Philippines’ Central Bank Abandons Plans of Launching Own Cryptocurrency

2019-7-5 20:56

Philippines’ Central Bank is reportedly ready to halt its planned launch of a digital currency and wait for at least five years. The Bangko Sentral ng Pilipinas, according to Phillstar Global, a local news outlet, is rethinking issuing its own digital currency as it monitors the global crypto space. Benjamin Diokno, the bank’s governor, spoke […]

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Bank of England policy makers clash over digital pound design

The team at the Bank of England responsible for designing its digital pound CBDC project has clashed over its core design, according to Bloomberg. Tom Mutton, the director of fintech at the Bank of England (BoE) and head of the digital pound project, said a recent meeting failed to strike an agreement on the fundamental […] The post Bank of England policy makers clash over digital pound design appeared first on CryptoSlate.

2023-6-27 14:49


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Bank Of Japan Commences The First Phase Of Its Digital Yen Experiments

Japan is the latest country making efforts towards issuing its own central bank digital currency (CBDC). The country, however, is taking a measured approach towards the digital currency project. Bank of Japan — the nation’s central bank — on Monday announced that it is starting the first phase of experiments for its sovereign digital currency. […]

2021-4-6 20:31


Microsoft President on digital currencies: We’re not a bank and we don’t want to become a bank

With Facebook working on its digital currency project Diem, formerly known as Libra, the idea of a private entity issuing currency did not please many financial regulators. Most of them believed that The post Microsoft President on digital currencies: We’re not a bank and we don’t want to become a bank appeared first on AMBCrypto.

2021-3-24 21:00


Bank of Russia Is Studying Pros & Cons of a Digital Ruble; May Start Developing CBDC In 2021

According to Izvestia, a Russian finance news site, the Ministry of Finance and Bank of Russia investigate other nations’ efforts in releasing a central bank digital currency (CBDC). The post, published on Monday, highlights some of Russia's advantages of launching its own digital ruble, including reducing the cost of transactions, more opportunities for cross-border payments, […] The post Bank of Russia Is Studying Pros & Cons of a Digital Ruble; May Start Developing CBDC In 2021 first appeared on BitcoinExchangeGuide.

2020-10-21 20:41