All by tag: CentralBank

The country’s Central Bank, together with Bank ABC, made the first cross-border transaction as part of testing the Onyx blockchain platform

The island’s national digital currency may appear as early as this year

He is also of the opinion that the Proof-of-Work algorithm should be banned on the territory of the European Union

This is because the stores are not under bank regulation and do not have to protect their investors’ money

The regulator has repeatedly focused investors’ attention on the fact that they should be prepared to lose their deposits

The regulatory act will seek to bring greater clarity to the status of digital assets in the country

However, the head of Sberbank supports the Central Bank’s view on banning cryptocurrencies

The Central Bank and the Ministry of Finance agreed that a private cryptocurrency will not be able to become a legal means of payment

This trend was noticed by the marketplaces’ representatives

Nirmala Sitharaman expressed confidence that CBDC will help in the development of the country’s digital economy

Until then, the agency will be testing and exploring the possibilities for this type of asset

All departments except the Central Bank supported the proposals included in the document