Central Bank of Argentina Mulls Allowing Banks to Offer Crypto Services
In recent developments, according to local media, the central bank is examining the possibility of issuing a new ruleset to allow banks to enter the cryptocurrency business. Local analysts say…
Stablecoin Adoption Could Stifle Central Bank Control, IMF Warns
In recent developments, stablecoins have the potential to broaden individuals’ access to financial services, but that may come at the cost of central banks, per IMF. Looking closer, market participants…
Ramp Network Secures MiCAR License From Central Bank of Ireland
In recent developments, ramp Swaps (Ireland) Limited, operator of Ramp Network, has secured Markets in Crypto-Assets Regulation authorization from the Central Bank of Ireland. A Single License for 27 Countries…
Draft Law Accuses Central Bank of Brazil of ‘Overreaching’ With Stablecoi…
In recent developments, a draft introduced in the Brazilian Congress seeks to void the recently issued stablecoin rules, arguing they represent regulatory overreach by the central bank. The proposal also…
Central Bank of Brazil Clarifies Drex CBDC Project’s Future: Digital Real S…
In recent developments, the Central Bank of Brazil said the recent pause in using blockchain for drex, its central bank digital currency project, is temporary. The bank intends to continue…
Central Bank of Brazil Postpones CBDC Strategy, Shuts Down Current Pilot Plat…
In recent developments, the Central Bank of Brazil announced it would discontinue the platform used to run drex, the Brazilian CBDC initiative, during its first two phases. Fabio Araujo, the…
