Bank of Russia Says New Digital Assets Bill Will Outlaw Crypto Trading, Issuance
The central bank is in favor of digital securities, but maintains cryptocurrencies shouldn't be allowed in Russia.
The research explores how "central banking for all" via digital currency could affect commercial banks.
The filing details a way for fiat currencies, like the U.S. dollar, to be turned into a central bank digital currency.
The Bank for International Settlements appears to contradict its own prior statements in a new digital payments report.
Analysts from the U.K.'s central bank said private currencies could work alongside any future CBDC initiative if they offered real utility.
Sweden’s Riksbank says its digital currency researchers are the best in central banking.