Belgium Central Bank Remains Positive About Bitcoin, Unofficially

The Belgium Central Bank - aptly named the National Bank of Belgium - reportedly has no plans to regulate bitcoin in the foreseeable future. That's according to the Belgian Bitcoin Association (BBA_, who met with the central bank informally last Monday. In a statement produced by the Association and published by CoinDesk, the BBA said "There are currently no plans for new regulations in Belgium that would allow the [National Bank of Belgium] to take a more intervening stance - though future regulations to that effect cannot be excluded". It should be noted that due to the informal nature....

Financial regulators in Belgium have issued a warning against bitcoin on Thursday, noting that the digital currency is something the general public should be wary of. The statement was issues jointly between the National Bank of Belgium and the Belgian Financial Services and Markets Authority, and warns of essentially the same things most other countries who have issued statements warn about. That, of course, includes price volatility, the fact bitcoin is not backed by the government, the risk of financial crime and fraud, and the possibility of having your digital currency stolen and not....

Welcome to the CoinDesk Weekly Review 13th September 2013 - a regular look at the hottest, most controversial and thought-provoking events in the world of digital currency through the eyes of skepticism and wonder. Your host ... John Law. High hopes from a low country. Like a fledgling revolutionary state, bitcoin is desperate for international recognition. And, as with many such states, the rest of the world is carefully chewing over the implications of any such acknowledgement. So the latest lukewarm-to-positive statement from Belgium's finance minister that BTC looks mostly harmless has....

The Reserve Bank of Australia (RBA) has indicated that it is not in favor of regulating bitcoin and other digital currencies, stating that "it is currently unlikely that any benefits of regulation would outweigh the potential costs". The statements, issued on 7th April, are the latest from Australia's central bank, which went so far as to propose that coordinated cross-border regulation is necessary given bitcoin's potential to disrupt the global remittance industry. The RBA suggested it could seek cooperation from the Bank for International Settlements, an international organisation of....

The Reserve Bank of Zimbabwe remains opposed to cryptocurrencies but is interested in developing its own digital currency, its governor has said. Central Bank Does Not Believe in Cryptos The governor of the Reserve Bank of Zimbabwe (RBZ), John Mangudya, has said his institution is interested in creating a central bank digital currency (CBDC). The central bank, however, does not believe in cryptocurrencies, he added. According to a Bloomberg report, Mangudya made these remarks during an interview with Trevor Ncube, a veteran Zimbabwean journalist. In remarks that....