Central Banking

Brazil

Brazil Central Bank Chief Compares Bitcoin to Pyramid Scheme

The president of Brazil's central bank compared bitcoin to a financial scam, according to newly published statements.

Policy & regulation  ·  17 October 2017
IMF

‘Massive Disruption’: IMF’s Lagarde Says Cryptocurrencies Must Be Taken Seriously

Christine Lagarde, head of the IMF, has warned that central banks and financial services need to pay closer attention to cryptocurrencies.

Policy & regulation  ·  13 October 2017
Banking

Singapore Central Bank Reveals 3 New Blockchain Payments Prototypes

The Monetary Authority of Singapore has revealed three new prototypes as part of its "Project Ubin" blockchain research initiative.

Policy & regulation  ·  5 October 2017
Securities

European Central Bank Calls for DLT Post-Trade Interoperability

An ECB research report argues for greater interoperability between DLT and traditional systems as new services come online.

Policy & regulation  ·  3 October 2017
Banking

Boston Fed VP: Blockchain Will Wake Up Swift and Other Middlemen

The senior vice president of the Federal Reserve Bank of Boston believes blockchain will make financial middlemen wake up and innovate.

Policy & regulation  ·  3 October 2017
Regulation

IMF’s Lagarde: Ignoring Cryptocurrencies ‘May Not Be Wise’

Cryptocurrencies and their potential for growing use shouldn't be ignored, according to IMF chief Christine Lagarde.

Policy & regulation  ·  29 September 2017
Regulation

Chilean Banking Regulator Enlists in R3 Blockchain Consortium

The Superintendency of Banks and Financial Institutions of Chile, one of its two banking regulators, is partnering with R3 as a regulatory member.

Policy & regulation  ·  29 September 2017
ICOs

Central Banker’s Next Act: Helping Merchants Mint Cryptocurrency

A former Russian central banker has spun a blockchain startup out of a traditional payments firm, focusing on helping merchants mint cryptocurrency.

Policy & regulation  ·  29 September 2017
Regulation

Bitcoin Businesses Face Bank Account Closures in Singapore

Banks in Singapore have closed the accounts of a number of cryptocurrency firms without expanation, according to a news report.

Policy & regulation  ·  26 September 2017
Europe

Mario Draghi: European Central Bank Has ‘No Power’ to Regulate Bitcoin

The president of the European Central Bank has indicated that his institution does not have the authority to regulate cryptocurrencies.

Policy & regulation  ·  26 September 2017
Regulation

Nigerian Central Bank Director: Cryptocurrency Wave ‘Cannot Be Stopped’

A representative of the Central Bank of Nigeria opened up about his views on cryptocurrency at a technology-specific conference this week.

Policy & regulation  ·  25 September 2017
Latin America

Uruguay’s Central Bank Announces New Digital Currency Pilot

Uruguay is the latest country to see its central bank start experimenting with its own digital currency, according to statements from its president.

Policy & regulation  ·  22 September 2017
Payments

Germany’s Central Bank: Consumers Won’t Use Blockchain for Payments

Germany's central bank has published a new blockchain research paper.

Policy & regulation  ·  21 September 2017
Regulation

Malaysia’s Central Bank Is Close to Drafting New Cryptocurrency Rules

Malaysia's central bank could introduce rules around cryptocurrencies by the end of this year, according to statements by its governor.

Policy & regulation  ·  20 September 2017
Legal

‘End of Life Cycle’: BIS Report Positions DLT as Needed Banking Update

Distributed ledgers could help update aging central banking systems, says a new report, but issuing cryptocurrencies will be a more complex affair.

Policy & regulation  ·  18 September 2017