Central Banks

Eastern Caribbean Central Bank Takes Step Toward Digital Currency Rollout

The Eastern Caribbean Central Bank (ECCB) is about to conduct a pilot for a blockchain-based central bank digital currency (CBDC) in…

Just Because Cryptocurrency Isn’t ‘Legal Tender’ Doesn’t Make It Illegal

Central bank warnings about crypto assets may give the impression that cryptocurrency is illegal, especially since these entities often cite…

South Africa’s Central Bank Proposes Rules for Crypto Companies

Crypto exchanges and wallet providers would have to register with regulators under rules proposed by South Africa’s central bank. In…

Report Claims Central Banks Are Cautious About Issuing Their Own Digital Currencies

The Bank of International Settlements (BIS) has published a survey showing that most central central banks are “proceeding cautiously” on…

Africa Needs Open Currency Competition. It Needs Cryptocurrency

Terence Zimwara is a cryptocurrency enthusiast and economic analyst from Zimbabwe, with firsthand experience of his country’s record hyperinflation. Terence…

India: Media Reports Central Bank Has Postponed ‘Crypto-Rupee’ Plans

The Reserve Bank of India (RBI) is pausing its plans to release a digital currency, Indian business news outlet the…

China: Shenzhen Special Economic Zone to Use Blockchain for Electronic Tax Invoices

Shenzhen, a major city in the Guangdong Province and the first economic special zone in  China, will use blockchain technology…

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