Central Banks Archives

Central Banks

Trials for digital rupee could start by December

The Reserve Bank of India (RBI) thinks it is able to launch its first digital currency trial programs in December. There is a...

Central Banks

Dutch central bank warns costumers against Binance

According to a statement from the Dutch central bank, Binance offered its services in the Netherlands without the required registration. Binance illegally offers...

Central Banks

China’s Central Bank shuts down 11 trading companies

The Shenzhen branch of the People’s Bank of China is cracking down on illegal forex and cryptocurrency trading firms, shutting down 11 companies...

Central Banks

People’s Bank of China will keep up pressure on the cryptocurrency market

China has been tough on cryptocurrencies over the past few years, and the central bank said it would keep up the pressure in...

Central Banks

China releases white paper of its digital yuan

The People’s Bank of China has published a white paper for the e-CNY or digital yuan. It includes an English version and clarifies...

Central Banks

ECB plans to launch digital euro project

The European Central Bank (ECB) said it gives the green light to move from discussion to exploration to develop a digital euro. The...

Central Banks

Mexico puts out opposing statement to billionaire’s plan for Bitcoin

Mexico’s central bank issued a statement Monday saying cryptocurrencies like Bitcoin are not legal tender and cannot be used in the country’s financial...

Central Banks

Israel has already tested its digital shekel CBDC

Central banks globally are preparing for CBDC deployment, and Israel is one of the countries to have made significant progress in this quest....

Central Banks

PBOC asks Chinese banks to block cryptocurrency transactions

Chinese authorities have increased their efforts to crack down on cryptocurrency mining and trading activities, with more financial institutions now getting involved. PBOC...

Central Banks

Prepare for crypto adoption, Tanzanian president tells the central bank

Tanzania could be edging closer to cryptocurrency adoption after the president urged the central bank to prepare for it. Cryptocurrency adoption is coming...

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