Category: Central Bank
Tinkoff, a big player in Russia’s online banking sector, is struggling with the country’s staunch rules in their goal of offering crypto to their customers.
The post Russia’s Largest Online Bank Runs Into Problems Offering Crypto appeared first on BeInCrypto.
Russia’s central bank governor, Elvira Nabiullina, believes that digital currencies will be the future of financial systems as the country’s economy moves more online.
The post Russia’s Central Bank Governor: CBDC Is Future for Country’s Financial System appeared first on BeInCrypto.
Former Bank of England advisor Huw van Steenis has stated that central banks are not running scared of cryptocurrencies. He believes retaining control of money forms the crux of their move towards central bank digital currencies (CBDCs).
The post UBS Advisor Van Steenis says Central Banks Are Not Threatened by Crypto appeared first on BeInCrypto.
As cryptocurrencies have gained popularity and traction, some fear their decentralized, unregulated nature could have catastrophic consequences for the global financial system. This has led to calls for central banks to issue their own digital currencies (CBDCs).
The post The Rise of CBDC — What These Digital Currencies Could Look Like appeared first on BeInCrypto.
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