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Search Results for: central bank digital currency

Bank of England warns digital currency growth could pose financial stability risks
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17 December, 2021

Bank of England warns digital currency growth could pose financial stability risks

In a recent report, the bank said that digital currencies make up a small percentage of assets in the U.K.,...
Kazakhstan completes CBDC prototype, but has yet to decide if there’s need for digital tenge
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16 December, 2021

Kazakhstan completes CBDC prototype, but has yet to decide if there’s need for digital tenge

The Kazakh central bank worked with local banks and international partners on the prototype, but it will decide on the...
South Africa to introduce digital currency regulations in early 2022
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15 December, 2021

South Africa to introduce digital currency regulations in early 2022

The country’s top financial regulator believes that while they don’t pose systemic risk, digital currencies are still a risky sector...
Australia’s new regulations to bring digital currencies ‘out of the shadows,’ federal treasurer says
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15 December, 2021

Australia’s new regulations to bring digital currencies ‘out of the shadows,’ federal treasurer says

The Australian Treasury minister revealed that the government is working on new regulations for digital currencies and is looking into...
China links digital yuan to Hong Kong’s Faster Payments System in second CBDC trial phase
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14 December, 2021

China links digital yuan to Hong Kong’s Faster Payments System in second CBDC trial phase

China has embarked on the second phase of its cross-border central bank digital currency research with Hong Kong, and it...
Decentralization in DeFi is an illusion, BIS quarterly review concludes
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9 December, 2021

Decentralization in DeFi is an illusion, BIS quarterly review concludes

The Bank for International Settlements says decentralized finance (DeFI) could play a crucial role in the future of finance, but...
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