UK Government Pursues Digital Pound While Bank CEOs Restrict Bitcoin Access
The UK continues to show its desire for a digital pound, just as its companies try to limit access to Bitcoin. The Bank of England and the UK Treasury have…
Bank of America
CBDC
China
Federal reserve
inflation
jamie dimon bitcoin
jpmorgan
Market Trajectory
Markets
morgan stanley
The Weekly
JPMorgan CEO Says BTC Is Fraudulent, a ‘Pet Rock;’ Bank of America Says CBDCs Are ‘Natural Evolution’ — Bitcoin.com News Week in Review
JPMorgan CEO Jamie Dimon has reiterated his supposed skepticism of bitcoin, recently calling it a “hyped-up fraud,” and a “pet rock.” For it’s part, Bank of America has said that…
CBDC
CBDC risk
CBDCs risks
financial innovation
Fintech
Mohammed Al-Jadaan
Privacy
Saudi Central Bank (SAMA)
Saudi Central Bank Says Ongoing CBDC Experiment Focused on Domestic Wholesale Use Cases
Saudi Arabia’s central bank digital currency (CBDC) experiment, which is being carried out in conjunction with local banks and fintechs, is presently focused on domestic wholesale uses cases, the central…
amendments
Bank of Russia
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Changes
Crypto
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digital ruble
draft law
Finance
issuance
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Law
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Russia
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Wallets
Bill on Digital Ruble Submitted to Russian Parliament
A draft law devoted to the digital ruble has been filed with the State Duma, the lower house of Russian parliament. The legislation introduces rules determining how the new form…
CBDC
Cbdcs
central bank
China
chinese
Circulation
Crypto
Cryptocurrencies
Cryptocurrency
Digital Currency
Digital Yuan
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former official
Official
PBOC
trials
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Yuan
China’s Digital Yuan Little Used, Former Central Bank Official Says
Trials of the digital yuan have produced disappointing results, according to a report quoting the former head of research at the Chinese central bank. The new form of national fiat…
CBDC
CBRT
central bank
Central Bank of Turkey
Digital Currency
digital lira
digital Turkish lira
Finance
Lira
payment transactions
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tests
Trial
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Turkey
Turkish
Central Bank of Turkey Reports First Payment Transactions on Digital Lira Network
The Central Bank of the Republic of Turkey (CBRT) has conducted the first payment transactions on the test network of the digital lira. The monetary authority intends to proceed with…
CBDC
central bank
Digital Currency
digital euro
Distribution
Ecb
Euro
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intermediaries
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Payments
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Wallets
ECB to Decide Whether to Issue Digital Euro in 2023
The European Central Bank (ECB) has published a new report on the progress of its investigation into the possible launch of a digital euro. The research will continue next year…
Nigerian Central Bank Increases Cash Withdrawal Limits After Receiving ‘Feedback From Stakeholders’
Barely a month after announcing the restricting of cash withdrawals to under $50 per week, the Central Bank of Nigeria said on Dec. 21 that individuals will be able to…
Bank of Spain
Blockchain
CBDC
central bank digital currency
Collaboration
digital euro
Spain
Wholesale
Bank of Spain to Launch Experimental Wholesale CBDC Digital Token Program
The Bank of Spain is seeking the collaboration of organizations interested in participating in an experimental test on a wholesale central bank digital currency (CBDC). The institution clarified this new…
Bank of Brazil
Blockchain
Brazil
CBDC
central bank digital currency
digital real
European Union
Federal reserve
New York
roberto campos neto
President of Bank of Brazil Shows ‘Open Finance’ Digital Real Concept Featuring Stablecoin Integration and Payments Functionality
Roberto Campos Neto, president of the Bank of Brazil, explained the role that the Brazilian central bank digital currency (CBDC), the digital real, might play in the future of personal…