Central Banks

14 Banks, 5 Tokens: Fnality’s Expansive Vision for Interbank Blockchains

The Takeaway: With $63.2 million in fresh funding from 14 banks, Fnality is building tokenized versions of five major fiat…

Philippines Central Bank Warns on Risks of Growing Cryptocurrency Use

The chief of the Philippines central bank has warned over the risks of growing cryptocurrency use in the country. On…

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.…

Nations Continue to De-Dollarise by Hoarding Gold: Is Stockpiling Bitcoin Next?

According to a report by the World Gold Council, central banks have been buying more gold this first quarter than…

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…

Crypto Critic Nouriel Roubini: Central Bank Digital Currencies Won’t Be on Blockchain

American economist and notorious crypto critic Nouriel Roubini has argued that if and when central bank digital currencies (CBDCs) are…

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.…

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