Search Results for "strategic reserve"
The Reserve Bank of Australia Refuses to Join the CBDC Bandwagon
The Reserve Bank of Australia (RBA) has refused to join the bandwagon with respect to the development and issuance of a Central Bank Digital Currency (CBDC).
Reserve Bank Of New Zealand Wants to Preserve Cash, Monitors CBDC Developments
The Reserve Bank of New Zealand—Te Pūtea Matua—is seeking to preserve the benefits of cash but is paying close attention to the future of money and CBDC development.
Federal Reserve Backs Ethereum Powered AMERIBOR as a Viable Replacement in Setting Interest Rates
US Federal Reserve Chairman Jerome Powell backs the replacement of LIBOR with AMERIBOR. AMERIBOR is an Ethereum based lending protocol that is aimed at removing the inadequacies of the LIBOR index.
Senate Hearing Views Digital Dollar CBDC as Critical to Maintaining Global Reserve Currency Status
The United States government’s plan for its digital dollar or central bank digital currency (CBDC) may have just reached a new level of urgency, as the US hopes to maintain its most effective tool of power—global dependence on the Federal Reserve and the US dollar.
Former Canadian Prime Minister Sees Bitcoin As A Potential Future Reserve Currency
Stephen Harper, the former prime minister of Canada, has named Bitcoin as a possible reserve currency in the future.
Reserve Bank of India Says Banks Are Authorized to Provide Accounts to Cryptocurrency Traders
The Reserve Bank of India recently responded to an information query, saying that Indian banks are not prohibited from dealing with crypto businesses.
Central Banks Could Monopolize Commercial Banking Sector via CBDC, Says Federal Reserve
A new working paper from the Federal Reserve Bank of Philadelphia indicates that the development of a central bank digital currency (CBDC) may create a fundamental shift in the way banks operate.
The Reserve Bank of India Has its Eyes on CBDC
The Governor of the Reserve Bank of India says the monetary authority is “very much in the game” to launch a CBDC.
Federal Reserve Bank of Boston Partners with MIT to Research How Crypto Can Co-exist with the Dollar
The Federal Reserve Bank of Boston has partnered with the Massachusetts Institute of Technology (MIT) to research the feasibility of cryptocurrencies co-existing with fiat currencies
Federal Reserve Votes to Keep Inflationary Monetary Conditions as US Economy Heals
Federal Reserve officials voted at the Federal Open Market Committee (FOMC) meeting to maintain the same monetary conditions that have aided Bitcoin's 2020 price surge.
Reserve Bank of Australia Meeting Finds No Strong Case for CBDC or e-AUD
The Reserve Bank of Australia has found no strong public policy-case to issue a retail central bank digital currency (CBDC).
Bitcoin Plummets as Fed Reserve Chair Jerome Powell Confirms Inflation Strategy Will Not Change
Federal Reserve chairman Jerome Powell has confirmed that the central bank’s monetary strategy regarding inflation will not change.