IMF Acknowledges Ineffectiveness of Banning Cryptocurrencies, Encourages CBDC Adoption
The International Monetary Fund (IMF) has recognized that banning cryptocurrencies may not be an effective long-term strategy. Instead, the focus ...
Tag: Crypto ban
Banks’ Crypto Limits Yield Costly ‘Side Effects’, Blockchain Australia Warns
Crypto trade body Blockchain Australia, a prominent organization in the Oceanic country, has expressed concerns regarding the potential ramifications of ...
Crypto Crackdown In Bali: Gov’t Targets Foreign Tourists’ Use Of Digital Currency
Crypto enthusiasts visiting the picturesque island of Bali in Indonesia may need to reconsider their preferred payment method. Bali's government ...
On Crypto & Drugs: Why This Ex-Belgian Finance Minister Wants Crypto Banned Like Drugs
Crypto should be banned in the same way that governments ban drugs, Johan Van Overtveldt, a member of the European ...
Crypto Bank Silvergate Shares Crash Amid Investor Walkout, JPMorgan Downgrade
Silvergate shares experienced a significant decline of nearly 60% on Thursday due to both business partners and investors leaving abruptly ...
White House Pushes For Net-Zero Carbon Emission In Latest Crypto Report
Recently, the White House released a report that details how crypto mining and other technologies contribute directly to pollution, greenhouse ...
Russia Still To Ban Crypto? A Bill To Ban Digital Assets Has Passed First Reading
The State Duma, Russia's lower house of parliament, has submitted legislation making it illegal to pay with cryptocurrency. The bill's ...
Argentina To Shut Down Crypto Activities To Attain $45 Billion Loan, Says IMF
The South American country Argentina’s central bank released a statement on Thursday saying that the country's financial sector is not ...
