Central Banking

Digital Currency

As Central Banks Go Digital, Crypto Competition Looms

The race is on to build the best "stablecoin" – a cryptocurrency with mechanisms aimed to reduce price volatility built in.

Policy & regulation  ·  28 August 2018
Banking

Thailand’s Central Bank Is Developing a Digital Currency Based on R3 Tech

The Bank of Thailand is developing its own digital currency, aiming to complete a first proof-of-concept by March 2019.

Policy & regulation  ·  22 August 2018
Banking

Bitt Inks Blockchain Deal With Another Caribbean Central Bank

Bitt is partnering with the Centrale Bank van Curaçao en Sint Maarten to look into issuing a central bank-backed digital currency for the two nations.

Policy & regulation  ·  13 August 2018
CBDC

Central Bank Crypto Could Bring Economic Gains: Bank of Canada Paper

Central bank-issued cryptocurrency could bring economic welfare gains for Canada and the U.S., according to a researcher from Canada's central bank. 

Policy & regulation  ·  27 July 2018
News

Venezuela’s New National Currency Will Be Tied to the Petro, Says President

Venezuela is replacing its national currency, the bolivar, with a new one that will reportedly be tied to its controversial "petro" token.

Policy & regulation  ·  26 July 2018
Sanctions

Iran Plans National Cryptocurrency as New US Sanctions Loom

Iran may soon issue its own cryptocurrency in a move aimed to bypass economic sanctions enacted by U.S. President Donald Trump.

Policy & regulation  ·  26 July 2018
Bank of England

UK Central Bank Says New Payments System Will Be Blockchain Friendly

The Bank of England confirmed it is going to update its Real-Time Gross Settlement system to potentially interact with blockchain-based forms.

Policy & regulation  ·  24 July 2018
Cryptocurrency

G20 Eyes October Deadline for Crypto Anti-Money Laundering Standard

G20 member countries are looking at an October deadline for reviewing and implementing a global AML standard on cryptocurrency assets.

Policy & regulation  ·  23 July 2018
Cryptocurrency

Fed Chair: Cryptocurrencies Are ‘Great’ For Money Laundering

Federal Reserve Chairman Jerome Powell criticized cryptocurrencies during a hearing on Capitol Hill.

Policy & regulation  ·  18 July 2018
Regulation

CFTC Official to Congress: Don’t Be ‘Hasty’ With Crypto Rules

LabCFTC director Daniel Gorfine advocated for thoughtful regulation of the cryptocurrency space in Congressional testimony Wednesday.

Policy & regulation  ·  18 July 2018
Regulation

Muh Monopoly! How a Banker’s Talk Sparked All Kinds of Crypto Mockery

The head of the Bank of International Settlements briefly became the butt of crypto Twitter trolling last week after issuing new comments on the tech.

Policy & regulation  ·  14 July 2018
Cryptocurrency

Cryptocurrency Concept Is a ‘Fallacy,’ Says Finnish Central Bank Advisor

A paper published by the Bank of Finland explains why cryptocurrencies will never become a form of money.

Policy & regulation  ·  10 July 2018
Regulation

Another Ripple Lawsuit Claims XRP Is A Security

A third investor in three months is suing Ripple on grounds that the XRP cryptocurrency is a security issued by the firms. 

Policy & regulation  ·  5 July 2018
Europe

Romania Drafts Bill to Regulate Electronic Money

Romania has drafted an emergency ordinance to regulate cryptocurrency issuing.

Policy & regulation  ·  5 July 2018
Cryptocurrency

Court Says India’s Crypto Exchange Bank Account Ban Will Continue

India's central bank won a key victory in court this week.

Policy & regulation  ·  3 July 2018