The Reserve Bank of India is mulling a central bank digital currency as a means to reduce the country’s huge spend on minting physical cash.
As Central Banks Go Digital, Crypto Competition Looms
The race is on to build the best “stablecoin” – a cryptocurrency with mechanisms aimed to reduce price volatility built in.
UK Central Bank Says New Payments System Will Be Blockchain Friendly
The Bank of England confirmed it is going to update its Real-Time Gross Settlement system to potentially interact with blockchain-based forms.
UK Central Bank Says New Payments System Will Be Blockchain Friendly
The Bank of England confirmed it is going to update its Real-Time Gross Settlement system to potentially interact with blockchain-based forms.
EU Report Says Cryptocurrencies ‘Unlikely’ to Challenge Central Banks
Cryptocurrencies are “unlikely” to shake up the dominance of central banks and sovereign currencies, the EU’s newest report says.
St Louis Fed Now Tracks Crypto Prices on Its Research Database
The St. Louis Federal Reserve Bank is now tracking the prices of four top cryptos in its economic research database, FRED.
Brazil’s Central Bank Plans Blockchain Data Exchange for Regulators
Banco Central do Brasil is building a blockchain platform to ensure the authenticity of data exchanged between financial authorities.
What Would Happen to Crypto In a Global Market Meltdown?
CoinDesk advisory board director Michael Casey takes a look at the state of investor psychology as it relates to the crypto markets today.
The Fed Should ‘Get Serious’ About Crypto, Says Former FDIC Chair
Former chair of the FDIC, Sheila Bair, writes on the viability of CBDCs and their need for further investigation.
Bank of Italy Official: Central Banks Not Ready to Issue Digital Currencies
The Deputy Governor of the Bank of Italy believes that central banks are not yet ready to issue institute-backed digital currencies.
Dutch Central Bank: Blockchain ‘Promising’ But ‘Inefficient’ in Payments
Blockchain technology isn’t yet a beneficial addition to the payment system in the Netherlands, according to the country’s central bank.
Thailand Trials Central Bank Digital Currency for Interbank Settlement
Thailand’s central bank is examining how a blockchain-based digital currency could make interbank settlement both faster and cheaper.
South Africa’s Central Bank Claims Success in Blockchain Payment Trial
South Africa Reserve Bank indicates that tests of a blockchain-based system for interbank clearance and settlement produced astonishing results.
Public or Private? Blockchain Distinctions Are Falling Out of Fashion
“Convergence” means different things to different people in the blockchain space. But it’s a word that’s cropping up again and again.
Bank of Russia Official: Still Too Early to Gauge Blockchain’s Potential
A senior official at Russia’s central bank has said blockchain technology is immature but may have industrial-scale applications.
Fed Governor Says ‘No Compelling Need’ for US Central Bank Crypto
Fed governor Lael Brainard has said that cryptocurrencies do not pose a threat, and there is “no compelling need” for a Fed-issued digital currency.
R3 Researcher: Central Bank Blockchain Could Go Live In 2018
South Korea’s first major blockchain conference saw discussion of the possibility of a central bank cryptocurrency Wednesday.
Taiwan Central Bank Proposes Money Laundering Rules for Bitcoin
The Central Bank of Taiwan is eyeing new rules that would bring bitcoin under the island’s existing anti-money laundering regulations.
China’s Central Bank Eyes Crypto as Possible Yuan Risk
The People’s Bank of China says cryptocurrencies will be a top priority for the agency this year, in an effort to protect the national currency.
State Digital Currency Still On Agenda, Says China Blockchain Research Lead
China is still in the process of developing a state digital currency, the chief of a government-funded blockchain research center has said.