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Warns

India’s Central Bank RBI Warns Crypto Could Lead to Dollarization of Economy

17th May 2022 by admin

India

India’s central bank, the Reserve Bank of India (RBI), has expressed concerns that cryptocurrencies could lead to the dollarization of a part of the Indian economy. “It will seriously undermine the RBI’s capacity to determine monetary policy and regulate the monetary system of the country.” RBI’s Crypto Warnings and Dollarization of Economy The Reserve …

Filed Under: Bitcoin News Tagged With: Bank, Central, Could, Crypto, Dollarization, Economy, India’s, Lead, Warns

Coinbase Warns Some Russian Users Their Accounts May Be Blocked, Report Reveals

9th May 2022 by admin

Coinbase Warns Some Russian Users Their Accounts May Be Blocked, Report Reveals

Leading U.S. crypto exchange Coinbase has reportedly notified certain Russian customers that their accounts may be blocked at the end of this month. According to Russian media, the trading platform has offered them to withdraw their funds unless they prove they are not under sanctions. Coinbase Reportedly Asks Russian Clients to Withdraw Funds Some …

Filed Under: Bitcoin News Tagged With: ‘Some, Accounts, Blocked, Coinbase, Report, Reveals, Russian, Their, Users, Warns

US Federal Trade Commission Warns Consumers About Falling for Crypto ATM Scam

12th January 2022 by admin

US Federal Trade Commission Warns Consumers About Falling for Cryptocurrency ATM Scam

The U.S. Federal Trade Commission (FTC) has warned consumers about scams involving cryptocurrency ATMs. “There’s a new spin on scammers asking people to pay with cryptocurrency,” the FTC described. FTC’s Warning About Scams Involving Cryptocurrency ATMs The U.S. Federal Trade Commission (FTC) issued a scam alert involving cryptocurrency ATMs Monday. The consumer notice, posted …

Filed Under: Bitcoin News Tagged With: About, Commission, Consumers, Crypto, Falling, Federal, Scam, Trade, Warns

IMF Warns El Salvador Against Using Bitcoin as Legal Tender After ‘Bitcoin City’ Announcement

23rd November 2021 by admin

IMF Warns El Salvador Against Using Bitcoin as Legal Tender After ‘Bitcoin City’ AnnouncementIMF Warns El Salvador Against Using Bitcoin as Legal Tender Following

The International Monetary Fund (IMF) has warned El Salvador against using bitcoin as legal tender due to various risks associated with cryptocurrency. The warning came one day after Salvadoran President Nayib Bukele announced his plan to build a “bitcoin city” powered by a volcano and financed by bitcoin bonds. IMF Says El Salvador Shouldn’t …

Filed Under: Bitcoin News Tagged With: After, Against, Announcement, Bitcoin, City’, Legal, Salvador, Tender, Using, Warns

Rich Dad Poor Dad’s Robert Kiyosaki Warns US Sliding Into Depression After Giant Crash, Recommends Bitcoin

1st November 2021 by admin

Rich Dad Poor Dad’s Robert Kiyosaki Warns US Sliding Into Depression After Giant Crash, Recommends BitcoinRich Dad Poor Dad

Robert Kiyosaki, the best-selling author of Rich Dad Poor Dad, has warned that the U.S. is “sliding into depression.” He said that a giant crash is coming, after which “a new depression” will follow. Bitcoin is among his recommendations for smart investing. Robert Kiyosaki Sees Giant Crash Coming, Followed by a New Depression Famous …

Filed Under: Bitcoin News Tagged With: After, Bitcoin, Crash’, Dad’s, Depression, Giant, Into, Kiyosaki, Poor, Recommends, Rich, Robert, Sliding, Warns

Zimbabwean Dollar Could Collapse, Business Lobby Warns

14th October 2021 by admin

Zimbabwean Dollar Could Collapse, Business Lobby Warns

A Zimbabwean business lobby group, the Confederation of Zimbabwe Industries (CZI), has warned that the country’s currency could collapse if authorities fail to “implement policy measures that are needed to support it.” Central Bank Approach Unsettling the Market In a letter seen by Bitcoin.com News, the lobby group’s president Kurai Matsheza explained that the …

Filed Under: Bitcoin News Tagged With: Business, Collapse, Could, Dollar, Lobby, Warns, Zimbabwean

South African Central Bank Warns Citizens Against Accepting Tainted Banknotes

20th July 2021 by admin

South African Central Bank Warns Citizens Against Accepting Tainted Banknotes

A week after more than 1,400 ATMs in South Africa were attacked during a looting spree, the country’s central bank is now asking citizens to reject banknotes that are stained with traces of blue and green ink. Increasing Circulation of Stained Banknotes According to an EWN report, the South Africa Reserve Bank (SARB) has …

Filed Under: Bitcoin News Tagged With: Accepting, African, Against, Bank, Banknotes, Central, Citizens, South, Tainted, Warns

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