Sentences with phrase «while central bank officials»

Finance Minister Anton Siluanov has called for regulating digital money as securities, while central bank officials vowed to work with prosecutors to block websites that allow retail investors access to bitcoin exchanges.

Not exact matches

While New Zealand's official cash rate is already at a record - low 2 % after the latest cut in August, it is still the highest in the developed world — a major draw for yield - hungry investors and a complication for the central bank as a higher kiwi further dampens imported - led inflation.

While the central bank has not formally commented on the scheme, an official with the institution suggested that the issuance of state - backed digital currency could be a boon to anti-money laundering efforts.

While the government's policies have remained opaque, officials with the Russian Central Bank have talked about blocking the access of people inside the country to virtual currency websites, and Mr. Putin has pointed out the many potential illegal uses of the technology.

The European Central Bank has increased official rates by 175 basis points to 4.25 per cent, while Denmark's central bank has increased rates by 185 basis points to 4.7 peCentral Bank has increased official rates by 175 basis points to 4.25 per cent, while Denmark's central bank has increased rates by 185 basis points to 4.7 per cBank has increased official rates by 175 basis points to 4.25 per cent, while Denmark's central bank has increased rates by 185 basis points to 4.7 pecentral bank has increased rates by 185 basis points to 4.7 per cbank has increased rates by 185 basis points to 4.7 per cent.

In the euro area the economic recovery continues to lag other regions, while some European Central Bank (ECB) officials have begun to express concern about the impact of the appreciating euro.

He pointed out that it made no economic sense for the Federal Government to be calculating the country's revenue on the basis of the Central Bank of Nigeria (CBN) official rate of N199 to a dollar while States and Local Councils that are sharing the revenue with the Federal Government run their businesses at the open market rate of over N400 to one dollar.

While the World Bank and other the development leaders have long recognized this imperative, U.N. climate officials have been slow to work more directly with the development community to integrate these ideas into their strategies, for apparent fear of distracting from the central goal of emissions reductions.

Although Chinese officials have been putting up a tough face while dealing with ICO activities, rumours says the Central Bank of China is slowly bracing itself to launch it's own state - backed cryptocurrency.

While Nigerian banks are prohibited from handling virtual currencies, the central bank is working on a white paper which will draft its official stance on use of cryptocurrencies as a payment method.

While largely written in broad strokes, the paper reiterates a position expressed in the past by ECB officials - namely, that the central bank isn't likely to tap distributed ledgers in the near future.

The central bank official also admitted fielding a number of public complaints about banks making it difficult to move fiat money from their accounts to purchase cryptocurrencies while adding it would be «difficult» to issue regulations for cryptocurrencies.