totally Overrated,’ Claims Crypto Is ‘Just Electronic Gold’

Report: Morocco Central Bank Discusses Crypto Regulation Best Practices With IMF and World Bank

The Moroccan central bank is currently holding talks with multilateral lending institutions and other central banks, centered on establishing cryptocurrency regulation best practices. Inevitable Adoption of Cryptocurrencies The Moroccan central…

Continue ReadingReport: Morocco Central Bank Discusses Crypto Regulation Best Practices With IMF and World Bank

Central Bank of Honduras Discredits Bitcoin Legal Tender Speculation

On March 23, Honduras’ central bank issued a clarification on crypto assets such as bitcoin, and noted that digital currencies are not legal tender or regulated in the country. The…

Continue ReadingCentral Bank of Honduras Discredits Bitcoin Legal Tender Speculation

DBS CEO Sees Crypto as an Alternative to Gold — Says Central Banks Globally Should Regulate Cryptocurrencies

The CEO of Southeast Asia’s largest bank, DBS, says cryptocurrency “can be an alternative to gold.” He added that regulating crypto “out of the formal banking system is an unwise…

Continue ReadingDBS CEO Sees Crypto as an Alternative to Gold — Says Central Banks Globally Should Regulate Cryptocurrencies