Central Bank Archives

Philippines Central Bank Embraces Digital Tokens

September 20, 2020

The Philippines central bank sees digital tokens as a means to reduce the use of fiat money and improve the delivery of financial services in the country, even as the country is still studying its own digital...

BIS: Countries with Emerging Economies Are Leading CBDC Development

January 24, 2020

Researches at the Bank of International Settlements, an international financial institution owned by central banks that is designed to foster international monetary and financial cooperation said in a report ...

Bank of Korea Has No Plans for a Central Bank Cryptocurrency

December 25, 2019

BOK said giving the public direct access to a cryptocurrency could reduce commercial banks’ deposits and reserves. Bank of Korea (BOK) said it doesn’t currently have immediate plans to launch a digital currenc...

Iranians Buying Billions in Cryptocurrency as Trump Revokes Nuclear Deal

May 9, 2018

It has been revealed that Iranians have sent the equivalent of $2.5 billion out of the country to purchase cryptocurrency. The news comes a day after US President Donald Trump’s announcement that the US will ...