central bank News

Kyrgyzstan’s central bank has proposed amendments to the law to legalize its digital currency as a legal tender. The National Bank of Kyrgyzstan has initiated public discussions on constitutional law amendments aimed at integrating its own digital currency — known…

The Bank of Russia is set to launch the digital ruble for widespread use by July 2025, following successful pilot tests. Russia’s central bank, the Bank of Russia, could launch its central bank digital currency — also known as the…

Bundesbank chief Joachim Nagel says no decision has been made thus far regarding holding limits for a digital euro. The European bloc has yet to determine the parameters of holding limits for a potential digital euro, as Bundesbank president Joachim…

According to the results of the 2023 BIS survey on central bank digital currencies and crypto, only 12% of central banks are planning to issue retail CBDCs in the mid-term. A recent survey by the Bank for International Settlements (BIS)…

In an exclusive with crypto.news, Jón Helgi Egilsson, a former Icelandic central bank chairman, sets out how the European Securities and Markets Authority (ESMA) is entering the final phase of crypto asset regulation in the European Union (EU), and what…

SWIFT aims to launch a new platform in the next two years to connect central bank digital currencies to the existing finance system in a bid to boost the CBDC ecosystem. Global financial messaging network SWIFT is planning to launch…

Nigeria lifted a ban on crypto trading, first instituted in February 2021 due to concerns about potential money laundering and terrorism financing.

Pix faces scrutiny over its business model, with concerns about pricing, fraud protection, and market disruption.

The IMF Annual Meetings, which concluded on Oct. 15, put forward a roadmap to address "risks related to crypto currencies."

The Hong Kong Monetary Authority has issued a stern warning to cryptocurrency-related firms that are misrepresenting themselves as banks or describing their products as deposits.

Swift says it will test CBDC interoperability alongside three central banks to explore further use cases. Interbank messaging company Swift has entered the second phase of its sandbox experiments with a central bank digital currency (CBDC) as “interest in interoperability…

To make CBDCs successful, global and local financial institutions need to invest in digital currency education, analyze various use cases, and create their digital currency strategy.

The Australian Central Bank and the Digital Finance Cooperative Research Centre have released a report on the use cases for CBDCs in the country

The Bank of Thailand has announced its commencement of a pilot project, set to launch this month, for testing a retail central bank digital currency (CBDC) within a regulatory sandbox.

Nigeria's cryptocurrency landscape has experienced ongoing turmoil, with citizens embracing digital assets while the government remains steadfast in its opposition.

The central banks of the UAE and Hong Kong join forces to enhance regulatory frameworks through collaborative efforts on financial infrastructure and digital assets legislation.