The Monetary Authority of Singapore (MAS) will trial a wholesale central bank digital currency (CBDC) with local banks in a live setting next year, as part of its efforts to explore a greater use of…
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The Reserve Bank of Australia Australia’s government said it will introduce legislation this week overhauling the central bank’s governance, and named a Bank of England official as its deputy governor. Treasurer Jim Chalmers announced the…
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The Bank for International Settlements has said its Project Tourbillon has demonstrated central bank digital currency (CBDC) can provide cash-like anonymity. However, the bank says cryptography technology will need to improve before it can create…
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Central Bank of Argentina Argentina’s president-elect, Javier Milei, will appoint former central bank governor Luis Caputo to be his economy minister. Milei announced his choice in radio interviews on November 29. “Luis Caputo will be…
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Reserve Bank of New Zealand, Wellington New Zealand central bank governor Adrian Orr has defended its use of the Māori language in its communications. He made the comments on November 29 as a new coalition…
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Argentina’s president-elect, Javier Milei, is struggling to find a new governor for the Central Bank of Argentina. Emilio Ocampo, professor of economic history and former investment banker, was expected to take the helm of the…
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Korea plans to pilot a central bank digital currency prototype involving 100,000 citizens in the fourth quarter of next year. The Bank of Korea (BoK), Financial Services Commission and Financial Supervisory Services will jointly operate…
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Vietnamese police have accused 24 former and current central bank officials of accepting bribes from Saigon Joint Stock Commercial Bank (SCB) to overlook financial problems at the bank. Seventeen officials from the State Bank of…
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Bank of Portugal governor Mário Centeno faces an ethics review, after outgoing prime António Costa proposed him as his successor. Costa resigned on November 7 after prosecutors issued arrest warrants for members of his cabinet…
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The National Bank of Kazakhstan launched its central bank digital currency (CBDC), the digital tenge, on November 15 in Almaty. The first CBDC transactions were executed using bank cards powered by Mastercard and Visa. Digital…
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