Central Banking

The Era of Central Bank Digital Currencies Is Within Reach

| Kevin Rutter

A phased roll-out of a central bank digital currency is not only possible, but may be what certain regions need, says R3's research lead.

ECB Official Calls Bitcoin ‘Evil Spawn of the Financial Crisis’

| Nikhilesh De

ECB executive board member Benoît Cœuré has discussed potential uses for blockchain at central banks, but he's really not keen on bitcoin.

IMF Chief Calls for Exploration of Digital Currencies

| Yogita Khatri

Christine Lagarde, head of the IMF, encouraged the exploration of central bank digital currencies in a speech on Wednesday.

Most Central Banks Back Digital Currency If DLT Improved: IBM Survey

| Wolfie Zhao

A new IBM survey finds most central banks polled back issuing a wholesale digital currency, but are still uncertain about blockchain's efficiency.

India Supreme Court Seeks Government Opinion on Crypto Within 2 Weeks

| Yogita Khatri

The Supreme Court of India has asked the government to give its view on cryptocurrencies, amid fallout from a ruling by the central bank in April.

Startup Bringing Blockchain Privacy to Central Banks Wins $15 Million Funding

| Ian Allison

Blockchain startup Adhara, which aims to bring zero knowledge proofs to central bank systems, has secured $15 million in new funding from Consensys.

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

| Wolfie Zhao

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

Tehran, Iran

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

| Wolfie Zhao

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

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

| Wolfie Zhao

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

Blockchain Finance Startup Clearmatics Raises $12 Million in New Funding

| Ian Allison

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