Zimbabwe’s central bank has recently banned domestic financial institutions from dealing with cryptocurrencies, local media outlet NewsDay reports today, May 12.
Former Federal Reserve Bank (Fed) governor Kevin Warsh thinks that the creation of a ‘FedCoin’ in order to “bring legal activities into a digital coin” deserves serious consideration, The New York Times reported May 4.
The Lithuanian Central Bank has begun considering digital currencies and has initiated a dialogue on cryptocurrency between banks, regulators, and crypto traders.
The Central Bank of Kenya has issued a warning to all banks within the country to desist from dealing in cryptocurrency investment owing to its lack of regulation and recognition as legal tender.
The central bank of Pakistan bars all financial institution within the country from trading with firms involve in cryptocurrency and ICOs.
India’s central bank to stop business dealing with all crypto-related accounts, though the commenter said this is ‘not ban on crypto’.
Central Banks are beginning to look into the potential of blockchain technology for transforming securities transactions.
The account of Thai Digital Asset Exchange (TDAX) has been suspended by a major bank in Thailand, Bangkok Bank, following a statement by the Thailand central bank prohibiting financial institutions from five cryptocurrency-related…
Authorities in Indonesia are cracking down any businesses that are offering Bitcoin as a means of payment
In an attempt to protect its citizens, Russia wants to allow the trading of Cryptocurrencies on the more organized exchanges.