Central Bank Financial News

29.06 / 20:25

economics Federal Reserve inflation Central Bank We Now Understand How Little We Understand About Inflation – Fed’s Powell

The current high levels of inflation in both the US and Europe have given central bankers an opportunity to “understand better how little we understand about inflation,” US Federal Reserve (Fed) chair Jerome Powell said.

23.06 / 18:59

cryptocurrency regulation Central Bank Bitcoin analysts Central Bankers' Attack on Crypto is ‘a Legacy Vision’, Failure to Recognize ‘Revolutionary Benefits’ of DeFi - Analysts

As the Bank for International Settlements’ (BIS), also known as "the central bank of central banks," tried to monopolize trust in money with its new report this week, analysts stress that it simply represents “a legacy vision” that brings a number of new risks, and the BIS fails to recognize “revolutionary benefits” of the still-nascent crypto industry.

22.06 / 17:59

markets Federal Reserve Central Bank Bitcoin rate hikes Bitcoin price rises to $20.7K as Fed's Powell says more rate hikes 'appropriate'

Bitcoin (BTC) checked losses while United States equities drifted down on June 22 as the Federal Reserve kept quiet on monetary policy.

22.06 / 13:29

cryptocurrency Central Bank Amid Looming Euro Zone Economic Downturn, ECB's Lagarde Worries About Crypto, DeFi

While the 19 euro-using European Union countries face a gloomy economic outlook, European decision-makers are worried about the potential negative impact of cryptoassets and decentralized finance (DeFi) on the bloc’s financial stability -- and per Christine Lagarde, President of the European Central Bank (ECB), they should intensify their work on a controversial regulation draft.

22.06 / 03:12

Adoption Central Bank Coronavirus Chinese Digital Yuan Spending on the Rise Despite COVID-19-induced Slump

Digital yuan usage has grown x18 in the past 12 months in China – as the central bank-issued token continues to find new users.

21.06 / 14:11

cryptocurrency Central Bank banking Bitcoin After Inflation Fiasco, Central Banks Now Want to Monopolize Trust in Money With CBDC Push and Crypto Bashing

As central banks across the globe are now admitting they failed to keep inflation under control and by sharply rising rates threaten to push economies into recession, they now claim that they are the main source of trust in the monetary system.

17.06 / 13:25

regulation Central Bank Bitcoin Russian Central Bank Ready to Make Crypto Regulation Concessions, Hints Governor

Russia’s Central Bank chief Elvira Nabiullina has stated that she is prepared to allow the nation to do business in crypto – as long as it does not enter the Russian financial system and is only used in international settlements. But the country’s finance ministry, which favors legalization and regulation, is hopeful of reaching a compromise with the bank.

16.06 / 14:53

regulation Investing Central Bank digital euro Use of Digital Euro as Form of Investment Can be Prevented - ECB Official

The European Central Bank (ECB), the central bank of the European Union, is advancing discussions on the digital euro project, but decision-makers argue that is possible to fit the central bank digital currency (CBDC) with effective tools that would prevent it from being used as a form of investment - rather, it would only be used as a means of payment, according to Fabio Panetta, Member of the Executive Board of the ECB.

09.06 / 00:01

cryptocurrency Adoption Central Bank Kazakhstan Central Bank Exploring ‘Opportunities in Crypto, DeFi ‘Innovation’

Kazakhstan’s central National Bank has stated that it is “interested in” the “opportunities for innovation” that cryptoassets and DeFi can “give” the government.

07.06 / 18:33

Mining regulation Central Bank Russia Edges Closer to Crypto Regulation as Ruling Party, Energy Ministry Push for Legislation

Crypto regulation is likely to come sooner rather than later in Russia, leading politicians hope – with the ruling United Russia party throwing its weight behind legislative proposals and the Ministry of Energy voicing its support for crypto mining.

06.06 / 15:27

economics Federal Reserve Central Bank Reserve Dollar Dominance and the Rise of Nontraditional Reserve Currencies

Serkan Arslanalpis Deputy Division Chief in the Balance of Payments Division of the International Monetary Fund (IMF)’s Statistics Department; Barry Eichengreen, George C. Pardee and Helen N. Pardee Professor of Economics and Political Science, University of California;Chima Simpson-Bell is an Economist in the IMF’s African Department._______

04.06 / 09:43

Blockchain Adoption Central Bank CBDCs can “kill” private crypto: India's RBI deputy governor to IMF

In discussion with the International Monetary Fund (IMF), T Rabi Sankar, the deputy governor of the Reserve Bank of India (RBI), reflected an anti-crypto stance as he spoke about India’s potential to disrupt the crypto and blockchain ecosystem.

02.06 / 07:49

cryptocurrency Central Bank International Russia's central bank sees space for crypto in international trade

central bank is open to allowing the use of cryptocurrency for international payments, a senior bank official said on Tuesday, in a sign of a possible relaxation of its opposition to digital currencies. «In principle, we do not object to the use of cryptocurrency in international transactions,» the central bank's First Deputy Governor Ksenia Yudaeva said in a briefing with reporters. But Yudaeva reiterated that the bank, as the regulating authority, continues to see the wider use of cryptocurrency in Russia as a financial threat.

01.06 / 12:11

Central Bank Tax Russian Central Bank Prepared to Make Some Concessions on Crypto Regulation

Russia’s staunchly crypto-skeptic Central Bank has indicated that it is prepared to soften its stance on crypto somewhat in order to allow a key piece of legislation to pass – but still favors a block on all domestic crypto-related activity.

25.05 / 18:07

economics Federal Reserve Central Bank Davos Davos Watch: Real Interest Rates to Remain at ‘Nothing or Next to Nothing’ & Higher Inflation Target

Inflation expectations in Europe have consistently drifted upwards, and despite rising nominal interest rates, the real rate is likely to be “nothing or next to nothing,” according to Klaas Knot, President of the Central Bank of the Netherlands. Meanwhile, a professor said that 3% is a more appropriate inflation target than the 2% that is common today.

20.05 / 16:13

regulation Central Bank Tax Russian Crypto Regulation Can’t Be Delayed any Longer, Claims Top MP

Russia’s parliament, the State Duma, will debate a crypto regulation bill that was formulated by the Ministry of Finance at the start of the year in the coming weeks, a senior MP has claimed.

19.05 / 17:41

cryptocurrency Adoption Central Bank Russia to Legalize Crypto for Payments 'In Some Format or Other' - Minister

As Russia’s brutal invasion of Ukraine continues to weigh on the Russian economy, Moscow will sooner or later decide to legalize cryptoassets as a means of payment, as indicated by the country’s Industry and Trade Minister Denis Manturov.

16.05 / 11:29

Adoption Central Bank Bitcoin Bukele ‘44 Nations Meeting in El Salvador to Talk Bitcoin,’ Claims President Bukele

Thirty two central bankers and 12 financial chiefs representing 44 nations will meet in El Salvador later today, per the nation’s President Nayib Bukele, who claimed that – among other things – the group will discuss bitcoin (BTC).

13.05 / 17:31

Europe privacy Central Bank Bitcoin digital euro ECB lays out ‘anonymous’ digital euro as public opposes ‘slavecoins’

The ECB released another working paper on the digital euro, providing an extensive technical analysis of a potential European CBDC and its position in the existing financial system.

11.05 / 18:45

regulation Central Bank Research Support Bank of Israel claims 'public support' for its CBDC project

Despite the fact that it still didn’t make a final decision on the launch of the “digital shekel,” Israel’s central bank reported that the public feedback on the project is mainly positive.

10.05 / 17:33

Adoption Central Bank Coronavirus Financial the bahamas Sand Dollar CBDC Could ‘Foster Financial Inclusion’ in the Bahamas - IMF

The Sand Dollar, a central bank digital currency (CBDC) developed by the Bahamas, has the potential to “foster financial inclusion and payment system resilience” in the Caribbean nation, a new report from the International Monetary Fund (IMF) has said.

what you should know about Central Bank

What is Central Bank and why is it gaining attention?

Central Bank is a significant category that draws public attention. On our site, we regularly publish articles related to this subject.

Where can I find the latest updates on Central Bank?

All recent news about Central Bank can be found in the dedicated section. We publish information regularly.

How can I verify the accuracy of information on Central Bank?

We rely on trusted sources to ensure that the information about Central Bank is reliable and informative for our readers.