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Nalezeno "Central bank": 3654

UK’s Central Bank Establishes Provisions for Facebook’s Libra

9.10.2019
The Bank of England has established provisions for Facebook’s Libra should it be issued in the country

Swiss Central Bank to Explore Use of Digital Franc in Settling Trades

9.10.2019
Switzerland’s central bank and the SIX stock exchange will study using a central bank digital currency to settle trades of tokenized assets

Major German Coop Bank Passes Negative Interest Rates to Customers

9.10.2019
One of Germany’s largest cooperative banks has begun charging its retail customers a negative interest rate. Other major banks could follow suit since the European Central Bank cut the deposit rate to a record low. Deutsche Bank recently said that it needs to be “much more robust about...

Swiss National Bank to Research CBDCs at New BIS Innovation Hub Centre

8.10.2019
The Swiss National Bank and SIX Group to research digital central bank money within new BIS Innovation Hub

Indian Supreme Court Sets Date to Hear Crypto Case Next Week

7.10.2019
The Supreme Court of India has confirmed a new date to hear the crypto case after multiple delays. During the last hearing, the court directed the Reserve Bank of India (RBI) to reply to crypto exchanges’ representation within two weeks, which the central bank has done. Also read:...

Bank Raided, Arrests Made but RBI Still Restricts Withdrawals

6.10.2019
The crisis has elevated at the cooperative bank recently placed under regulatory restrictions by India’s central bank. Multiple branches have been raided and several arrests were made. However, the RBI continues to impose a withdrawal limit, preventing bank customers from accessing their...

Fed Official Says Digital Central Bank Currency Is ‘Inevitable’

3.10.2019
Philadelphia Federal Reserve bank president Patrick Harker said it is “inevitable” for the central banks to start issuing digital currency

Central Bank Digital Currency Is ‘Inevitable,’ says the Fed’s Patrick Harker

3.10.2019
Central bank digital currencies are “inevitable,” says Patrick Harker, president of the Federal Reserve Bank of Philadelphia

Trump Pressures Fed for More Rate Cuts as Mega Banks Drain the Balance Sheet

2.10.2019
U.S. President Donald Trump is pressuring the central bank to cut interest rates even further as a spike in oil prices has offset the Federal Reserve’s ‘normalization’ tactics like rate-cutting and overnight repos. Additionally, the mega bank JP Morgan Chase (JPM) is being blamed...

New Evidence Escalates Panic as RBI Still Limits Bank Withdrawals

2.10.2019
Customers of a cooperative bank with 137 branches across India still do not know the fate of their money, which was restricted by the central bank. Evidence of alleged bank fraud has since surfaced, but the RBI still insists that India’s banking system is safe, despite many citizens being...

How G20 Central Bank Digital Currencies Are Progressing

2.10.2019
Central bank digital currency has become a hot topic among finance ministers and central bankers worldwide, with some G20 countries ahead of the rest on work done toward issuing their own digital currencies. Experts have weighed in on their expectations of when the first G20 digital currency will...

Facebook Will Create ‘Shadow Banking’ System, Major U.S. Banks Warn

1.10.2019
Facebook’s Libra will potentially create a “shadow banking” system, according to the banks at the Federal Advisory Council

Venezuela’s Central Bank Indicates Plans to Stockpile Bitcoin

27.9.2019
Various reports reveal Venezuela’s central bank is allegedly contemplating hoarding a variety of cryptocurrencies like BTC within its internal reserves. The state-operated gas company Petroleos de Venezuela SA (PDVSA) has asked to send BTC and ETH payments to Banco Central...

ING’s Chief Economist Predicts Central Bank Digital Currencies in 2-3 Years

27.9.2019
Dutch bank ING's chief economist has said Facebook's Libra is pressuring central banks to launch their own digital currencies

Protests Led RBI to Raise PMC Bank’s Withdrawal Limit

27.9.2019
The Reserve Bank of India has relaxed the withdrawal limit of 1,000 rupees (approximately $14) it placed on a cooperative bank a couple of days ago. The central bank said it aims to reduce the hardship of depositors after many heavy protests followed its original order. Also read: Panic at 137 Bank...

Venezuelan Central Bank is Considering Holding Bitcoin and Ether

26.9.2019
State-owned oil and gas company PSDV asks Venezuelan central bank to explore storing BTC and Ether

Panic at 137 Bank Branches as RBI Limits Withdrawals to ₹1,000

25.9.2019
The Reserve Bank of India has imposed regulatory restrictions on a cooperative bank with 137 branches across India, including limiting customer withdrawals to a total of 1,000 rupees (approximately $14) per account for six months. Police personnel had to be deployed to control angry customers...