
Search Results for: central bank
Cambodia’s central bank uses CBDC to stifle dollarization of local economy
Riel payments via Bakong are up by over 50% since the launch of the offering, encouraged by several government initiatives...
Swedish central bank concludes proof of work blockchains are unacceptable
In its report, Sweden's Riksbank sees a semi-centralized blockchain for its CBDC as the most optimal model over a fully...
PH central bank cautions public on AI-driven digital scams, denies endorsement of ‘Tesler Code’ investment
In response to false claims circulating online, the Philippine central bank has clarified that Governor Eli Remolona, Jr. does not...
Taiwan central bank starting wholesale CBDC trials, but not in a rush to launch
Despite Governor Yang Chin-long's protestations that central bank digital currency development is not a race, Taiwan seems to be steadily...
BIS: Central banks must raise their game to keep pace with AI
The Bank for International Settlements is urging central banks to keep up with rapid developments in artificial intelligence, which it...
Singapore’s central bank expresses money laundering concerns with digital assets
While it considers legacy banking as the biggest risk for money laundering, the Monetary Authority of Singapore believes that digital...
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