Nigerians unsure of benefits as CBN speeds up enlightenment on eNaira
AMARACHI ORIJIUDE, in this write-up, examines eNaira proposed by the Central Bank of Nigeria and fears expressed by Nigerians For ...
Wednesday, May 18, 2022
Month: September 2021
Digital currencies can result in speedier settlement: BIS
Digital currencies, according to a paper released by the Bank of International Settlements (BIS) and a group of central banks, ...
Fed’s Powell has no intent to ban Bitcoin or crypto
United States Federal Reserve Chairman Jerome Powell believes the federal government needs to regulate the cryptocurrency market but that a ...
Fed won’t ban private stablecoins, Powell says
WASHINGTON — Federal Reserve Chair Jerome Powell clarified that the central bank is not seeking to eliminate private-sector stablecoins and ...
New money: Central banks lay out operating manual for digital cash
Pound and U.S. dollar bills are seen in this illustration taken January 6, 2020. REUTERS/Dado Ruvic/Illustration/File PhotoRetail CBDC must be ...
Raghuram Rajan urges caution on central bank digital currencies
Mr. Rajan’s remarks assume significance as the Reserve Bank of India has announced plans to progressively move towards introducing a ...
Central bank digital currencies may not replace crypto, BIS says
Central banks are jostling with private-sector operators of stablecoins to dominate digital money and protect consumers, the global body for ...
It says it has a “universal adapter” linking merchants, blockchain systems and customers.
On Thursday, Visa announced a plan to create a system that would allow automatic conversion between different Central Bank Digital ...
Caribbean Currency Convertibility in an Era of Central Bank Digital Currency- (Working Papers, WP05/2021)
Working Papers WP 05/2021 September 2021 Caribbean Currency Convertibility in an Era of Central Bank Digital Currency Kevin Finch, Chantal ...
Digital currencies will force change across cash management
Digital currency transactions could require banks to change the way they manage their intraday liquidity to enable clients to make ...