Tag: Central

IMF: Central Banks Could Issue Digital Currency

IMF: Central Banks Could Issue Digital Currency Christine Lagarde, the managing director of the International Monetary Fund (IMF), has said central banks throughout the world should consider issuing digital currency to make transactions more secure. At a recent conference in Singapore, Lagarde argued that state-backed cryptocurrencies could satisfy public policy […]

US Excludes Iran’s Central Bank from the Global Financial System

US Excludes Iran’s Central Bank from the Global Financial System The Central Bank of Iran has been cut off from the global monetary system, after the Swift banking network bowed to U.S. pressure. The move leaves Iran’s 81 million citizens financially excluded and facing serious economic consequences, amidst renewed U.S. […]

Another Warning From China’s Central Bank on Cryptocurrency Risks

Another Warning From China’s Central Bank on Cryptocurrency Risks Very few positive stories come out of China with cryptocurrency in the headlines. This one is no different as the central bank has continued with its rhetoric over the risks of dealing with digital currencies. Same Old Story; Crypto Bad, Blockchain […]

Israeli Central Bank to Hold off on Issuing Digital ‘E-Shekel’ Coin

Israeli Central Bank to Hold off on Issuing Digital ‘E-Shekel’ Coin A group under the Bank of Israel has published a report on a proposal to issue a national digital currency. The team, which was set up last November, has identified several potential advantages to the technology, but has advised […]

Bank of Japan: Central Bank-Issued Digital Currencies Are Not an Effective Economic Tool

Bank of Japan: Central Bank-Issued Digital Currencies Are Not an Effective Economic Tool The Bank of Japan’s deputy governor believes that central bank-issued digital currencies cannot be economic tools, since fiat currency is still popular Cointelegraph.com News

Steve Hanke: Central Banks Fuel Wealth Loss and Inflation – The World Needs Less of Them

Steve Hanke: Central Banks Fuel Wealth Loss and Inflation – The World Needs Less of Them Respected economist Professor Steve Hanke has chanted down central banks. While Hanke doesn’t tout cryptocurrency as an alternative, he does say that the world needs fewer central banks because these government-controlled entities are messing […]

Ex-Liberia Central Bank Chief Under Probe for Missing $104M, State Seeks FBI Help

Ex-Liberia Central Bank Chief Under Probe for Missing 4M, State Seeks FBI Help More than a dozen government officials, including former central bank governor and his deputy, have come under investigation in Liberia after $ 104 million of newly printed banknotes vanished from the state purse. Liberia has issued a travel […]