central banks

central banks

Policy

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.

cuba

Videos

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.

CoinDesk placeholder image

Markets

Jamaica's Central Bank Says It Would Need Court Order to Track CBDC Transactions

The bank said it would only capture general transaction data for its economic analysis and assessments.

Kingston, Jamaica.

Markets

Ireland's Central Bank Governor Says Digital Euro Is 'Very Likely'

Introducing a digital euro would represent a "fundamental shift" in the eurozone's financial architecture, Governor Gabriel Makhlouf noted.

The European Union's flag

Markets

Nigeria's Central Bank Digital Currency Pilot to Start Oct. 1

Rakiya Mohammed, the bank's information technology director, revealed the date during a private webinar on Thursday.

Lagos, Nigeria

Markets

China's Central Bank 'Worried' Stablecoins Pose Risk to Financial System

Global stablecoins "may bring risks and challenges to the international monetary system," said PBOC's Fan Yifei.

People's Bank of China

Markets

BIS Says Bitcoin Has Few Redeeming Attributes

Cryptocurrencies are "speculative assets rather than money" used in many cases to facilitate financial crime, the central bank organization said.

BIS headquarters in Basil, Switzerland.

Markets

Tanzania's President Urges Central Bank to Prepare for Crypto

The president's speech follows El Salvador's adoption of bitcoin as legal tender.

Tanzania Mourns Late President Magufuli

Markets

Argentina Is Investigating 9 Fintech Firms for Unauthorized Crypto Offerings

If the BCRA confirms its suspicions, it will initiate criminal complaints against the companies.

fernando-tavora-jN8wERXCnkE-unsplash

Policy

Bank of England Releases Discussion Paper on Stablecoins, CBDC

The paper focuses on the effects of private stablecoins on the cost and availability of lending and the challenges for monetary policy.

The Royal Exchange. (QQ7/Shutterstock)