China’s central bank is paying closer attention to stablecoins as privately issued digital currencies take on a potentially larger role in the international monetary system and cross-border payments. Wang Xin, director general of the …
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- NFT & Metaverse
South Korea Central Bank Warns Stablecoins Could Complicate FX Controls
by adminby adminSouth Korea’s central bank chief warned that Korean won-denominated stablecoins could complicate capital flow management, adding a note of caution to an ongoing debate among lawmakers over whether and how domestic stablecoins should be …
- DeFi Market
Bitcoin mining ‘may be strengthening the ruble,’ says Russian central bank – DL News
by adminby adminMining ‘leading to strong ruble exchange rate,’ says governor. Bank’s bullish statement comes after years of anti-crypto rhetoric. Central bank reportedly ready to let certain citizens trade crypto via banking apps. The rapid rise …
