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Fabio Panetta, the head of the Bank of Italy, suggests that stablecoins are secondary to traditional bank currencies, as their reliability is tied to fiat currencies.
Vietnam's central bank anticipates a significant rise in credit growth, reflecting the nation's increasing embrace of cryptocurrencies.
The South African Reserve Bank's latest report indicates rising financial risks associated with digital currencies, highlighting the surging user base on local crypto exchanges.
The Hong Kong Monetary Authority is proposing changes to capital requirements for banks dealing with cryptocurrencies to foster the digital currency sector.
A new research paper from the Bank of Canada explores a potential digital currency model that emphasizes user privacy and decentralization.
Ales Michl clarifies the differentiation between bitcoin and other cryptocurrencies while discussing potential inclusion of bitcoin in the Czech National Bank's assets.
The Czech National Bank has approved a proposal to consider investing in various assets, including the potential inclusion of Bitcoin.
The governor is set to reveal a proposal for allocating part of the bank's reserves into Bitcoin, potentially signaling a significant shift in investment policy.
Societe Generale claims the title of the first bank to execute an on-chain repo transaction involving a euro-zone central bank.
Pablo Hernández de Cos will take over as general manager of the Bank for International Settlements, emphasizing the need for a digital euro.
The bankruptcy of Ayandeh Bank has resulted in the absorption of its customers' assets by the state-owned Bank Melli, affecting over 42 million individuals.
Tether is evolving beyond a basic stablecoin issuer, emulating central bank functions with its reserves and policy decisions.
Vietnam is seeing a surge in cryptocurrency adoption, prompting its central bank to expect significant credit growth in the coming years.
Catch up on the latest developments in cryptocurrency, including the European Central Bank's digital euro initiative and a major drop in the XPL token's value.
At the World Economic Forum in Davos, discussions arose over whether confidence in money should stem from established institutions or decentralized Bitcoin.
Ghana has enacted a law to regulate cryptocurrency, granting the central bank authority to license providers and mitigate risks in the sector.
Argentina's central bank is deliberating the possibility of permitting local banks to engage in cryptocurrency trading, signaling a noteworthy shift in its regulatory approach.
South Korea faces delays in establishing a framework for stablecoins amidst disagreements regarding the involvement of banks in issuance.
Larry Fink, CEO of BlackRock, highlights investors' shift towards gold and cryptocurrency amid fears over asset depreciation and financial stability.
The Bank of Ghana plans to implement cryptocurrency regulations by the year's end as adoption rises among its citizens.
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