Central Banking

News

Top Fed Official Says US Central Bank ‘Actively’ Debating Digital Dollar

Federal Reserve Bank of Dallas President Rob Kaplan says the U.S. dollar faces increasing threats to its status as the global reserve currency.

Policy & regulation  ·  16 October 2019
Europe

French Central Banker: The World Needs to Standardize Crypto Regulations

A French central banker is calling for a global regulatory framework on crypto assets.

Policy & regulation  ·  16 October 2019
CFTC

Fearing USD Decline, Ex-CFTC Heads Propose a Blockchain-Based Digital Dollar

Two former ranking members of the CFTC offered up a plan for a government-sanctioned, blockchain-based digital dollar.

Policy & regulation  ·  16 October 2019
Facebook

Libra Is ‘Catalytic Event’ for Central Banks, Says Head of Sweden’s Riksbank

Libra, says Stefan Ingves, is forcing central banks to re-consider their primary product: money.

Policy & regulation  ·  15 October 2019
Russia

Russian Central Bank Chief: ‘No Obvious Need’ for National Cryptocurrency

Russia's central bank sees no strong reason to launch a national cryptocurrency that would override the potential risks, according to its chief.

Policy & regulation  ·  10 October 2019
SIX

Swiss Central Bank to Explore Use of Digital Franc in Settling Trades

Switzerland’s central bank and the SIX stock exchange will study using a central bank digital currency to settle trades of tokenized assets.

Policy & regulation  ·  9 October 2019
Europe

Fed Official Says Digital Central Bank Currency Is ‘Inevitable’

Philadelphia Federal Reserve bank president Patrick Harker said it is “inevitable” for the central banks to start issuing digital currency.

Policy & regulation  ·  3 October 2019
Libra

ING’s Chief Economist Predicts Central Bank Digital Currencies in 2-3 Years

Dutch bank ING's chief economist has said Facebook's Libra is pressuring central banks to launch their own digital currencies, and soon.

Policy & regulation  ·  27 September 2019
Regulation

‘No Argument’ for Replacing Dollar’s Global Role With Crypto: Ex-Fed Official

The ex-official pushed back at a suggestion from the chief of the Bank of England that a Libra-like crypto should replace USD in global markets.

Policy & regulation  ·  26 September 2019
China

PBoC Denies Claims It Will Launch Digital Currency in November

China's central bank has played down reports that it will issue its digital yuan in November through major banks and companies.

Policy & regulation  ·  23 September 2019
Facebook

New Head of China’s Digital Currency Says It Beats Facebook Libra on Tech Features

The PBoC's new digital currency chief has said its upcoming digital yuan has features not offered by Facebook Libra.

Policy & regulation  ·  6 September 2019
Stablecoins

A Crypto Fix for a Broken International Monetary System

Mark Carney's recent statements about a new digital global currency has opened the door to fresh ideas built on blockchain, Michael J Casey writes.

Policy & regulation  ·  2 September 2019
Regulation

UK Central Bank Chief Sees Digital Currency Displacing US Dollar as Global Reserve

BOE governor Mark Carney called on Friday for the creation of a wholly digital alternative to the U.S. dollar.

Policy & regulation  ·  23 August 2019
China

China’s Central Bank ‘Close’ to Launching Official Digital Currency

An official at China's central bank has said the institution is nearing the launch of its national digital currency.

Policy & regulation  ·  12 August 2019
Europe

ECB Says It Plans to Use More On-Chain Data to Monitor Crypto Assets

The European Central Bank has issued a new report revealing plans to use more granular blockchain data to better monitor the crypto markets.

Policy & regulation  ·  7 August 2019