Search Results for "central bank"
Pakistani Judge Challenges Federal Authorities Over Cryptocurrency Ban
Justice Muhammad Iqbal Kalhoro of the Sindh High Court (SHC) has challenged the State Bank of Pakistan's ban on cryptocurrencies in 2018.
UAE's Central Bank Nears Launch of Digital Dirham
The UAE's central bank is close to launching its central bank digital currency (CBDC), the digital dirham, for domestic and cross-border payments. The CBUAE has partnered with G42 Cloud and R3 to be the infrastructure and technology providers for the CBDC implementation, which will boost financial inclusion and help the country become a cashless society. The first phase of the CBDC strategy includes the soft launch of "mBridge," proof-of-concept work for bilateral CBDC bridges with India, and domestic CBDC issuance for wholesale and retail use.
Bank of Korea Seeks a Consulting Partner to Accelerate CBDC Launch
The Bank of Korea (BoK) is in search of a consulting partner to help develop the architecture for its Central Bank Digital Currency (CBDC).
Bitcoin Will Not Likely Be Held by Central Banks in the Future, Says ECB President Christine Lagarde
Christine Lagarde, the President of the European Central Bank, has once again made her stance on Bitcoin clear.
The Bahamas Racing Ahead with the Sand Dollar
The Bahamas are rolling out their Sand Dollar digital currency across the island chain and look to be ahead of some of the larger countries around the world.
Central Bank of Nigeria Bans Cryptocurrency Transactions, Says Crypto Breeds Illegal Activities
The Central Bank of Nigeria (CBN) has once again doubled down on its efforts to ban cryptocurrency transactions stating they are a breeding ground for illegal activities.
US Federal Reserve Weighs the Pros and Cons of a Digital Dollar CBDC
The US Federal Reserve has continued to research the benefits and impact of implementing a central bank digital currency (CBDC).
Federal Reserve “Flexible” Inflation Monetary Policy Could Boost Bitcoin Price as Investors Stock Up on BTC Safe Haven
Federal Reserve Chair Jerome Powell has announced new measures to control inflation, in a speech that could have long-term implications for the Bitcoin price and cryptocurrency.
CBUAE Plans to Launch Central Bank Digital Currency
The government plans a uniform, rapid card payment platform.
Seven Key Takeaways You Need to Know About Central Bank Digital Currencies
Why are Central Bank Digital Currencies (CBDCs) important? Do we really need them? What are the implications? How will they be designed? Here are seven key takeaways you need to know.
Federal Reserve FOMC Meeting Inflation Targets Might See Bitcoin Price Retest $10,400 Resistance
Bitcoin traders await the Federal Reserve’s upcoming policy meeting on Wednesday to hear how the United States central bank will enact its inflation policy.
The Bank of Russia Wants Strict Limits for Non-Professional Russian Crypto Investors
Russia has published a proposal that sets strict limits on the amounts of digital assets acquired by non-professionals investors in a year.