Bank of England Releases Discussion Paper on Stablecoins, CBDC

The paper focuses on the effects of private stablecoins on the cost and availability of lending and the challenges for monetary policy.

Irish Central Bank Official Says Crypto’s Popularity Is ‘Great Concern’

Derville Rowland, director general of financial conduct at the regulator, warned that investors could lose all their money.

Iran’s Central Bank Reportedly Bans Trading of Crypto Mined Abroad

The move is said to be an attempt to stop capital flight from Iran.

Iran Central Bank to Allow Money Changers, Banks to Pay for Imports Using Mined Crypto

The bank had previously stipulated only digital assets for import funding could be used by itself and no one else.

Crypto Won’t Be Money Until IRS Accepts It for Taxes, Top Forex Strategist Says

The greenback has something else going for it cryptocurrencies don't: the bond market, notes Marc Chandler.

Central Bank ‘Money Drops’ With Digital Currencies Could Fuel Inflation: Bank of America

CBDCs could facilitate central bank stimulus in the form of money drops, and lead to higher inflation, says BofA.

BIS Researchers Grapple With Implications of Interoperable CBDCs

Central bank digital currencies would largely benefit countries if they work together to eliminate traditional banking frictions, a research note said.