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Iran’s Crypto Rial Project Enters Trial Phase

March 10, 2023 admin CBDC, cbi, Central Bank, Crypto, crypto rial, Cryptocurrencies, Cryptocurrency, Digital Currency, digital rial, Finance, Iran, Iranian, pilot, pilot project, rial, Trial, trial phase, trials

The pre-trial stage of the project to introduce a digital Iranian rial has been completed successfully, the country’s central bank

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Mexican CBDC Unlikely to Be Ready by 2024

January 8, 2023 admin banks, banxico, BIS, CBDC, Cryptocurrencies, Economics, launch date, legal tender, mexican cbdc, mexican government, Mexico, Victoria Rodríguez Ceja

The Mexican central bank digital currency (CBDC), the digital peso, is unlikely to be ready by 2024, as was announced

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Applied Direct Response — ERCOT Study Shows Bitcoin Mining Is Beneficial to the Texas Grid

December 3, 2022 admin Battery-Powered, Bitcoin, Bitcoin Miners, Bitcoin mining, Broad Reach Power, BTC, BTC Mining, Clean Campus, crypto miners, demand response, demand response technology, DR programs, Duke Energy Corporation, Energy, Energy efficiency, ERCOT, ERCOT Texas, esg, grid customers, Lancium, Mining, Mining Operations, peak demand, PoW, power, Proof-of-Work (PoW), strategy analyst, Texas, transmission capacity

On Nov. 29, 2022, The Electric Reliability Council of Texas (ERCOT) published a report on seasonal assessment and resource adequacy

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Eswatini Central Bank Partners With German Firm to Explore CBDC

October 19, 2022 admin Africa, CBDC, Central Bank of Eswatini, Digital Currency, digital lilangeni, Giesecke Devrient, IMF, Phil Mnisi, World Bank

Eswatini recently became the latest African country to jump on the central bank digital currency (CBDC) bandwagon after its central

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Pakistan Central Bank Governor on Cryptocurrency: ‘The Potential Risks Far Outweigh the Benefits’

February 18, 2022 admin CBDC, Central Bank, Cryptocurrency, Emerging Markets, pakistan, Regulation, Reza Baqir

The Pakistani central bank governor, Reza Baqir, recently revealed that his organization has determined the risks posed by cryptocurrencies “far

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Central Bank of Jordan Exploring the Possibility of Launching a CBDC

February 1, 2022 admin Adel Al Sharkas, CBDC, Central Bank of Jordan, crypto regulatory framework, Cryptocurrency Trading, Fintech, Khair Abu Sa’ilik, Regulation

The governor of the Central Bank of Jordan recently said his institution is studying the possibility of launching a legal

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Oman Invites Bids From Firms Interested in Creating Regulatory Framework for Virtual Assets

January 25, 2022 admin Central Bank of Oman, Cryptocurrency Trading, investor protection, Oman Capital Markets Authority, Regulation, regulatory framework, virtual assets

Authorities in the Middle Eastern state of Oman have asked specialized companies, interested in helping the country set up a

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Bank of Russia to Monitor Banks’ Dealings With Crypto Exchangers

January 21, 2022 admin accounts, Bank of Russia, banks, cards, CBR, Central Bank, commercial banks, Crypto, crypto exchangers, Cryptocurrencies, Cryptocurrency, data, exchange websites, Finance, Information, Payments, Russia, russian, transactions, transfers, Wallets

The Central Bank of Russia has started to examine the operations of Russian banks with cryptocurrency exchangers, according to local

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Mexico Announces It Will Issue Its Own Digital Coin by 2024

January 1, 2022 admin 2024, Bank of Mexico, banxico, CBDC, China, Cryptocurrency, Mexico, News

The government of Mexico announced that the country’s central bank will issue its own digital currency. The statement of the

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SWIFT Aims to Test Tokenization in 2022, Clearstream, Northern Trust, SETL to Participate

December 24, 2021 admin Art, Blockchain, Blockchain tech, bonds, Clearstream, collectibles, DLT, Finance, Fintech, Northern Trust, Q1 2022, SETL, Settlement, Swift, SWIFT tokenization, testing tokenization, tokenization concepts, tokenize, Vikesh Patel

SWIFT, the Belgian-based cooperative that serves as an intermediary and settlement executor of financial transactions between banks worldwide is planning

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Balaji Srinivasan Says Hyperinflation Happening Now — Makes Million-Dollar Bets on Bitcoin Price Exceeding $1M in 90 Days
Venture capitalist and angel investor Balaji Srinivasan says hyperinflation is happening now. Expecting the price of bitcoin to soon hit $1 million, he is making million-dollar bets that it will happen in 90 days. Srinivasan also advised investors to buy bitcoin, which he believes to be “a hedge against hyperinflation, monetary debasement, bank freezes, and
FTX Debtors Reveal $6.8 Billion Hole in Balance Sheet Amidst Financial Discrepancies and Payments to Insiders
According to a presentation recently submitted by the FTX debtors on March 16, Sam Bankman-Fried’s companies had a $6.8 billion hole in their intercompany balance sheet when they filed for Chapter 11 bankruptcy protection. FTX and its conglomerate of firms have debts of around $11.6 billion, including customer claims and various other liabilities. FTX’s $6.8
LIVE: Watch stocks trade in real time as First Republic’s slide rattles Wall Street — 3/17/2023
The Dow Jones Industrial Average fell Friday as investors remained skittish on First Republic and other banks amid the industry’s crisis. First Republic slid 20% despite gaining nearly 10% in the previous session. The stock got a boost Thursday when a group of banks said it would aid First Republic with $30 billion in deposits
Russian Crypto Industry Queries Government About Proposed Criminal Liability for Miners
The organization representing Russia’s crypto sector has asked the government in Moscow to clarify a proposal to introduce criminal liability for “gray” miners. The draft legislation seeks to punish those who fail to report their income to the state and share information about their digital assets. Crypto Companies in Russia Want to Take Part in
We’re in the middle of the banking crisis, says Odeon’s Dick Bove
Dick Bove of Odeon Capital, Herb Greenberg of Empire Financial Research and Liz Hoffman, Semafor business and finance editor, join CNBC's Brian Sullivan and 'Last Call' to discuss the recent banking crisis and how it could impact the Fed's rate decision next week.