central banks
BIS Outlines How Stablecoins Could Comply With International Money Standards
The BIS’s new report contains preliminary guidance for stablecoin arrangements and the regulators that may oversee them.
Central Bank of Uruguay Establishes ‘Work Plan’ to Regulate Digital Assets
The BCU plans to finalize a proposal to amend the current legal provisions covering digital assets and create a clear framework for their regulation by the end of the year.
CBDC Impact on Banking Sector Could Be Manageable: New BIS Report
Three new reports by a BIS working group analyze policy options and practical implementation issues of a retail CBDC.
Nigeria’s eNaira Website Goes Live Ahead of Scheduled October Rollout
The central bank digital currency will be accompanied by a CBN-sanctioned wallet that a user can link to a bank account.
Central Bank of Chile Sets Up Team to Study CBDC Issuance
The team will present a white paper in first-quarter 2022 stating the objectives, requirements and regulations for the development of a digital currency.
Ripple to Pilot Bhutan’s CBDC Using Private Ledger
The test is part of Bhutan’s goal to bring its population to 85% financial inclusion status by 2023.
China Has Completed ‘Rectification’ of Crypto Transactions: PBOC
The country’s central bank has warned banks and payment services providers to stay away from virtual currencies.
Cuba Regulates the Use of Virtual Assets for Commercial Transactions
In a resolution, the country’s central bank also stipulated rules for granting licenses to institutions handling cryptocurrencies.
Minneapolis Fed President Kashkari on Crypto Market: ‘Thousands of Garbage Coins’
CoinDesk’s Nikhilesh De discusses what to make of Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, criticizing bitcoin and cryptocurrency in general. “It’s just a signal of how much the central bank is paying attention to the industry,” De said.
