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Trading Bitcoin's like trading stamps, says Swedish central bank governor
10.9.2021
In comments at a Swedish banking conference, Sveriges Riksbank Governor Stefan Ingves warned that private money “usually collapses sooner or later.”
Bitcoin transactions ‘akin to bartering,’ Bank of Mexico governor says
10.9.2021
Governor Díaz de León said Bitcoin resembles “a dimension of precious metals” when compared to the central bank’s fiat money
Central Bankers Say Bitcoin Is High Risk Investment, Poor Store of Value, Could Collapse
10.9.2021
Two central bank governors have shared their opinions about bitcoin after the cryptocurrency became legal tender in El Salvador. The governor of the Bank of Mexico sees bitcoin as a high-risk investment and a poor store of value while the governor of Sweden’s central bank, the Riksbank...
Crypto does not qualify as currency, says South Africa's central bank governor
31.8.2021
South Africa’s top banker has said crypto are more akin to assets than actual currencies
South African Central Bank Governor Reiterates: ‘Crypto Is Not Currency’
30.8.2021
The governor of the South African Reserve Bank (SARB), Lesetja Kganyago, has reiterated the central bank’s longstanding belief that cryptocurrencies like bitcoin are not currencies. According to Kganyago, crypto-assets, as he prefers to call them, are not currencies because they fail to meet...
India CBDC pilot may commence in December, says RBI governor
27.8.2021
India’s central bank is carefully considering the merits of issuing a digital rupee as CBDC exploration continues to gather steam across the globe
India Plans to Unveil Central Bank Digital Currency Model by Year End
9.8.2021
The deputy governor of India’s central bank, the Reserve Bank of India (RBI), says the bank should be able to come up with a central bank digital currency (CBDC) model by the end of this year. India May Unveil a CBDC Model by Year End The Reserve Bank of India (RBI) may unveil a model...
Fed governor says CBDCs remain 'a solution in search of a problem'
5.8.2021
Chris Waller’s comments come after Jerome Powell said the Federal Reserve would be issuing a discussion paper on CBDCs
Central Bank Governor: South Africa’s Digital Currency Study Ongoing
31.7.2021
South African Reserve Bank (SARB) governor, Lesetja Kganyago, has once again confirmed that the central bank is presently studying the feasibility of issuing a digital currency. In his remarks at the SARB’s annual general meeting, governor Kganyago suggested his organization has embarked...
Fed Governor Lael Brainard Can’t Imagine Future Without Digital Dollar
31.7.2021
Pointing to a number of reasons why a digital version of the U.S. dollar should be created, Federal Reserve Governor Lael Brainard insisted that not having one wouldn’t lead to a sustainable future. The central bank official believes a digital dollar will have both international and domestic...
Central Bank of Ireland Governor Talks Crypto, Praises ‘Secure, Decentralized’ Technology
31.7.2021
Gabriel Makhlouf, the governor of the Central Bank of Ireland (CBI), has published a blog post in which he shares his views on the digitalization of finance. While echoing concerns expressed by his counterparts regarding cryptocurrencies, the official has also highlighted some of their positives....
Namibia Central Bank to Complete Crypto Study By April 2022 — Governor Says Current Laws Do not Permit Use of Digital Assets
25.7.2021
The Bank of Namibia (BON) is on course to complete its study into cryptocurrencies by April 2022, the central bank governor, Johannes Gawaxab recently confirmed. The governor however reiterated that cryptocurrencies are not legal tender as there is currently no provision for digital currency use...
India’s Central Bank RBI Unveils Plan to Launch Digital Currency in Phases
23.7.2021
The deputy governor of the Reserve Bank of India (RBI) has revealed that the central bank is planning to launch a state-backed digital currency in phases so that it would have “little or no disruption to India’s banking or monetary systems.” RBI Plans ‘Phased...
Bank of England’s Deputy Governor: Cryptocurrencies Aren’t Big Enough to Pose Financial Stability Risk
18.7.2021
Bank of England Deputy Governor Jon Cunliffe believes that cryptocurrencies are not big enough to pose financial stability risk. “They’re not of the size that they would cause financial stability risk, and they’re not connected deeply into the standing financial system,”...
Bank of Ghana Deputy Governor Says ‘Central Bank Digital Currency Is Fiat Money,’ Reveals Pilot Phase Will Start September
12.7.2021
Ghana’s proposed central bank digital currency is similar to fiat cash and therefore financial institutions, as well as fintech start-ups, can still create value based on it, a Bank of Ghana (BOG) official has said. Still, the official, Maxwell Opoku-Afari, the BOG’s deputy governor...
Nigerian Currency Overvalued by 10% Says Central Bank Governor
1.7.2021
The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has reportedly told investors that the country’s currency is overvalued by 10%. The governor’s remarks, which have been confirmed by two unnamed sources, suggest that the central bank is planning to devalue the naira...
'We don't have much time left' to regulate crypto, says Bank of France governor
29.6.2021
"We in Europe need to move as quickly as possible or risk an erosion of our monetary sovereignty," said Francois Villeroy de Galhau
Bank of Israel deputy governor confirms digital shekel pilot is underway
22.6.2021
Despite the pilot, the central bank's deputy governor said he was apprehensive about launching a full-scale CBDC in Israel, and referred to Bitcoin as a "pyramid scam."
Crypto is the most dangerous investment, Bank of Russia governor says
21.6.2021
The governor of the Bank of Russia has maintained a tough stance on Bitcoin despite growing criticism of how the bank has handled digital asset regulation
BoC Governor Says Complete Recovery to Take Time
17.6.2021
Bank of Canada Governor Tiff Macklem speaking before the Standing Senate Committee on Banking, Trade and Commerce on Wednesday, said that through the pandemic, the two main goals of restoring the functioning of the financial markets and ensuring credit flow had been met. The focus had now shifted...