Tag: Central Bank

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Limitations on Purchasing Dollar and Euro Cash are Relaxed by the Russian Central Bank

Some restrictions on Russian banks selling dollars and euros to the general public have been loosened by the Central Bank of Russia. Since currency...

Industry claims that Ukraine’s new fiat restrictions will increase the popularity of cryptocurrencies.

The fixed rate of the national currency in U.S. dollars has been modified by the central bank of Ukraine, and stricter restrictions on hryvnia...

Bank of Russia is prepared to legalize cryptocurrency mining if miners export coin production

The legalization of cryptocurrency mining would be supported by the Central Bank of Russia, provided that the earnings from the activity are converted to...

Andrew Bailey of the Bank of England warns that bitcoin has no intrinsic value and is not a practical means of payment.

The governor of the Bank of England, the British central bank, claims that bitcoin has no intrinsic value and that it is unsuitable for...

In sanctioned Russia, the idea of using the digital ruble as a reserve currency has circulated.

The State Duma, Russia's lower house of parliament, has proposed making the digital ruble a reserve currency. Meanwhile, fears have been expressed in the...

TokoBitcoin, BitBayar Shut Down Operations After Bank of Indonesia’s Bitcoin Ban

Indonesia-based Bitcoin payment platforms TokoBitcoin and BitBayar have reportedly shut down their operations following the announcement by the country’s central bank, Bank of Indonesia, that it will not...