Bundesbank Chief Warns on Risks of Central Bank Digital Currencies
The head of Germany's central bank has said central bank digital currencies could destabilize financial systems and worsen bank runs.
Japan's central bank has joined the regulators worldwide expressing concerns over the potential risks posed by Facebook's Libra cryptocurrency.
The head of Russia's central bank has said the institution is investigating the possible future launch of a digital currency.
The Libra Association is to be grilled by 26 central banks over the perceived risks to financial stability posed by the crypto project.
Fresh off a $63 million fundraise, execs at bank blockchain consortium Fnality shed some light on the often-secretive project's plan to tokenize fiat currency.
The Bangko Sentral ng Pilipinas will continue to regulate cryptocurrency use in the country, senior officials have said.