Central Bank Financial News

01.02 / 11:51

Blockchain Adoption Central Bank India to introduce 30% crypto tax, digital rupee CBDC by 2022-23

In a speech discussing the budget for 2022, Indian finance minister Nirmala Sitharaman announced the launch of a central bank digital currency (CBDC) by 2022-23 as means to boost the country’s economic growth.

31.01 / 20:33

Provident CBDC Digital Central Bank Caribbean CBDC Remains Offline for More Than 2 Weeks Amid Technical Issues

DCash, a central bank digital currency (CBDC) commissioned by the Eastern Caribbean Central Bank (ECCB), has been offline for more than two weeks amid technical issues that continue to affect the platform.

31.01 / 17:25

Ethereum Central Bank Bitcoin Russian Central Bank Still Wants to Ban Bitcoin & Crypto Mining, Despite Backlash

Russia’s crypto-skeptic Central Bank appears ready to climb down over some aspects of its proposed crypto ban – but still wants to ban mining, despite recent comments on the matter from President Vladimir Putin.

29.01 / 04:15

CBDC Adoption Central Bank retail Winter Olympics ‘All Winter Olympics Merchants Now Accept Digital Yuan,’ Say Chinese Banks

The Chinese central bank, the People’s Bank of China (PBoC), is gearing up for what will be the biggest week yet for its digital yuan. And while the token remains officially in its pilot phase, it will be showcased to the world next week as the Winter Olympics begin. Domestic adoption plans will also go into overdrive – as the nation celebrates the Lunar New Year.

27.01 / 05:05

regulation Central Bank Ban less likely? Putin says crypto mining has advantages in Russia

Russian president Vladmir Putin has given crypto enthusiasts a glimmer of hope for the future of digital assets in the country, which have been under threat from a recent push to ban cryptocurrencies and mining.

26.01 / 18:37

economics Federal Reserve Central Bank Bitcoin Bitcoin in an Interest Rate Rising Environment

James Butterfill is Investment Strategist at major European digital asset investment firm CoinShares.____

25.01 / 06:39

CBDC Adoption Central Bank Bank of America Stablecoin adoption Bank of America says stablecoin adoption and CBDC is ‘inevitable’

It appears that the U.S. will finally be moving forward to create its own central bank digital currency (CBDC) according to the Bank of America.

25.01 / 05:22

CBDC Adoption Central Bank National S Korean Presidential Candidates Manifestos Issued as NFTs; Crypto Enters National Statistics

The manifestos of South Korea’s main presidential candidates have been released as non-fungible tokens (NFTs) – as the nation’s March general election takes yet another crypto-flavored turn and Statistics Korea makes a crypto move.

24.01 / 12:23

CBDC regulation Central Bank Bank of Korea completes first phase of digital currency pilot

The Bank of Korea has successfully completed the first phase of its central bank digital currency mock testing started in August 2021.

20.01 / 18:02

Government Law Central Bank Russian central bank proposes blanket ban on crypto mining and trading

In a report published on Thursday, The Central Bank of Russia has called for a blanket ban on domestic cryptocurrency trading and mining.

20.01 / 05:31

CBDC Adoption Central Bank Chinese Central Bank: In Pilote Stage, Digital Yuan Has 261M Active Users

China’s central People’s Bank of China (PBoC) has claimed over 261m users in the nation activated digital yuan wallets by the end of last year – in addition to the 20 million-plus who have downloaded its official pilot app, which was released to marketplaces in some cities earlier this month.

19.01 / 22:18

Stablecoin regulation Central Bank NOT BIS general manager: Central banks generate trust, not big techs or “anonymous ledgers"

In a speech entitled “Digital currencies and the soul of money,” Agustín Carstens, the general manager of the Bank of International Settlements,’ criticized private stablecoins and decentralized finance (DeFi), touting central bank-led financial innovation as the best possible path to the future of money.

19.01 / 00:08

business CBDC Central Bank Swiss 'The risks outweigh the benefits' of a Swiss CBDC, says SNB governing board member

Andréa Maechler, a member of the governing board for the Swiss National Bank, or SNB, has reportedly altered her position on the central bank issuing a digital franc.

18.01 / 11:53

CBDC Adoption Central Bank 20m+ Chinese Now Reportedly Using Central Bank’s Digital Yuan App

Over 20m people have now downloaded the central People’s Bank of China (PBoC)’s digital yuan app, media outlets in the country have reported.

18.01 / 04:51

Blockchain CBDC Adoption Central Bank Malaysia’s Central Bank actively assessing CBDC options

Malaysia has joined the growing cadre of nations that are exploring the value of researching and developing a central bank digital currency (CBDC).

17.01 / 12:27

Blockchain Stablecoin Adoption Central Bank CBDCs and stablecoins: EY advises banks to ‘prepare for what's coming’

Big Four accounting firm EY has recommended that banks should change their regulatory perimeter to address the oncoming launches of state-backed central bank digital currencies (CBDC) and private stablecoins.

13.01 / 17:06

Blockchain Adoption Central Bank Swiss wholesale Swiss central bank tests wholesale CBDC with commercial partners

Switzerland took another step to clarify the roadmap for integrating central bank digital currencies (CBDC) into the current financial system.

13.01 / 14:25

Central Bank banking BIS Claims a CBDC Interoperability Victory – While US Congressman Bids to Block Digital USD

The Bank for International Settlements (BIS) says it has made another breakthrough in its central bank digital currency (CBDC) interoperability project – claiming that it has “successfully tested” the integration of wholesale CBDC settlement with commercial banks.

11.01 / 15:33

CBDC Adoption Central Bank Winter Olympics International Digital Yuan Ready for International Olympic Showcase at Beijing 2022 Games

China will allow overseas visitors from around the world to use its digital yuan for the first time at next month’s Winter Olympics, the central People’s Bank of China (PBoC) has confirmed.

11.01 / 04:21

CBDC Adoption Central Bank Winter Olympics Chinese App Marketplaces Report Massive Growth in Digital Yuan Wallet Downloads

China is teasing the launch of its digital yuan again, riding a wave of adoption with just weeks to go until the Winter Olympics in Beijing – the event the government hopes will finally allow the central People’s Bank of China (PBoC) to showcase its coin to the world.

10.01 / 13:47

Forecast Adoption Central Bank banking CBDCs in 2022: New Trials and Competition with Crypto

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