Search Results for: central bank governor

BIS Releases Report On ‘Project Icebreaker’ — Develops Cross-Border Retail CBDC Payment Model

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The Bank for International Settlements (BIS) has released a report summarizing the “Project Icebreaker” trial, which explored the potential advantages and difficulties of utilizing a retail central bank digital currency (CBDC) in cross-border payments. The experiment was designed to test “les…

Pakistan Banks to Use Blockchain Technology for KYC

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Banks in Pakistan plan to launch an electronic platform for know-your-customer procedures that will be operating on a national level. The blockchain-based system will allow them to exchange the personal information of customers through what they describe as a decentralized and…

G20 Finance Chiefs Widely Recognize Crypto Poses Major Financial Stability Risks, Says Indian Central Bank Governor

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The G20 finance ministers and central bank governors recognize that cryptocurrencies pose major risks to financial stability, monetary systems, and cyber security, India’s central bank governor reportedly said. Crypto regulation was among the key topics discussed during the G20 meeting over…

Le FMI appelle à « davantage » de réglementation de la cryptographie – déclare que l’interdiction devrait être une option

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Fond monétaire international (Le FMI avertit que les sanctions contre la Russie menacent de saper la domination du dollar américain) Managing Director Kristalina Georgieva says crypto needs “more regulation.” She added, “We should not take off the table banning those assets,” if regulation fails or is too slow to implement. Le FMI avertit que les sanctions contre la Russie menacent de saper la domination du dollar américain’s Chief Calls for More Crypto Regulation…

Le milliardaire Tim Draper exhorte le Sri Lanka à adopter le Bitcoin – La Banque centrale déclare « Nous ne voulons pas aggraver la crise »

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Billionaire investor and venture capitalist Tim Draper has reportedly attempted to convince the Sri Lankan government to adopt bitcoin. toutefois, the governor of the Central Bank of Sri Lanka rejected his recommendation, soulignant: “Adoption of 100% bitcoin won’t be a Sri…

Nigeria Extends Deadline for Returning Soon-to-Be Demonetized Naira Banknotes

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After initially ignoring pleas to extend the period for returning old naira banknotes, the Nigerian central bank recently said it has shifted the deadline for returning old banknotes to Feb. 10. The bank’s governor, Godwin Emefiele, said some 30,000 so-called super…

Davos 2023: Les CBDC sont l’avenir de la monnaie des banques centrales, mais elles ne sont toujours pas prêtes

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Un forum économique mondial (FEM) un panel composé de banquiers centraux et de fournisseurs mondiaux de technologies a dressé le profil des monnaies numériques des banques centrales (CBDC) comme l'avenir de la monnaie de banque centrale, les présentant comme l’une des solutions aux limitations du secteur des paiements…

Georgia Prepares to Launch Digital Lari Pilot in First Half of 2023

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The central bank of Georgia intends to publish a document detailing the concept of a national digital currency in the coming months. Other participating parties will use it to finalize their proposals for the pilot which the monetary authority plans to…

Signaler: La banque centrale nigériane a dépensé plus $1.8 milliards gérant la monnaie locale

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During her appearance before Nigerian lawmakers, Aisha Ahmad, the deputy governor of the Central Bank of Nigeria (CBN), told lawmakers that out of the nearly $1.8 billion used to manage the local currency, plus de 90% of this total was reportedly used…

New Naira Banknotes to Make Monetary Policy More Effective — Nigerian Central Bank Governor

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The Central Bank of Nigeria governor, Godwin Emefiele, has said the newly designed naira banknotes are set to enhance the effectiveness of the organization’s monetary policy and bolster the financial inclusion cause. Forcing Currency Hoarders to Return to the Banking System…