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Cryptonews Tags Central Bank

# Central Bank

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Blockchain News
Russian Central Bank Governor Makes Fresh Call for ‘Crypto Ban’

The Russian Central Bank Governor Elvira Nabiullina has renewed her calls for Moscow to issue a nationwide crypto ban, blocking traders from buying and selling coins on Russian soil.

, by Tim Alper
Bitcoin News
Czech Central Bank Official Dismisses Bitcoin Reserves Over Legal and Volatility Risks

Czech National Bank board member Jan Kubicek dismisses Bitcoin reserves due to volatility and legal risks, countering Governor Michl’s diversification push amid ongoing analysis of new asset classes.

, by Hassan Shittu
Bitcoin News
South Korean Central Bank ‘Negative’ About Launching Strategic Bitcoin Reserve

The South Korean Central Bank, the Bank of Korea (BOK) says it is “not considering” creating a national strategic Bitcoin reserve.

, by Tim Alper
Central Banks Should Study Bitcoin, Not Avoid It, Says Czech National Bank Chief
While Aleš Michl does not advocate for Bitcoin as a primary reserve asset, he believes central banks should explore its potential benefits and risks.
, by Veronika Rinecker
Germany’s Central Bank President Advocates for Digital Euro to Bolster Financial Independence
Germany's Bundesbank President, Joachim Nagel, stressed during a recent event that introducing a digital euro is crucial for preserving Europe's financial independence. Speaking at an OMFIF event at the London School of Economics on February 12, Nagel highlighted the role of a digital euro in...
, by Jimmy Aki
Pakistan Government Proposes Changes to SBP Act to Legalize Crypto
According to a local source, the Pakistani government is preparing to make substantial amendments to the State Bank of Pakistan (SBP) Act. The amendments aim to legalize digital currencies like Crypto and allow the central bank to oversee both physical and digital financial assets. Alongside...
, by Hassan Shittu
Russian Central Bank: Crypto Still Poses Major Economic Threat
Russia’s recent crypto pivot could yet face a roadblock in the form of the Central Bank, which says stablecoins and other tokens could “threaten the stability of the domestic market.” In a Russian Central Bank report on the “main directions” for economic development 2025-2027, officials...
, by Tim Alper
Russian Central Bank to Monitor Digital Assets Markets in Real Time
The Russian Central Bank has announced that it will start monitoring the blockchain technology-powered “digital assets markets” in real time. According to Vedemosti, the bank wants to focus its attention on digital financial assets (DFA) offerings. The bank thinks this move will “reduce the...
, by Tim Alper
Ecuador Central Bank: We Do Not Have Power to Ban Crypto
The General Manager of the Ecuadoran Central Bank Guillermo Avellán says that crypto is not illegal in the country, but thinks trading must be regulated.His comments come in the wake of a recent official Central Bank of Ecuador (BCE) statement that warned citizens about the volatility of...
, by Tim Alper
Philippines Set to Launch Central Bank Digital Currency by 2029
The Philippines’ central bank is reportedly set to issue its wholesale central bank digital currency (CBDC) by 2029. Deputy Governor Mamerto Tangonan said that Project Agila, the bank's wholesale CBDC initiative, is nearing the proof-of-concept phase completion, The Philippine Star...
, by Shalini Nagarajan
Philippines’ Central Bank Chief Rejects Crypto Endorsement Claims
Philippines' central bank issued a warning on Friday, urging citizens to be more cautious about crypto scams on social media. It clarified that Governor Eli Remolona, Jr. does not endorse an alleged crypto project "Tesler Code" or any other crypto investment. Further, it warned that scammers are...
, by Shalini Nagarajan
Cambodia’s Central Bank Governor Believes Digital Currency Will Boost Fiat Use: Here’s Why
Cambodia's Central Bank Chief has revealed that the country's CBDC can boost Riel adoption and reduce US dollar reliance.
, by Jimmy Aki
Russian Central Bank Flags Sharp Rise in Crypto-related Activity
The Russian Central Bank says it has noticed a significant rise in citizens’ transactions on crypto exchanges and peer-to-peer crypto trading platforms. Per the Russian media outlet RBC, the bank has published a financial stability report, making several observations on Russian...
, by Tim Alper
Brazil Central Bank Crafting Crypto Regulation Plan, Expected by Year’s End
Brazil's central bank unveiled a multi-phase plan to regulate crypto and virtual asset service providers on Monday. It aims to finalize the regulatory proposals by the end of this year. These regulations will establish rules that verify and enforce greater transparency around the potential...
, by Shalini Nagarajan
Central Banks to Explore Tokenization of Cross-Border Payments With Project Agora
A consortium of central banks worldwide, led by the Bank for International Settlements (BIS), announced a new initiative, "Project Agora," to explore the potential of tokenization to enhance existing financial systems.The BIS, representing 63 central banks globally, is engaged in various projects...
, by Hassan Shittu
UAE Introduces CBDC Implementation Strategy – Here’s What’s Inside
The United Arab Emirates (UAE) is now readying a central bank digital currency (CBDC) for retail and wholesale use, according to a Central Bank of UAE (CBUAE) announcement on Saturday. The national bank kicked off its digital dirham implementation strategy during a signing event on March 23 with...
, by Andrew Throuvalas
Russian Central Bank, Ministry of Finance to Settle Crypto Policy Differences
The Russian Ministry of Finance says it wants to settle its long-standing crypto policy differences with the nation’s Central Bank. According to the media outlet RBC, Finance Minister Anton Siluanov said he was “sure” his ministry and the bank would soon “come to an...
, by Tim Alper
ECB Says ETF Approval Does Not Change Bitcoin’s Unsuitability as Payment or Investment
The European Central Bank (ECB) has reiterated its position on Bitcoin (BTC), stating that the approval of spot ETFs for the cryptocurrency does not change its unsuitability as a means of payment or investment. In a Thursday blog post, the central bank's Ulrich Bindseil and...
, by Ruholamin Haqshanas
Nigeria Faces Pressure to Tighten Crypto Regulations for Financial Crime Prevention
Nigeria faces calls to go further in its efforts to clarify crypto regulation after a blockchain firm successfully finished training its fifth cohort of crypto compliance specialists last weekend. Blockchain intelligence service provider A&D Forensics teaches a course on curbing financial...
, by Tim Hakki
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