Central Bank


Policy

UK, US Regulators Call for ‘High Levels’ of Global Collaboration in Overseeing DeFi

The Fed is sharing its analysis on central bank digital currencies (CBDC) with six other central banks at the BIS, said Chair Jerome Powell.

Fed Chair Jerome Powell (Samuel Corum/Getty Images)

Markets

Fed's Powell Set to Remove Punch Bowl That Lubricated Crypto Party

The Fed appears set to raise interest rates next week for the first time since 2018. With inflation now at nettlesome levels and still climbing, the so-called "Fed put" might be out of action, one economist said.

Fed Chair Jerome Powell (House Financial Services Committee/YouTube)

Finance

Central Bank of Brazil Selects Partners to Assist With CBDC

The bank wants to evaluate use cases for a digital real and its technological feasibility.

(Jo Galvao/Shutterstock)

Markets

Russian Banks Raise Key Rates to 20% in Desperate Measure to Save Ruble

The country faces sanctions from the West as the war against Ukraine continues.

Russian President Vladimir Putin has ordered the country's nuclear deterrence force to be on high alert, citing sanctions. (Pool/Getty)

Markets

Central Bank of Russia Braces for Turmoil With Nonresident Trading Ban

Nonresident holders of Russian equities won't be able to cash out, at least for now.

Moscow's skyline (Flickr)

Policy

Spain’s Central Bank Licenses Bit2Me to Be Country’s First Crypto Services Provider

The exchange will be able to provide banks based in Spain with a white-label service for crypto trading on their platforms.

Sede del Banco de España. (Shutterstock)

Policy

Indian Finance Minister Says RBI Is on Board With New Crypto Rules

Sitharaman downplayed concerns of disagreements between the central bank and the government on crypto.

RBI entrance in New Delhi, India

Markets

ECB, BOE Have Scant Leeway to Influence Bitcoin

While all macro decisions matter, the Fed is the most important as it drives the global policy, one observer said.

The ECB building (Source: Pixabay)

Markets

Morgan Stanley Says Crypto Markets Are Weakening as Central Banks Look to Tighten

The imminent start of central bank tightening is putting pressure on the crypto market.

morgan stanley