Central Banks

CoinFlash

Private Sector Could Bring Value to Future CBDC Launches, Says IMF Official

A director at the IMF has spoken of the value the private sector could bring to central bank digital currencies, should they be adopted by nations.

Policy & regulation  ·  27 July 2020
CoinFlash

Central Bank Board Member Says CBDCs Raise More Questions Than Answers

The Czech National Bank's Tomas Holub said in an interview that central bank digital currencies raise more questions than answers right now.

News  ·  24 July 2020
CoinFlash

Bank of Japan Forms New Team to Explore Central Bank Digital Currency

The Bank of Japan is warming to digital currencies and now has a team dedicated to researching a possible digital yen.

Policy & regulation  ·  20 July 2020
CBDCs

Bank of England Considering a Central Bank Digital Currency, Governor Says

The U.K.'s central bank is discussing the possibility of launching a digital currency, perhaps in several years.

News  ·  14 July 2020
Banking

Sri Lanka’s Blockchain Bank KYC Platform to Enter Development ‘Shortly’: Central Bank

The Central Bank of Sri Lanka is about to decide which firm will develop a blockchain platform that could speed the processing of bank users' ID information.

Policy & regulation  ·  2 July 2020
Central Banks

Zimbabwe Halts Mobile Transactions as Hyperinflation Spurs Currency Flight

Zimbabwe's central bank, seeking to block attempts to avoid the country’s hyperinflation, halted all transactions conducted by "mobile money agents" this week.

News  ·  30 June 2020
Central Banks

World’s Oldest Central Bank Reviews Possible Digital Currency With Mixed Results

Sweden's Riksbank has looked into the viability of central bank digital currencies for its local market.

Policy & regulation  ·  24 June 2020
Digital Currency

Canada’s Central Bank Is Serious About Designing a CBDC, Job Posting Reveals

The Bank of Canada is preparing to design its own central bank digital currency (CDBC), detailing its plans in a new job posting.

Policy & regulation  ·  16 June 2020
CBDCs

S. Korea’s Central Bank Forms Legal Panel to Advise on Possible Digital Currency Launch

The Bank of Korea has set up a legal panel to advise on possible regulatory sticking points for a future CBDC issuance.

Policy & regulation  ·  15 June 2020
Central Banks

Custody Provider Copper Joins Think Tank to Bridge Gap Between Traditional Finance and Crypto

Crypto custodian Copper is joining the Official Monetary and Financial Institution Forum's new think tank to discuss how central banks are evaluating digital currencies.

News  ·  11 June 2020
Central Banks

Saudi Monetary Authority Pumped Some of $13B Bank Infusion Using Blockchain

The central bank claims to have distributed 'part' of a recent $13 billion bank "liquidity enhancement" using blockchain tech.

Policy & regulation  ·  9 June 2020
Russia

Bank of Russia Wants to Put Mortgage Issuance on a Blockchain

Russia's is eyeing use cases for blockchain even as proposed legislation will clamp down on crypto.

Policy & regulation  ·  28 May 2020
Regulation

India’s Central Bank Removes Lingering Confusion Over Banking for Crypto Firms

India's commercial banks can indeed provide banking services to traders and firms dealing in cryptocurrencies, the RBI has clarified.

News  ·  26 May 2020
Newsletters

First Mover: Bitcoin Could Get a Boost From Central Bank Digital Currencies

CBDCs might seem to be anathema to the mission statement of bitcoin, but they may prove to be a valuable on-ramp for new investors.

Markets  ·  26 May 2020
CBDCs

Central Banks Mull Creating a CBDC, but Not on a Blockchain: Survey

Forty-six central banks would consider a broader form of distributed ledger technology for a CBDC but aren't crazy about putting it on a blockchain.

News  ·  15 May 2020