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Central Banking
Saudi, UAE Central Banks Team Up to Test Cryptocurrency
The central banks of the United Arab Emirates and Saudi Arabia are reportedly testing a new cryptocurrency for cross-border payments.

Closing China's Bitcoin Exchanges Was the Right Move, Says PBoC Official
The vice governor of the People's Bank of China has said that regulators took the right decision in banning ICOs and closing cryptocurrency exchanges.

The Ukrainian Central Bank Is Expanding Its Blockchain Team
Ukraine's central bank has expanded the group of people working to move the country's national currency to a blockchain.

Invest in Bitcoin 'At Your Own Risk,' Warns French Central Bank
The governor of the Bank of France has warned on the risks of investing in bitcoin, calling the cryptocurrency "speculative."

Fed Vice Chair: Cryptocurrencies Threaten Financial Stability
Decentralized currencies could have "spillover effects" on the wider financial system if they get too big, Fed supervision chief Randal Quarles said.

ECB's Yves Mersch: Banks Need Faster Payments to Counter Bitcoin
European Central Bank board member Yves Mersch has said banks need to launch instant payments systems to counter the rise of cryptocurrencies.

Russian Central Bank Issues New Warning Against Cryptocurrencies
Russia's central bank warned against investing in cryptocurrencies in its annual Financial Stability Report released Tuesday.

Ex-Moscow Exchange Exec Emerges as Blockchain Boss
A former executive of the National Depository of Ukraine left because of politics, but found "game-changing" opportunities in blockchain.

ECB Council Member: Central Banks Considering Crypto Regulation
The European Central Bank's Ewald Nowotny has said that China's recent crackdown has brought new focus on cryptocurrency regulations.

Ubin Part 2: Singapore Central Bank Publishes Blockchain Project Details
A new report from the Monetary Authority of Singapore details the second phase of its "Project Ubin" blockchain project.
