Central Bank News

The Republican senator for Wyoming has called on her colleagues to withhold support for Fed chair Jay Powell.

“CBDC would be part of an effort to address the use of crypto in financial transactions,” Central Bank of Indonesia assistant governor Juda Agung said.

The central bank has “already begun preparations” for a digital shilling, according to Bank of Tanzania Governor Florens Luoga.

Though Russia has become a global leader in the crypto market, the Bank of Russia is still skeptical about Bitcoin.

Is Ethereum the blockchain of choice for financial institutions in Southeast Asia, or will companies seek alternatives due to limitations?

Russia’s digital ruble won’t help the country avoid U.S. sanctions because the global economy is “interconnected,” an official said.

The Reserve Bank of Australia has warned local investors that the speculative frenzy on crypto could soon dry up if policymakers and regulators step in.

The Bank of Russia views CBDCs as a responsible alternative to Bitcoin and wants to take fees from CBDC transactions.

According to official data, Russia’s inflation rate reached 8.1% in October, the highest level in almost six years.

The Bank of England’s Sir Jon Cunliffe has urged British lawmakers to think “very hard” about the disruption integrating cryptocurrency with traditional finance could wreak.

More African countries are considering adopting Bitcoin as the local crypto market surges over 1,200% in one year.

Some 450,000 JD.com customers have used China’s digital yuan for payments as of June.

Personal accounts with large multi-day inflow and outflow are being tracked at the behest of the country’s central bank.

Minister Monica Mutsvangwa clarified that Zimbabwe is not considering the adoption of cryptocurrencies or Bitcoin.

Russian lawmakers will reportedly begin working on the legal adjustments needed to implement the digital ruble plan scheduled for early 2022.