central bank
Hong Kong's Highest-Profile FinTech Consultant: Libra Puts CBDCs to the Top of the Central Banks' Agenda
Blockchain.News interviewed Arslanian at the Asian Financial Forum held in Hong Kong earlier this month, where he was invited to speak on the development of FinTech.
central bank
Bahamas Ranks First as The Country with Most Advanced Retail CBDC Development
The Bahamas narrowly beats Cambodia because its CBDC is available to all citizens.
central bank
(Rejected) Saudi Arabia and The United Arab Emirates Central Banks Reveal Results of Joint CBDC Pilot Tests
The Central Bank of Saudi Arabia and the Central Bank of the United Arab Emirates have released a report of joint CBDC trial tests.
central bank
Bitcoin and Bad Guys
With Bitcoin a growing number of people have been choosing to opt-out of the traditional financial system, and others have even chosen to use the cryptocurrency to circumvent regulation altogether, leading to its unfortunate connection with illegal activity and shady characters.
central bank
Global Economy on Thin Ice: Slow Growth, High Uncertainty, Fragile Confidence
Global growth is slowing, with GDP forecasted to drop from low 3% to low 2% amid rising policy uncertainty and high inflation, leaving the economy fragile and cautious.
central bank
India’s Former Finance Secretary Claims Currencies Will Be Digital While Cryptocurrencies Won’t Survive
It’s always good to listen to experts’ opinions. They will tell what can be done and what can’t be done and why. This time round, India’s former Finance Minister – Subhash Chandra Garg – has come out to give some horrific revelations about the downfall of cryptocurrencies while central banks will massively embrace digital currencies. Perhaps, let’s have a look at what this professional finance guru says.
central bank
Cambodia Officially Launches Its State-Backed Digital Currency “Bakong”
The National Bank of Cambodia has announced an official launch of a national digital currency that would operate via smartphone apps.
central bank
Latin America's Macro Crossroads: From Crisis Hangover to Nearshoring, Rate Cuts, and New Risks
Latin America is projected to grow 2% in 2024, driven by recovery in Argentina and Brazil. Inflation is down, with potential rate cuts ahead, but risks remain high.
central bank
Central Bank Official: Blockchain Application Ideal for Chinese Commercial Banks
Li Wei, the Technology Departmental Head of the People’s Bank of China, has urged Chinese commercial banks to embrace blockchain and digital finance.
central bank
Bank of Lithuania Launches First Blockchain-Based Digital Collector's Coin As Test for CBDC
The Bank of Lithuania has launched the first central bank-produced digital collectors coin dubbed “LBCOINS” as part of its trial of blockchain technology and testing in its development of central bank digital currencies.
central bank
Understanding the Profound Impact of Stablecoins on Traditional Finance
Stablecoin is a compromise on absolute money issuance power and the adoption of disruptive blockchain technology. Stablecoin will have a profound impact on the infrastructure of future financial systems.
central bank
BIS and Global Central Banks to Explore Asset Tokenization in "Project Agora"
The BIS collaborates with major central banks to study asset tokenization's potential to enhance the monetary system and cross-border efficiencies.