#Central Bank

Highlights: Russia plans stricter oversight of large cross-border crypto payments through automatic reporting to Rosfinmonitoring from September. New rules lower the crypto transfer reporting threshold to 60,000 rubles and require more user information. Banks face a 1% crypto exposure cap […]

Highlights: Russia’s State Duma passed the first reading of a bill to tighten crypto oversight. The proposal gives Russia’s central bank broader control over licensed crypto trading platforms. Crypto stays banned for local payments, but may be used in foreign […]

Highlights: Bank of Korea wants crypto exchanges to use circuit breakers after Bithumb’s major payout mistake. The central bank said weak controls and slow detection made the Bithumb incident much worse. The report also reviewed stablecoin risks, price swings, and […]

Highlights: Kazakhstan wants to expand its crypto reserves with confiscated digital assets. The reserve project will be under the control of Kazakhstan’s  National Investment Corporation (NIC). Kazakhstan has already mapped out $350 million from its gold and foreign currency reserves […]

Highlights: South Africa will not be rolling out its CBDC anytime soon The SARB prefers to prioritize familiar payment options.  Despite ruling out an immediate CBDC launch, the Central Bank said it remains a long-term possibility. South Africa’s Central Bank, […]

Highlights: Ghana aims to have crypto regulation by December 25. There are more than 3 million Ghanaians actively using cryptocurrencies. In one year, cryptocurrency transactions in Ghana almost reached $3 billion. The central bank of Ghana has accelerated the process […]

Highlights: Deutsche Bank analysts believe Bitcoin is following a long-term path similar to gold. As adoption grows and institutions integrate it, Bitcoin’s volatility continues to steadily decline. This trend suggests Bitcoin could coexist with gold on central bank balance sheets. […]