Central Bank Financial News

25.07 / 09:51

Central Bank central bank digital currency Philippines Set to Launch Central Bank Digital Currency by 2029

The Philippines’ central bank is reportedly set to issue its wholesale central bank digital currency (CBDC) by 2029.

13.07 / 11:44

Central Bank Crypto scams Philippines’ Central Bank Chief Rejects Crypto Endorsement Claims

Philippines’ central bank issued a warning on Friday, urging citizens to be more cautious about crypto scams on social media. It clarified that Governor Eli Remolona, Jr. does not endorse an alleged crypto project “Tesler Code” or any other crypto investment.

28.05 / 21:41

CBDC Central Bank Cambodia’s Central Bank Governor Believes Digital Currency Will Boost Fiat Use: Here’s Why

Central Bank Governor Chea Serey revealed On May 28 that the Central Bank Digital Currency (CBDC) Bakong could increase the adoption of Cambodia’s Riel currency by facilitating cross-border QR payments.

26.05 / 23:43

Blockchain USDT Central Bank Trade reports Traffic Russian Central Bank Flags Sharp Rise in Crypto-related Activity

The Russian Central Bank says it has noticed a significant rise in citizens’ transactions on crypto exchanges and peer-to-peer crypto trading platforms.

21.05 / 04:41

Central Bank crypto regulation Brazil Central Bank Crafting Crypto Regulation Plan, Expected by Year’s End

Brazil’s central bank unveiled a multi-phase plan to regulate crypto and virtual asset service providers on Monday. It aims to finalize the regulatory proposals by the end of this year.

04.04 / 15:17

markets Blockchain Digital Central Bank tokenization innovations International Central Banks to Explore Tokenization of Cross-Border Payments With Project Agora

A consortium of central banks worldwide, led by the Bank for International Settlements (BIS), announced a new initiative, “Project Agora,” to explore the potential of tokenization to enhance existing financial systems.

26.03 / 04:23

CBDC Central Bank UAE Introduces CBDC Implementation Strategy – Here’s What’s Inside

The United Arab Emirates (UAE) is now readying a central bank digital currency (CBDC) for retail and wholesale use, according to a Central Bank of UAE (CBUAE) announcement on Saturday.

25.03 / 10:01

Central Bank Bill Universities stage country International Russian Central Bank, Ministry of Finance to Settle Crypto Policy Differences

The Russian Ministry of Finance says it wants to settle its long-standing crypto policy differences with the nation’s Central Bank.

22.02 / 11:01

Central Bank ECB Bitcoin NOT ECB Says ETF Approval Does Not Change Bitcoin’s Unsuitability as Payment or Investment

The European Central Bank (ECB) has reiterated its position on Bitcoin (BTC) , stating that the approval of spot ETFs for the cryptocurrency does not change its unsuitability as a means of payment or investment.

12.02 / 18:21

regulation Central Bank Financial Nigeria Faces Pressure to Tighten Crypto Regulations for Financial Crime Prevention

Nigeria faces calls to go further in its efforts to clarify crypto regulation after a blockchain firm successfully finished training its fifth cohort of crypto compliance specialists last weekend.

12.02 / 04:29

markets Central Bank Trade Bitcoin social Financial Russian Central Bank Says ‘Almost All Financial Scams Are Now Crypto-themed’

The Russian Central Bank claimed “almost all” the financial scams it found last year had crypto-related elements.

17.01 / 03:41

Central Bank Trade reports International Russian Central Bank ‘Turning a Blind Eye’ to Crypto-powered Trade – Senator

A Russian senator has claimed the nation’s Central Bank is “turning a blind eye” to firms that use crypto as a payment tool in international trade.

12.01 / 00:27

markets Platform Analysis Central Bank Trade reports Domestic Exchanges Account for 99.7% of Brazilian Cross-border Crypto Trades – Central Bank

Exchanges that buy coins overseas to sell on the domestic market account for most of Brazil’s cross-border crypto trade, a Central Bank report has found.

22.12 / 23:20

Central Bank crypto regulation People’s Bank of China Stresses on Global Regulation for Crypto and DeFi Markets

China’s central bank has called on global financial authorities to regulate the digital asset and decentralized finance (DeFi) markets in its recent financial stability report.

29.11 / 19:47

CBDC Adoption Cybersecurity Cybercrime Central Bank BIS BIS advises central banks to plan in advance for CBDC security

Issuing a central bank digital currency (CBDC) requires adequate attention to security, the Bank for International Settlements (BIS) reminded central bankers in a report on Nov. 29. An integrated risk-management framework should be in place starting at the research stage, and security should be designed into a CBDC, the report said.

24.11 / 09:37

Technology Central Bank Nigeria’s NITDA advocates AI integration in payments for global recognition

In a bid for greater global recognition and domestic use of the Nigeria Payments System, the director-general (DG) of the National Information Technology Development Agency (NITDA), Kashifu Inuwa Abdullahi, has stressed the importance of collaboration between NITDA, the Central Bank of Nigeria (CBN) and financial institutions.

24.11 / 07:49

Adoption regulation Central Bank Speculation Singapore to restrict retail crypto speculation with new rules

In response to the feedback received on its proposed Digital Payment Token (DPT) regulations, the Monetary Authority of Singapore (MAS) laid down measures for DPT service providers to discourage speculation in cryptocurrency investments.

23.11 / 13:53

business economy economics Opinion Central Bank South America Milei vowed to close Argentina’s central bank — But will he do it?

The image of a presidential candidate destroying a model of the central bank with a sledgehammer will not leave Argentines' memories for a long time. But once President-elect Javier Milei is seated on the throne on Dec. 10, will he still have the courage to follow a winding and risky path?

20.11 / 01:51

business CBDC Central Bank Bitcoin Elections Bitcoin-friendly Javier Milei wins Argentina presidential election

Argentina's Bitcoin (BTC)-friendly Javier Milei won the country’s presidential run-off election on Nov. 19, beating out his opponent Sergio Massa.

17.11 / 22:15

Stablecoin regulation Central Bank Fiat Money BIS ‘Primitive’ stablecoin lacks mechanisms that maintain fiat stability: BIS

Stablecoins lack crucial mechanisms that guarantee money market stability in fiat, and an operational model that gave regulatory control to a central bank would be superior to private stablecoin, a study released by the Bank for International Settlements (BIS) found.

15.11 / 12:12

Blockchain Citi Adoption Tokens Central Bank Singapore introduces 5 new pilots to test asset tokenization

The Monetary Authority of Singapore (MAS) has introduced five additional industry pilots to Project Guardian to test various use cases around asset tokenization.

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