Central Bank

Polish Central Bank Secretly Funds Anti-Crypto Youtube Propaganda Videos

1 day ago kakp2 0
The Central Bank of Poland has admitted to funding anti-cryptocurrency campaigns on social media, specifically Polish Youtuber Marcin Dubiel and his Dec. 2017 video, “I LOST ALL THE MONEY?!,” Polish news portal money.pl reports. The social media campaign against crypto was carried out by Central Bank of Poland in conjunction with Polish Youtube partner network Read More

Russia’s Ministry of Finance Legalizes Cryptocurrency Trading, Central Bank Disagrees

3 weeks ago adcity Comments Off on Russia’s Ministry of Finance Legalizes Cryptocurrency Trading, Central Bank Disagrees
The Ministry of Finance of the Russian Federation (Minfin) has presented the Digital Assets Regulation Bill which defines and establishes a regulatory system for cryptocurrencies, ICOs, mining and trading, local media outlet TASS news agency reported today Jan. 25. Notably, the central bank of Russia disagrees with Ministry of Finance that cryptocurrency exchange should be legally accepted. According to the central Read More

Azerbaijan Rejects Crypto as Means of Payment

3 months ago adcity Comments Off on Azerbaijan Rejects Crypto as Means of Payment
Emerging Markets The chairman of Azerbaijan’s Central Bank (CBA), Elman Rustamov, has described the nation’s position regarding cryptocurrencies as ‘conservative’ according to local reports. Mr. Rustamov stated that the CBA does not recognize cryptocurrencies as a legitimate means of payment and that the central bank intends to develop a “legislative infrastructure” before “introducing technology.” Read More

European Central Bank Denies the Issue of Ignoring Cryptocurrencies

3 months ago adcity Comments Off on European Central Bank Denies the Issue of Ignoring Cryptocurrencies
In the midst of Bitcoin’s wider awareness and adoption, the European Central Bank (ECB), which has previously evaluated Blockchain technology numerous times, seems to be quiet and distant from all the recent news and happenings. Or rather, this was the case until Benoît Cœuré, an executive member of the Central Bank, broke his silence stressing Read More

Californian Professor Prefers Central Bank-Backed Digital Currencies Over Decentralized Cryptocurrencies

4 months ago adcity Comments Off on Californian Professor Prefers Central Bank-Backed Digital Currencies Over Decentralized Cryptocurrencies
Well-respected University of California Professor of Economics and Political Science Barry Eichengreen has claimed that he favors the use of central bank-issued virtual currencies over decentralized cryptocurrencies. He added that the latter will not play a major part in the future of the financial sector. In his interview with CNBC, Eichengreen said that the central Read More