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G20 Starts Crypto Discussions – A Look at Global Standards
9.6.2019
Finance ministers and central bank governors from the G20 countries have gathered this weekend for a two-day meeting ahead of the G20 summit, and cryptocurrency is among the topics of discussion. Global standard-setting bodies have submitted their policies and provided tools to help the member...
Bundesbank Chief Warns on Risks of Central Bank Digital Currencies
3.6.2019
The head of Germany's central bank has said central bank digital currencies could destabilize financial systems and worsen bank runs
Russia’s Largest Bank Halts Crypto Plans Due to Central Bank’s Negative Stance
30.5.2019
Russia's largest bank, Sberbank, has suspended its crypto-related plans due to the central bank’s negative stance on crypto
Egypt: Central Bank’s Draft Law Requires Licenses for Crypto-Related Activities
28.5.2019
A new banking law drafted for Egypt’s central bank will make it mandatory to obtain licenses in advance of creating, advertising or operating platforms for issuing or trading crypto
ECB Official Says Wholesale Central Bank Digital Currency a ‘Viable Option’
28.5.2019
A European Central Bank council member has come out generally in favor of wholesale central bank digital currencies
Russian Central Bank to Consider Gold-Backed Cryptocurrency
23.5.2019
The Bank of Russia will consider the use of a gold-backed cryptocurrency to facilitate international settlements, according to its governor
After Trillions Printed Under QE, Politicians Now Say Deficits Don’t Matter
19.5.2019
When quantitative easing (QE) was introduced, it was likened to a drug, with central banks making an emergency injection of money to resuscitate the global economy. Now it seems that some politicians have gotten addicted to this drug, going as far as to claim that government deficits don’t...
Reserve CEO Predicts Central Banks Will Tokenize, Still Room for Stablecoins
15.5.2019
The CEO of Reserve thinks central banks will tokenize, but lack of privacy in spending will draw businesses and wealthy persons to alternative stablecoin services
Decentralizing Central Banks: How R3 Envisions the Future of Fiat
5.4.2017
In a new report, bank consortium R3 compares two competing concepts for moving fiat currency to a blockchain or distributed ledger