Tag: central banks
Bank of Korea Governor Sees CBDC Introduction as Case for 'Urgency:' Report
Stablecoins' widespread usage and frequent instability could lower the effectiveness of central bank monetary policies, Rhee Chang-yong said.
www.coi [...]
Taiwan Completes Wholesale CBDC Technical Study, Central Bank Official Says
Chu says CBDCs "can serve as the operational basis for tokenization" as traditional financial institutions increasingly experiment with digitizing rea [...]
RBI invested $1 billion in US Treasury in April amid swelling foreign exchange reserves
MUMBAI: The Reserve Financial institution of India has purchased about $1 billion of US Treasuries after promoting a document $21 billion in March, [...]