Even before artificial intelligence gained mainstream popularity, central banks have been utilizing the technology, according to a study by the BIS, which suggested the upskilling of workers on AI amid stiff labor market competition.
A Swiss bank UBS survey asked central banks around the world their thoughts on BTC replacing gold as a store of value. The answer was predictably and overwhelmingly one of skepticism.
The Philippine central bank has assembled a committee to research the feasibility of central bank digital currency as well as its policy implications.
India’s central bank has addressed the current ban on banks servicing the sector, noting that “no such prohibition exists.”
The Chinese central bank appears to have finished developing the digital currency’s basic function.
An investigation into dubious digital currency businesses in India is underway.
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.
