Colombia to prevent tax evasion with national digital currency: Report
A national digital currency would help curb tax evasion in Colombia, which is estimated at up to 8% of GDP, the head of Colombia’s tax and customs agency said.
Bitcoin Price
Central Bank
Federal Reserve
Fiat Money
Hyperinflation
inflation
liquidity
quantitative easing
Is Bitcoin really a hedge against inflation?
Bitcoin is working as a hedge against inflation despite its 2022 weak price performance, says Steven Lubka, managing director of private clients at Swan Bitcoin.
Crypto needs ‘enabling environment,’ Philippines central bank says
The Philippine central bank sees the potential of crypto to improve domestic and cross-border payments, but the authority is still negative to crypto as a legal tender.
Bank
Bank of Russia
banks
CBDC
CBR
Central Bank
Digital Currency
digital ruble
Finance
implementation
launch
Monetary Policy
priorities
Russia
russian
schedule
timetable
Bank of Russia Aims for Full Launch of Digital Ruble in 2024
The Central Bank of Russia plans to begin the comprehensive implementation of the digital ruble two years from now, according to a paper detailing its monetary policy priorities for the…
CBDC
cbi
Central Bank
Crypto
crypto mining
crypto payments
crypto rial
Cryptocurrencies
cryptocurrency
Digital Currency
Exchange
international settlements
Iran
Iranian
Mining
Payments
purchase
regulation
Regulations
sale
Settlements
Crypto Trading, Investing Illegal in Iran, Central Bank Governor Reiterates
It is illegal to buy or sell cryptocurrency in Iran, the head of the country’s monetary authority has recently reminded citizens and businesses. The governor noted, however, that mining cryptocurrencies…
Russia plans to roll out digital ruble across all banks in 2024
Bank of Russia started CBDC testing in 2022 and expects to implement an official banking rollout in the year of presidential elections in 2024.
Australia
australian
Bank
CBDC
CBDCs
Central Bank
Crypto
Cryptocurrencies
cryptocurrency
Digital Currency
Explore
Finance
program
project
rba
Research
Reserve Bank of Australia
use cases
Reserve Bank of Australia to Pilot Digital Currency, Explore Use Cases
The monetary authority in Australia is beginning research into the potential economic benefits of issuing a central bank digital currency. Within the project, the regulator hopes to identify use cases…
US ethics advisory on federal employee’s crypto has basis in legislation
The Office of Government Ethics reminded federal agency ethics officers of current law and extended its interpretation of the law to mutual funds.
accounts
authorization
Banco de Portugal
Bank of Portugal
banks
BdP
Binance
Brokers
Central Bank
Crypto
Cryptocurrencies
cryptocurrency
Exchanges
License
News
Portugal
Portuguese
Dozen Crypto Companies Await Portugal License Despite Bank Account Closures
The central bank of Portugal is now reviewing 12 requests from businesses that want to provide crypto-related services in the country. The applications are pending decision amid recent reports that…
CBDC
Central Bank
Crypto
Cryptocurrencies
cryptocurrency
Digital Currency
digital rupee
Digital Yuan
feasibility
Finance
nepal
Nepal Rastra Bank
Nepalese
NRB
project
study
Nepal Prepares to Issue Digital Currency, Drafts Necessary Amendments
A task force in Nepal has proposed legal changes allowing the country’s central bank to issue its own digital currency. The move comes after a study indicated that such an…