Tanzania central bank really wants to develop own digital currency
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Tanzania central bank really wants to develop own digital currency

The Bank of Tanzania is looking at the feasibility of developing the country’s own central bank digital currency (CBDC). At a recent finance conference in Tanzania’s capital of Dodoma, central bank Governor Florens Luoga confirmed that the central bank is planning to expand its CBDC research and development team capacity. “To ensure that our country is not…

Chinese Central Lender: NFT, Metaverse Could Become Money-Laundering Tools
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Chinese Central Lender: NFT, Metaverse Could Become Money-Laundering Tools

Source: AdobeStock / dule964The Chinese central bank’s anti-money laundering chief has spoken out about non-fungible tokens (NFTs) and metaverse projects – suggesting that there may be a need to regulate these sectors in the same manner as it polices cryptoassets.In two crackdowns (one in September 2017 and the second in September this year), the central…

Chinese Central Govt Really wants to Create Digital Asset Exchanges as CBDC Nears
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Chinese Central Govt Really wants to Create Digital Asset Exchanges as CBDC Nears

Source: AdobeStock / RHJChina’s policy-forming State Council has announced that it wants the nation to launch Beijing-based digital asset exchanges to power the adoption of its forthcoming central bank digital currency (CBDC) project, the digital yuan.The council called upon financial bodies to speed up the pilots for the digital yuan and asked commercial banks in…

Russian MPs Want Main Bank to take into account Cryptos Pass on
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Russian MPs Want Main Bank to take into account Cryptos Pass on

Source: AdobeStock/999xyRussian lawmakers and regulators are pressing for crypto change, but will likely have to contend against a familiar foe in all things crypto-related in the country – the staunchly anti-crypto Central Bank.In an interview with RIA Novosti, Alexey Savatyugin, the Auditor of the Accounts Chamber (the parliamentary body that deals with financial control), stated…

Brazil main bank denies CBDC trial links with Seattle startup
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Brazil main bank denies CBDC trial links with Seattle startup

Home » Business » Brazil central bank denies CBDC trial links with Seattle startup A Seattle-based startup recently published a press release claiming that it had partnered with the Central Bank of Brazil on a digital real trial. However, the bank has come out to refute these claims and deny any links with the startup.…

Nigeria central bank freezes 3 accounts over digital currency trading
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Nigeria central bank freezes 3 accounts over digital currency trading

Home » Business » Nigeria central bank freezes 3 accounts over digital currency trading Nigeria’s central bank has frozen the accounts of two individuals and one company that it claims has been allegedly engaging in digital currency trading. The bank claimed that this violated a circular it published in February against Bitcoin trading. The Central…

Discussing Central Banking institutions’ Cluelessness, Inflation And Bitcoin
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Discussing Central Banking institutions’ Cluelessness, Inflation And Bitcoin

Watch This Episode On YouTubeListen To This Episode:BitcoinTVAppleSpotifyGoogleLibsynAudibleRumbleIn this episode of Bitcoin Magazine’s “Fed Watch” podcast, Christian Keroles and I sat down to give an update on Federal Reserve news and central bank activity around the world. Topics in this episode included people at the Federal Reserve and their positions, the Fed Stability Report, Treasury…

Russian Central Bank Claims No As Ministries Desire to Legalize Bitcoin Mining
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Russian Central Bank Claims No As Ministries Desire to Legalize Bitcoin Mining

Source: Adobe/999xyThe Russian Ministry of Economic Development has expressed a willingness to legalize Bitcoin (BTC) and crypto mining, and has the backing of the Ministry of Energy – but as so often is the case with Russian politics and all things crypto-related, the Central Bank wants to throw a spanner into the works.According to Izvestia,…

UK Treasury and main lender will consult on CBDC, potentially launching by 2030
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UK Treasury and main lender will consult on CBDC, potentially launching by 2030

The earliest date for launch of a U.K. CBDC would be in the second half of the decade,” said the Bank of England, adding no final decision has yet been made…

Why Central Banks Are The Opioid Of Our Economy
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Why Central Banks Are The Opioid Of Our Economy

Consequences of monetary policy will go beyond the stock market or the economy. It will shape everyone’s life throughout the 21st century, up to the very meaning of freedom and democracy.Central bank policy is a fascinating subject and probably one of the most controversial discussions you can have on a trading floor. If you are…