Central Banking

yuan, china

New Head of China’s Digital Currency Says It Beats Facebook Libra on Tech Features

| Daniel Palmer

The PBoC's new digital currency chief has said its upcoming digital yuan has features not offered by Facebook Libra.

lock, broken

A Crypto Fix for a Broken International Monetary System

| Michael J Casey

Mark Carney's recent statements about a new digital global currency has opened the door to fresh ideas built on blockchain, Michael J Casey writes.

UK Central Bank Chief Sees Digital Currency Displacing US Dollar as Global Reserve

| Nikhilesh De

BOE governor Mark Carney called on Friday for the creation of a wholly digital alternative to the U.S. dollar.

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.