Central Banking
As Central Banks Go Digital, Crypto Competition Looms
The race is on to build the best "stablecoin" – a cryptocurrency with mechanisms aimed to reduce price volatility built in.
Thailand's Central Bank Is Developing a Digital Currency Based on R3 Tech
The Bank of Thailand is developing its own digital currency, aiming to complete a first proof-of-concept by March 2019.
Bitt Inks Blockchain Deal With Another Caribbean Central Bank
Bitt is partnering with the Centrale Bank van Curaçao en Sint Maarten to look into issuing a central bank-backed digital currency for the two nations.
Central Bank Crypto Could Bring Economic Gains: Bank of Canada Paper
Central bank-issued cryptocurrency could bring economic welfare gains for Canada and the U.S., according to a researcher from Canada's central bank.
Venezuela's New National Currency Will Be Tied to the Petro, Says President
Venezuela is replacing its national currency, the bolivar, with a new one that will reportedly be tied to its controversial "petro" token.
Iran Plans National Cryptocurrency as New US Sanctions Loom
Iran may soon issue its own cryptocurrency in a move aimed to bypass economic sanctions enacted by U.S. President Donald Trump.
UK Central Bank Says New Payments System Will Be Blockchain Friendly
The Bank of England confirmed it is going to update its Real-Time Gross Settlement system to potentially interact with blockchain-based forms.
G20 Eyes October Deadline for Crypto Anti-Money Laundering Standard
G20 member countries are looking at an October deadline for reviewing and implementing a global AML standard on cryptocurrency assets.
Fed Chair: Cryptocurrencies Are 'Great' For Money Laundering
Federal Reserve Chairman Jerome Powell criticized cryptocurrencies during a hearing on Capitol Hill.
CFTC Official to Congress: Don't Be 'Hasty' With Crypto Rules
LabCFTC director Daniel Gorfine advocated for thoughtful regulation of the cryptocurrency space in Congressional testimony Wednesday.
