Category: Central Bank
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“Banks will have to adjust” to crypto, says Bank of England leader
Jon Cunliffe, one of the leaders of England’s central bank, said banks must adapt to the changes brought on by digital assets.
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Deutsche Bank: Central bank digital currency will replace cash in long term
Deutsche Bank has called on Europe to accelerate the development of central bank digital currencies.
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Lebanon to launch digital currency in face of economic and financial turmoil
Lebanon’s central bank governor says the country, whose lira has been in freefall, is preparing to launch a digital currency in 2021.
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CBDC revolution is coming in 3 years, says Bitcoin naysayer Roubini
The word “cryptocurrency” is a misnomer because it isn’t a currency, according to Roubini.
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Argentinian Central Bank to Lift Freeze on Bank Fee Increases: Sets the Ceiling for Future Hikes at 9%
The Central Bank of the Argentine Republic says starting in January 2021, financial institutions will be able to increase the fees or commission they levy for services rendered. In its November 5 update, which effectively ends the February 19 freeze on any fee hikes, the central bank says such increases should not exceed 9% each…
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Netherlands registers first consumer-facing crypto platform since AMLD5
Everyday investors in the Netherlands can now invest in crypto, thanks to company’s new registration.
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Only 4% of Norway uses cash as country evaluates CBDC, Norges Bank exec says
Cash usage has declined in Norway since COVID-19, but physical currency also carries strengths that CBDCs may lack.
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Russia’s central bank says the pandemic has accelerated regulators’ interest in CBDCs
The pandemic-induced crisis is galvanizing new trends across all aspects of the global economy, including digital currencies.
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Fed calling for more stimulus is ‘code for buy Bitcoin,’ says Winklevoss
Jerome Powell says Congress should agree further fiscal stimulus as U.S. public debt tops $27.2 trillion.
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Economy minister says Brazil will have its own CBDC
Paulo Guedes said that the Brazilian real will have a digital counterpart and also highlighted the autonomy of its central bank.