central banks


Markets

Crypto Market Is Skeptical About the Formation of a U.S. Strategic Reserve: JPMorgan

A number of U.S. states have rejected the idea of using bitcoin as a reserve asset due to its volatility, the report said.

JPMorgan (Shutterstock)

Policy

More Central Banks Are Exploring a CBDC, BIS Survey Finds

There's a greater chance of a wholesale CBDC being issued within six years than a retail one, according to the report.

BIS building (BIS)

Markets

Bitcoin Has Best Day in 2 Months as Markets Anticipate a ‘Summer of Easing'

The net percent of global central banks cutting rates is increasing in a positive sign for risk assets, including cryptocurrencies.

(Giovanni Calia/Unsplash)

Markets

Bitcoin Tentative, Asian Stocks Slide on BOJ Rate Hike Talks

The BOJ has long been seen as a major source of uncertainty for financial markets, including cryptocurrencies.

Japan (Su San Lee/Unsplash)

Opinion

Test and Deploy: A New Era for CBDCs

Live CBDCs have been met with underwhelming demand. However, some central banks are pushing ahead with more modestly-scaled efforts laser focused on specific use cases.

Central banks from Mexico and Colombia studied crypto's role in the developing world (Flickr)

Policy

Bank of Korea Governor Sees CBDC Introduction as Case for 'Urgency:' Report

Stablecoins' widespread usage and frequent instability could reduce the effectiveness of central bank monetary policies, Rhee Chang-yong said.

Bank of Korea

Policy

Taiwan Completes Wholesale CBDC Technical Study, Central Bank Official Says

The focus is now on gathering feedback and improving a platform design, according to Deputy Governor Chu Mei-lie.

(Timo Volz/Unsplah)

Policy

UK Lawmakers Urge Lower Digital Pound Holding Limits

They also want the government to tweak plans to make sure the CBDC’s design won’t preclude the possibility of paying interest on the digital pound.

UK United Kingdom British England Flag (Unsplash)

Markets

Bitcoin Holds Steady Above $34K After Hawkish Bank of Japan Decision

The BOJ's yield curve control program has been a major source of liquidity for financial markets since 2016.

(Shutterstock)

central banks | CoinDesk