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The Reserve Bank of India became the world’s only major central bank to gain one million followers on Twitter, boosting efforts to foster financial literacy in a society that is traditionally under-banked and vulnerable to frauds.
The European Central Bank appears serious about a digital euro.
Bitcoin's rally above US$15,000 (RM61,695) has reignited debate over whether the cryptocurrency is so-called digital gold or a perilously risky bet as investors grapple with the coronavirus pandemic.
PayPal Holdings Inc’s decision to open its network to bitcoin and its rivals was hailed by virtual coin enthusiasts as a watershed moment for cryptocurrencies and their path towards becoming a widespread means of payment.
Financial leaders of the world's seven biggest economies will say on Oct 13 that they oppose the launch of Facebook's Libra stablecoin until it is properly regulated, a draft G7 statement showed.
Japan must swiftly revise laws to allow the central bank to issue a digital currency, a move that could provide a chance to reform the Bank of Japan's existing mandates and enshrine its inflation target, a senior ruling party official said on Oct 12.
The world's largest central banks – and even some of the smaller ones – are toying with the idea of issuing digital currencies.
European banks are cutting branches like never before as the pandemic pushes clients away from bricks-and-mortar.
Lithuania, which is positioning itself as a financial-technology hub for start-ups, rolled out the world’s first crypto coin for collectors.
The challenge posed by Facebook's Libra cryptocurrency likely prodded major central banks to set up a new group to study the potential for issuing their own digital currencies.