Browsing Tag
#Central Bank
67 posts
Nigeria’s NITDA advocates AI integration in payments for global recognition
In a bid for greater global recognition and domestic use of the Nigeria Payments System, the director-general (DG)…
Bug in Fed’s payment system prevents Americans from getting paid
Some of the largest United States banks cannot facilitate customer’s deposits after one of the Federal Reserve’s payment…
South Korean exchange Upbit gets initial license nod from Singapore
The Singapore entity for Upbit, South Korea’s largest exchange by volume, has been given in-principal approval for a…
Latvia central bank opens to fintech with ‘Innovation Hub’
Fintech innovations and emerging technologies have swept the world, causing global lawmakers to rush to understand and regulate…
Jamaican taxi drivers bullish on accepting Jam-Dex CBDC
Bus and taxi operators in Jamaica are eager to use the country’s in-house central bank digital currency (CBDC)…
Gold-backed BRICS currency will be ‘very hard’ to deliver: Lyn Alden
Macroeconomist Lyn Alden has cast doubt on a proposal that would see five countries work together to develop…
Nigeria to issue verifiable blockchain certificates for NYSC
Kashifu Inuwa Abdullahi, who holds the position of director-general at the National Information Technology Development Agency (NITDA), has…
Federal Reserve’s banking bailouts reach a new weekly high of $103B
The United States Federal Reserve ’s emergency fund for embattled banks has seen its highest level of distressed…
CBDC ‘may not be a compelling priority,’ says Kenya’s central bank
The Central Bank of Kenya received comments on a discussion paper on the potential issuance of a digital…
Retail CBDCs bring unknown ‘consequences’ to financial system — IMF director
A myriad of unforeseeable “consequences” could be brought about by retail central bank digital currencies (CBDCs), the managing…