The Chinese central bank appears to have finished developing the digital currency’s basic function.
The Riksbank hopes to secure funding for a period of five years should its application to host the hub be successful.
Alexey Guznov, head of legal at the central bank, said the latest draft of the bill will outlaw circulation and issuance of digital currency in Russia.
The BIS report analyzed the so-called “trade-offs” that would be required in designing central bank digital currencies.
Sarah John urged reserve banks to move more quickly towards developing and deploying crypto payment solutions..
Thomas Moser made the trip to CoinGeek London Conference to give insight into the Swiss central bank’s view on digital currencies.
The attorney general of Israel has said that the country’s banks cannot institute a blanket ban on serving cryptocurrency companies.
The South Korean central bank has reportedly been working on a pilot for a system that would issue and record bonds on a blockchain.
Project Bakong will deploy blockchain-powered technology across Cambodia’s payment networks, and will feature a central bank digital currency.
While the Bank of Japan had no immediate plans for a CBDC, it was “very important” for the central bank to be prepared should the need arise.