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Tag: Central Bank

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Central Banks should get involved with digital currencies: PIIE’s Adam Posen
Central Bank Digital Currencies or CBDCs have been a hotly debated topic over the past few months. After Bank of China announced that its issued central currency was ready for launch, major financial institutions around the world have started discussing… Read full article
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Global Crypto Currency War Heats Up As Libra Garners Support From European Central Bank Director
European Central Bank Director, Benoit Coeure, in an interview with Bloomberg, has claimed that Global financial regulators have no plans to ban Facebook’s Libra or other stablecoins. However, digital currency projects will have to meet the highest regulatory standards. Regulators… Read full article
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Denis Beau remarked upon the approach of Central banks towards Cryptocurrencies.
In 2014, France enacted the legalized regulations for the virtual operations in cryptocurrencies. Dealing in cryptocurrency has become a…Continue reading on Medium » Read full article
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Cambodia’s Central Bank Testing Digital Wallet to Ease Cross Border Payments
Cambodia’s Central Bank wants to slash the cost of cross-border payments and is studying how its Bakong digital wallet might help. Read full article
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The central bank of Canada CBDC is under consideration
In the latest, the central bank of Canada CBDC or central bank digital currency is under consideration by the bank and government. Per the latest presentation obtained by Financial Post, Canada’s central bank, the Bank of Canada has been examining… Read full article
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IMF To Warn Central Banks That Payment Narratives are Shifting Away From Them
Central bankers and finance ministers are set to come together for the World Bank annual meeting, and the IMF has some strong advice for them: regulate digital currencies or watch your monetary monopoly lose power. Sources at Bloomberg believe the… Read full article
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Libra Shows Central Banks’ Failure on Cross-Border Payments: Riksbank
A senior economist at Sweden's Riksbank says central banks need to "keep up" with cryptocurrency advancements like Libra and XRP. Read full article
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Global Crypto Currency War Heats Up As Libra Garners Support From European Central Bank Director
European Central Bank Director, Benoit Coeure, in an interview with Bloomberg, has claimed that Global financial regulators have no plans to ban Facebook’s Libra or other stablecoins. However, digital currency projects will have to meet the highest regulatory standards.

Regulators… Read full article
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Chinese central bank injects $28 billion in its economy
The Chinese central bank has pumped twenty-eight billion dollars ($28) in its economy after statistics showed a decline in the economy. Chinese crypto investors may find themselves in a good position if the funds seep in the crypto markets. Chinese… Read full article
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Canada's Central Bank Is Considering Launching Its Own Digital Currency


/latest/2019/10/canada-s-central-bank-is-considering-launching-its-own-digital-currency/

Canada's Central Bank Is Considering Launching Its Own Digital Currency

canada-s-central-bank-is-considering-launching-its-own-digital-currency

Canada's Central Bank Is Considering Launching Its Own Digital Currency

Francisco Memoria
17 Oct 2019/In #Altcoins , #Regulation
The central bank of Canada is reportedly considering launching its… Read full article
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Fed Official Confirms that the U.S. Central Bank Is Actively Considering Digital Dollar
Coinspeaker
Fed Official Confirms that the U.S. Central Bank Is Actively Considering Digital Dollar
The Fed official says that if the U.S. has to keep its dominant position in global commerce, it needs to consider having a digital dollar that… Read full article
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Central Banks Have Three Options for Crypto Regulations, Says Official
Denis Beau, the deputy governor of France’s central bank, Banque de France, recently delivered comments regarding the approach of central banks to cryptocurrencies.

Establish appropriate cryptocurrency regulations

On Oct. 16, Beau spoke at the Official Monetary and Financial Institutions Forum… Read full article
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Canada’s Central Bank Looking to Launch Its Own Cryptocurrency
The central bank of Canada has expressed interest in issuing a proprietary cryptocurrency in order to enforce KYC and curb the “direct threat” of digital currencies to monetary controls.

Canada’s Central Bank said that the introduction of their digital currency… Read full article
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Central bank of Canada considering launch of its own digital currency to enforce KYC and monetary controls
The central bank of Canada is considering launching a sovereign digital currency that would eventually replace cash and combat the “direct threat” cryptocurrencies pose to monetary controls, The Logic reported.

The plan bears a striking similarity to that of the… Read full article
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