central banks


Policy

Sri Lanka's Blockchain Bank KYC Platform to Enter Development 'Shortly': Central Bank

The Central Bank of Sri Lanka is about to decide which firm will develop a blockchain platform that could speed the processing of bank users' ID information.

Colombo, Sri Lanka (PicadorPictures/Shutterstock)

Markets

Zimbabwe Halts Mobile Transactions as Hyperinflation Spurs Currency Flight

Zimbabwe's central bank, seeking to block attempts to avoid the country’s hyperinflation, halted all transactions conducted by "mobile money agents" this week.

Zimbabwean banknote

Policy

World's Oldest Central Bank Reviews Possible Digital Currency With Mixed Results

Sweden's Riksbank has looked into the viability of central bank digital currencies for its local market.

Riksbank Note

Policy

Canada’s Central Bank Is Serious About Designing a CBDC, Job Posting Reveals

The Bank of Canada is preparing to design its own central bank digital currency (CBDC), detailing its plans in a new job posting.

Bank of Canada

Policy

S. Korea's Central Bank Forms Legal Panel to Advise on Possible Digital Currency Launch

The Bank of Korea has set up a legal panel to advise on possible regulatory sticking points for a future CBDC issuance.

Bank of Korea building, Seoul

Markets

Custody Provider Copper Joins Think Tank to Bridge Gap Between Traditional Finance and Crypto

Crypto custodian Copper is joining the Official Monetary and Financial Institution Forum's new think tank to discuss how central banks are evaluating digital currencies.

(Shutterstock)

Policy

Saudi Monetary Authority Pumped Some of $13B Bank Infusion Using Blockchain

The central bank claims to have distributed 'part' of a recent $13 billion bank "liquidity enhancement" using blockchain tech.

Riyadh, Saudi Arabia

Policy

Bank of Russia Wants to Put Mortgage Issuance on a Blockchain

Russia's is eyeing use cases for blockchain even as proposed legislation will clamp down on crypto.

Russia's Central Bank

Markets

India's Central Bank Removes Lingering Confusion Over Banking for Crypto Firms

India's commercial banks can indeed provide banking services to traders and firms dealing in cryptocurrencies, the RBI has clarified.

RBI entrance in New Delhi, India

Markets

First Mover: Bitcoin Could Get a Boost From Central Bank Digital Currencies

CBDCs might seem to be anathema to the mission statement of bitcoin, but they may prove to be a valuable on-ramp for new investors.

skateboard ramp jump 2