China’s central bank has played down reports that it will issue its digital yuan in November through major banks and companies.
New Head of China’s Digital Currency Says It Beats Facebook Libra on Tech Features
The PBoC’s new digital currency chief has said its upcoming digital yuan has features not offered by Facebook Libra.
A Crypto Fix for a Broken International Monetary System
Mark Carney’s recent statements about a new digital global currency has opened the door to fresh ideas built on blockchain, Michael J Casey writes.
UK Central Bank Governor Sees Digital Currency Displacing US Dollar as Global Reserve
BOE governor Mark Carney called on Friday for the creation of a wholly digital alternative to the U.S. dollar.
China’s Central Bank ‘Close’ to Launching Official Digital Currency
An official at China’s central bank has said the institution is nearing the launch of its national digital currency.
ECB Says It Plans to Use More On-Chain Data to Monitor Crypto Assets
The European Central Bank has issued a new report revealing plans to use more granular blockchain data to better monitor the crypto markets.
Ex-Trump Advisor Steve Bannon: ‘Global Populist Revolt’ Helps Crypto
Donald Trump’s former chief strategist is bullish on crypto amidst attacks on the dollar
Crypto Exchange Rain Raises from BitMEX, Opens Trading In Middle East
BitMEX Ventures-backed crypto exchange Rain opens for business following a two-year sandbox program under Bahraini central bank
Traditional Money Could Be ‘Surpassed’ By E-Money, Stablecoins: IMF Paper
A new IMF paper suggests that cash and bank deposits could be left behind as digital money and fiat-pegged cryptos see greater adoption.
What Trump’s Bitcoin Tweet Changes
Donald Trump took aim at bitcoin last week. He also kicked off a whole new phase in bitcoin’s mainstream moment.
Facebook Libra Threat Could Spur Work on China’s National Digital Currency: PBoC Official
China’s central bank could hasten development of its digital yuan to counter the threat posed by Facebook’s Libra cryptocurrency, an official says.
Bank of Japan: Adopting Central Bank Crypto Would Mean Dropping Cash
A Bank of Japan official has ruled out the launch of a central bank digital currency because to do so may require the country to abandon cash.
BIS Chief: Central Banks May Issue Digital Currencies ‘Sooner Than We Think’
The chief of the Bank for International Settlements has acknowledged that central banks will likely soon need to issue their own digital currencies.
Swiss Central Banker ‘Relaxed’ About Facebook’s Libra Crypto
A Swiss central banker has suggested that Facebook’s cryptocurrency project, Libra, is not ruffling any feathers with the regulator, Reuters reports.
BIS Wants ‘Level Playing Field’ for Banks Amid Threat From Firms Like Facebook
The Bank for International Settlements has expressed concerns over the expected disruption as big tech firms like Facebook enter the financial space.
Russia’s Central Bank Is Considering Launching a Digital Currency
The head of Russia’s central bank has said the institution is investigating the possible future launch of a digital currency.
Bundesbank Chief Warns on Risks of Central Bank Digital Currencies
The head of Germany’s central bank has said central bank digital currencies could destabilize financial systems and worsen bank runs.
ECB Official Says Wholesale Central Bank Digital Currency a ‘Viable Option’
A European Central Bank council member has come out generally in favor of wholesale central bank digital currencies.
Russian Central Bank to Consider Gold-Backed Cryptocurrency
The Bank of Russia will consider the use of a gold-backed cryptocurrency to facilitate international settlements, according to its governor.
Boston Fed Announces Plans To Design a Blockchain ‘Supervisory Node’
The Boston Federal Reserve is close to launching their own private supervisory node.