Crypto News in 60 Seconds
October 8, 2022
The Reserve Bank of India presents the CBDC model. The Reserve Bank of India (RBI) is finalizing plans to launch a pilot phase of issuing its central bank’s digital currency, the ‘Digital Rupee’. The Reserve Bank of India released a concept paper on 7 October outlining its drivers, design options and technical considerations for the […]
September 28, 2022
Just days after the naira hit a new low, the Nigerian Central Bank increased the key interest rate. After the recent monetary policy meeting, the Central Bank of Nigeria announced that it has raised the monetary policy rate to 15.5%. The central bank hopes to narrow the negative real interest rate gap and curb inflation […]
August 26, 2022
Zimbabwe Central Bank: Sales of gold coins will start in late July. The population of Zimbabwe will be allowed to purchase and own one troy ounce gold coins as of July 25. The coins may be sold and used as “security for loans and credit facilities,” according to the central bank, in addition to serving […]
August 23, 2022
Amid a Serious Economic and Political Crisis, Sri Lanka’s Central Bank Issues a Warning Regarding Crypto. Sri Lanka’s central bank has warned against the use of digital currencies amid a devastating economic and political crisis. The central bank emphasized that it does not grant licenses or permits to any companies or organizations to implement projects […]
August 1, 2022
Cardano staking announced by institutional bank Sygnum sparks disagreements in the community on institutional adoption. Sygnum Bank, located in Zurich, stated that Cardano (ADA) staking has been added to its product offerings. Through its “institutional-grade banking platform to earn staking incentives,” the company stated its customers may now safely stake ADA. The decision, nevertheless, has […]
July 3, 2022
Kuwait-Based Islamic Bank Enters the Metaverse Kuwaiti Islamic bank Warba Bank has recently become the newest company in the Middle East and North Africa (MENA) to enter the meta-universe. The bank currently occupies two platforms in the Metaverse, one in Decentraland and the other in Sandbox. In what has been described as the first Islamic […]
May 3, 2022
Argentina’s hugest two banks to enable crypto trading Argentina’s hugest bank has enveloped crypto and will enable its consumers to start buying 4 crypto assets comprising BTC through their accounts at the bank. Argentina’s hugest and 2nd biggest private banks, Banco Galicia and Brubank have declared that they will allow consumers to make crypto purchases. […]
