Central Banking

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

| Daniel Palmer

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

ecb, sign

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

| Daniel Palmer

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

Ex-Trump Advisor Steve Bannon: ‘Global Populist Revolt’ Helps Crypto

| William Foxley

Donald Trump's former chief strategist is bullish on crypto amidst attacks on the dollar

bahrain, money

Crypto Exchange Rain Raises from BitMEX, Opens Trading In Middle East

| William Foxley

BitMEX Ventures-backed crypto exchange Rain opens for business following a two-year sandbox program under Bahraini central bank

Traditional Money Could Be ‘Surpassed’ By E-Money, Stablecoins: IMF Paper

| Daniel Palmer

A new IMF paper suggests that cash and bank deposits could be left behind as digital money and fiat-pegged cryptos see greater adoption.

What Trump’s Bitcoin Tweet Changes

| Michael J Casey

Donald Trump took aim at bitcoin last week. He also kicked off a whole new phase in bitcoin's mainstream moment.

Facebook Libra Threat Could Spur Work on China’s National Digital Currency: PBoC Official

| Daniel Palmer

China's central bank could hasten development of its digital yuan to counter the threat posed by Facebook's Libra cryptocurrency, an official says.

japan, currency

Bank of Japan: Adopting Central Bank Crypto Would Mean Dropping Cash

| Daniel Palmer

A Bank of Japan official has ruled out the launch of a central bank digital currency because to do so may require the country to abandon cash.

BIS Chief: Central Banks May Issue Digital Currencies ‘Sooner Than We Think’

| Daniel Palmer

The chief of the Bank for International Settlements has acknowledged that central banks will likely soon need to issue their own digital currencies.

BIS Wants ‘Level Playing Field’ for Banks Amid Threat from Facebook

| Daniel Palmer

The Bank for International Settlements has expressed concerns over the expected disruption as big tech firms like Facebook enter the financial space.