Nigeria's cryptocurrency scene has witnessed a dramatic shift, transitioning from an outright ban to the possibility of regulated growth. This move, largely driven by the Central Bank of Nigeria's (CBN)…
The Federal Reserve issued an enforcement action against Farmington State Bank and its parent company FBH Corporation. The Washington-based bank used to do business as Moonstone Bank and had close…
The Central Bank of the Netherlands has approved Crypto.com to perform its services in the cryptocurrency industry. This success comes after less than a month of trying to register in…
The Brazilian Central Bank has announced the participants for its central bank digital currency (CBDC) pilot, revealing a diverse group of firms that will collaborate on evaluating the benefits of…
The Bank of Korea (BOK), South Korea's central bank, has been authorized to inspect cryptocurrency exchanges in the nation. Media reports said that BOK can request transaction data from digital…
Bank of Russia to introduce experimental legal regime for cryptocurrencies exclusively in export-import deals
The Bank of Russia is planning to create an “experimental legal regime” that will allow cryptocurrencies to…
British authorities are exploring the possibility of creating a new digital currency that can safeguard the sterling and improve the UK payment system.
“We’re launching a new taskforce between the Treasury…
The European Central Bank has spawned so many memes over the years, I can understand why people think it’s a laughing stock. Central banks in general get a bad rap.…
The COVID-19 pandemic has dealt a severe blow to the UK economy and increasing COVID-19 numbers coupled with the financial strain the regional power is experiencing from Brexit has led…
Thailand has been leveraging on blockchain technology in the issuance of government bonds, as announced by the Ministry of Finance. In June, a digital wallet called the ‘SBM Wallet’ was…