Browse By

Tag Archives: central bank

Russia's central bank wants to ban the use of cryptocurrencies

Russia’s central bank wants to ban the use of cryptocurrencies

Russia’s central bank has put forward a proposal to ban the use and mining of cryptocurrencies, according to Reuters. The proposal indicates that cryptocurrencies pose a risk to financial stability and the well-being of citizens, as well as a threat to Russia’s sovereignty with regard

Digital currencies may reduce dollar reliance, Fed study says

Digital currencies may reduce dollar reliance, Fed study says

The Federal Reserve (Fed), published on Wednesday (06) an article on the international role of the US dollar and its future challenges. For the agency’s analysts, in a longer horizon, payment solutions such as digital currencies have the potential to reduce the use of the