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Central Banks

Nigeria’s eNaira set to launch on Monday: Report

Nigeria will launch its digital currency tomorrow following the earlier delay. eNaira will launch tomorrow The Central Bank of Nigeria (CBN) will launch its digital...

24 Oct 2021

Hassan Maishera

Central Banks

IMF sees the use of crypto assets as a threat to the global economy

The IMF released its semi-annual Global Financial Stability Report and warns countries that are adopting crypto as a national currency comes with significant risks suggesting...

14 Oct 2021

Stan Colenbrander

Central Banks

Nigerian central bank plans to launch digital currency within days

According to Reuters, The Central Bank of Nigeria (CBN) will launch the eNaira digital currency in a few days, Governor Godwin Emefiele said at a...

07 Oct 2021

Stan Colenbrander

Central Banks

Hong Kong releases white paper exploring a retail CBDC

The Hong Kong Monetary Authority has published a technical white paper exploring the possible architectures and design options that Hong Kong could adopt for a...

04 Oct 2021

Stan Colenbrander

Central Banks

Bitcoin price plunges after news that China is banning crypto transactions

The bitcoin price has fallen back below $45,000 after China’s central bank announced in a memo that it will ban all cryptocurrency transactions. New rules...

24 Sep 2021

Stan Colenbrander

Central Banks

Payments giant Nexi is working on the digital Euro with the ECB

The European Central Bank is already working on the digital Euro. Nexi is working on the digital Euro with the ECB Italian payments giant Nexi...

22 Sep 2021

Ben O'Connor

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 timeline for...

27 Aug 2021

Stan Colenbrander

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 crypto services...

18 Aug 2021

Stan Colenbrander

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 involved in...

17 Aug 2021

Stan Colenbrander

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 the second...

31 Jul 2021

Hassan Maishera

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 several issues....

16 Jul 2021

Stan Colenbrander

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 investigation phase...

14 Jul 2021

Stan Colenbrander