Browsing the "Central Banking" Tag

The Era of Central Bank Digital Currencies Is Within Reach

| Kevin Rutter

A phased roll-out of a central bank digital currency is not only possible, but may be what certain regions need, says R3's research lead.

ECB Official Calls Bitcoin ‘Evil Spawn of the Financial Crisis’

| Nikhilesh De

ECB executive board member Benoît Cœuré has discussed potential uses for blockchain at central banks, but he's really not keen on bitcoin.

IMF Chief Calls for Exploration of Digital Currencies

| Yogita Khatri

Christine Lagarde, head of the IMF, encouraged the exploration of central bank digital currencies in a speech on Wednesday.

Most Central Banks Back Digital Currency If DLT Improved: IBM Survey

| Wolfie Zhao

A new IBM survey finds most central banks polled back issuing a wholesale digital currency, but are still uncertain about blockchain's efficiency.

PBoC Is Seeking Blockchain Talent to Help Build Its Central Bank Crypto

| Wolfie Zhao

China's central bank is looking to recruit blockchain tech and legal experts as it continues development of a yuan-based digital currency.

India’s Central Bank Denies ‘Formal Creation’ of Blockchain Unit

| Aditi Hudli

The Reserve Bank of India has denied officially forming a new unit to research AI and blockchain technology, despite reports to the contrary.

PBoC-Backed Blockchain Trade Finance Platform Enters Test Phase

| Wolfie Zhao

A blockchain trade finance platform spearheaded by the People's Bank of China has entered the testing phase ahead of an official roll-out.

2 APAC Nations Have Ruled Out Central Bank Digital Currencies

| Wolfie Zhao

The central banks of both Australia and New Zealand have said they do not plan to create their own digital currencies – at least for now.

Bank of Korea: Central Bank Cryptocurrencies Pose ‘Moral Hazard’

| Daniel Palmer

South Korea's central bank has announced that it does not plan to launch its own digital currency over fears it could destabilize the economy.

Russian Institutions to Trial Central Bank ICO Platform

| Wolfie Zhao

Two financial institutions are set to test a regulatory platform set up by the Bank of Russia that aims to make ICOs more transparent and secure.