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Ghana May Issue Digital Currency in ‘Near Future,’ Says Central Bank Chief

27.11.2019
Ghana is joining the ranks of nations eyeing the launch of a central bank digital currency, and is already in talks over a pilot project

Former PBoC Head: China’s Digital Yuan Will Favor Payments and Retail

26.11.2019
Longest-serving PBoC governor says China will continue to focus on its digital yuan as a mechanism for domestic retail systems and payment

China’s Digital Yuan Will Target Retail Payments First, Ex-Central Banker Says

26.11.2019
Former PBoC head Xiaochuan Zhou says the digital yuan will enable retail payments first, but might need a different technical design for cross-border payments

ECB Board Member: Global Stablecoins Pose Risks to a ‘Fragmented’ Europe

26.11.2019
Global stablecoins could exacerbate existing risks to the “autonomy and resilience of European payments systems,” says the ECB’s Benoit Coeure

French Central Bank Official Wants to Improve Financial System With Blockchain

25.11.2019
The first deputy governor of Banque de France, Denis Beau, has urged the finance industry to experiment with blockchain

French Central Banker Advocates For Blockchain-Based Settlements in Europe

25.11.2019
The central bank of France wants the eurozone to build a DLT-based settlement system that moves euros faster and more cheaply than existing tech

Survey: 58% of German Banks Charge Negative Interest Rates

24.11.2019
Germany’s central bank, the Deutsche Bundesbank, has conducted a survey of banks charging negative interest rates on customer deposits. Some are charging retail customers as well as corporate clients. An independent price comparison portal shows which banks are currently charging for deposits...

Chinese Central Bank Plans to Nip Young Crypto Businesses ‘In the Bud’

22.11.2019
China's central bank has formally issued a new plan to crack down on crypto businesses

Morocco Plans to Expand Access to Financial Services With Fintech

22.11.2019
Morocco aims to expand access to financial services through the integration of blockchain in the country’s finance sector

Bitcoin Drops to $7,000 as China Vows to ‘Dispose of’ Exchanges

22.11.2019
China seeks to reinforce the crypto trading ban

China Central Bank to Set Standards for 17 Fintech Categories, Including Blockchain

21.11.2019
The People’s Bank of China (PBoC) has an agenda to set industry standards across the financial sector, including blockchain, a senior official from the bank said on Wednesday. Speaking at a meeting of the National Technical Committee, PBoC vice president Yifei Fan said the bank aims to better...

In Wargaming Exercise, a Digital Yuan Neuters US Sanctions and North Korea Buys Nukes

20.11.2019
What if China’s digital currency undermined U.S. dominance of global finance? Former top Washington officials gamed out the scenarios Tuesday night

US Federal Reserve Exploring Digital Dollar and Its Effect on Monetary System

20.11.2019
The U.S. Federal Reserve System is evaluating the development of a digital dollar and what issues and risks it could potentially pose

Fed Reserve Evaluating Digital Dollar But Benefits Still Unclear, Says Chairman

20.11.2019
Jerome Powell has said his institution is looking into the possibility of developing a digital currency, but the option throws up many policy questions and unclear benefits

Deutsche Boerse, Swisscom Settle Securities with Corda and Hyperledger

19.11.2019
Deutsche Boerse and Swisscom successfully exchange securities tokens against cash tokens using Corda and Hyperledger

Crisis Fears Rise as Global Debt Hits a Record $250 Trillion

18.11.2019
The world’s total liabilities continue to grow rapidly as a new report reveals global debt is now over a record $250 trillion. For many investors and market watchers this raises the specter of another potential major economic crisis triggered by a collapse of the global financial system....