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India’s central bank, the Reserve Bank of India (RBI), has expressed concerns that cryptocurrencies could lead to the dollarization of a part of the Indian economy. “It will seriously undermine…
Does government-issued digital money pose an existential threat to cryptocurrencies? Probably not, but stablecoin usage could narrow.
A survey carried out by the central bank of Israel has returned mostly positive responses from stakeholders regarding the possible issuance of a digital shekel currency. Many of the participants…
The ECB drops another working paper on the digital euro causing more outrage from Europeans opposing a central bank digital currency.
The Senate has confirmed Jerome Powell to serve another four-year term as the leader of the Federal Reserve. As chairman of the Federal Open Market Committee, the Fed’s monetary policymaking...
Stakeholders believe that the digital shekel would boost competition, but remain divided on the matter of privacy.
Nigeria’s central bank has upgraded its eNaira to steer the country away from crypto even after a UN report stated that restrictions on digital currencies are stifling the nation's fintech…
The Central African Republic adopting crypto puts monetary stability in “peril” according to a letter from the Governor of the Bank of Central African States.
Many of the financial pyramids identified in Russia during the first quarter of the year have been associated with cryptocurrencies, a top central bank official has revealed. Fraudsters are actively…
“Globally, more than two-thirds of central banks consider that they are likely to or might possibly issue a retail CBDC in either the short- or medium-term,” said the BIS.