Central Bank Financial News
17.08 / 07:37
16.08 / 19:03
Federal Reserve
inflation
Central Bank
Bitcoin
Is Bitcoin really a hedge against inflation?
While Bitcoin (BTC) has failed in countering this year's rampant global inflation, it should still be considered as an inflation hedge, says Steven Lubka, the managing director of private consumers at Swan Bitcoin.
16.08 / 03:07
11.08 / 16:47
Blockchain
Adoption
Central Bank
The Philippines halts virtual asset provider license applications
While many believe that the Philippines can become a new crypto hub, that dream may be shattered in the meantime as the country’s central bank announced a 3-year hiatus from accepting new virtual asset service provider (VASP) applications.
05.08 / 07:29
economics
Africa
Central Bank
Inflation Is Spiking in Zimbabwe (Again). Why High-Interest Rates Aren’t the Answer
Jonathan Munemo, Professor of Economics, Salisbury University._____
01.08 / 15:39
economics
inflation
Central Bank
Is the US in Recession? Depends on Whom You Ask
D. Brian Blank, Assistant Professor of Finance, Mississippi State University._______
27.07 / 11:31
economics
inflation
Central Bank
Inflation Is 2022’s Boogeyman
Stephen Hickson, Economics Lecturer and Director Business Taught Masters Programme, the University of Canterbury.____
26.07 / 15:27
privacy
Central Bank
Cash
China CBDC
NOT
Official explains why China CBDC should not be as anonymous as cash
China’s central bank digital currency (CBDC) should not be as anonymous as cash, the head of the People’s Bank of China (PBoC) digital currency institute declared.
21.07 / 15:23
economics
Central Bank
ECB
Time
European Central Bank Raises Rates for the First Time in 11 Years
On Thursday, the European Central Bank (ECB) raised interest rates in the eurozone for the first time in 11 years, as high and rising inflation becomes central bankers’ primary concern. (This is a developing story and is being constantly updated.)
18.07 / 12:27
cryptocurrency
Ban
Central Bank
Here’s Why Russia Has Issued a New ‘Crypto Payments Ban’
Vladimir Putin, the president of the aggressor state of Russia, has signed a new law that will ban the use of cryptoassets and other “digital assets” in the payments space – even though crypto pay is already illegal in the country.
18.07 / 08:51
CBDC
regulation
Central Bank
Australian
Australian central bank governor favors private sector crypto technology
Australian central bank Governor Phillip Lowe said that a private solution “is going to be better” for cryptocurrency as long as risks are mitigated through regulation.
12.07 / 23:39
regulation
Asia
Central Bank
Warning
Sri Lanka central bank reiterates crypto warning following protestors seizing president's residence
Amid economic and political turmoil, the Central Bank of Sri Lanka, or CBSL, has warned the public against crypto purchases due to the lack of regulatory oversight.
12.07 / 22:19
Stablecoin
regulation
Central Bank
Ruble
place
Central Bank: No Place for Stablecoins in Russian Economy, Only Digital Ruble Will Do
The Central Bank of the aggressor state Russia, says that it is against the idea of citizens making use of fiat-, oil-, or gold-pegged stablecoins – despite calls for the launch of such tokens from the Ministry of Finance.
12.07 / 03:43
CBDC
Central Bank
South Korea Ready to Test its CBDC with Commercial Banks, But Says Launch Is ‘a Long Way off’
South Korea’s central Bank of Korea (BOK) says it is now ready to commence “real-world” testing for its prototype digital won – but is refusing to say whether or not it actually intends to roll out the token.
08.07 / 14:51
Trading
Exchange
Central Bank
politician
Moscow Exchange Should Launch a Crypto Trading Platform, Says Top Russian Politician
The chief architect of Russia’s crypto legislation has argued that the Moscow Exchange (MOEX) should develop a crypto trading arm – albeit one that operates under the strict purview of the country’s Central Bank.
08.07 / 14:35
business
Binance
Central Bank
Bank of Spain
Binance gets crucial license for its Spanish subsidiary from the Bank of Spain
Crypto exchange Binance has been registered as a virtual asset service provider (VASP) by the Bank of Spain. This allows the exchange to offer custody and crypto exchange services in the country legally.
07.07 / 23:27
Survey
Gold
inflation
Central Bank
reserves
NOT
Surveyed Central Bank Reserves Managers Say Inflation is Not ‘Transitory’, Likely to Remain High
Only 20% of surveyed central bank reserves managers still say that inflation will be “transitory,” as the US Federal Reserve (Fed) and other central banks insisted was the case until recently. Meanwhile, close to half of the managers say inflation is likely to remain elevated, per the latest edition of the OMFIF’s Global Public Investor report.
06.07 / 21:17
Blockchain
Adoption
Central Bank
Chinese Central Bank May Apply Smart Contract Technology to Digital Yuan
The central People’s Bank of China (PBoC) could be set to make use of smart contracts in its digital yuan project – an indication that blockchain technology could well end up playing a larger role than expected in the e-CNY’s future.
05.07 / 19:49
Law
Central Bank
Bank of England
market volatility
regulatory
crypto market volatility
Crypto market volatility shows need for 'enhanced regulatory and law enforcement frameworks' — BoE
The Bank of England has called for “enhanced” regulations of crypto to address potential risk to the country’s financial stability amid the market capitalization dropping more than $2 billion.
30.06 / 18:11
cryptocurrency
regulation
Central Bank
Bitcoin
committee
Basel Committee Warms Up to Bitcoin & Crypto With More Flexible Proposal
After receiving criticism from industry players last year for being too conservative, a committee at the Bank for International Settlements (BIS), has proposed a cap on how much exposure traditional banks can have to cryptoassets “where there is no counterparty.”
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