Central Banking

Fed Governor Brainard Identifies Libra Threat, Says Regulatory Hurdles Abound

| Danny Nelson

Federal Reserve governor Lael Brainard delivered a sharp critique of Libra, which would need to resolve many regulatory hurdles before going live.

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

| Brad Keoun

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

French Central Banker: The World Needs to Standardize Crypto Regulations

| Danny Nelson

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

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

| Daniel Kuhn

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

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

| William Foxley

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

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

| Daniel Palmer

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

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

| William Foxley

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

Fed Official Says Digital Central Bank Currency Is ‘Inevitable’

| David Pan

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

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

| Daniel Palmer

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

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

| Daniel Palmer

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.