Central Bank Archive

Digital Euro to Handle ‘Almost Unlimited’ Payments, Estonian Central Bank Says After Test

A blockchain-based digital euro would be highly scalable allowing it to process an almost

Report: Nigeria to Start Piloting Digital Currency in October

The Central Bank of Nigeria (CBN) has reportedly set October 1 as the commencement

French Central Bank Conducts Fifth Experiment on Tunisia CBDC

The French central bank, Banque de France (BOF), recently carried out its fifth experiment

As the Stock Market Dives Report Shows ‘US Households Now Have Record High Exposure to Stocks’

While inflation has kicked up in the U.S., following the massive stimulus issued by

Digital Euro Project Gets Going as ECB Launches Investigation Phase

After months of deliberation, the European Central Bank has decided to proceed with a

New York Fed Survey Shows Inflation Expectations Highest Ever Recorded

American inflation expectations have surged according to the results of the latest New York

Bank of Ghana Deputy Governor Says ‘Central Bank Digital Currency Is Fiat Money,’ Reveals Pilot Phase Will Start September

Ghana’s proposed central bank digital currency is similar to fiat cash and therefore financial

China Has Dispersed Over $40 Million of Digital Yuan in Red Envelopes, Report Reveals

China, which has arguably the most advanced digital currency project among leading nations, has

Survey: Financial Sector Wants Ukraine’s CBDC to Facilitate Transactions in the Crypto Market

A survey conducted among financial professionals has indicated that the industry wants Ukraine’s future

Thailand Sees Rising Adoption of Cryptocurrencies as Means of Payment — Warns of Risks

Bank of Thailand says a growing number of companies are asking for payments in

Chinese Bank Employees Told to Entice 300 Customers to Use the Digital Yuan

In mid-May, a report stemming from residents in Shenzhen, China explained that the digital

Japanese Ruling Party Official Says Digital Yen Clarity Will Be Revealed in 2022

While the U.S. ramps up discussions of a digital dollar and China’s central bank

Prime Minister of Vietnam Asks Central Bank to Pilot Digital Currency

Pham Minh Chinh, the prime minister of Vietnam, has asked the country’s central bank

Brian Armstrong Meets With Fed Chair Jerome Powell – ‘US Needs to Be a Major Crypto Player to Stay Relevant’

According to Jerome Powell’s conference calendar, the CEO of Coinbase, Brian Armstrong, met with

Bank of Russia to Study Risks of Crypto Investing With Banks and Payment Providers

The Central Bank of Russia (CBR) has set out to examine the risks associated

Bank of Tanzania Hints at Possible Crypto Ban Reversal as Spokesman Confirms Bank Is ‘Working on the Directives Given’

In a hint that Tanzania might soon reverse its 2019 crypto ban, an unnamed

Palestinians Ponder Digital Currency as Move for Monetary Independence

The Palestine Monetary Authority is exploring the possibility of issuing its own digital currency.

Bank of France, Swiss Crypto Bank Test Securities Settlement Using CBDC

The Bank of France has successfully completed an experiment involving the use of CBDC

Iran Seizes 7,000 Bitcoin Mining Machines

Iranian police have reportedly seized 7,000 bitcoin mining machines operating illegally in the country.

PBOC Instructs China’s Banks to Forbid All Cryptocurrency Related Activities Immediately

China’s central bank has sent notice to the country’s financial institutions instructing them to

Tanzanian President Wants Central Bank Chiefs to ‘Prepare for Cryptocurrency’

Tanzanian President Samia Suluhu Hassan has urged her country to be ready for emerging

Cuba’s Central Bank Suspends US Dollar Deposits Nationwide – Officials Cite Embargo ‘Obstacles’

The Republic of Cuba is suspending the use of U.S. dollars due to embargo

‘All Banks Go Fintech’: Hong Kong Unveils ‘Fintech 2025’ Strategy

The Hong Kong Monetary Authority (HKMA) plans to guide local banks towards full adoption

Hong Kong to Connect Digital Yuan With Domestic Payments System in Cross-Border Trials

Financial authorities in Hong Kong have announced a second phase of trials for mainland

Kalashnikov Eyes Digital Ruble Settlements as Russia Aims to Replace ‘Dirty Money’

Kalashnikov Group, the Russian firearms manufacturer, is ready to transition to settlements in digital

Bank of Ghana ‘in the Advanced Stages of Introducing a Digital Currency’— Governor Repeats Anti-Cryptocurrency Claims

The governor of Ghana’s central bank, Ernest Addison, has said his institution is now

ECB: Digital Euro to Boost Global Appeal of European Money, Fight ‘Artificial Currencies’

The digitization of traditional currencies like the euro has the potential to increase their