central banks

Buddha point, Thimphu, Bhutan (Passang Tobgay/Unsplash)
Ripple to Pilot Bhutan’s CBDC Using Private Ledger
The test is part of Bhutan’s goal to bring its population to 85% financial inclusion status by 2023.
Buddha point, Thimphu, Bhutan (Passang Tobgay/Unsplash)

(Lucas Schifres/Getty Images)
China Has Completed ‘Rectification’ of Crypto Transactions: PBOC
The country’s central bank has warned banks and payment services providers to stay away from virtual currencies.
(Lucas Schifres/Getty Images)

A street in Havana (CoinDesk archives)
Cuba Regulates the Use of Virtual Assets for Commercial Transactions
In a resolution, the country’s central bank also stipulated rules for granting licenses to institutions handling cryptocurrencies.
A street in Havana (CoinDesk archives)

Minneapolis Fed President Kashkari on Crypto Market: ‘Thousands of Garbage Coins’
Minneapolis Fed President Kashkari on Crypto Market: ‘Thousands of Garbage Coins’
CoinDesk’s Nikhilesh De discusses what to make of Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, criticizing bitcoin and cryptocurrency in general. “It’s...
Minneapolis Fed President Kashkari on Crypto Market: ‘Thousands of Garbage Coins’

Kingston, Jamaica.
Jamaica's Central Bank Says It Would Need Court Order to Track CBDC Transactions
The bank said it would only capture general transaction data for its economic analysis and assessments.
Kingston, Jamaica.

The European Union's flag
Ireland's Central Bank Governor Says Digital Euro Is 'Very Likely'
Introducing a digital euro would represent a "fundamental shift" in the eurozone's financial architecture, Governor Gabriel Makhlouf noted.
The European Union's flag

Lagos, Nigeria
Nigeria's Central Bank Digital Currency Pilot to Start Oct. 1
Rakiya Mohammed, the bank's information technology director, revealed the date during a private webinar on Thursday.
Lagos, Nigeria

People's Bank of China
China's Central Bank 'Worried' Stablecoins Pose Risk to Financial System
Global stablecoins "may bring risks and challenges to the international monetary system," said PBOC's Fan Yifei.
People's Bank of China

BIS headquarters in Basil, Switzerland.
BIS Says Bitcoin Has Few Redeeming Attributes
Cryptocurrencies are "speculative assets rather than money" used in many cases to facilitate financial crime, the central bank organization said.
BIS headquarters in Basil, Switzerland.

Tanzania Mourns Late President Magufuli
Tanzania's President Urges Central Bank to Prepare for Crypto
The president's speech follows El Salvador's adoption of bitcoin as legal tender.
Tanzania Mourns Late President Magufuli