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Tag: central bank governor

ZiG: Zimbabwe Launches Gold-Backed Currency to Stabilize Economy and Fight Inflation

On April 8, 2024, Zimbabwe officially launched its new gold-backed currency, the ZiG (Zimbabwe Gold). According to a report by Kitco News published on...

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Philippines to launch CBDC within 2 years to counter rising crypto use

The Philippines central bank, or Bangko Sentral ng Pilipinas, is preparing to launch a Central Bank Digital Currency (CBDC) in the next two years...

Philippines to launch CBDC within 2 years to counter rising crypto use

The Philippines central bank, or Bangko Sentral ng Pilipinas, is preparing to launch a Central Bank Digital Currency (CBDC) in the next two years...

Nigerian Currency Depreciation: Central Bank Of Nigeria (CBN) Head Reaffirms Commitment to Reviving Confidence in the Economy

Olayemi Cardoso, the Central Bank of Nigeria (CBN) governor reaffirms commitment to reviving confidence in the economy amidst Nigerian currency depreciation. The...

India Moves to Block Website URLs of Several Crypto Firms Including Binance, Kraken – CryptoCurrencyWire

The Financial Intelligence Unit (FIU) of India has asked the Ministry of Electronics and Information Technology to restrict the website URLs of nine cryptocurrency...

India Moves to Block Website URLs of Several Crypto Firms Including Binance, Kraken – CryptoCurrencyWire

The Financial Intelligence Unit (FIU) of India has asked the Ministry of Electronics and Information Technology to restrict the website URLs of nine cryptocurrency...

Korean central bank governor urges CBDC development to compete with stablecoins

Bank of Korea Governor Chang-yong Rhee warned that the rise of stablecoins could pose a significant threat to the traditional roles of central bank...

Brazil’s Crypto Rails Get Boost from Itau and Nubank

Nubank partnered with Circle to offer USDC access, and Brazil’s largest bank, Itau, has launched crypto trading. Two of Brazil’s largest banks have announced...

Singapore, China, & Cambodia Lead the Pack in CBDC Development – Fintech Singapore

In Asia, central banks and monetary authorities are rushing to develop and deploy central bank digital currencies (CBDCs), a technology that they believe is...

Bitcoin, Altcoins Dip as Investors Mull Higher Interest Rates

Crypto and other risk-on asset markets have been unsettled by the prospect of higher interest rates for an extended period. A U.S. central...

Bitcoin, Ether fall with Toncoin leading losses in top 10

Bitcoin continued to fall in Monday afternoon trade in Asia, along with Ether and all other top 10 non-stablecoin cryptos, except Tron. Toncoin was...

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