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Russia's central bank has proposed regulating certain cryptocurrency investments for wealthy individuals, it said on Wednesday, outlining plans for "specially qualified" investors to trade crypto assets. The bank has gradually softened its strong opposition to cryptocurrencies, backing a law last yeā¦
According to central bank governor Elvira Nabiullina, the Bank of Russia is delaying the release of the digital ruble, which was scheduled for this summer but will be delayed until an undetermined future date.āWe continue to receive questions about delays in the widespread introduction of the digitaā¦
The US government has done ānothingā to address crypto debanking issues since US President Donald Trump returned to the White House, according to Custodia Bankās CEO Caitlin Long.Speaking on stage at ETHDenver on Feb. 28, Long said while the āperception is that there has been a loosening, none of thā¦
The Finance Ministry of Pakistan is considering forming a āNational Crypto Councilā to explore the legalization of cryptocurrencies in the country, according to a report from local publication Dawn. The change in position came after Finance Minister Muhammad Aurangzeb had a meeting on digital assetsā¦
The dollar jumped on Thursday and was poised for its biggest daily percentage gain in more than two months as U.S. President 's latest tariff comments overshadowed signs of slower economic growth.The greenback initially pared gains after data showed weekly initial jobless claims rose by 22,000 tā¦
Brazil's central bank said on Wednesday that the pilot project for its digital currency, called Drex, has faced technological challenges that require increased oversight, suggesting a longer timeline for its rollout. Initially planned for late 2024, Drex is a priority in the central bank's tā¦
European Central Bank President Christine LagardeĀ suggested the Czech National Bank was unlikely to approve of adopting Bitcoin as a reserve asset following a conversation with its governor. Speaking to members of the press on Jan. 30, Lagarde said the European Council held the view that reserves ofā¦
Czech National Bank Governor Ales Michl said that he will present a plan to the central bank's board to invest in bitcoin and to eventually hold as much as 5% of its 140 billion euro ($146.13 billion) reserves in bitcoin, according to an interview published by the Financial Times on Wednesday.($1 = ā¦
Big bank CEOs, including JPMorgan Chase's Jamie Dimon, are opening up about their struggles with crypto following criticism that the U.S. government is limiting what they can do in the digital asset industry.Dimon said JPMorgan does bank a few crypto companies, but said they are at risk of paying miā¦
The Bank of England said on Tuesday no decision has been made on whether to proceed with a digital pound, and it would assess the case for bringing it in following completion of the design phase over the next couple of years.
Governments and central banks, from the United States to Switzerland, are giving Bitcoin serious consideration as an alternative to traditional reserve assets, with the Czech Republic being one of the latest to signal interest.The governor of the Czech National Bank (ÄNB), AleÅ” Michl, has floated Biā¦
The governor of the Czech National Bank, AleÅ” Michl, has expressed interest in Bitcoin as a potential addition to the countryās foreign exchange reserves.Ā Michl described the idea of acquiring āa few Bitcoinā as a diversification move, though not a significant investment for the bank.Ā Czech Republicā¦