Central Banks

Ireland’s Central Bank Governor Says Digital Euro Is ‘Very Likely’

Introducing a digital euro would represent a "fundamental shift" in the eurozone's financial architecture, Governor Gabriel Makhlouf noted.

News  ·  30 July 2021

Nigeria’s Central Bank Digital Currency Pilot to Start Oct. 1

Rakiya Mohammed, the bank's information technology director, revealed the date during a private webinar on Thursday.

News  ·  23 July 2021

China’s Central Bank ‘Worried’ Stablecoins Pose Risk to Financial System

Global stablecoins "may bring risks and challenges to the international monetary system," said PBOC's Fan Yifei.

News  ·  8 July 2021

BIS Says Bitcoin Has Few Redeeming Attributes

Cryptocurrencies are "speculative assets rather than money" used in many cases to facilitate financial crime, the central bank organization said.

News  ·  23 June 2021
Central Banks

Tanzania’s President Urges Central Bank to Prepare for Crypto

The president's speech follows El Salvador's adoption of bitcoin as legal tender.

News  ·  14 June 2021
Central Banks

Argentina Is Investigating 9 Fintech Firms for Illegally Using Crypto

If the BCRA confirms its suspicions, it will initiate criminal complaints against the companies.

News  ·  11 June 2021

Bank of England Releases Discussion Paper on Stablecoins, CBDC

The paper focuses on the effects of private stablecoins on the cost and availability of lending and the challenges for monetary policy.

Policy & regulation  ·  7 June 2021

Irish Central Bank Official Says Crypto’s Popularity Is ‘Great Concern’

Derville Rowland, director general of financial conduct at the regulator, warned that investors could lose all their money.

Policy & regulation  ·  31 May 2021

Iran’s Central Bank Reportedly Bans Trading of Crypto Mined Abroad

The move is said to be an attempt to stop capital flight from Iran.

Policy & regulation  ·  7 May 2021
Central Banks

Iran Central Bank to Allow Money Changers, Banks to Pay for Imports Using Mined Crypto

The bank had previously stipulated only digital assets for import funding could be used by itself and no one else.

News  ·  27 April 2021

Crypto Won’t Be Money Until IRS Accepts It for Taxes, Top Forex Strategist Says

The greenback has something else going for it cryptocurrencies don't: the bond market, notes Marc Chandler.

Markets  ·  6 April 2021

Central Bank ‘Money Drops’ With Digital Currencies Could Fuel Inflation: Bank of America

CBDCs could facilitate central bank stimulus in the form of money drops, and lead to higher inflation, says BofA.

Markets  ·  2 April 2021

ECB Speeds €1.85T Stimulus Program as Lagarde Frets Over ‘Premature Tightening’

The overall program's size was left intact, along with the March 2022 end date, but the pace of stimulus is now set to increase.

Markets  ·  11 March 2021

Ripple Pilots Private Ledger for Central Bank Digital Currencies

The CBDC platform will be powered by the same blockchain technology as Ripple's public XRP Ledger.

Tech  ·  4 March 2021

India Grants Crypto Holders Reprieve Ahead of Likely Ban: Report

The window of opportunity for investors to cash out to fiat is expected to be between three and six months.

News  ·  12 February 2021