central banks

Digital Ruble Could Be Tool Against Sanctions, Bank of Russia Says
Russia's central bank says a digital ruble could make Russia less dependent on the U.S. dollar and more resistant to foreign sanctions.

Central Banks Haven't Made a Good Case for Digital Currencies: WSJ's Heard on the Street
Central banks are rushing into digital currencies without considering how the risks might outweigh any benefits, the column argues.

Federal Reserve, 6 Other Central Banks Set Out Core Digital Currency Principles
The seven central banks, along with BIS, have released a report setting out agreed core objectives that must be met by national digital currencies.

South Korea's Central Bank to Test Digital Currency in 2021
The Bank of Korea is to run virtual trials of a possible central bank digital currency through 2021.

CBDC Design Needs to Address Risk to Users, Says Bank of Canada
Building an anonymous central bank digital currency (CBDC) presents security risks – not only to the issuer but to the users themselves, says the Bank of Canada.

Oman Central Bank Warns on Crypto 'Risk,' Singles Out Dagcoin
The central bank warned citizens and residents they use cryptocurrencies at their own risk.

Estonia's Central Bank to Research if Blockchain Can Support a Digital Euro
Eesti Pank said the initiative will gauge the suitability of the KSI Blockchain, already used within the country's e-government system, in supporting a central bank digital currency.

Societe Generale to Use as Many as Five Blockchains in Capital Markets Trials
A tech-focused subsidiary of Societe Generale said it will trial up to five different blockchains to understand their usefulness in capital markets.

French Central Bank Chief Eyes Public-Private Partnership for Possible Digital Euro
The governor of the Banque de France said private-sector involvement could benefit a future digital euro initiative.

Mastercard Releases Platform Enabling Central Banks to Test Digital Currencies
Payments giant Mastercard said its new testing platform will simulate the issuance, distribution and utility of digital currencies for central banks.

