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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....
Iran Central Bank Branch Set on Fire, Crypto Community Follows Events
17.11.2019
The crypto community closely follows the developments as Iran’s central bank branch was set on fire by protesters
‘Plan A Has Failed’ — Global Debt to Hit $255T or $12.1M per Bitcoin
17.11.2019
Bitcoin plan B in action as global debt soars to $255 trillion
Bitcoin Revolution Meets Protestant Reformation, Crypto Drives Change?
17.11.2019
Both times involved a new economic class with something to fight for. From a merchant class trying to break the economic stranglehold of feudal landlords and the church to the millennials
Cryptocurrency Regulation: An Indian Perspective
16.11.2019
Can we find a safe playground for cryptocurrency innovation amidst regulation? A view of cryptocurrency regulation from an Indian perspective
Stablecoin Crisis Could Wreck Global Finance, Fed Warns in New Report
15.11.2019
The Fed warned that a stablecoin crisis could wreak havoc on the global economy and outlined the steps issuers must take to protect the status quo.
Central Bank of China Starts Trials to Restrict Large Cash Transactions
15.11.2019
The central bank of China will pilot a restriction on large-scale cash transactions, possibly paving the way for its upcoming digital Renminbi
Fake Website Prompts China’s Central Bank to Deny Digital Yuan Launch
14.11.2019
Despite online impostors claiming otherwise, the People’s Bank of China said the country’s stablecoin project is still in the testing stage with no date set for launch