Tag: Central bank

The Bank for International Settlements (BIS) recently conducted a survey of central banks worldwide and found that a staggering 94% of them are actively exploring the development of central bank digital currencies (CBDCs). This...

Swiss National Bank President Dismisses Bitcoin as Reserve AssetIn a recent interview with the Tamedia group, Swiss National Bank (SNB) President Martin Schlegel made headlines by dismissing the idea of including bitcoin in Switzerland's...

Wyoming Senator Cynthia Lummis, known for her support of cryptocurrencies, is planning to propose a bold idea at the upcoming Nashville conference. She wants the Federal Reserve to consider holding Bitcoin as a strategic...

The Federal Reserve's balance sheet has seen an increase of $2.6 billion, bringing it to $7.2 trillion. This rise comes amidst speculation about a potential rate cut as inflation cools. Despite the Fed's efforts...

The Securities and Exchange Commission (SEC) of Nigeria has recently introduced new regulations for Virtual Asset Service Providers (VASPs) operating in the country. These regulations aim to ensure closer regulatory supervision and support for...

The exploration of wholesale central bank digital currencies (CBDCs) by the Swiss National Bank (SNB) and SIX Digital Exchange (SDX) is set to continue for an additional two years. This initiative, which aims to...