banks

Italian Banks Are Ready to Trial a Digital Euro

Italian Banks Are Ready to Trial a Digital Euro

The Italian Banking Association (ABI) announced Thursday that its banks are willing to pilot a digital euro.   The group shared 10 considerations for a digital euro in Thursday’s announcement, starting with, “Monetary stability and full compliance with the European regulatory framework must be preserved as a matter of priority.”  The group prioritized the need for …

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Iranian Lawmaker Says Bitcoin Should Be Central Bank's Turf

Iranian Lawmaker Says Bitcoin Should Be Central Bank’s Turf

An Iranian lawmaker wants his country’s central bank to take bitcoin seriously. Representative Mohammad Hossein Farhangi (Tabriz), speaking Tuesday before the nation’s parliament, called on the Governor of the Central Bank of Iran, Abdolnaser Hemmati, to handle oversight of bitcoin, according to the Tasnim news agency.  Calling proper management of bitcoin a “good opportunity for …

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Lipton: Stablecoins Can Bridge Central Banks and Consumer Payments

Lipton: Stablecoins Can Bridge Central Banks and Consumer Payments

Alexander Lipton is the CTO of Sila, a visiting professor and Dean’s Fellow at the Jerusalem Business School of the Hebrew University of Jerusalem, and a Connection Science Fellow at the Massachusetts Institute of Technology. As many still wait to receive the check from the Paycheck Protection Program and Health Care Enhancement Act, which is …

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Libra 2.0 may end up being a massive threat to central banks' CBDC hopes

Libra 2.0 may end up being a massive threat to central banks’ CBDC hopes

There has been rapid progress on the CBDC end lately. China has reached the final phase and many other countries are walking the same path. The latest news is the central bank think tank OMFIF launching the Digital Monetary Institute, a forum to further the explorations around central bank digital currencies (CBDC). Philip Middleton, Chairman …

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