Central Banking

Legal

Swift Signs Agreement With 7 CSDs to Explore Blockchain for Post-Trade

Swift formalizes another major blockchain project by signing a memorandum of understanding with seven Central Securities Depositories.

Policy & regulation  ·  16 January 2018
Regulation

Report: PBoC Quashes Bitcoin Mining Ban Rumor in China

However, regulators in China reportedly plan to withdraw preferential benefits such as tax deductions and cheap electricity available to mining firms.

Policy & regulation  ·  4 January 2018
Europe

ECB Official Calls for Tax on Bitcoin Transactions

Bitcoin should be regulated and even taxed, according to a European Central Bank (ECB) governing council member.

Policy & regulation  ·  3 January 2018
Europe

UK Central Bank Mulls Cryptocurrency Linked To Pounds Sterling

A research unit at the Bank of England is reportedly investigating the introduction of a cryptocurrency linked to the British pound.

Policy & regulation  ·  2 January 2018
Regulation

China on a Blockchain? Maybe in 2018

China may have moved to ban crypto activities in 2017, but that doesn't mean the country won't be a major player in the year ahead.

Policy & regulation  ·  30 December 2017
Federal Reserve

A Central Bank Cryptocurrency? Not in 2018

Central bank digital currencies may sound like a nice idea, but blogger JP Koning argues they'll remain just that in 2018 – an idea.

Policy & regulation  ·  26 December 2017
Exchanges

Malaysia’s Central Bank Releases Draft Rules for Cryptocurrency Exchanges

Bank Negara Malaysia published draft guidelines for cryptocurrency exchanges to report their usage statistics to prevent illicit transactions.

Policy & regulation  ·  14 December 2017
Payments

Saudi, UAE Central Banks Team Up to Test Cryptocurrency

The central banks of the United Arab Emirates and Saudi Arabia are reportedly testing a new cryptocurrency for cross-border payments.

Policy & regulation  ·  13 December 2017
Regulation

Closing China’s Bitcoin Exchanges Was the Right Move, Says PBoC Official

The vice governor of the People's Bank of China has said that regulators took the right decision in banning ICOs and closing cryptocurrency exchanges.

Policy & regulation  ·  4 December 2017
Central Banks

The Ukrainian Central Bank Is Expanding Its Blockchain Team

Ukraine's central bank has expanded the group of people working to move the country's national currency to a blockchain.

Policy & regulation  ·  4 December 2017
Europe

Invest in Bitcoin ‘At Your Own Risk,’ Warns French Central Bank

The governor of the Bank of France has warned on the risks of investing in bitcoin, calling the cryptocurrency "speculative."

Policy & regulation  ·  1 December 2017
Regulation

Fed Vice Chair: Cryptocurrencies Threaten Financial Stability

Decentralized currencies could have "spillover effects" on the wider financial system if they get too big, Fed supervision chief Randal Quarles said.

Policy & regulation  ·  30 November 2017
Bitcoin

ECB’s Yves Mersch: Banks Need Faster Payments to Counter Bitcoin

European Central Bank board member Yves Mersch has said banks need to launch instant payments systems to counter the rise of cryptocurrencies.

Policy & regulation  ·  30 November 2017
Regulation

Russian Central Bank Issues New Warning Against Cryptocurrencies

Russia's central bank warned against investing in cryptocurrencies in its annual Financial Stability Report released Tuesday.

Policy & regulation  ·  29 November 2017
Russia

Ex-Moscow Exchange Exec Emerges as Blockchain Boss

A former executive of the National Depository of Ukraine left because of politics, but found "game-changing" opportunities in blockchain.

Policy & regulation  ·  20 November 2017