central – DIGIT INFO

70% of Jamaica population to adopt CBDC in 5 years, prime minister says

DIGIT — Mon, 17 Jan 2022 09:41:27 +0000

The Caribbean country expects a nationwide CBDC rollout by the end of the first quarter of 2022.

China’s central bank proposes to monitor metaverse and NFTs

DIGIT — Wed, 01 Dec 2021 11:35:49 +0000

The metaverse and NFTs are in the crosshairs of the People’s Bank of China, which wants to track the with Anti-Money Laundering tools.

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EU central banks work on DLT-based asset settlement

DIGIT — Fri, 05 Nov 2021 10:45:29 +0000

Banca d’Italia and Deutsche Bundesbank shared experiences on distributed ledger technology-based settlements in a workshop.

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China’s central bank says crypto gave impetus to the creation of its CBDC

DIGIT — Fri, 16 Jul 2021 09:44:19 +0000

A working paper released in English by the People’s Bank of China cites cryptocurrencies as an important context for the digital yuan’s development and reveals that the digital currency will use smart contracts to allow for programmability.

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Regulations Roundup: Cryptocurrency Campaign Donations, US Judge Warns Malaysians

DIGIT — Sun, 28 Oct 2018 19:00:59 +0000

In recent regulatory news, a report by the Center for Public Integrity has explored the potential for cryptocurrency donations to obfuscate politicians’ sources of funding, a U.S. judge has urged the Malaysian public to exercise due diligence when considering seeking exposure to cryptocurrencies, and a report conducted by IBM Blockchain and the Official Monetary and […]

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Regulations Round-Up: Central Bank-Issued Digital Currencies, Regulatory Clarity

DIGIT — Sun, 12 Aug 2018 12:58:00 +0000

In recent regulatory news, Spain’s Central bank has issued a report favoring the development of a central bank-issued digital currency (CBDC), the president of Taiwan’s central bank has advocated caution regarding CBDCs, the Blockchain Research Institute has published a summary of recent roundtable discussions calling for great regulatory clarity, and a Russian court has a […]

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Regulations Round-Up: U.S. Executive Branch Employees to Disclose Crypto Holdings, French ICO Regulations Coming by 2019

DIGIT — Tue, 19 Jun 2018 09:04:11 +0000

In recent regulatory news, the United States Office of Government Ethics has issued a document advising employees of the U.S. executive branch to disclose their cryptocurrency holdings. In other news, Bank of Korea has rejected the notion of central bank-issued digital currencies, Crypto Finance AG has received licensing from the Swiss Financial Market Supervisory Authority […]

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BIS GM Argues New Cryptos Are “the Alchemy of the Age of Innovation”

DIGIT — Sat, 16 Jun 2018 20:18:53 +0000

The Bank of International Settlements (BIS), a transnational institution owned by and comprised of central banks that seeks to “fosters international monetary and financial cooperation and serves as a bank for central banks,” recently published its quarterly review of “International banking and financial market developments” for June 2018. The report includes an op-ed written by […]

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CBDC Could Have “Severely Negative Consequences” for “Bank-Dominated Payments System” – Former FDIC Chair

DIGIT — Wed, 13 Jun 2018 02:34:02 +0000

The former chair of the United States Federal Deposit Insurance Corporation, Sheila Bair, recently published an article imploring the U.S. Federal Reserve to explore central bank-issued digital currencies (CBDCs). In the article, Mrs. Bair argues that the development of a state-issued cryptocurrency could “reduc[e] the risk of financial crises” and “improv[e] monetary policy tools.” Also […]

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Central Bank-Issued Cryptocurrency Round Up: IMF, BoE, Hong Kong

DIGIT — Sat, 02 Jun 2018 23:18:56 +0000

In recent days, central banks from the around the world have been actively exploring the prospect of issuing digital currencies. The Bank of England (BOE) has continued to press forward with research into models for central bank-issued currencies, with BOE governor Mark Carney expressing his openness to the idea of issuing a digital currency in […]

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