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.
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Bitcoin must leverage $1T central bank liquidity to beat sellers — research
BTC price action is all but guaranteed to benefit from extra central bank liquidity, but the journey higher is fraught with difficulty, says QCP Capital.
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.
Montenegro’s central bank teams up with Ripple on digital currency pilot project
Montenegro’s prime minister announced a central bank “digital currency or stablecoin” project with Ripple; the Balkan country currently uses the euro instead of a national currency.
Crypto Bank Custodia Denied Membership in US Federal Reserve System
The U.S. Federal Reserve Board has rejected the attempt of Custodia Bank to become member of the Federal Reserve System. According to the decision announced Friday, the application submitted by…
Fed denies Custodia Bank application to join the Federal Reserve System
The bank applied for the application in 2019 and sued the Fed in an attempt to speed up the decision.
ChatGPT learns Bitcoin will end central banking and fiat currency
A Bitcoin mentor convinced ChatGPT, the AI chatbot, that Bitcoin would bring about the demise of fiat currency.
Ireland’s Central Bank Governor calls for ban on crypto ads targeting young adults: Report
Gabriel Makhlouf reportedly said there was an “uncomfortable” level of crypto advertisements targeting young adults.
Going cashless: Norway’s digital currency project raises privacy questions
At this point, the test network for the Norwegian CBDC uses not the public Ethereum ecosystem, but a private version of the enterprise blockchain Hyperledger Besu.
Spain’s central bank approves euro-linked token pilot as part of sandbox initiative: Report
To use the tokens, users will need to verify their identity through phone and video identification, and load their wallet with real euros.
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