central

Vladimir Putin signs order requiring Russian public officials to disclose crypto holdings

Sberbank seeks central bank approval for blockchain platform: report

Major Russian state-owned bank Sberbank has sought approval from the country’s central bank for a blockchain-based financial platform, local Russian news outlet Interfax reported on Thursday.  According to the report, the bank has submitted an application to the Central Bank of the Russian Federation to register a blockchain platform, with plans to launch in the …

Sberbank seeks central bank approval for blockchain platform: report Read More »

Executives central to the Findora mystery hit with lawsuit alleging fraud and embezzlement

Executives central to the Findora mystery hit with lawsuit alleging fraud and embezzlement

A newly filed lawsuit has shed some light on one of the most bizarre storylines to bubble up from the world of cryptocurrency. Ariel Abittan, a New York-based investor who says he is a shareholder of Eian Labs, a U.S.-based DeFi startup that was rebranded to Findora in 2019, filed the suit on December 24 …

Executives central to the Findora mystery hit with lawsuit alleging fraud and embezzlement Read More »

Fed researchers survey past literature on central bank digital currencies and highlight current issues

Fed researchers survey past literature on central bank digital currencies and highlight current issues

Researchers from the U.S. Federal Reserve published a deep-dive into the past literature on central bank digital currencies on Monday — while also laying out critical considerations for the future of such initiatives.  With a wholly digital dollar — whether from a private entity, the Fed itself or a mix of the two — potentially …

Fed researchers survey past literature on central bank digital currencies and highlight current issues Read More »

EY launches Ethereum-based procurement solution for enterprises

EY-led consortium bids to work on Korea’s central bank digital currency pilot project

A consortium led by EY Hanyoung, the “Big Four” consulting giant’s South Korean subsidiary, has reportedly bid for the country’s central bank digital currency (CBDC) pilot project. EY Hanyoung, along with Samsung SDS and Japanese tech giant LINE (owned by South Korea’s Naver Corporation), looks to work on the technical design of the CBDC project, …

EY-led consortium bids to work on Korea’s central bank digital currency pilot project Read More »

The Bahamas Reveal Details, October Date of Landmark Central Bank Digital Currency Debut

The Bahamas Reveal Details, October Date of Landmark Central Bank Digital Currency Debut

The Bahamas confirmed it will cross the central bank digital currency (CBDC) finish line next month. “The intended outcome of Project Sand Dollar is that all residents in The Bahamas would have use of a central bank digital currency, on a modernized technology platform, with an experience and convenience – legally and otherwise – that resembles …

The Bahamas Reveal Details, October Date of Landmark Central Bank Digital Currency Debut Read More »

Brazil will likely have a CBDC ready in 2022, says central bank president

Brazil will likely have a CBDC ready in 2022, says central bank president

The president of Brazil’s central bank said a digital real is likely coming in 2022. In an interview with Bloomberg TV, Roberto Campos Neto told editor Erik Schatzker that a central bank digital currency (CBDC) will be the culmination of other efforts to modernize Brazil’s banking system. Brazil is one of a number of central …

Brazil will likely have a CBDC ready in 2022, says central bank president Read More »

CBDCs need the private sector to be competitive, says Ukrainian central bank official

CBDCs need the private sector to be competitive, says Ukrainian central bank official

In 2018, Ukraine’s central bank conducted a pilot program focused on digitizing the hryvnia, the country’s national currency. Results of that pilot were shared with the public in early 2020, according to The Block’s new central bank digital currency report. And according to one of the officials involved in that effort, central bank digital currencies …

CBDCs need the private sector to be competitive, says Ukrainian central bank official Read More »

The Bahamas’s central bank put its digital currency on its official balance sheet in April

The Bahamas’s central bank put its digital currency on its official balance sheet in April

In a financial statement published in late April, the Central Bank of The Bahamas achieved a little-known milestone — including its brand-new digital currency on its balance sheet. First included on page forty-seven of its annual report, the central bank noted that it had put $48,000 worth of the Sand Dollar into circulation. The document …

The Bahamas’s central bank put its digital currency on its official balance sheet in April Read More »

Scroll to Top