The term central bank digital currency is misleading and should be abandoned, research from the European Central Bank argues.
Nearly a third of central banks have pushed back launching digital versions of their currencies, a new survey shows, although a desire to protect their money-minting powers mean most still intend to ...
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VIENTIANE: The Lao central bank, the Bank of the Lao PDR (BOL), is strengthening foreign exchange management to boost the ...
Hedging against currency depreciation is a strategic approach used by businesses, investors, and individuals to protect ...
RBI buys 73 tonnes of gold in 2024, diversifying reserves. India’s gold stock is now at 876.18 tonnes, with $70.89B in value.
Brazil's central bank chief Gabriel Galipolo notes a surge in crypto asset usage, driven largely by stablecoins. This trend, ...
Interest in developing their own central bank digital currencies remains strong among central banks worldwide, but so far, ...
Galipolo said 90% of crypto use in the country can be linked ... the official also said that the country’s Drex digital currency project is not a central bank digital currency (CBDC).
The Kenyan shilling (KES) showed a modest gain against the US Dollar (USD) on Wednesday, buoyed by foreign exchange inflows ...
Brazil's central bank president Gabriel Galipolo highlighted a significant increase in the use of crypto assets in the country, particularly noting that stablecoins, which are less volatile due to ...
Nearly a third of surveyed central banks said they’re delaying the launch of a CBDC over regulatory concerns and changing ...