Central Banking

China

PBoC’s Digital Currency Chief Departs to Lead Securities Clearing House

The former chief of China's central bank digital currency initiative has left the role to lead the country's central securities clearing house.

Policy & regulation  ·  15 October 2018
Exchanges

FinCEN Blasts Iran’s ‘Malign’ Use of Crypto to Bypass Economic Sanctions

U.S. regulator FinCEN is urging domestic exchanges to prevent Iran from using cryptocurrency to bypass economic sanctions.

Policy & regulation  ·  12 October 2018
China

PBoC Is Seeking Blockchain Talent to Help Build Its Central Bank Crypto

China's central bank is looking to recruit blockchain tech and legal experts as it continues development of a yuan-based digital currency.

Policy & regulation  ·  11 October 2018
Europe

Blockchain Finance Startup Clearmatics Raises $12 Million in New Funding

Blockchain finance firm Clearmatics has closed a $12-million Series A funding round led by Route 66 Ventures.

Policy & regulation  ·  10 October 2018
Stablecoins

PBoC Op-Ed Pushes Use Case for Yuan-Pegged Crypto Stablecoins

A researcher from the People's Bank of China voiced support for yuan-pegged stablecoins in an op-ed published Tuesday.

Policy & regulation  ·  10 October 2018
Exchanges

Middle East’s First Central Bank-Backed Crypto Exchange to Launch in 2019

After a year in the Central Bank of Bahrain's regulatory sandbox, Rain Financial is gearing up to offer crypto on-ramps from all regional currencies.

Policy & regulation  ·  9 October 2018
Regulation

India’s Central Bank Denies ‘Formal Creation’ of Blockchain Unit

The Reserve Bank of India has denied officially forming a new unit to research AI and blockchain technology, despite reports to the contrary.

Policy & regulation  ·  30 September 2018
Bitcoin

R3’s Hearn and Brown Say Enterprise Blockchain’s Day of Reckoning Is Here

Bitcoin apostate Mike Hearn and his R3 colleague Richard Gendal Brown view the enterprise blockchain game as, if not quite zero-sum, something close.

Policy & regulation  ·  19 September 2018
Europe

ECB Has ‘No Plans’ to Issue a Digital Euro, Says Mario Draghi

The chief of the European Central Bank, Mario Draghi, said Friday that the institution has "no plans" to issue a digital currency, Reuters reports.

Policy & regulation  ·  14 September 2018
Exchanges

Indian Central Bank Argues Cryptos ‘Not Valid’ as Currency in Court Battle

The Reserve Bank of India has argued at the Supreme Court that bitcoin cannot be recognized as either money or currency.

Policy & regulation  ·  13 September 2018
China

PBoC’s Digital Currency Lab Launches New Research Center

The Digital Currency Research Lab within China's central bank is expanding to Nanjing to enable wider deployment of blockchain and other fintech. 

Policy & regulation  ·  5 September 2018
Europe

EU Lawmakers Weigh ‘Standard’ for ICOs Under Crowdfunding Rules

Members of the European Parliament convened with experts on Tuesday to discuss a proposal for standardizing ICO rules around the EU.

Policy & regulation  ·  5 September 2018
China

PBoC-Backed Blockchain Trade Finance Platform Enters Test Phase

A blockchain trade finance platform spearheaded by the People's Bank of China has entered the testing phase ahead of an official roll-out.

Policy & regulation  ·  4 September 2018
Venezuela

Venezuela’s Petro Cryptocurrency Is a Gift to Future Generations

The petro cryptocurrency may be one of the most ill-conceived blockchain projects. But it just might speak to exactly why the tech is gravely needed.

Policy & regulation  ·  2 September 2018
Exchanges

India Eyes State Digital Currency to Cut $90 Million Banknote Bill

The Reserve Bank of India is mulling a central bank digital currency as a means to reduce the country's huge spend on minting physical cash.

Policy & regulation  ·  30 August 2018