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Nalezeno "issue digital currency": 14

BRICS Bank Could Issue Digital Currency for the Economic Bloc, Analyst Says

21.8.2023
A Trace Finance analyst has suggested that the BRICS nations could launch a single digital currency issued and regulated by the New Development Bank, also known as the BRICS Bank. He stressed that the U.S. is facing the biggest crisis in history. Many expect a common BRICS currency that would...

Nepal Prepares to Issue Digital Currency, Drafts Necessary Amendments

7.8.2022
A task force in Nepal has proposed legal changes allowing the country’s central bank to issue its own digital currency. The move comes after a study indicated that such an initiative is feasible and recommended certain provisions that would authorize the regulator to proceed with...

US Treasury Secretary Yellen Says She’s Undecided Whether the Fed Should Issue Digital Currency

3.12.2021
The U.S. Treasury Secretary Janet Yellen says that she has not made up her mind about whether the Fed should issue a central bank digital currency (CBDC). “There are some benefits” to a digital dollar, Yellen said, but noted that “there are also meaningful costs.” Janet...

Indonesia’s Central Bank Considers Issuing Digital Currency to ‘Fight’ Crypto

2.12.2021
Bank Indonesia, the country’s central bank, is reportedly considering issuing a central bank digital currency (CBDC) to fight the use of cryptocurrency. “A CBDC would be one of the tools to fight crypto. We assume that people would find CBDC more credible than crypto,” said...

Ukrainian President Signs Law Opening Door for Digital Hryvnia, Regulatory Sandbox

1.8.2021
President Volodymyr Zelensky has signed a law that will allow the National Bank of Ukraine to issue its own digital currency. The new legislation, which aligns Ukrainian regulations with EU rules, will also stiffen authentication requirements for clients of payment service providers....

Ukraine central bank now officially allowed to issue digital currency

30.7.2021
Ukraine’s newly-signed law titled “On Payment Services” requires close cooperation between the National Bank of Ukraine and private startups in the payment market

UAE Central Bank Unveils Plan to Launch Digital Currency

14.7.2021
The Central Bank of the United Arab Emirates has unveiled its plan to launch a digital currency as part of its 2023-2026 strategy to become one of the world’s top 10 central banks. A growing number of central banks worldwide are working to launch central bank digital currencies (CBDCs)....

IMF Says Only 23% of Central Banks Can Legally Issue Digital Currencies

17.1.2021
Researchers at the International Monetary Fund (IMF) have examined the central bank laws of 174 IMF members to answer the question of whether a digital currency is really money. They found that of all the central banks studied, only about 23%, or 40 central banks, “are legally allowed...

Bank of Japan Must Be Ready to Issue Digital Currency, Says Exec

30.1.2020
The Bank of Japan must be ready to respond to technical developments and public sentiment about central bank digital currencies, its deputy governor says

India Unveils National Blockchain Strategy, Calling on RBI to Issue Digital Currency

29.1.2020
India’s National Strategy on Blockchain has been published. It recommends, among other things, for the Reserve Bank of India (RBI) to issue a central bank digital currency. The Ministry of Electronics and Information Technology tasked the National Institute for Smart Government with drafting...