Stablecoin Crisis Could Wreck Global Finance, Fed Warns in New Report

The Fed warned that a stablecoin crisis could wreak havoc on the global economy and outlined the steps issuers must take to protect the status quo. 

Burundi Central Bank Director: ‘Strong Measures’ Will Be Taken Against Crypto Traders

The Republic of Burundi banned all cryptocurrencies, stating the volatile, speculative and unregulated asset class presents too much risk for citizens.

Two Libertarians, Two Views on Bitcoin’s Ability to Disrupt Fiat Money

“Half of the audience here is like, ‘I hope you die in a fire.’”

Iran Could Ban Bitcoin for Payments, Central Bank Report Suggests

The Iranian central bank has drafted a new report outlining cryptocurrency regulations in the country.

Romania Drafts Bill to Regulate Electronic Money

Romania has drafted an emergency ordinance to regulate cryptocurrency issuing.

Pakistan Bars Banks from Crypto and ICO Trading

A long-running cryptocurrency exchange in Pakistan is closing its door following a new advisory from the country's central bank.

Swiss Central Banker: State-Backed Crypto Would Pose ‘Incalculable Risks’

Swiss National Bank Governing Board member Andrea Maechler sees value in blockchain, but argues central banks should stay out of consumer payments.

Central Bank Digital Currencies Could Fuel Bank Runs, BIS Says

A central bank-issued digital currency could fuel faster bank runs during periods of financial instability, the BIS said Monday.

Saudi Central Bank to Test Ripple Payments Tech

Ripple has struck a deal with Saudi Arabia's central bank on a pilot program that will see banks in the country trial the company's tech.