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2019/11/20 21:16

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

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.

2019/11/16 06:00

Stablecoin Crisis Could Wreck Global Finance, Fed Warns in New Report

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. 

2019/11/13 02:15

China Central Bank Official: Digital Yuan Should Have ‘Controllable Anonymity’

China's proposed digital yuan should strike a balance between protecting privacy and regulatory enforcement, a central bank official said.

2019/11/11 22:30

ECB’s Benoit Coeure to Lead Central Banking Digital Currency Initiative

Coeure is to lead the new BIS Innovation Hub in researching and perhaps developing fintech with benefits, such as digital currencies.

2019/11/11 18:40

MAS, JPMorgan Build Payments System With Inter-Blockchain Connectivity

Working with JPMorgan and Temasek, Singapore's central bank has developed a prototype blockchain-based cross border payments system.

2019/10/30 04:00

China Announces New Regulatory Authority to Certify Digital Payments, Blockchain Products

China’s central bank will certify a list of fintech products that are widely used for digital payment and blockchain services with its verification system.

2019/10/29 05:30

How Lebanon’s Economic Crisis Highlights Bitcoin’s Limitations

Bitcoin users in Lebanon have numerous hurdles to overcome to develop a local market during the nation's economic crisis.

2019/10/29 04:40

Chinese Official Warns Libra Could Abet Illegal Cross-Border Transfers

Libra must abide by international foreign exchange regulations to not enable illegal transfers or “it should be banned,” a senior Chinese regulator said Monday.

2019/10/04 05:00

Fed Official Says Digital Central Bank Currency Is ‘Inevitable’

Philadelphia Federal Reserve bank president Patrick Harker said it is “inevitable” for the central banks to start issuing digital currency.

2019/09/26 23:35

‘No Argument’ for Replacing Dollar’s Global Role With Crypto: Ex-Fed Official

The ex-official pushed back at a suggestion from the chief of the Bank of England that a Libra-like crypto should replace USD in global markets.

2019/09/06 18:30

New Head of China’s Digital Currency Says It Beats Facebook Libra on Tech Features

The PBoC's new digital currency chief has said its upcoming digital yuan has features not offered by Facebook Libra.

2019/09/02 17:00

A Crypto Fix for a Broken International Monetary System

Mark Carney's recent statements about a new digital global currency has opened the door to fresh ideas built on blockchain, Michael J Casey writes.

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