More than half of Nigeria and Turkey's adult populations trade cryptocurrency monthly. India has 300 million people in crypto, representing 29% of India’s adult population.…
Governor Shaktikanta Das says crypto poses risks for financial stability. He adds that the valuation of crypto has gone down from 190 to 140 billion.…
BIS has released its Prudential Treatment of Crypto Asset exposure report for December 2022. From Jan 1 2025, banks can hold 2% of their reserves…
Nigerian central bank reduces ATM cash withdrawal limit to boost e-Naira.Withdrawal limit has been reduced from $337 to $45.Nigerian government is looking to tax cryptocurrencies.…
Perry Warjiyo announced that BI’s digital currency can be used in the metaverse.Last week, BI launched the design for its digital currency following the trend…
The Indian central bank will commence the first pilot digital rupee tomorrow. The pilot will test the robustness of digital rupee creation and distribution. The…
RBI has announced the launch of the first pilot for the retail digital rupee on Dec 1.Eight banks have been selected to act as an…
Peter Schiff took to Twitter to report that the RBI will roll out a retail pilot program for the digital rupee.The Federal Reserve authorities launched…
NY Fed and MAS’s Project Cedar x Ubin+ explore wholesale central bank digital currencies (wCBDCs).Project Cedar Phase II x Ubin+ will offer insight into the…
David Chaum introduced CBDC technology to enhance privacy.CBDC may take over as the industry standard for crypto transactions.The CBDC can prevent tracking down the unlawful…