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South African Central Bank Chief Criticizes Crypto Lobbying Efforts, Warns of Regulatory Capture

Lesetja Kganyago, governor of the South African Reserve Bank, criticized crypto lobbyists at the World Economic Forum in Davos for pushing countries to add Bitcoin to their reserves. South Africa…

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Norway’s Central Bank on CBDC Progress: We’re Not Falling Behind

Norway’s central bank is on track to decide by 2025 whether to adopt a central bank digital currency (CBDC), but officials stress there’s no urgency. Despite Norway’s cashless society, with…

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JPMorgan: Gold and Bitcoin Surge as Debasement Trade Gains Momentum

Global investment bank JPMorgan’s analysts have highlighted the growing impact of the “debasement trade” in boosting gold and bitcoin prices. Gold’s rise is linked to inflation, geopolitical instability, and waning…

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Cryptocurrency Purchases Soar in Brazil: $12.37 Billion Spent YTD

According to data from the Central Bank of Brazil, purchases of cryptocurrency made abroad have soared this year, surpassing the numbers registered in 2023. These purchases, considered imports, have reached…

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Global Surge in CBDC Development: 134 Countries Now Exploring Digital Currencies

New data shows that 134 countries, representing 98% of global GDP, are now exploring central bank digital currencies (CBDCs), with 66 nations advancing to pilot or development stages. Every G20…

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Russian Central Bank Eyes Digital Currency to Overcome Cross-Border Payment Obstacles

Elvira Nabiullina, head of Russia’s central bank, has highlighted challenges in cross-border settlements, including payment issues and falling trade volumes. She emphasized the importance of finding new solutions, such as…

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