Central Banking

Nothing is more centralizing than a state’s control over decentralized technologies like blockchain and cryptocurrency, says law professor and blockchain adviser James Cooper.

By James Cooper

Mar 3, 2020 at 10:00 a.m. UTC

Mar 3, 2020

Central BankingOpinionCBDCs

Central Bank of Brazil. Credit: Shutterstock/Alf Ribeiro

Policy

Payments

Brazil's Central Bank to Launch Near-Instant Payments as a Response to Cryptocurrencies

The PIX payments system is coming to Brazil later this year, promising almost instant transfers for individuals and businesses.

By Daniel Palmer

Feb 20, 2020 at 8:30 a.m. UTC

Feb 20, 2020

paymentsBrazilCentral Banking

Policy

Research

10% of Central Banks Surveyed Close to Issuing Digital Currencies: BIS

A fifth of the world's population may well have access to a central bank digital currency in as little as three years, according to a BIS survey.

By Paddy Baker

Jan 24, 2020 at 1:02 p.m. UTC

Jan 24, 2020

ResearchCentral BankingBISCBDCs

Policy

Australia

Australians Won't Use Libra, Believes Central Bank

Reserve Bank of Australia officials are not yet convinced cryptocurrencies offer benefits over and above traditional means of payment.

By Paddy Baker

Jan 9, 2020 at 1:00 p.m. UTC

Jan 9, 2020

AustraliaLibraCentral BankingStablecoins

Policy

France

French Central Banker Advocates for Blockchain-Based Settlements in Europe

The central bank of France wants the eurozone to build a DLT-based settlement system that moves euros faster and more cheaply than existing tech.

By Danny Nelson

Nov 25, 2019 at 12:00 p.m. UTC

Nov 25, 2019

FranceEUCentral BankingdltCBDCs

Federal reserve

Fed Reserve Evaluating Digital Dollar But Benefits Still Unclear, Says Chairman

Jerome Powell has said his institution is looking into the possibility of developing a digital currency, but the option throws up many policy questions and unclear benefits.

By Daniel Palmer

Nov 20, 2019 at 12:16 p.m. UTC

Nov 20, 2019

Federal ReserveCentral BankingJerome PowellCBDCs