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.

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.
How the digital yuan stablecoin impacts crypto in China: Experts answer
Max Yakubowski
2021-04-10T12:24:00+01:00
15744
News
State Bank of Pakistan governor Reza Baqir says the country is “waiting to burst as far as digitization is concerned.”
Pakistan’s central bank is ‘carefully studying’ CBDCs, says governor
Marie Huillet
2021-04-09T13:46:53+01:00
7417
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 ...
Sri Lanka’s central bank warns public against risks of crypto investment
Marie Huillet
2021-04-09T10:26:14+01:00
5696
News
The Sveriges Riksbank said that CBDC technology still requires further investigation.
Sweden’s central bank completes first phase of digital currency pilot
Helen Partz
2021-04-07T10:11:13+01:00
10698
News
The first phase of Japan’s CBDC pilots will have been completed by March 2022, the central bank states.
Bank of Japan begins first digital currency proof of concept
Helen Partz
2021-04-05T08:35:12+01:00
12744
News
The ECCB has launched a regional central bank digital currency in partnership with Caribbean fintech outfit Bitt.
Eastern Caribbean Central Bank's DCash digital currency goes live
Osato Avan-Nomayo
2021-04-01T13:52:06+01:00
8768
News
The digital yuan continues to develop apace.
Hong Kong and China test cross-border digital yuan, says PBoC official
Helen Partz
2021-04-01T12:32:12+01:00
8579
News
The ECB will decide whether to proceed with digital euro pilots by mid-2021, Lagarde said.
Digital euro could take four years, says ECB president Christine Lagarde
Helen Partz
2021-03-31T12:05:39+01:00
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