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Central banks should still be able to conduct monetary policy effectively and perhaps be even nimbler in a more decentralized ...
In Latvia, the central bank has proactively started to offer pre-licensing consultations to local crypto asset service providers (CASPs) aiming to obtain a MiCA-compliant license. Starting in ...
In response to the phased implementation of the European Union (EU) Markets in Crypto-Assets Regulation (MiCA), the Central Bank of Latvia introduced a pre-licensing consultation service for local ...
The Bank of Russia has revoked the license for banking operations from Ufa Promtransbank. In terms of assets, the credit institution ranked 177th in the Russian banking system ... on the size of its ...
WASHINGTON, Sept 8 (Reuters) - The Federal Reserve's top regulatory official said on Friday the central bank is "a long way ... an operator in the payments system, the Federal Reserve must ...
a Lithuania-based bank supervised by the European Central Bank and the Bank of Lithuania. The NBU argues that while this license allows Revolut to operate in EU countries, the fintech company has ...
Naturally, Prasad talked about central bank digital currencies (CBDCs ... The central banker that favors private solutions to payments system problems over CBDCs is even rarer.
DNB did not specify what it would do if KuCoin continued to operate without a license. Customers of KuCoin and MGL are not in violation of the law, the central bank noted. A KuCoin spokesperson ...
The company did complied with the licensing terms and conditions ... of the country’s insurance sector and financial system. The Central Bank did not disclose further details regarding the ...
Related: UAE central bank approves licensing system for stablecoins The central bank’s licensing framework also bars algorithmic stablecoins and privacy tokens, favoring fully cash-backed assets.
The Central Bank of Nigeria said Monday it has revoked Heritage Bank’s license “with immediate effect,” following breaches of banking legislation. The management “have not been able to ...