Search

Nalezeno "Central Bank": 4001

Sberbank Urges Central Bank to Reconsider Digital Ruble Issuance Plans

16.12.2020
The state-controlled commercial bank Sberbank has expressed fears that the Russian Central Bank’s “digital ruble” plans will have a negative effect on liquidity in the nation. The Central Bank has accelerated its plans to roll out a central bank digital currency (CBDC) with a pilot slated for next...

The Great Reset Agenda: ‘Bitcoin Is a Decentralized and Rational Strategy to Opt-Out’

15.12.2020
Every single day the conversation about the Great Reset continues to amplify. More recently, mainstream media publications have been publishing rebuttals in response to the many skeptics of this agenda who believe the reboot propaganda is meant to install a new world order. The American broadcaster...

Sweden is studying a potential transition to the e-krona CBDC

11.12.2020
Sweden is examining risks and consequences of moving its economy to its e-krona digital currency

Bitcoin Is Going Through the Roof in Argentina While the Government Imposes New Taxes

11.12.2020
Argentina’s Senate approved an extraordinary one-time wealth tax to fight the coronavirus pandemic by seeking to boost government revenue and targeting millionaires with assets of more than 200 million pesos ($2.5 million). At the same time, the country still faces a 35% inflation....

First Mover: Bitcoin Stuck as ECB’s Lagarde Primes Extra €500B Stimulus

10.12.2020
The ECB's decision to expand an emergency bond-buying program by €500B may represent latest installment of years-long balance-sheet increase

ECB Boosts Emergency Bond-Buying Program By 37% to €1.85T Amid Pandemic Resurgence

10.12.2020
The ECB says the additional monetary policy actions were needed because of a resurgence in coronavirus cases

As Citizens Suffer Central Banks Flush Trading Houses With Trillions, Ease Corporate Strains

10.12.2020
Central banks across the world have been increasing stimulus and letting inflation run high in order to combat the disastrous economic effects of the coronavirus outbreak response. The Bank of Japan has recently become the country’s largest stockholder and the European Central Bank...

G7 Central Bankers Stress the Need to Regulate Cryptocurrencies at Latest Meeting

8.12.2020
The G7 finance ministers and central bank governors discussed the need to regulate cryptocurrencies during their latest meeting. German Finance Minister Olaf Scholz raised concerns about Facebook’s upcoming cryptocurrency. G7 Sees the Need to Regulate Crypto U.S. Treasury Secretary Steven...

Digital ruble will undercut bank profits but help businesses: Bank of Russia

7.12.2020
Russia's central bank wants the digital ruble to help businesses by cutting out financial middlemen

Nigeria’s Yellow Card Processes $165 Million in Crypto Remittances So Far This Year

7.12.2020
Nigerian crypto startup Yellow Card says it processed over $165 million in volume during the first eleven months of this year. The figure represents a growth of more than 1,840% over the amount of remittances processed in the last six months of 2019. Launched in June 2019, Yellow Card enables...

New US stimulus, Brexit and $20K: 5 things to watch in Bitcoin this week

7.12.2020
A mountain of fresh U.S. debt contrasts with a mountain of institutional cash potentially set to flow into Bitcoin thanks to major FOMO

China Airdrops Digital Yuan Worth $3 Million — 10,000 Stores Will Accept It

6.12.2020
Twenty million yuan ($3 million) in China’s central bank digital currency will be given away to 100,000 people in the country’s largest test of the digital yuan to date. The digital currency will be accepted at 100,000 stores, including JD.com, one of China’s largest online...

What Is a CBDC?

4.12.2020
A CBDC is a central bank digital currency, a new type of money governments are experimenting with that often has blockchain at its core

China's central bank plans digital yuan pilot for payments to Hong Kong

4.12.2020
Preliminary talks are underway to begin testing the e-CNY in the special administrative region of Hong Kong

Cryptocurrencies Prove Central Bank Models Are Obsolete, Says Professor

4.12.2020
A Spanish professor and economist stated that cryptocurrencies have brought out the “obsolescence” of central banks, although their capitalization is still “very insignificant.” Crypto Is Not Only About the ‘Speculative Noise’ Pablo Agnese, an economics professor...

Swiss National Bank and BIS complete digital currency proofs-of-concept

4.12.2020
The Swiss National Bank and BIS don't want to miss out on possible blockchain-powered benefits for the financial system

Central Bank of Nigeria Governor Decries the Use of Parallel Exchange Rate as Citizens Switch to Crypto

4.12.2020
The governor of the Central Bank of Nigeria (CBN) Godwin Emefiele says the embrace of the parallel market exchange rate by some professionals in that country is unfair and unfortunate. The CBN governor says the parallel foreign exchange market only accounts for a share of the market that does...