Central Bank Digital Currencies Too Attractive to Ignore
The idea of issuing a central bank digital currency (CBDC) is too attractive to ignore, a postdoctoral researcher from the University of Luxembourg wrote in
Category : Central Bank
Bahrain’s Central Bank Launches Sandbox for Blockchain Companies: Report
Bahrain’s central bank is launching a regulatory sandbox to allow blockchain and crypto companies to work in the country, pending formalized regulations. The news was
Japan’s Central Bank Examines Central Bank Digital Currencies in New Report
Japan’s central bank has examined the role of central bank digital currencies (CBDCs) in the current monetary system in a report released on Feb. 19.
Iran: Still Waiting for the Blockchain Revolution
From Jan. 29 to 30, Tehran hosted the eighth annual conference on Electronic Banking and Payment Systems, which was promoted by the Monetary and Banking
Cryptocurrencies Are Unable to Substitute Fiat Money
The Central Bank of Chile (BCC) believes that cryptocurrencies are unable to substitute traditional money, according to an in-depth report on crypto issued Feb. 7.
Crypto Could ‘Challenge Any Framework’
The growth of cryptocurrencies as an asset class “may challenge any framework” for financial stability, according to remarks from the chair of the Financial Stability
MEP Kaili: Banks Can’t Stop Us From Using Blockchain
A Greek member of the parliament (MEP) of the European Union, Eva Kaili, declared that central banks have too much control over people’s deposits, according
Bank of Spain Warns Citizens Against Crypto Given Lack of Local Regulations
Spain’s central bank has issued a reminder to citizens warning of the risks involved in transacting unregulated cryptocurrencies. The Bank of Spain’s notice, issued Feb.
Major Philippines Bank Union Bank Launches Two-Way Crypto ATM: Report
Major Philippines bank Union Bank is launching the country’s first two-way cryptocurrency ATM, local media outlet Philstar reported Feb. 6. The move will reportedly let
State-Issued Digital Currencies Can Squeeze Banks, Says South Korea Central Bank
South Korea’s central bank issued a warning over central bank digital currencies (CBDCs) a week after saying it would not introduce one itself. The development