2020-2-28 12:27 |
Advanced economies should focus on addressing money laundering and oversight instead of issuing digital currencies, says a Bank of Japan official
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The European Central Bank is preparing the ground should legislators enable the issuance of a digital currency and the bank's governing council approve issuing it.
2026-3-19 17:46 | |
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The European Central Bank (ECB) has unveiled its second progress report on developing the digital euro central bank digital currency (CBDC), outlining advancements in the preparation phase and mentioning a prototype for 2025.
2024-12-3 01:30 | |
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The European Central Bank’s plans to launch the digital euro, are being resisted by many people in Germany, Austria, Netherlands, and Slovakia. The concern is that a Central Bank Digital Currency will leave them dangerously dependent on technology. They also…
2024-8-17 17:20 | |
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A group of major banks have commenced a pilot project alongside the Federal Reserve Bank of New York to test the feasibility of using tokens representing digital dollars to improve how central bank money is settled between institutions.
2022-11-16 19:09 | |
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The Reserve Bank of India (RBI) has announced that it will commence a pilot for a wholesale version of its central bank digital currency (CBDC) on November 1. Digital rupee pilots for the retail segment will begin within a month.
2022-11-1 23:57 | |
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Though critics of a central bank digital currency have said it could amplify bank runs, the Office of Financial Research says it may actually help.
2022-7-13 22:32 | |
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The bank is exploring technological solutions and platforms for its own digital currency.
2022-6-23 12:38 | |
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The Israeli central bank looked at trust issues and policy decisions implied in a potential digital shekel, as well as some of the technical aspects of digital currency.
2022-6-22 23:30 | |
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Anne Boden is more than skeptical about crypto, as she criticizes their use worldwide. The Goldman Sachs-backed digital bank’s CEO has gone head-on against cryptocurrencies, warning users to refrain from digital assets.
2022-6-11 23:00 | |
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The Reserve Bank of India will introduce its digital rupee central bank digital currency (CBDC) in a phased manner. The asset will undergo proof of concept and pilot stages before fully launching.
2022-5-30 11:30 | |
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A leading financial institution, the Bank of America, has predicted that Solana could become the “Visa of the digital asset ecosystem,” which would enable it to steal more of the market share of Ethereum’s blockchain.
2022-1-18 15:00 | |
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Russian banks have been increasingly moving into the digital asset market despite the Bank of Russia's hostility toward crypto.
2022-1-13 16:45 | |
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China’s central bank digital currency, the digital Yuan or e-CNY, is well on its way for full implementation. The People’s Bank of China (PBoC) release a Whitepaper with details on their CBDCs for the first time since the project was made public.
2021-7-20 03:08 | |
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The Bank of England released a new discussion paper exploring digital currencies and central bank digital currencies (CBDC). The post Bank of England Explores Digital Money, CBDC in New Discussion Paper appeared first on BeInCrypto.
2021-6-8 15:00 | |
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Bank Indonesia is in the pre-launch stages of releasing a digital rupiah currency and is vetting platforms to see which will suit their needs the best. The post Bank Indonesia on Track to Release Digital Rupiah appeared first on BeInCrypto.
2021-5-26 20:20 | |
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The Hong Kong Monetary Authority (HKMA) and the Digital Currency Institute of the People’s Bank of China (PBOC), are looking to expand the testing of China’s central bank digital currency (CBDC) for cross-border payments.
2021-5-14 00:30 | |
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Latest move by Bank of Israel is a policy reversal on three years ago when it recommended against issuing any digital currency. The post Israel’s Central Bank Announces Plans for Digital Shekel appeared first on BeInCrypto.
2021-5-12 19:00 | |
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The People’s Bank of China (PBOC) is inching closer to becoming the first major central bank to launch a sovereign digital currency. The bank has rolled out several ambitious pilot programs in recent months in a bid to test how the digital currency, dubbed the digital Yuan, would work in real life. Heading to theRead More
2021-5-10 17:01 | |
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Central bank digital currencies (CBDCs) have become the rave of the moment following the global outcry for a more efficient and inclusive financial system. With the economic impact of the pandemic, the need for a digital form of value transmission has never been higher than now.
2021-5-7 19:16 | |
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The Bank of England is moving forward with exploring the launch of a digital currency
2021-4-19 11:45 | |
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The first and only Washington-chartered digital assets company Protego Trust Bank will become the second digital asset bank in the US to receive conditional approval from the Office of the Comptroller of the Currency (OCC) to custody digital assets for institutional clients.
2021-2-6 14:09 | |
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The Italian Banking Association, ABI, is conducting digital euro tests as the European Central Bank is yet to make a clear decision on a central bank digital currency.
2021-1-6 12:04 | |
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Один из крупнейших израильских банков Hapoalim присоединился к платформе цифрового банкинга Digital Bank Guarantee, разработанной компанией Tata Consultancy Services (TCS).
2020-12-12 10:59 | |
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Russian banks fear being left out of the central bank's proposed digital currency system, according to a report.
2020-11-27 18:16 | |
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Bank of Canada analysts raised concerns over the use of Central Bank Digital Currencies (CBDCs) as countries around the world weight the use of digital tokens instead of paper-based money. The post Bank of Canada raises concerns and risks around digital currencies appeared first on CryptoSlate.
2020-10-7 19:00 | |
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With more central banks around the world studying the issuance of their own digital currencies, Bitcoin and Libra could still find a purpose to be part of a future when money becomes purely digital. That’s according to Raghuram Rajan, former governor of the Reserve Bank of India.
2020-8-20 13:01 | |
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Since the covid-19 outbreak wreaked havoc across the world’s economies, the global multinational investment bank Deutsche Bank has been encouraging the use of digital currencies. The firm’s Twitter account and macro strategist Marion Laboure have been tweeting regularly about how coronavirus infection risks could “accelerate digital payment systems across the world.
2020-4-8 09:30 | |
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The central bank of South Korea announced today the launch of a pilot scheme to test the viability of its own digital currency to replace its current payment systems. Although the Bank of Korea explicitly notes that it has no plans of issuing the digital currency immediately as there is still significant demand for cash, […]
2020-4-6 16:22 | |
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Sygnum AG a Switzerland-based crypto-friendly bank making it easier for people to invest in the digital asset economy has announced the launch of a digital version of the Swiss franc dubbed DCHF token.
2020-3-25 00:00 | |
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Sygnum Bank, a Swiss-based digital asset banking and securities dealer, today announced the launch of its digital CHF token (DCHF). This CHF-pegged settlement token is the first to be issued by a regulated Swiss bank with a full digital asset banking suite.
2020-3-25 19:18 | |
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The central bank is in favor of digital securities, but maintains cryptocurrencies shouldn't be allowed in Russia.
2020-3-17 17:00 | |
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The outgoing governor of the Bank of England highlighted the potential risks to monetary governance if a central bank digital currency were to be launched in the U.K.
2020-3-13 15:00 | |
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The latest research on “The Future of Payments,” by Deutsche Bank titled “Part I. Cash: the Dinosaur Will Survive … For Now,” talks about the existence of cash even though there would be a transition to the digital payments.
2020-1-26 22:39 | |
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Garanti BBVA has announced that it is the first and only private bank to join Turkey’s digital asset blockchain network. The BiGA Digital Asset Transform Platform was developed by Istanbul Clearing, Settlement and Custody Bank (Takasbank), and was officially launched just before the New Year.
2020-1-16 14:30 | |
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Bank of Korea (BOK) is stepping up the development of its central bank-issued digital currency by hiring experts, suggests local media reports. The central bank is looking for a PHD level specialist who will be in charge of the digital innovation research and payment department.
2019-12-11 23:03 | |
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According to a recent survey that was conducted by Tencent’s fintech think tank, top economists in China are divided about Central Bank Digital Currencies (CBDCs) and their effect on the economy. Some of them believe that the effects could be very positive, while others think that they would have a negative influence. According to Jiemian […]
2019-2-4 21:33 | |
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Mike Novogratz — the CEO of cryptocurrency merchant bank Galaxy Digital — admits that the Crypto Winter will probably last longer than he had anticipated. However, the Goldman Sachs alum still believes that institutional investors will eventually enter the market, and remains an avowed bitcoin bull.
2019-2-4 18:50 | |
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The cryptocurrencies are faster and cheaper narrative has fizzled out as banks have embraced digital payments in recent years, improving customer experience and usability. Sure, buying a beer with a QR-code may give you a warm and fuzzy feeling, but it isn’t the problem Bitcoin solves.
2019-2-3 23:00 | |
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Contrary to cynical sentiment touted by skeptics of Bitcoin, crypto isn’t dead in the water. As Mike Novogratz, the founder of leading crypto-centric merchant bank Galaxy Digital, “[there’s] tons of activity under the hood.
2019-2-3 21:00 | |
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In September 2017, Bank of America Merrill Lynch had asked 200 institutional investors what they believed was the most popular investment. A majority of them responded with “Long Bitcoin. ” That does not mean that participants were actively investing in the digital currency.
2019-2-2 22:39 | |
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CryptoNinjas EMURGO, the commercial and venture arm of the Cardano project, has announced today they’ve become the anchor investor in Y2X, a digital merchant bank for the decentralized economy.
2019-1-31 09:12 | |
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According to a report by South China Morning Post published on January 28, 2019, Galaxy Digital is raising close to $250 million for a credit fund that would offer loans in USD to cryptocurrency businesses.
2019-1-30 14:00 | |
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South Korea’s Central Bank Will Not Issue A Digital Currency Soon The Bank of Korea, which acts as the central bank of the Asian country, has recently affirmed that it would not issue a central bank digital currency (CBDC), a popular idea that many banks are considering at the moment. According to the bank, which […]
2019-1-29 21:20 | |
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Saudi Arabia’s and the United Arab Emirates’ (UAB) central banks have teamed up to test a new cryptocurrency. The Saudi Arabian Monetary Authority (SAMA) and the Central Bank of the UAE confirmed the news in a joint statement released today.
2019-1-29 17:23 | |
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Iran has lifted the ban on Bitcoin and cryptocurrency as it takes another step towards its own sovereign cryptocurrency amid talks with foreign nations as potential partners. Iran Unbans Bitcoin, ICOs Today, Iran’s central bank has released an early draft of its cryptocurrency laws, lifting the previous ban on Bitcoin, cryptocurrencies, digital tokens, and ICOs, reports to Al Jazeera.
2019-1-29 16:00 | |
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The United Arab Emirates’ central bank and the Saudi Arabian Monetary Authority have announced details of their interbank digital currency
2019-1-30 15:53 | |
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South Korea's central bank says there’s no urgent need to issue a central bank digital currency in the near term, but plans to conduct more research
2019-1-30 15:06 | |
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The cryptocurrency market might be underperforming in terms of prices, but the technology continues to evolve and become deeply integrated into the economy. This is especially true in smaller nations that see an opportunity to stake a claim in the new digital economy.
2019-1-28 18:17 | |
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Falcon, a private bank from Switzerland announced on January 21 that it is launching support for direct transfers of select digital currencies. The service will be available to both private and institutional clients of the bank.
2019-1-28 17:35 | |
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Using fresher data from August to October, crypto.news examines South Korea as the crypto market’s speculative frenzy cools off and casual readers lost interest.
Pencil Finance raised $1 million for first blockchain-based student loans.
Central bank digital currencies (CBDCs) may not be essential to achieving intended policy goals, instead addressing underlying constraints and improving other digital payment systems may be a more practical alternative, a survey of 19 central banks in the Middle East and Central Asia (ME&CA) region by the International Monetary Fund's (IMF) has said.