Central Bank News

A central bank is the main entity responsible for a region’s money system. Some of the world’s prominent central banks include the eurozone’s European Central Bank, the United States Federal Reserve, the Bank of Japan, the Bank of England, the Reserve Bank of India and the People’s Bank of China. Central banks supervise a number of economic aspects regarding their respective regions, including money supply management.

A central bank digital currency, or CBDC, serves as a digital form of a region’s currency. A CBDC could possibly be called a central bank cryptocurrency, although because a CBCD is essentially a digital form of fiat currency, such assets are not decentralized and are not the same as the crypto assets native to the cryptocurrency industry.

News
The central bank of central banks says CBDCs are necessary for maintaining the status quo of the legacy financial system.
BIS optimistic about central bank digital currencies
Osato Avan-Nomayo
2021-06-23T14:01:38+01:00
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News
The Bank of Israel has experimented with using Ethereum and nonfungible tokens for a pilot as part of its ongoing digital shekel research, a local report claims...
Bank of Israel steps up CBDC efforts with reported tests on Ethereum
Marie Huillet
2021-06-23T10:40:09+01:00
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News
Despite the pilot, the central bank's deputy governor said he was apprehensive about launching a full-scale CBDC in Israel, and referred to Bitcoin as a "pyrami...
Bank of Israel deputy governor confirms digital shekel pilot is underway
Turner Wright
2021-06-22T00:13:04+01:00
4340
News
The Bank of France has completed a central bank digital currency pilot for securities transactions in collaboration with Swiss crypto bank SEBA.
Banque de France tests digital currency-based securities settlement
Helen Partz
2021-06-21T10:20:40+01:00
4636
News
The Agricultural Bank of China previously debuted digital yuan ATMs this January.
Over 3,000 ATMs in Beijing can now convert digital yuan into cash
Helen Partz
2021-06-18T13:19:02+01:00
3499
News
Indonesia’s central bank is sending supervisors out to ensure local financial institutions aren’t defying the nationwide ban of crypto payments this bull season...
Indonesia's central bank marshals staff to enforce crypto payments ban
Samuel Haig
2021-06-17T04:11:56+01:00
4415
Market Analysis
The statement appeared as Bitcoin investors waited for fresh economic projections from the Federal Reserve and China pledged to release metal reserves amid conc...
Diversification into Bitcoin a ‘prudent move,’ says Bloomberg strategist
Yashu Gola
2021-06-16T18:35:15+01:00
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News
A long-time member of the Russian State Duma has criticized the central bank’s approach to digital assets.
Russian central bank ‘short-sighted’ regarding crypto, lawmaker says
Helen Partz
2021-06-15T12:03:35+01:00
6944

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