The central bank of France wants the eurozone to build a DLT-based settlement system that moves euros faster and more cheaply than existing tech.
Jerome Powell has said his institution is looking into the possibility of developing a digital currency, but the option throws up many policy questions and unclear benefits.
The Fed warned that a stablecoin crisis could wreak havoc on the global economy and outlined the steps issuers must take to protect the status quo.
China's proposed digital yuan should strike a balance between protecting privacy and regulatory enforcement, a central bank official said.
In a sweeping rejection, the central bank quashed "unfounded" rumors that it had become the first monetary authority to issue a CBDC.
Coeure is to lead the new BIS Innovation Hub in researching and perhaps developing fintech with benefits, such as digital currencies.
Working with JPMorgan and Temasek, Singapore's central bank has developed a prototype blockchain-based cross border payments system.
The People's Bank has said blockchain is a solution to trade finance asymmetries in the latest promotion of the tech in China.
The central bank is expanding the role of its Retail Payments Manager to include digital currencies, stablecoins and distributed ledger technologies as part of a new hire.
China’s central bank will certify a list of fintech product types that are widely used for digital payment and blockchain services with its verification system.
China's central bank could be the first to issue its own national digital currency, a former official said, while contending that Libra was doomed.
Bitcoin users in Lebanon have numerous hurdles to overcome to develop a local market during the nation's economic crisis.
Libra must abide by international foreign exchange regulations to not enable illegal transfers or “it should be banned,” a senior Chinese regulator said Monday.
Regulators should offer a path for stablecoins to exist alongside current financial systems, writes a fellow at Harvard's Berkman Klein Center.
Federal Reserve governor Lael Brainard delivered a sharp critique of Libra, which would need to resolve many regulatory hurdles before going live.