Qatar Brings in Crypto Rules Framework in a Sign of Web 3 Development in the Middle East
The framework includes recognition of smart contracts, licensing for crypto companies, property rights in tokens and custody arrangements among other issues.
Central Bank
Russia Legalizes Crypto Mining and Brings an Experimental Regime
Russia’s lower house of the Federal Assembly, known as the State Duma, has passed two crypto-related laws on Tuesday, a Russia based policy expert told CoinDesk and Ria Novosti, Russia’s state-owned domestic news agency reported.
Are central banks driving gold prices up despite ETF outflows?
At the beginning of April 2024, the gold market witnessed a significant uptick in prices, continuing a trend that underscores … Continue reading
The post Are central banks driving gold prices up despite ETF outflows? appeared first on Finbold.
Hong Kong’s Central Bank Announces New Wholesale CBDC Project to Support Tokenization Market
Project Ensemble will “seek to explore innovative financial market infrastructure (FMI) that will facilitate seamless interbank settlement of tokenised money,” HKMA said.
The European Central Bank Is Either Lying About Bitcoin or Lying to Itself
ECB Director General Ulrich Bindseil and advisor Jürgen Schaaf are definitely against bitcoin, but their reasons don’t make a lot of sense.
The Big Misunderstanding: What MiCA Really Means for Stablecoins in Europe
The EU’s comprehensive crypto guidance does not introduce entirely new regulations for fiat backed stablecoins, former central banker Jón Egilsson writes. Instead it affirms existing rules that many current issuers are not yet following.
SEC Case Had ‘Almost No Impact’ on Ripple’s Talks With Central Banks, Says Exec
James Wallis said the decision that Ripple’s sale of XRP did not constitute investment contracts was a major victory, not just for Ripple but also for the industry.
Wholesale CBDC Would Improve Cross-Border Payments, French Central Bank Tests Show
The French Central Bank has determined that its wholesale central bank digital currency (wCBDC) would improve cross-border payments, it announced on Friday.
Brazilian Central Bank Adds Crypto Exchange Mercado Bitcoin in CBDC Pilot Including Mastercard
The approved consortium includes Mastercard, broker Genial, registrar Cerc and financial software fintech Sinqia as partners.
The Need for Clarity in Washington – Not Just on Crypto
The recent ambiguous messaging from the Federal Open Market Committee’s meeting, which left markets struggling to interpret signals from the FOMC statement and Chair Jerome Powell’s comments, is typical of the abstruse signals that can be found in central bank policy-setting. But new tools, such as blockchain’s cryptographic verification systems, could guide policymakers’ decisions.