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Banco Central do Brasil releases general guideline for a Brazilian CBDC

To promote innovation in payment services, demanded by the accelerated digital transformation underway in the global economy, the discussion about the issuance...

IAMAI Board to Oversee Self-Regulatory Code by Crypto Exchanges

The IAMAI-Blockchain and Crypto Assets Council is setting up a board to oversee the implementation of self-regulatory code of conducts for crypto exchanges.

Naver trained a ‘GPT-3-like’ Korean language model

Transform 2021 Elevate your enterprise data technology and strategy. July 12-16 Register Today Elevate your enterprise data...

Reserve Bank of India (RBI) Says Crypto Businesses OK for Indian Banks

India

A new official notice published by the Reserve Bank of India (RBI) has positively impacted crypto enthusiasts in India as the central bank pointed out that a previous circular preventing banks from making business with crypto industries is no longer valid. The notice was addressed to all commercials and cooperative banks, payment banks, small finance [...]

The post Reserve Bank of India (RBI) Says Crypto Businesses OK for Indian Banks appeared first on Blockonomi.

The Reserve Bank of India Confirms Cryptocurrencies Are Not Illegal

Reserve Bank of India has confirmed, cryptocurrencies are not illegal. They demonstrated that customer's Crypto account cannot be shut down by banks.

Relief For Crypto Community As India’s Central Bank Sets The Record Straight On Cryptocurrency Ban

Coinbase’s plan to establish an outpost in India may clash with anti-crypto laws
In April 2018, the Reserve Bank of India (RBI) asked local banks to stop providing services to cryptocurrency exchanges and related businesses, subsequently halting fiat-to-crypto trading in the country. Since then, many Indian exchanges have been struggling to keep up their payment channels as the banks sever ties with them despite the Supreme Court ruling […]

RBI: Banks Can’t Cite 2018 Circular to Deny Services to Customers Dealing With Crypto

The Reserve Bank of India has issued a notification to banks on how to relate with their customers who deal with cryptocurrencies....

Former PBOC Official Says Digital Yuan Not Developed to Monitor Transactions

Hardware wallet for Digital Yuan Launched in Xiongan
Hardware wallet for Digital Yuan Launched in XionganA former official of the People’s Bank of China (PBOC) argued that contrary to opinions about China’s central bank digital currency (CBDC), the digital yuan was not developed for monitoring purposes.  Digital Yuan Not For Tracking Citizens’ Payments  According to Bloomberg on May 30, Yao Qian, the former director of the PBOC’s Digital Currency Institute
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India: RBI Instructs Banks to Provide Uninterrupted Crypto Trading Services to Customers

Bitcoin Trading Exploding in India Since Supreme Court's RBI Ban Reversal
Bitcoin Trading Exploding in India Since Supreme Court's RBI Ban ReversalIndia’s central bank clears ambiguity over crypto regulations in the country. Banks Can’t Advise Against Trading in Crypto In a tweet posted today, the Reserve Bank of India (RBI) cleared clouds of confusion regarding the regulatory nature of cryptocurrencies in India. Customer Due Diligence for transactions in Virtual Currencies (VC)https://t.co/iAUAx8KpRh — ReserveBankOfIndia (@RBI) May 31,
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India’s central bank gives clarity to banks dealing with crypto customers

The Reserve Bank of India has clarified that banks can't caution their customers against dealing in crypto, citing an old 2018 circular.

The post India’s central bank gives clarity to banks dealing with crypto customers appeared first on The Block.

Indian Central Bank Issues Statement As Local Banks Caution Against Cryptos

The RBI said its circular "DBR.No.BP.BC.104/08.13.102/2017-18" dated April 06, 2018 cannot be cited.

Reserve Bank of India slams banks after they stop services for crypto users

The Reserve Bank of India, the country’s central bank, released a new directive today after local banks ceased crypto services for users citing a directive from 2018, an official filing shows.

The post Reserve Bank of India slams banks after they stop services for crypto users appeared first on CryptoSlate.

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