central banks

central banks

Policy

Bank of Korea Governor Sees CBDC Introduction as Case for 'Urgency:' Report

Stablecoins' widespread usage and frequent instability could reduce the effectiveness of central bank monetary policies, Rhee Chang-yong said.

Bank of Korea

Policy

Taiwan Completes Wholesale CBDC Technical Study, Central Bank Official Says

The focus is now on gathering feedback and improving a platform design, according to Deputy Governor Chu Mei-lie.

(Timo Volz/Unsplah)

Policy

UK Lawmakers Urge Lower Digital Pound Holding Limits

They also want the government to tweak plans to make sure the CBDC’s design won’t preclude the possibility of paying interest on the digital pound.

UK United Kingdom British England Flag (Unsplash)

Markets

Bitcoin Holds Steady Above $34K After Hawkish Bank of Japan Decision

The BOJ's yield curve control program has been a major source of liquidity for financial markets since 2016.

(Shutterstock)

Markets

Bank of Japan a Major Source of Uncertainty, Crypto Volatility Trader Says

While the Fed's tightening cycle seems to be in its final stages, the Bank of Japan is yet to move the needle on rates.

(Shutterstock)

Markets

Bitcoin Steady Above $29K, Bond Yields Rise as BOJ Makes Yield Curve Control More Flexible

BOJ announced a proper yield curve control tweak with semantics that camouflaged the hawkish move.

Bank of Japan's tweak to its bond buying program had little effect on bitcoin. (Getty Images)

Policy

Central Banks Successfully Test DLT in Linking Financial Settlement Systems

The experiment run by the Bank of England and the Bank for International Settlements shows it's possible to settle large synchronized transactions in central bank money, a report said.

The Bank of England is reportedly hiring 30 people to develop a national digital currency. (Camomile Shumba/CoinDesk)

Policy

BoE Considers Limits on Stablecoin Payments as Parliament Debates New Crypto Rules

The Bank of England plans on releasing a consultation proposal by the end of the year, Jon Cunliffe said at Innovate Finance’s annual global summit.

Bank of England Deputy Governor Jon Cunliffe (Camomile Shumba/CoinDesk)

Markets

World's Most Influential Central Banks' Balance Sheets Look to Have Troughed

The directional change suggests an end to the quantitative tightening that roiled cryptocurrencies last year.

(Yuri_B/Pixabay)