Browsing the "Central Banking" Tag

‘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.

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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.

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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.

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.

Swiss Central Banker ‘Relaxed’ About Facebook’s Libra Crypto

| Daniel Palmer

A Swiss central banker has suggested that Facebook's cryptocurrency project, Libra, is not ruffling any feathers with the regulator, Reuters…

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.

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.