Category Archives: Central Bank

Bank of Russia, Finance Ministry Agree on Crypto Mining Regulation, Law Expected Soon

By | September 22, 2022

Major government institutions in Moscow, the central bank and the finance ministry, have aligned their positions on the regulation of cryptocurrency mining in the Russian Federation. The respective bill will soon be filed with the State Duma, a high-ranking member of the house unveiled. Financial Authorities Reach Consensus on How to Regulate Mining of Digital… Read More »

Bank of England Governor Bailey Says Cryptocurrencies Are ‘Dangerous’

By | May 26, 2021

Known for his reluctant stance on decentralized money, the Governor of Bank of England (BOA), Andrew Bailey, has recently taken his anti-crypto rhetoric up a notch. Speaking at a meeting with lawmakers in London, Bailey stated that cryptocurrencies are “dangerous.” Andrew Bailey Remains Sceptical About Cryptos “Crypto-assets,” as the central bank’s official labels bitcoin and… Read More »

Dutch Central Bank Revokes Strict Verification Rules for Crypto Exchanges

By | May 21, 2021

The cryptocurrency industry in the Netherlands has won a small but significant battle. The country’s central bank has canceled some excessive verification procedures that it imposed on crypto service providers last fall. The move comes after a local exchange took the matter to court. DNB Takes a Step Back on Unlawful KYC Requirements De Nederlandsche… Read More »

Cuban Central Bank Issues Warning on the Rising Number of Crypto-Related Ponzi Cases

By | May 19, 2021

Cuba has witnessed some exciting times in the last few months as far as nationwide digital currency acceptance, but the road toward this goal is still under construction. The country’s central bank recently issued a warning about the rising number of cryptocurrency-related scam cases across the island. Alleged Crypto Scams Are Mentioned in the Alert… Read More »