Search

Nalezeno "Central bank": 3657

Italy’s Central Bank Taps Polygon, Fireblocks DeFi Project to Help Institutions Dabble With Tokenized Assets

26.7.2023
The initiative aims to help Italian banks, asset managers and financial institutions, including the $1 trillion banking group Intesa Sanpaolo, experiment with decentralized finance and security tokens

Existential threat? Why some banks are anxious about CBDCs

26.7.2023
The prospect of a retail CBDC has some major banks anxious over their revenue streams

Welcome to the era of blocks and mortar: Learning from the past

26.7.2023
So, the era of blocks and mortar is upon us. Grab your popcorn, because this is about to get really exciting

Nigeria Is Altering eNaira Model to Promote Use of the Digital Currency: Central Bank

26.7.2023
For many citizens, the central bank digital currency isn't easy to use

Putin Signs Digital Ruble Law Allowing CBDC Payments in Russia

26.7.2023
President Vladimir Putin has signed into law a bill on the introduction of the digital ruble in the Russian Federation. The new legislation, which legalizes and regulates the use of Bank of Russia’s digital currency for payments and other transactions, will enter into force on Aug. 1. President...

Putin Signs Digital Ruble Law, Greenlighting Russia's Central Bank Digital Currency

25.7.2023
Russian President Vladimir Putin has officially signed a bill that will introduce a digital version of the country's national currency. The move gives legal authority to the Bank of Russia, the country's central bank, to act as the platform operator for the digital ruble, according to an official...

Nigerian Central Bank Introduces NFC Technology to Boost eNaira Adoption

24.7.2023
The Central Bank of Nigeria (CBN) remains committed to the central bank digital currency (CBDC) project, despite the recent ousting of the former governor. In a bid to further encourage the adoption of the eNaira and enhance the CBDC mobile app, the central bank has incorporated Near Field...

Federal Reserve of San Francisco hiring crypto architect for CBDC project

23.7.2023
San Francisco's Federal Reserve Bank is seeking a crypto architect for a central bank digital currency (CBDC)

China’s Central Bank: Digital Yuan Transactions Reach $250 Billion

23.7.2023
China’s central bank governor has revealed that transactions using the country’s central bank digital currency (CBDC) reached 1.8 trillion yuan ($250 billion) at the end of June. In addition, the People’s Bank of China (PBOC) official stated that digital yuan in circulation amounted...

Central Bank of Russia Discusses Digital Ruble Integration With Other Countries

22.7.2023
The Central Bank of Russia (CBR) is already discussing the integration of its central bank digital currency (CBDC), the digital ruble, with other countries’ payment systems. Elvira Nabiullina, Governor of the CBR, declared the bank was exploring different possibilities of integration with...

Nigerian Currency Plunges to All-Time Low Versus Dollar, Central Bank Revokes Licenses of 2,700 Currency Exchanges

22.7.2023
The exchange rate of the Nigerian currency versus the greenback recently plunged to an all-time low of NGN860:USD1. The naira’s depreciation has been attributed to shortages of foreign exchange on the official market and the rising demand for forex. The Central Bank of Nigeria (CBN) said...

China's Digital Yuan Hits $250 Billion Transaction Volume, Central Bank Governor Reports

21.7.2023
The People’s Bank of China (PBoC) revealed that $250 billion worth of transactions have taken place using the country’s central bank-backed digital currency (CBDC) digital yuan in 18 months since the start of its pilot. Speaking at a conference in Singapore, China’s central bank governor Yi Gang...

Kids Won’t Be Able to Spend Mom’s Digital Ruble as They Wish, Russian Official Says

21.7.2023
The new form of Russia’s fiat, the digital ruble, will make spending more efficient for both government and family budgets, according to a high-ranking lawmaker. Anatoly Aksakov, who was involved in the recent adoption of the new digital ruble legislation, highlighted some of the advantages...

Wholesale CBDC Would Improve Cross-Border Payments, French Central Bank Tests Show

21.7.2023
The French Central Bank has determined that its wholesale central bank digital currency (wCBDC) would improve cross-border payments, it announced on Friday

Central Bank of Argentina Reduces Dollar and Yuan Disbursement to Importers

21.7.2023
Importers are accusing the Central Bank of Argentina of stalling on the delivery of dollar-based payments under the pretext of high freight costs. According to importers, the Argentine government considers freight costs exceeding 15% of the value of the merchandise imported as an inconsistency....

Federal Reserve Launches Fednow for Instant Payments — JPMorgan, Wells Fargo, and 33 Banks Onboard

21.7.2023
The Federal Reserve has launched its Fednow Service for instant payments with 35 participating banks and credit unions, as well as 16 service providers. “The Federal Reserve is committed to working with the more than 9,000 banks and credit unions across the country to support the widespread...

Egyptian and Nigerian Central Banks Sign Agreement to Deepen Cross-Border Regulation

20.7.2023
The central banks of Egypt and Nigeria have signed a fintech agreement to deepen the two institutions’ “cross-border regulatory collaboration” and information sharing. The London Institute of Banking & Finance, which also signed an MOU, will offer training programs, workshops...