A central bank, reserve bank, or monetary authority is a public institution that manages a state's currency, money supply, and interest rates. Central banks also usually oversee the commercial banking system of their respective countries. In contrast to a commercial bank, a central bank possesses a monopoly on increasing the nation's monetary base, and usually also prints the national currency, which usually serves as the nation's legal tender.
All stories in Central bank
For years, financial bigwigs have criticized cryptocurrencies such a Bitcoin, while often lauding its underlying blockchain ...
Saudi Arabia’s and the United Arab Emirates’ (UAB) central banks have teamed up to test a new cryptocurrency.
63 central banks were surveyed on the status their proposed CBDCs, to determine the likelihood of an incoming wave of digitized ...