Central Banking

Regulation

Russian Central Bank Strikes Restrictive Tone on Cryptocurrency

Russia's central bank doesn't want to see cryptocurrencies classified as a form of foreign currency, according to statements from its governor.

Policy & regulation  ·  18 September 2017
Europe

BoE Official: Central Bank Digital Currency Would Need ‘Extraordinary’ Resilience

A Bank of England researcher wrote earlier this week that a central bank digital currency would need "extraordinary" levels of resilience to work.

Policy & regulation  ·  14 September 2017
Regulation

Namibian Central Bank: Bitcoin Purchases Illegal Under Law

A paper from the Bank of Namibia makes familiar points about the risks of money laundering and the perils of a stateless currency.

Policy & regulation  ·  14 September 2017
Regulation

Philly Fed Event to Explore Blockchain’s Impact on Financial Stability

The Federal Reserve Bank of Philadelphia is set to discuss blockchain and cryptocurrencies at an event this month.

Policy & regulation  ·  13 September 2017
India

Indian Central Bank Studies ‘Fiat Cryptocurrency’ for Digital Rupee

The executive director of the Reserve Bank of India has confirmed that research into a "digital rupee" is still ongoing.  

Business  ·  13 September 2017
Federal Reserve

US Federal Reserve Hints at DLT Integration in New Report

The US Federal Reserve hinted in a report this week that it might look to integrate distributed ledger tech in the future.

Policy & regulation  ·  7 September 2017
Banking

DLT Not Ready to Replace Settlement Systems, ECB and BoJ Say

The Bank of Japan and the ECB have said that blockchain technology is too "immature" to replace their real-time settlement systems.

Policy & regulation  ·  6 September 2017
Banking

Is Blockchain Ready for Fiat? Why Banks See Big Promise in Crypto Cash

Both new and founding members of the Utility Settlement Coin project think its work could lead central banks to adopt blockchain-based fiat currency.

Policy & regulation  ·  6 September 2017
Regulation

Russia’s Central Bank Issues Warning on Cryptocurrencies and ICOs

The Bank of Russia, the country's central bank, has issued a new statement on the risks of cryptocurrencies and initial coin offerings.

Policy & regulation  ·  5 September 2017
Regulation

Brazil’s Central Bank Considers Blockchain Settlement Prototype

Brazil's central bank is seeking to investigate possible use cases for blockchain tech and is now moving toward prototyping.

Policy & regulation  ·  5 September 2017
Legal

Cryptocurrency and Central Banks: The Quest to Dematerialize Money

A former central bank technologist takes a look at why central banks might consider issuing cryptocurrency – and the possible implications.

Policy & regulation  ·  4 September 2017
Central Banks

Barclays, HSBC Join Settlement Coin as Bank Blockchain Test Enters New Phase

Utility Settlement Coin is moving into its third phase – building a kind of blockchain-based fiat testnet – with six new partners.

Policy & regulation  ·  30 August 2017
Banking

Bank of England: DLT Shift Could Lead to New Securities Monopolies

The U.K.'s central bank has warned that a shift to DLT could bring about both positive and unwelcome changes in the securities settlement industry.

Policy & regulation  ·  28 August 2017
Cryptocurrency

South Africa’s Central Bank: It’s ‘Too Risky’ to Launch a Cryptocurrency

A senior official for the South African Reserve Bank has spoken of the risks for the institution in launching its own cryptocurrency.

Policy & regulation  ·  23 August 2017
Cryptocurrency

10 Reasons Why Central Banks Will Miss the Cryptocurrency Renaissance

A former central banker outlines 10 reasons why he believes his former employer (and other banks like it) will fail to adapt to cryptocurrency.

Policy & regulation  ·  19 August 2017