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
To use the tokens, users will need to verify their identity through phone and video identification, and load their wallet with real euros.
Spain’s central bank approves euro-linked token pilot as part of sandbox initiative: Report
Turner Wright
2023-01-18T19:45:00+00:00
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News
The Bank of Tanzania is waiting for the conclusion of its research into CBDCs before making a final decision on adoption.
Tanzania ‘cautious’ on CBDC adoption after initial research
Stephen Katte
2023-01-16T02:21:18+00:00
7321
News
By allowing virtual banks, Thailand seeks to boost competition and economic growth.
Bank of Thailand to allow first virtual banks by 2025
Ana Paula Pereira
2023-01-15T20:32:31+00:00
9309
Follow up
The Nigerian central bank has outlined key focus areas for its national payments system in a two-year roadmap leading up to 2025.
Nigeria revisits its payments landscape amid sluggish eNaira adoption
Gareth Jenkinson
2023-01-12T10:30:00+00:00
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News
The 13.61 billion e-CNY represented roughly 0.13% of the 10.47 trillion yuan in circulation at the end of 2022.
China’s central bank includes digital yuan in report on currency circulation
Turner Wright
2023-01-11T20:45:00+00:00
3121
News
The country’s central bank will begin studying two possible cross-border CBDC settlement models this quarter.
Russia to begin work on CBDC settlement system as sanctions endure
Jesse Coghlan
2023-01-10T01:34:54+00:00
7062
News
Mexico’s central bank is working on legal, administrative and technological requirements for the peso’s digital version.
Mexico’s digital peso delayed, launch date unclear
Ana Paula Pereira
2023-01-08T21:02:51+00:00
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Market Analysis
Chances of a crypto bull market in 2023 decrease as the Fed maintains a hawkish stance and threats of a recession in the U.S. economy continue to appear.
Macroeconomic data points toward intensifying pain for crypto investors in 2023
Nivesh Rustgi
2023-01-06T20:43:03+00:00
6459

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