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3 Major Signs That Precede the Fall of World Reserve Currencies

24.10.2019
The story of reserve currencies is long and stretches far back into ancient times. As modern history shows, however, the average lifespan of fiat reserve assets is just around 100 years. This means that even the U.S. dollar’s period of dominance is probably nearing its end very soon...

Germany’s Financial Crisis Invokes 5-Year Rent Freeze

24.10.2019
All eyes are on the German economy which was once perceived as stable and strong. However, the financial state of affairs has been tumultuous and Berlin’s state cabinet recently agreed to a five-year rent freeze to help curb the rising housing costs in the country. Moreover, Bundesbank just...

Lithuania’s Central Bank Considering IBM for Its LBChain DLT Platform

23.10.2019
IBM and Tieto are fighting for the right to develop a financial services blockchain platform for Lithuania’s central bank

Cashaa Launches Banking Solution for Indian Crypto Owners

22.10.2019
Banking services platform Cashaa is offering a solution for Indian crypto owners facing banking restrictions imposed by the country’s central bank, the Reserve Bank of India (RBI). The service allows users to deposit up to 1 crore rupees (~$141,012) per month to purchase cryptocurrencies....

Remittances Partnership to Use Cambodia Central Bank’s Blockchain System

21.10.2019
The National Bank of Cambodia, the country’s central bank, signed an MoU on cross-border payments and remittances with Malaysia’s largest bank

Cambodia’s Central Bank Testing Digital Wallet to Ease Cross Border Payments

18.10.2019
Cambodia’s Central Bank wants to slash the cost of cross-border payments and is studying how its Bakong digital wallet might help

Top Fed Official Says US Central Bank ‘Actively’ Debating Digital Dollar

16.10.2019
Federal Reserve Bank of Dallas President Rob Kaplan says the U.S. dollar faces increasing threats to its status as the global reserve currency

Central Banks Have Three Options for Crypto Regulations, Says Official

16.10.2019
French central banker Denis Beau discussed the options available to central banks vis-a-vis cryptocurrency regulations

G20 Informed Stablecoins Could Pose Financial Stability Risk

16.10.2019
The Financial Stability Board has informed the G20 finance ministers and central bank chiefs of the risks stablecoins could pose to financial stability. Unlike crypto assets which do not pose financial stability risk at this time, stablecoins could pose a host of challenges. Also read: Unicef...

Ex-CFTC Chairman: US Must Create an Independent Blockchain Dollar

16.10.2019
Digitize the dollar to keep reserve currency status, says Giancarlo

Libra an ‘Important Catalytic Event,’ Says Swedish Central Bank Chief

15.10.2019
The head of Sweden’s Riksbank says Facebook’s Libra is shaking central banks globally into action

Indian Supreme Court Postpones Crypto Case to November

15.10.2019
The Supreme Court of India on Tuesday once again postponed hearing the case against the crypto banking restrictions by the Reserve Bank of India (RBI). The central bank has replied to crypto exchanges’ representation as directed by the court, which was supposed to resume hearing the case...

The Fed Plans to Inject $60 Billion per Month Into the Economy

15.10.2019
On October 11, the U.S. Federal Reserve explained that it would inject more easing into the economy by purchasing Treasury bills at an initial $60 billion per month for the next two months. The purchasing rate could decrease or increase, but the central bank expects the easing plan to last until...

Dutch Central Bank: World Will Need Gold if Entire System Collapses

14.10.2019
Crypto-skeptic Dutch central bank admits gold superiority to fiat money

Coinbase Receives E-Money License From the Central Bank of Ireland

13.10.2019
Coinbase has secured a new legal foothold in Europe. The San Francisco-based cryptocurrency exchange has received an e-money license from the Bank of Ireland, which it can potentially use to continuing serving its customers across the continent, in case Brexit causes any disruptions. Also Read:...

Coinbase Acquires E-money License from the Central Bank of Ireland

12.10.2019
The leading cryptocurrency exchange, Coinbase, which is being backed by the Spanish bank BBVA and the New York Stock Exchange, is all set to proliferate its business operations in the European market space after securing an e-money license from the Central Bank of Ireland. On October 11, 2019,...

No Obvious Requirement for National Crypto: Head of Central Bank of Russia

12.10.2019
The Head of Central Bank of Russia, Elvira Nabiullina, doesn’t think the country requires a national digital currency of its own, as per the reports of Russia’s news outlet Tass. Nabiullina also disclosed that the Bank of Russia had been studying the matter, and the requirement of issuing...