News

Chile’s apex bank, Banco Central de Chile is exploring more research options to determine whether it will issue a Central Bank Digital Currency (CBDC) or not

Jonas Gross spoke with Cointelegraph about the digital euro’s risks for private banks and the goals of the ECB.

The ECB drops another working paper on the digital euro, causing more outrage from Europeans opposing a central bank digital currency.

Chile’s planned start to its digital peso rollout in early 2022 has been held back while its central bank conducts more analysis to inform a new report by the end of the year.

The effort will include issuing guidance for NFTs and ICOs, expanding infrastructure and supporting CBDC research.

BCCH to carry out public outreach but says existing payments system may be enough

The Central Bank of Nigeria (CBN) has announced the upgrade to its Central Bank Digital Currency (CBDC) dubbed the eNAIRA.

Stakeholders believe that the digital shekel would boost competition, but remain divided on the matter of privacy.

Israeli digital currency should comply with global information security standards

The report points out stablecoin’s possible low stress resistance and overuse in leveraged cyptocurrency trading, reiterates its position on CBDC.

The Bank of Tanzania is actively introducing a CBDC to strengthen the domestic payment system.

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 sector.

BIS survey finds 90% of central banks now working on digital currencies

In addition to recommending the financial education of the public in the Bahamas, the IMF hinted at the importance of a “robust supervisory and regulatory framework” for digital assets.

90% of apex banks have shown intentions of rolling out central bank digital currencies (CBDCs), according to a study by the Bank for International Settlements (BIS).