Central Banking

Russia’s Central Bank Is Considering Launching a Digital Currency

The head of Russia’s central bank has said the institution could one day launch its own digital currency. Chairwoman Elvira…

Bundesbank Chief Warns on Risks of Central Bank Digital Currencies

The head of Germany’s central bank has said central bank digital currencies could destabilize financial systems and worsen bank runs.…

ECB Official Says Wholesale Central Bank Digital Currency a ‘Viable Option’

A European Central Bank (ECB) official has come out generally in favor of wholesale central bank digital currencies (CBDCs). Vitas…

Russian Central Bank to Consider Gold-Backed Cryptocurrency

Russia’s central bank will consider the use of a gold-backed cryptocurrency to facilitate international settlements, according to a Tass report.…

Boston Fed Announces Plans To Design a Blockchain ‘Supervisory Node’

The Federal Reserve of Boston is starting a new blockchain experiment this summer. The Massachusetts state regulator has been one…

Central Banks Settle Cross-Border Payments With Blockchain for First Time

The central banks of Canada and Singapore have concluded a trial of cross-border payments using blockchain technology and central bank…

Over 40 Central Banks Are Considering Blockchain Currencies: Davos Report

More than 40 central banks worldwide are experimenting with blockchain technology, says a new report by the World Economic Forum.…

Pakistan Central Bank Eyes Digital Currency Launch by 2025

The State Bank of Pakistan (SBP), the country’s central bank, is considering the launch of a digital currency by 2025.…

Central Banks See ‘No Value’ in Issuing Digital Currency: BIS Chief

The general manager of the Bank for International Settlements (BIS) has again warned that caution is needed when considering central…

Iran’s Government Is Using Crypto Startups as Part of Its Blockchain Embrace

Iran’s central bank is working with a pair of blockchain startups that are developing what could be the groundwork for…

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