The Bank for International Settlements (BIS) has announced plans to explore cross-border settlement and trading involving the central bank’s digital currencies (CBDC) powered by decentralized finance ...
Tag: central
Central Bank Gold Buys This Year Reach an All-Time Quarterly High in Q3, 400 Tons Purchased Is the ‘Most on Record’ – Economics Bitcoin News
According to the World Gold Council’s (WGC) latest quarterly report, worldwide gold demand, excluding over-the-counter (OTC) markets, was 28% higher year-over-year. While demand jumped higher than las...
Nigeria’s Central Bank Doubles Down on Plans to Introduce Naira Banknotes
CBN urges Nigerians to support the currency redesign project Nigerians are expected to return the old notes by the end of January 2023 Just a few days after being publicly questioned by Nigerian Fina...
Chinese central bank exec says digital yuan will offer ‘controllable anonymity’
Chinese central bank governor Yi Gang, in a recent speech at Hong Kong Fintech Week, talked about the progress of their national digital currency called the digital yuan. He outlined the progress and ...
Privacy Protection Foremost Issue for Digital Yuan: Governor Central Bank of China
e-CNY needs to maintain “anonymity and full disclosure are not as simple as black and white.”- Yi Gang. Privacy breaching is becoming a common factor in the crypto industry although earlier crypto a...
Qué es y cómo funciona una moneda digital emitida por un banco central
A esto se lo conoce como blockchain con permisos, porque solo una cierta cantidad de entidades específicas pueden acceder y/o modificar la blockchain. Además, las entidades centrales controlan quién p...
Indian Central Bank RBI Begins First Digital Rupee Pilot Today – Regulation Bitcoin News
India’s central bank, the Reserve Bank of India (RBI), is launching its first digital rupee pilot on Nov. 1. with the participation of nine banks. “Settlement in central bank money would reduce transa...
Privacy Protection a Top Issue for Digital Yuan: China’s Central Bank Governor
He explained that is accomplished via the fact that “transaction-related data is encrypted for storage,” “entities and individuals are prohibited from arbitrary inquiry or informatio...
Nigeria’s Central Bank Doubles Down on Plans to Introduce Newly Designed Naira Banknotes – Economics Bitcoin News
The Nigerian central bank was, on Oct. 29, forced to defend its controversial currency redesign plans, just a few days after they were publicly questioned by Nigerian Finance Minister Zainab Ahmad. Th...
India’s central bank starts digital rupee pilot
The Reserve Bank of India (RBI) will debut a pilot for its central bank digital currency (CBDC) targeting the wholesale segment, the bank announced on Monday. India is one of the countries with the hi...
Stocks Decline Before Earnings, Central Bank Moves: Markets Wrap
(Bloomberg) — European stocks erased early gains and US equity futures slipped at the start of another busy week of earnings and key central bank decisions. Most Read from Bloomberg Commodity sh...
Thailand Central Bank to Launch CBDC Pilot, But Still Not Keen on Crypto
The central bank of Thailand has announced that it is planning more time to research and develop its central bank digital currency (CBDC). On Oct. 29, local media reported that the Bank of Thailand (B...
Nigerian Central Bank Says It Will Release New Banknotes in December — Naira Falls to New Low – Featured Bitcoin News
Starting December 15, Nigerians will be using newly-designed 100, 200, 500 and 1,000-naira banknotes, the governor of the Central Bank of Nigeria (CBN) has said. The announcement has since resulted in...
Kazakhstan to build central bank digital currency on BNB Chain
In an announcement on Twitter, Changpeng Zhao, the founder and CEO of Binance, said the network will be a major component of Kazakhstan’s latest Web3 endeavor. The Binance founder tweeted that the Nat...
Nigerian central bank struggles to push the adoption of its CBDC
Join Our Telegram channel to stay up to date on breaking news coverage Only a few years ago, China came out with the announcement that it is working on creating its own CBDC, a central bank digital cu...
Investors Battle the Central Bank Storm of Boom and Bust – Trustnodes
The worst year for investors keeps getting worse for some, with a Facebook crash of 22% in their stock price bringing it now down 60% compared to one year ago. Silicon Valley may be facing its first r...
UAE’s Central Bank Completes Wholesale CBDC Pilot Program
The Central Bank of the United Arab Emirates (CBUAE) said on Wednesday that it has completed the first and the largest wholesale pilot of central bank digital currencies (CBDC) transactions. CBUAE sai...
Fed Governor Waller Skeptical of Central Bank Digital Currencies — Says He’s ‘Not a Big Fan’ of the Fed Issuing Digital Dollar – Regulation Bitcoin News
Federal Reserve Governor Christopher Waller says he is not a big fan of the Fed issuing a central bank digital currency (CBDC). “It’s just a checking account at the Fed,” said the governor. Federal Re...
Turkey Central Bank plans to launch a CBDC in 2023 after a year of research and testing
After the year of research and testing the final decision has been made by the central bank of republic of turkey (CBRT) TO LAUNCH CBDC next year The official report also state that “ The Digital Turk...
Singapore Central Bank Seeks Feedback on Crypto Leverage Ban
One proposal seeks to stop retail investors from buying crypto with credit cards and trading with leverage Stablecoin issuers would also be required to enhance anti-money laundering and terror financi...
The Central Bank of the Republic of Turkey Plans to Launch CBDC in 2023
Turkey’s Presidential Strategy and Budget Office reportedly have submitted the President’s annual plan for 2023, which included discussions on a central bank digital currency (CBDC). The Turkish gover...
Singapore central bank says data on crypto holdings by general public not available
The Monetary Authority of Singapore (MAS) claimed that because these transactions involve both Singapore-based and foreign service providers, it is impossible to estimate the percentage of cryptocurre...
US Central Bank Loses Billions From Rate Hikes, ‘Losses Pile up Into an IOU’ – Economics Bitcoin News
While the U.S. Federal Reserve ramped up the benchmark bank rate with a barrage of rate hikes, U.S. Treasury markets and global bond markets, in general, have seen one of the worst selloffs in over a ...
Central Agency for Information Technology (CAIT) Supports the Kuwait Digital Transformation Conference on Driving the Nation towards Digitization in Line with Kuwait’s Vision 2035
Place/Date: Kuwait – October 24th, 2022 at 5:01 pm UTC · 5 min read Contact: Verna, Source: GM Events Photo: GM Events Under the sponsorship of the Central Agency for Information Technology (CAI...
Robert Kiyosaki warns central banks can’t fix inflation and that ‘fake’ money is forcing state pensions to pivot — here are 3 real assets he likes now
Bank of England recently bought £19.3 billion of U.K. government bonds to prevent a collapse in the country’s pension industry. In the eyes of Rich Dad, Poor Dad author Robert Kiyosaki, that’s a sign ...
European Central Bank Becomes More Hawkish, Will Crypto Crash
The crypto market is displaying bearish sentiments due to unfavorable market conditions. However, it does not appear that the macroeconomic outlook will get better anytime soon. The US Federal Reserve...
Eswatini Central Bank Partners With German Firm to Explore CBDC – Bitcoin News
Eswatini recently became the latest African country to jump on the central bank digital currency (CBDC) bandwagon after its central bank selected Giesecke Devrient, a Germany-based technology firm, as...
Aptos Trading Goes Live On Central Exchanges, Is It The Next Shitcoin, Or Will It Be The Solana Killer?
– Advertisement – After a rocky launch, Aptos trading goes live, and the token is already seeing double-digit losses. As reported by The Crypto Basic yesterday, several leading crypto exch...
Zimbabwe Tech Institute Developing Central Bank Digital Currency
Altcoin News The RBZ’s most recent announcement on the CBDC is similar to its prior updates. CBDC may assist the central bank cut down on the price of printing currency. According to HIT vice chancell...
Federal Reserve Governor Expresses Skepticism About the Utility of a US Central Bank Digital Currency (CBDC)
One Federal Reserve governor isn’t convinced it is worth it for the US to develop a central bank digital currency (CBDC). Christopher J. Waller, one of the seven members of the Fed’s Board of Governor...