Search Results for “Central Bank”

Central Bank Digital Currency Transactions to Reach $213 Billion Annually by 2030, Research Shows

March 15, 2023 admin CBDC, central bank digital currency, central bank digital currency forecast, central bank digital currency transactions, Featured

A new study shows that payments via central bank digital currencies (CBDCs) are expected to reach $213 billion annually by

News

Ghanaian and Nigerian Central Bank Open Respective Regulatory Sandbox Application Processes

January 29, 2023 admin Bank of Ghana, Central Bank of Ghana, financial inclusion, Fintech, Regulatory Sandbox

The Ghanaian and Nigerian central banks have invited financial innovators that wish to be included in their respective regulatory sandboxes

News

New Nigerian Central Bank Document Discusses Regulation of Stablecoins and ICOs

January 10, 2023 admin Africa, Cashless Economy, Central Bank of Nigeria (CBN), Digital Currencies, initial coin offerings (ICOs), Nigeria Securities and Exchange Commission (NSEC), Nigerian Securities and Exchange Commission (NSEC)

According to a recently unveiled document, the Nigerian central bank will in the future be open to developing a regulatory

News

China’s Digital Yuan Little Used, Former Central Bank Official Says

December 31, 2022 admin CBDC, CBDCs, Central Bank, China, chinese, Circulation, Crypto, Cryptocurrencies, Cryptocurrency, Digital Currency, Digital Yuan, Finance, former official, Official, PBOC, trials, use, use cases, Yuan

Trials of the digital yuan have produced disappointing results, according to a report quoting the former head of research at

News

Report: Nigerian Security Agency Seeks to Arrest Central Bank Governor on Charges of Funding Terrorists

December 27, 2022 admin Africa, Cashless, cbn, Central Bank of Nigeria (CBN), Department of State Services (DSS), Godwin Emefiele, Muhammadu Buhari

The Nigerian security agency, the Department of State Services (DSS), has reportedly instructed its operatives to arrest the Central Bank

News

Zimbabwean Central Bank Launches CBDC Consumer Survey

November 11, 2022 admin Africa, CBDC, central bank digital currency, Cryptocurrency, rbz, Reserve Bank of Zimbabwe, zim dollar

The Zimbabwean central bank has said it is “conducting a CBDC [central bank digital currency] Consumer Survey to solicit opinions

News

Cryptocurrencies Affect Central Bank Tasks, Dutch Monetary Authority Says, Urges Global Regulation

November 9, 2022 admin Bitcoin, Central Bank, Crypto, Cryptocurrencies, Cryptocurrency, De Nederlandsche Bank, Ethereum, monetary authority, Netherlands, objectives, Regulation, Regulations, regulator, rules, Stablecoins, supervisory authority, Tasks, Tether

Convinced that cryptocurrencies are affecting the tasks performed by monetary authorities around the world, the Dutch central bank has urged

News

Eswatini Central Bank Partners With German Firm to Explore CBDC

October 19, 2022 admin Africa, CBDC, Central Bank of Eswatini, Digital Currency, digital lilangeni, Giesecke Devrient, IMF, Phil Mnisi, World Bank

Eswatini recently became the latest African country to jump on the central bank digital currency (CBDC) bandwagon after its central

News

Canada’s Tiff Macklem Insists ‘Rate Increases Are Warranted,’ Canadian Columnist Says Central Bank’s Governor ‘Needs to Go’

October 10, 2022 admin Bank of Canada, Bank of Canada governor, Canada inflation, Canadian Central Bank, Canadian columnist, CBC Radio interview, Central Banks, COVID-19, Economics, Fed, Federal Reserve, government spending, Governor Macklem, harvest, inflation, inflation in Canada, Inflation rising, interest rate, Justin Trudeau, Lorne Gunter, Macklem, Ottawa Sun, pandemic, rate hikes, Tiff Macklem, Trudeau government, warranted rate hikes

Canadians have been dealing with rising inflation and the Bank of Canada raising the benchmark interest rate following more than

News

Nigerian Central Bank Hikes Key Interest Rate Just Days After Naira Plunges to New Low

September 28, 2022 admin Africa, Black market exchange rate, Central Bank of Nigeria, inflation rate, monetary policy committee, monetary policy rate, MPC, naira depreciation, naira exchange rate

Following the latest meeting of the monetary policy committee, the Central Bank of Nigeria says it has hiked the monetary

← Previous

Balaji Srinivasan Says Hyperinflation Happening Now — Makes Million-Dollar Bets on Bitcoin Price Exceeding $1M in 90 Days
Venture capitalist and angel investor Balaji Srinivasan says hyperinflation is happening now. Expecting the price of bitcoin to soon hit $1 million, he is making million-dollar bets that it will happen in 90 days. Srinivasan also advised investors to buy bitcoin, which he believes to be “a hedge against hyperinflation, monetary debasement, bank freezes, and
FTX Debtors Reveal $6.8 Billion Hole in Balance Sheet Amidst Financial Discrepancies and Payments to Insiders
According to a presentation recently submitted by the FTX debtors on March 16, Sam Bankman-Fried’s companies had a $6.8 billion hole in their intercompany balance sheet when they filed for Chapter 11 bankruptcy protection. FTX and its conglomerate of firms have debts of around $11.6 billion, including customer claims and various other liabilities. FTX’s $6.8
LIVE: Watch stocks trade in real time as First Republic’s slide rattles Wall Street — 3/17/2023
The Dow Jones Industrial Average fell Friday as investors remained skittish on First Republic and other banks amid the industry’s crisis. First Republic slid 20% despite gaining nearly 10% in the previous session. The stock got a boost Thursday when a group of banks said it would aid First Republic with $30 billion in deposits
Russian Crypto Industry Queries Government About Proposed Criminal Liability for Miners
The organization representing Russia’s crypto sector has asked the government in Moscow to clarify a proposal to introduce criminal liability for “gray” miners. The draft legislation seeks to punish those who fail to report their income to the state and share information about their digital assets. Crypto Companies in Russia Want to Take Part in
We’re in the middle of the banking crisis, says Odeon’s Dick Bove
Dick Bove of Odeon Capital, Herb Greenberg of Empire Financial Research and Liz Hoffman, Semafor business and finance editor, join CNBC's Brian Sullivan and 'Last Call' to discuss the recent banking crisis and how it could impact the Fed's rate decision next week.