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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
Fed Research Considers Negative Interest Rates Effective Policy Tool
20.10.2019
A research paper published by the Federal Reserve Bank of San Francisco shows how negative interest rates could become an important policy tool for fighting future economic downturns. The paper examines the market response to the introduction of negative interest rates by five major central banks....
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
Libra Shows Central Banks’ Failure on Cross-Border Payments: Riksbank
17.10.2019
A senior economist at Sweden's Riksbank says central banks need to "keep up" with cryptocurrency advancements like Libra and XRP
Fed Governor Warns: Facebook’s Libra Users Lack Clear Rights
17.10.2019
The Fed’s Lael Brainard warns that Libra users’ rights with respect to the token’s underlying assets and the system overall remain unclear
Central Banks Realize They Can’t Ignore Crypto, Digital Fiats Any More
17.10.2019
Central banks and financial authorities in some of the world’s leading economies are increasingly turning their attention to cryptocurrencies and digital fiats.
Bloomberg reports that the American Federal Reserve is “dragging its feet” on digital fiat-related matters, with a “real-time” payment...
Fed Governor Brainard Identifies Libra Threat, Says Regulatory Hurdles Abound
17.10.2019
Federal Reserve governor Lael Brainard delivered a sharp critique of Libra, which would need to resolve many regulatory hurdles before going live
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
French Central Banker: The World Needs to Standardize Crypto Regulations
16.10.2019
A French central banker is calling for a global regulatory framework on crypto assets
Fearing USD Decline, Ex-CFTC Heads Propose a Blockchain-Based Digital Dollar
16.10.2019
Two former ranking members of the CFTC offered up a plan for a government-sanctioned, blockchain-based digital dollar
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 is ‘Catalytic Event’ for Central Banks, Says Head of Sweden’s Riksbank
15.10.2019
Libra, says Stefan Ingves, is forcing central banks to re-consider their primary product: money
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
IMF Has Another Trick Up Its Sleeve When Fiat Fails – Its Own Coin SDR
14.10.2019
Virtually everybody knows what a dollar is, but not as many know about the SDR. The International Monetary Fund’s (IMF) Special Drawing Rights is an international, monetary reserve system created specifically to address limitations of gold and standard fiat currencies such as the USD....
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:...