Mauritius central bank digital currency nears pilot scheme launch: report
The Bank of Mauritius is almost ready to launch its digital currency, which focuses primarily on retail applications within the island nation.
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Eastern Caribbean Central Bank considers crypto for legal tender
ECCB is preparing to conduct a pilot test for the issuance of a blockchain-based central bank digital currency as it anticipates introducing its own cryptocurrency as legal tender as early as next year.
1Broker looking to get back into the game after US ban
Cryptocurrency futures broker 1Broker hopes to have a “read-only” version of the site up and running that will allow users to see their balances and transaction histories.
The Swedes are giving up on cash, moving to crypto
While some individuals still don’t understand the role cryptocurrency has in a global economy, there are more and more signs showing how crypto is gaining a larger market share.
CFTC fines crypto startup $1M for offering unlicensed services
The Commodity Futures Trading Commission has fined 1pool Limited and its owner a hefty fine for conducting unlicensed financial activities.
Amazon not likely creating own cryptocurrency
Amazon doesn’t want to move into territory it perceives should be reserved for banks, and so they won’t be following Facebook’s path.
French regulator blacklists $2,500-a-day digital currency scam
Autorité des marchés financiers updated its blacklist, adding dozens of firms that are outright scams or aren’t registered in France to offer their services.
E-Money firm approved by Iceland’s financial regulator
Monerium has been approved as the first e-money firm in Iceland, marking another step in the countries distancing from BTC.
Russia denies claim it will purchase $50 billion in crypto
According to the chair of Russian government’s crypto group, Elina Sidorenko, the Russian Federation – like any other country in the world – is simply not ready to combine its traditional financial system with cryptocurrencies.
Cash is no longer king, asserts Dutch central bank
Central bank digital currencies could be a viable and positive alternative to fiat that could restore trust in the monetary system.
More central banks now considering launching digital currencies
A study by the Bank of International Settlements reveals countries around the world are seriously considering crypto.
We’re from the International Monetary Fund, and we’re here to help
The fourteenth installment in a weekly column, A Power of Facing examines the International Monetary Fund’s continual warnings about the power of cryptocurrency.