The Central Bank of Solomon Islands (CBSI) has launched a proof-of-concept for a central bank digital currency (CBDC) called Bokolo Cash, with the support of Japanese fintech firm Soramitsu and the Japanese government. The CBSI…
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The Central Bank of Argentina (BCRA) announced it will require “prior approval” before granting any requests for foreign currency on December 11. The policy – interpreted essentially as a halt to all hard currency sales…
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Japan’s Ministry of Finance published a report of an expert panel on central bank digital currency (CBDC) on December 13 where members considered how to approach its design. Earlier this year, the Bank of Japan…
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Harare skyline, including the Reserve Bank of Zimbabwe tower in the centre The Zimbabwean government announced on December 8 that John Mushayavanhu will take over as central bank governor next year. He will succeed John…
Read MoreTourists from China and Singapore will be able to use the e-yuan – China’s central bank digital currency (CBDC) – for their purchases in both countries during a pilot project, the Monetary Authority of Singapore…
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The governor of the Polish central bank, Adam Glapiński, has appealed to the European Central Bank for aid against a potential bid by the new parliamentary majority to impeach him. The National Bank of Poland…
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Central Bank of Argentina Argentine president-elect Javier Milei confirmed he would appoint Santiago Bausili as the next governor of the Central Bank of Argentina (BCRA) on December 6. Milei has pledged to abolish the BCRA,…
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The Monetary Authority of Singapore (MAS) will trial a wholesale central bank digital currency (CBDC) with local banks in a live setting next year, as part of its efforts to explore a greater use of…
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The Reserve Bank of Australia Australia’s government said it will introduce legislation this week overhauling the central bank’s governance, and named a Bank of England official as its deputy governor. Treasurer Jim Chalmers announced the…
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The Bank for International Settlements has said its Project Tourbillon has demonstrated central bank digital currency (CBDC) can provide cash-like anonymity. However, the bank says cryptography technology will need to improve before it can create…
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