central bank

Glitch in Federal Reserve’s Payment System Impedes Americans’ Paychecks

Glitch in Federal Reserve’s Payment System Impedes Americans’ Paychecks

Coinan PorterNov 4, 20233 min read

US Banks Experience Deposit Delays Following Federal Reserve Payment System Outage On November 3, several major US banks were unable to process customer deposits due to…

Commencement of Swiss Wholesale CBDC Pilot in Collaboration with Central and Commercial Banks

Commencement of Swiss Wholesale CBDC Pilot in Collaboration with Central and Commercial Banks

Coinan PorterNov 2, 20233 min read

The Swiss National Bank and Six Commercial Banks to Pilot Wholesale CBDC Issuance The Swiss National Bank (SNB), in collaboration with six commercial banks and the…

Advancement of Hong Kong’s CBDC Pilot Takes e-HKD Trials to Phase 2

Advancement of Hong Kong’s CBDC Pilot Takes e-HKD Trials to Phase 2

Coinan PorterOct 31, 20233 min read

The HKMA Completes Phase 1 Trial of e-HKD CBDC The Hong Kong Monetary Authority (HKMA) has successfully completed the Phase 1 trial of its in-house central…

Why Legendary Investor Druckenmiller Recommends Owning Bitcoin

Why Legendary Investor Druckenmiller Recommends Owning Bitcoin

Coinan PorterOct 30, 20233 min read

Billionaire Investor Stanley Druckenmiller Acknowledges Bitcoin’s Brand Value Billionaire investor Stanley Druckenmiller recently praised Bitcoin (BTC) for establishing itself as a recognizable brand over the past…

China’s Central Bank Governor Pledges to Control Speculative Activity in Cryptocurrency Market

China’s Central Bank Governor Pledges to Control Speculative Activity in Cryptocurrency Market

Benito CormiOct 23, 20232 min read

Pan Gongsheng Pledges to End Cryptocurrency Speculation in China The new governor of China’s central bank, Pan Gongsheng, has vowed to put an end to speculation…

Examining Central Banks’ Interest in Cryptocurrency: A Promising Development?

Examining Central Banks’ Interest in Cryptocurrency: A Promising Development?

Coinan PorterOct 18, 20234 min read

**Crypto Data: A Concern for Central Banks** The Bank for International Settlements (BIS) has released its Project Atlas report, which indicates that the worlds of cryptocurrency…

Federal Reserve official dampens prospects for future central bank digital currency (CBDC)

Federal Reserve official dampens prospects for future central bank digital currency (CBDC)

Theon BarrettOct 17, 20232 min read

Federal Reserve Governor Questions Need for CBDC Federal Reserve Governor Michelle Bowman expressed skepticism about the necessity of a U.S. central bank digital currency (CBDC). She…

Upbit, a South Korean exchange, receives preliminary approval for license in Singapore

Upbit, a South Korean exchange, receives preliminary approval for license in Singapore

Coinan PorterOct 15, 20232 min read

The Singapore Entity of Upbit Receives In-Principal Approval for Major Payment Institution License Upbit, the largest cryptocurrency exchange in South Korea, has received in-principal approval for…

G20 Ministerial Calls for Swift Execution of Crypto Asset Roadmap in the Cryptocurrency Industry

G20 Ministerial Calls for Swift Execution of Crypto Asset Roadmap in the Cryptocurrency Industry

Cindy DuttaOct 13, 20233 min read

The G20 Calls for Swift Implementation of Crypto Assets Roadmap The finance ministers of the G20 nations have urged for the rapid and coordinated implementation of…

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