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
State-owned commercial banks in China are reportedly testing a wallet for the country's forthcoming digital yuan.
China’s State-Run Banks Reportedly Testing Wallet for Digital Yuan
Helen Partz
2020-08-06T13:05:00+01:00
3925
News
“Deregulating Bitcoins and other cryptocurrencies may not necessarily promote technical innovation,” says Japan’s new top financial regulator.
Deregulating Crypto Could Spark More Speculation Says Japan's FSA
Marie Huillet
2020-08-05T12:47:00+01:00
4700
News
Somewhat behind schedule, Cambodia’s banks are readying themselves for a forthcoming national blockchain-based currency.
Cambodians Still Waiting on Central Bank Digital Currency
Marie Huillet
2020-07-29T12:38:00+01:00
3850
News
Russia’s central bank argues that crypto purchases are not considered an investment.
Russia’s Central Bank Keeps Insisting That Crypto Is ‘Criminal’
Helen Partz
2020-07-28T19:00:00+01:00
3162
Opinion
The governments of China and the U.S. frame digital currency as part of their great-power competition, but instead they should work on this technology together.
China and US Must Learn From One Another and Collaborate on CBDC
Guest Authors
2020-07-28T15:00:00+01:00
4801
Opinion
Despite the benefits of crypto being in the hands of the few, the current crisis may be a harbinger of change.
Income Inequality: Can Bitcoin or Other Cryptocurrencies Fix This?
Marc Fleury
2020-07-24T21:35:00+01:00
4701
News
Lithuania’s central bank has issued a NEM blockchain-based collector token in homage to the country’s Act of Independence of 1918.
The Bank of Lithuania Released a Cryptocurrency, But It’s for Collectors
Marie Huillet
2020-07-23T10:33:00+01:00
4771
News
Bank of Korea is launching a digital innovation department that will leverage blockchain and AI to improve business efficiency.
Bank of Korea Launches a Department Devoted to Blockchain and AI
Ting Peng
2020-07-22T22:09:00+01:00
3741

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