News
The Norwegian central bank aims to find a preferred CBDC solution through new technical tests.
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Central Bank News
A central or reserve bank is a governmental financial institution that controls the state’s currency, interest rates and money supply. A central bank is often the regulator of the commercial banking system of its country and acts as a “lender of last resort” to the banking sector when banks find themselves unable to obtain sufficient liquidity without the help of the regulator. A central bank is supposed to be maximally independent from political interference, but usually is under limited control. The main goals of a central bank are high employment, price stability and economic growth, which are achieved with macroeconomic reforms, fights against inflation, capital investments and consulting activities. The main instruments of a central bank are control over interest rates, open market regulations, capital and reserve requirements and regulating currency exchanges.
- News
Macau’s casino junket operators have already been on the rocks during the coronavirus pandemic, and some fear that they could be “faded out” following the introduction of a fully traceable digital yuan.
11276 - News
One of the contributors to the Bank of England's preliminary CBDC research tells us why a digital pound is neccessary in the United Kingdom.
8193 - News
Countries like the Bahamas and Thailand are on the leading edge of CBDC development, according to a new research report.
9009 - News
China wants to allow foreign athletes and visitors to use the county’s digital currency during the Beijing Winter Olympics in 2022.
8303 - News
The United Kingdom is the latest country to begin exploring the possibility of creating a central bank digital currency.
12204 - Opinion
Central banks are paying very close attention to stablecoins, seeking to control them — and decentralization may be the solution.
22977 - Opinion
Economies are currently experiencing the development of brand new ideas around CBDCs, stablecoins or private digital currencies.
10763 - News
"Who’s gonna use the euro in its current form? There are gonna be so many choices," said ConsenSys South Africa lead Monica Singer.
12349 - News
The Securities and Exchange Commission of Nigeria says it is working with the central bank to create a legal framework for cryptos and digital assets.
10341 - News
Turkey’s central bank is also banning payments providers from offering fiat-to-crypto onramps for cryptocurrency exchanges.
25939 - News
Privacy concerns regarding the digital euro abound as the European Central bank tests the waters for a central bank digital currency.
16113 - Experts Answer
Here’s what crypto and blockchain industry experts from China think about the digital yuan and how it has affected the blockchain space.
17320 - News
State Bank of Pakistan governor Reza Baqir says the country is “waiting to burst as far as digitization is concerned.”
7543 - News
The central bank listed four chief concerns, including the lack of legal recourse in the event of investor disputes and possible violations of foreign exchange regulations when purchasing crypto from abroad.
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