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PBoC Denies Claims It Will Launch Digital Currency in November
23.9.2019
China's central bank has played down reports that it will issue its digital yuan in November through major banks and companies
Iran Is Being Targeted for Economic Independence, Not Terrorism
22.9.2019
New, unprecedented economic sanctions have been imposed on Iran’s central bank after blame for a September 14 oil field attack was pinned on the nation by U.S. leaders. The sanctions blacklist the Iranian central bank and sovereign wealth fund, further severing the country’s already...
Argentina’s Central Bank to Increase Peso Supply by 5% in 2 Months
19.9.2019
The Argentine peso monetary base will be increased by 2.5% per month in the next two months, the central bank announced
Changes Afoot for Philippine Crypto-Friendly Economic Zone
19.9.2019
The special economic zone in the Philippines known for its crypto friendliness is undergoing some changes. Government-owned Cagayan Economic Zone Authority (Ceza) is investigating a case involving one of its licensed crypto exchanges after a tip from the Chinese government. The authority has also...
Libra Seen as Threat to National Currency Sovereignty, Pleads With G-7
19.9.2019
Libra meets with G-7 regulators amid regulatory hurdles surrounding its launch. Can the Facebook-backed token finally turn the tide in its favor?
Taxation Isn’t Just Theft – It’s Bad for Crypto Adoption
18.9.2019
Crypto awareness is reaching levels almost unimaginable just years ago, with telecommunications giants, big banks, mainstream media, and even professional sports teams now discussing and flouting digital assets. AT&T now allows customers to pay their phone bills in bitcoin, Japanese SMS giant...
Here’s How Europeans Can Deal With Negative Interest Rates
17.9.2019
Low and negative interest rates have been a burden for account holders across Europe for some time. And it’s only getting worse, as the European Central Bank just announced a new rate cut to a record low of -0.5%. Private and corporate customers in many countries on the continent don’t...
ECB Official: Stablecoins Pose Risks to Public Policy Priorities
16.9.2019
Benoit Coeure of the European Central Bank says that stablecoins like Libra pose serious risks to public policy priorities
Libra Does Not Threaten Sovereignty of Nations, Says Calibra CEO
16.9.2019
Calibra CEO dispels notion that Libra is a threat to the global financial system
European Countries Step Up Response to Facebook’s Libra
16.9.2019
The European Central Bank (ECB) and a number of countries in the region have stepped up their efforts in response to Facebook’s Libra, which has revived a competing ECB project for instant payments. As Facebook engages Switzerland’s financial regulator, the ECB clarifies how Libra...
Bitcoin Is a Hedge Against Gov’t ‘Fiscal Irresponsibility’ — Analyst
16.9.2019
“Crypto has been created for such a time as this,” says Point72 veteran Travis Kling
Circle CEO: No One in the World Is Any Closer to CBDCs than China
11.9.2019
No country in the world is closer to central bank digital currencies than China, Circle CEO Jeremy Allaire says
Has the Uruguayan Central Bank Taken a Crypto U-turn?
10.9.2019
Alberto Graña, governor of the Banco Central del Uruguay. Source: a video screenshot, Youtube, Felipe Buitrago
Uruguay’s financial chiefs appear to have made a volte-face on cryptocurrency and blockchain policy – and may look to embrace crypto- and blockchain-powered finance instead of pushing...
The Fed Chair Jerome Powell Commented That the Consumers Are Not ‘Clamoring For Central Bank Backed Cryptocurrencies’
8.9.2019
Addressing a forum sponsored by the Swiss Institute of International Studies, in Zurich, Switzerland, on Sept. 6, the Federal Reserve Chair Jerome Powell answered questions about the issue of cryptocurrencies. He stated that the central bank is not “actively considering” minting...
New Head of China’s Digital Currency Says It Beats Facebook Libra on Tech Features
6.9.2019
The PBoC's new digital currency chief has said its upcoming digital yuan has features not offered by Facebook Libra
China’s National Crypto Similar to Libra, Central Bank Official Says
6.9.2019
The central bank believes the digital currency will help protect China’s foreign exchange sovereignty
Burundi Central Bank Director: ‘Strong Measures’ Will Be Taken Against Crypto Traders
4.9.2019
The Republic of Burundi banned all cryptocurrencies, stating the volatile, speculative and unregulated asset class presents too much risk for citizens
IMF Chief Christine Lagarde Encourages Open Cryptocurrency Regulation
4.9.2019
Central banks and regulators should protect consumers while being open to innovation like crypto, says outgoing IMF chief Christine Lagarde
Dutch Central Bank Prepares to Start Regulating Crypto Sector
4.9.2019
The central bank of the Netherlands is preparing to supervise the country’s crypto sector. The bank has requested crypto exchanges and wallet providers to come forward and submit some information. Once the law takes effect, these operators will be required to register with the central bank...
Crypto Firms Serving Netherlands Must Register With Dutch Central Bank
4.9.2019
The Dutch Central Bank is taking a tougher stance on the cryptocurrency industry, citing new European Union anti-money laundering laws