U.S. Treasury Janet Yellen calls for ‘strong regulatory framework’ for crypto activities
On the sidelines of the G20 meeting, U.S. Treasury Secretary Janet Yellen said the country is not pushing for an outright banning of crypto activities.
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IMF offers Jordan’s central bank recommendations for implementing retail CBDC
The IMF mission spent three months studying conditions in the country, which is preparing to produce a feasibility report.
BIS head describes ideal ‘unified ledger’ for central banks and other financial users
peaking in Singapore, Agustín Carstens described a ledger that would accommodate a variety of public and private projects in discrete but connectable parts.
US lawmaker introduces bill aimed at limiting Fed’s authority on digital dollar
If passed, the legislation could prohibit the Fed from issuing a digital dollar “directly to anyone”, as well as bar the bank from implementing monetary policy based on a CBDC.
eNaira is ‘crippled’: Nigeria in talks with NY-based company for revamp
After multiple attempts to create an efficient digital currency, the Central Bank of Nigeria is turning to a New York tech firm to revamp the underlying technology.
India expands national payment network to Singapore: What’s in it for crypto?
One of the banking partners in the cross-border remittance service is also part of the government’s CBDC program.
The Bank of Japan to launch its CBDC pilot before May
The Bank decided to launch a pilot program for “digital yen” in April, after finishing its Proof of Concept testing, that has begun in 2021.
Oman to establish regulatory framework for virtual assets
Despite the warnings about investing in digital assets by Oman’s central bank, about 65,000 residents hold cryptocurrencies.
Brainard reportedly moving from the Fed to head National Economic Council
Fed Vice Chair Lael Brainard became vice chair of the Fed after a partisan fight and has been considered for other top positions.
China to launch national blockchain research center
The goal of the new state-supported institution is to speed up the country’s industry through blockchain technology.
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