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Central Bank of France and Switzerland Runs Cross-Border CBDC Trial at’Project Jura’

CBDCCentral Bank of France and Switzerland Runs Cross-Border CBDC Trial in ‘Project Jura’ AnTyJune 10, 2021The Banque de France and the Swiss National Bank are working with a private sector consortium for the trial of a central bank digital currency (CBDC) in a project dubbed Jura.The two central banks are collaborating with BIS Innovation Hub…

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Net Reduction of Central Bank of India, tipped to Become privatised, narrows in Q4

Central Bank of India stock closed at Rs 23 apiece on the BSE, a jump of 7.98 per cent over the previous close. TopicsCentral Bank of India | Indian banking sector | Banks State-owned Central Bank of India on Monday reported narrowing of its net loss to Rs 1,349.21 crore on a standalone basis in the last quarter of…

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India Central Bank RBI Reiterates Crypto Trading Concerns

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Chinese central bank’s digital yuan given trial by lottery

A sign indicating digital yuan, also referred to as e-CNY, is pictured at a shopping mall in Shanghai, China May 5, 2021. REUTERS/Aly SongChina’s capital Beijing will launch a lottery in June giving out free online wallets containing 200 digital yuan ($31.34) to winners, in another trial for the central bank’s eCNY, according to a…

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‘Central Park Karen’ Says Black Birdwatcher Was Aggressive

Published 14 hours ago Amy Cooper, who came to be known across social media as “Central Park Karen” after she called 911 and lied about being threatened by a Black bird watcher in Central Park last year, is suing her former employer Franklin Templeton for firing her after the incident. According to Bloomberg, Cooper claims…

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Central Park ‘Karen’ Sues Old Bosses for Firing, Calling Her Racist

Central Park ‘karen’ Sues Old Bosses … You Labeled Me a Racist!!! 5/26/2021 1:46 PM PT May 25, 2020 Facebook/Christian Cooper Amy Cooper — who was branded Central Park “Karen” after calling cops on a Black man — is taking her former employer to court, saying they painted her with a broad, racist brush. Cooper…

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NZ central bank to be patient on policy in quest for maximum employment

WELLINGTON — New Zealand’s central bank is likely to keep its foot hard on the stimulus pedal this week even as a surprisingly rapid recovery in the economy allows it to upgrade forecasts for activity and inflation.In a Reuters poll, all 12 economists expect the Reserve Bank of New Zealand (RBNZ) to hold the official…

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Dutch Central Bank Forced To Backpedal On Bitcoin Address Verification Procedures After Court Ruling

Bitonic, the oldest Bitcoin exchange in the Netherlands, recently had its day in court with the Dutch Central Bank (DCB). At issue was the legitimacy of DCB’s mandate that Bitonic (and other Bitcoin exchanges and custodians operating in the Netherlands) implement very stringent “address verification procedures” in order to obtain the legally required registration with…

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Liberian Central Bank Asks Local Crypto Startup to Drop its Plan to Launch a Digital Asset

The Central Bank of Liberia (CBL) has warned against a local crypto startup’s plan to proceed with the introduction of a digital financial product without adhering to the required regulation. According to the CBL, this act will not only be illegal but this will likely “undermine the country’s financial system.” The CBL’s warning follows an…

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India Central Bank Unveils Loan Relief to Tide Over Pandemic

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