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
One Dutch Bitcoin exchange has taken legal action against the central bank over its controversial crypto wallet verification law.
Dutch Bitcoin exchange drags central bank to court over wallet KYC rule
Osato Avan-Nomayo
2021-01-27T11:15:07+00:00
7712
News
The Bangko Sentral ng Pilipinas has expanded its regulatory remit of the crypto space to include all cryptocurrency financial service providers.
Philippines' central bank to license crypto trading and custody firms
Osato Avan-Nomayo
2021-01-26T09:57:43+00:00
6601
News
Bahrain-based crypto exchange CoinMENA acquired a major license ahead of its launch in several countries including the UAE and Saudi Arabia.
Bahrain central bank licenses Sharia-compliant crypto exchange
Helen Partz
2021-01-25T10:11:03+00:00
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Newsletter
Retail users may have to wait in much of the world, however.
Law Decoded: Bank payments going global with stablecoins and CBDCs, Jan. 15–22
Kollen Post
2021-01-22T19:23:44+00:00
7943
News
The Bank of International Settlements has outlined plans to embark on a variety of CBDC trials worldwide this year.
The ‘central bank of central banks’ is building a CBDC settlement platform
Samuel Haig
2021-01-22T09:00:00+00:00
15253
News
Sweden’s central bank deputy governor recently updated the public on the country’s CBDC exploration.
Sweden is working with DLT for its CBDC proof-of-concept
Benjamin Pirus
2021-01-20T22:18:40+00:00
13175
News
The asset recently received the blessing of the Japanese Virtual Currency Exchange Association.
Enjin Coin surges 71% after becoming first regulatory approved gaming token in Japan
Greg Thomson
2021-01-19T21:00:00+00:00
16305
News
The Bank of France processed $2.4 million worth of fund units using a CBDC in December as part of ongoing experiments into blockchain and stablecoin technology....
Bank of France settles $2.4M fund in central bank digital currency pilot
Greg Thomson
2021-01-19T11:37:23+00:00
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