EU Central Bank Executive Shares the Potential Upside to a Central Bank Digital Currency (CBDCs)

2019-5-28 01:25

After the rise of Bitcoin, several central banks around the world have started to talk about something often known as a Central Bank Digital Currency (CBDC). These tokens would act as digital money that would be emitted by the Central Bank.

Now, an official from the European Central Bank (ECB) has affirmed that there are […].

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Caution Is Key as Tanzania Mulls Central Bank Digital Currency Launch

Tanzania is exploring the potential of central bank digital currency with a new initiative from its central bank, the Bank of Tanzania (BoT). The central bank is looking into the possibility of creating a digital version of the Tanzanian shilling, in line with the growing trend among central banks worldwide to examine the use of digital currencies as a way to enhance financial inclusion and improve the efficiency of monetary policy.

2023-1-18 01:00


“We Have A Negative Attitude Towards Cryptocurrencies,” says Russian Central Bank Official

While Russian President Vladimir Putin supports crypto as a means of payment, the country’s central bank remains skeptical about them. “We are advocating for Russia’s financial infrastructure not to be used for investments into cryptocurrencies, and this is possible to implement,” Governor Elvira Nabiullina told a briefing on Friday.

2021-12-18 22:11