Central Bank

Bitcoin Price Falls After Turkey's Decision to Ban Crypto Payments
Apr 17, 2021 at 11:09
News
Bitcoin Price Falls After Turkey's Decision to Ban Crypto Payments
The price of Bitcoin has dropped by about 4% following the news by the central bank of Turkey to ban cryptocurrency payments starting from April 30.
The CBDC Race Is Getting Tougher in Asia: What to Expect When Thailand Rolls Out Its Own Digital Currency?
Apr 08, 2021 at 13:31
News
The CBDC Race Is Getting Tougher in Asia: What to Expect When Thailand Rolls Out Its Own Digital Currency?
This decade has witnessed a high wave of central banks wanting to make digital versions of their fiat money, also called the Central Bank Digital Currency (CBDC) following the success of cryptocurrencies. Thailand just announced it would be unveiling its own CBDC next year. What shape does the race take after then?
4 Reasons Central Banks Don't Want to Use Blockchain to Issue CBDC
Apr 04, 2021 at 11:44
News
4 Reasons Central Banks Don't Want to Use Blockchain to Issue CBDC
The features presented by blockchain would be forcing central banks to adopt and use the technology on a large scale, but some governments including China, Jamaica, etc., don't want their central banks to use the tech in the issuance and distribution of their own state-backed central bank digital currency (CBDC).
Time and Money: 1 Reason Why Peaceful Co-Existence of CBDC and Cash Is Healthy for Finance
Mar 29, 2021 at 14:11
News
Time and Money: 1 Reason Why Peaceful Co-Existence of CBDC and Cash Is Healthy for Finance
As digital payment tools become increasingly widespread, traditional finance is also seeking to create a worthy alternative to the existing means. That is why numerous countries are exploring the potential of Central Bank Digital Currency (CBDC).
Nigeria’s Clarification on the Crypto Ban Pushes the Price of Cryptocurrencies Higher
Mar 26, 2021 at 11:45
News
Nigeria’s Clarification on the Crypto Ban Pushes the Price of Cryptocurrencies Higher
As the interest in cryptocurrency is seemingly increasing in Africa more than in some of the globe’s developed economies, the Central Bank of Nigeria (CBN) has come out to embrace this nascent fintech by saying that Bitcoin and cryptocurrency businesses in Nigeria are not banned at all.
Nigerian Central Bank Heeds VP’s Advice on Cryptocurrency
Mar 01, 2021 at 15:09
News
Nigerian Central Bank Heeds VP’s Advice on Cryptocurrency
The Nigerian Central Bank has paid notice to the Country’s Vice President positive advice on cryptocurrency. The Central Bank which recently banned cryptocurrency in the Country was criticized by Vice President Yemi Osinbajo who preferred regulating cryptocurrency to banning its use in the country.
3 Main Principles Driving the Development of CBDC and Their Implications for Cryptocurrency
Feb 17, 2021 at 14:53
News
3 Main Principles Driving the Development of CBDC and Their Implications for Cryptocurrency
Many countries are shifting towards introducing their own state-backed digital currencies. Central banks are exploring the potential of CBDCs. But is this effort really a good move on the rest of private coins including Bitcoin, Ethereum, and XRP?
Kenya’s Central Bank Decides to Use Bitcoin to Improve Economic Performance: Will this Yield Results?
Feb 15, 2021 at 12:58
News
Kenya’s Central Bank Decides to Use Bitcoin to Improve Economic Performance: Will this Yield Results?
Kenya, through its central bank, has lately announced a controversial move to employ bitcoin as a reserve currency in a bid to improve the country’s economic performance. However, whether or not this shift will serve the intended purpose remains a matter of debate.
3 Major Economic Implications of Central Bank Digital Currencies
Jan 31, 2021 at 15:23
News
3 Major Economic Implications of Central Bank Digital Currencies
The COVID-19 pandemic has opened the eyes of many central banks and has now taken a route of fintech innovation. Some of the major tools being currently looked at is introducing central bank digital currency (CBDC) into the finance and banking industry. But the main question is how these new forms of digital currencies impact the economy.
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