The Eastern Caribbean Central Bank (ECCB) is preparing for a full “commercial deployment” of DCash, the central bank digital currency (CBDC) it has been piloting since March 2021. Governor Timothy Antoine said the ECCB “intends…
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Bank of England governor Andrew Bailey has said the UK’s financial infrastructure is a “global public good”, requiring international standards and co-operation to maintain. Bailey, speaking at a conference in Dublin on November 8, warned…
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The Central Bank of West African States (BCEAO) in Dakar, Senegal The Niger country director for the Central Bank of West African States (BCEAO) was arrested on October 31, according to a Radio France International…
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Central bank digital currencies could “challenge the foundations of monetary economics”, said the Bank for International Settlements’ chief Americas official. CBDC “issuance requires substantial efforts, and depending on their design they could challenge the foundations…
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Tiff Macklem, governor of the Bank of Canada Bank of Canada governor Tiff Macklem has warned fiscal and monetary policy are working at cross-purposes. “It would be helpful if monetary and fiscal policy was rowing…
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Sierra Leone: Ibrahim Stevens has become governor of the Bank of Sierra Leone, according to government and media sources. Stevens has been first deputy governor since July 2014. Stevens succeeds Kelfala Kallon, who had been…
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The Swiss National Bank will launch its live wholesale central bank digital currency (wCBDC) pilot on December 1, it announced on November 2. Six banks – Banque Cantonale Vaudoise, Basler Kantonalbank, Commerzbank, Hypothekarbank Lenzburg, UBS…
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The Bank of England has succeeded in cutting the “semantic complexity” of its communications but a second important measure, “conceptual complexity”, has actually risen, new research finds. Economists Michael McMahon and Matthew Naylor note central…
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The European Central Bank Piero Cipollone took office as a member of the European Central Bank’s six-member executive board on November 1. He succeeds Fabio Panetta, who resigned from the ECB board to become governor…
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The Bank for International Settlements has published a new update on the mBridge cross-border wholesale central bank digital currency (CBDC) project today (October 31). Bénédicte Nolens, head of the Hong Kong Innovation Hub Centre, spoke…
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