India To Ban Almost All Private Cryptocurrency In New Clampdown
India is set to ban all but a few private cryptocurrencies following the government’s Tuesday announcement that it was introducing a new financial regulation bill.
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CBDC
20% Of Bank Deposits Could Move To Digital Pound, BoE Says
If a central bank digital currency (CBDC) was introduced in the UK, then 20% of deposits could leave the commercial banking system, say Bank of England (BoE) officials.
Bank Of England To Consult On Possible Central Bank Digital Currency
On Tuesday, the Bank of England and the Treasury said they would be holding a formal consultation next year on whether they should proceed with a possible central bank digital currency (CBDC) that would take several years to introduce.
French And Swiss Central Banks To Trial Digital Currencies
Switzerland’s central bank will explore the viability of a digital currency alongside the Bank of France and a consortium of private sector banks.
