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Christine Lagarde: ‘The European Central Bank Cannot Go Bankrupt or Run Out of Money’

24.11.2020
In remarks that highlight flaws of the fiat currency system, the European Central Bank (ECB) president, Christine Lagarde, says the institution cannot go bankrupt even if it incurs losses running into trillions. According to Lagarde, normal bankruptcy rules do not apply to the ECB primarily because...

BIS report suggests ‘embedded‘ monitoring tool for stablecoins

24.11.2020
After proposing automated ways to monitor global stablecoins like Libra, a new report from BIS argues that a better solution may ultimately be central bank digital currencies

Ripple seeks director to engage with central banks on digital currency

23.11.2020
Ripple is looking to define its strategy regarding central bank digital currencies

The US election seals China's victory in digital currency supremacy

21.11.2020
While there is an unclear future for digital currency development under Joe Biden’s presidency, China is leading the race

BoE policymaker says digital currencies could be part of ‘new monetary order’

19.11.2020
BoE policymaker Andy Haldane believes a widely-used digital currency could have a positive impact on financial stability

New Dutch Law: Clients Must Explain Why They Want To Buy Bitcoin

19.11.2020
Netherlands-based crypto exchanges are now required by law to get additional information from clients regarding their bitcoin addresses. As part of the new requirements, which went into effect on Nov. 17, clients must now furnish exchanges with reasons why they wish to buy bitcoin. They will also...

Japan's megabanks to lead experiment with digital yen

19.11.2020
Could a new, coordinated effort to digitalize the Japanese economy be strong enough to compete with residents' persistent use of cash?

Join BlockShow, part of the FinTech Festival backed by Monetary Authority of Singapore

19.11.2020
BlockShow 2020 at Singapore FinTech Festival to reflect on achievements of blockchain and how the mainstream finance industry is starting to accept blockchain and digital currency tech

Dutch Crypto Exchange Adds Extra Verification Measures Citing ‘Disproportionate’ Central Bank Requirements

18.11.2020
The exchange said it must now ask users for extra information such as the purpose of bitcoin purchases

Dutch Bitcoin firm reluctantly tightens rules at central bank's behest

18.11.2020
Unique in Europe, the Dutch central bank now requires Bitcoin exchanges to prove that their users actually control their withdrawal addresses

Former Bank of Japan exec says Japan will need years to issue digital yen

17.11.2020
A former Bank of Japan official is concerned about a digital yen triggering massive outflows from private bank deposits

Kyrgyzstan's central bank developing draft law for cryptocurrency industry

16.11.2020
Solid crypto regulations would be a long time coming for Kyrgyzstan

Central bank digital currencies are dead in the water

15.11.2020
CBDCs won’t fundamentally be changing anything — central banks still want to control your wealth and your money

Ukraine is prepared to lead Eastern Europe’s crypto space

15.11.2020
The Ukrainian government is making serious steps toward crypto to make the country a leader in Eastern Europe

Pakistan’s SEC Discusses Cryptocurrency Regulation, Central Bank Confirms No Crypto Ban

15.11.2020
The Securities and Exchange Commission of Pakistan has published a paper discussing cryptocurrency regulation in the country. Meanwhile, the central bank has reportedly confirmed that there is no cryptocurrency ban. Pakistan’s Crypto Regulation in the Works The Securities and Exchange...

Printing $1.7 Trillion for Climate Change: How Joe Biden’s Administration Aims to Push the ‘Green New Deal’

13.11.2020
In 2020, the U.S. Federal Reserve has injected an enormous amount of U.S. dollars to special interests in the banking sector in order to combat the economic effects stemming from the coronavirus outbreak. This week the central bank published its financial stability report and the Fed discussed...