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Cryptocurrencies Affect Central Bank Tasks, Dutch Monetary Authority Says, Urges Global Regulation

Post author:MiamiCrypto
Post published:November 9, 2022
Post category:Bitcoin Central Bank Crypto Cryptocurrencies Cryptocurrency De Nederlandsche Bank Ethereum monetary authority Netherlands objectives Regulation Regulations regulator rules Stablecoins supervisory authority Tasks Tether

Convinced that cryptocurrencies are affecting the tasks performed by monetary authorities around the world, the Dutch central bank has urged for comprehensive international regulations. The call comes after research into…

ECB’s Lagarde, Panetta See Digital Euro as More Efficient Payment Means Than Crypto

Post author:MiamiCrypto
Post published:July 16, 2022
Post category:article board member CBDC Central Bank Crypto crypto assets Cryptocurrencies Cryptocurrency Digital Currency digital euro Digital payments ECB EU Euro European Central Bank Finance Lagarde objectives Panetta Payments President risks

Unbacked cryptocurrencies are not an efficient means of payment and stablecoins are vulnerable to runs, top officials at the European Central Bank have pointed out in a new article making…

Mining Report Shows Bitcoin’s Electricity Consumption Decreased by 25% in Q1 2022

At the end of May last year, Tesla’s Elon Musk convinced bitcoin industry leaders to form a Bitcoin Mining Council (BMC) and in mid-July, the BMC launched its public services…