Central Banking


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Russian Central Bank Strikes Restrictive Tone on Cryptocurrency

Russia's central bank doesn't want to see cryptocurrencies classified as a form of foreign currency, according to statements from its governor.

Elvira

Финансы

BoE Official: Central Bank Digital Currency Would Need 'Extraordinary' Resilience

A Bank of England researcher wrote earlier this week that a central bank digital currency would need "extraordinary" levels of resilience to work.

BoE, UK

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Namibian Central Bank: Bitcoin Purchases Illegal Under Law

A paper from the Bank of Namibia makes familiar points about the risks of money laundering and the perils of a stateless currency.

Namibia currency note

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Philly Fed Event to Explore Blockchain's Impact on Financial Stability

The Federal Reserve Bank of Philadelphia is set to discuss blockchain and cryptocurrencies at an event this month.

Fed

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Indian Central Bank Studies 'Fiat Cryptocurrency' for Digital Rupee

The executive director of the Reserve Bank of India has confirmed that research into a "digital rupee" is still ongoing.  

Reserve Bank of India (Shutterstock)

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US Federal Reserve Hints at DLT Integration in New Report

The US Federal Reserve hinted in a report this week that it might look to integrate distributed ledger tech in the future.

Fed

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DLT Not Ready to Replace Settlement Systems, ECB and BoJ Say

The Bank of Japan and the ECB have said that blockchain technology is too "immature" to replace their real-time settlement systems.

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Is Blockchain Ready for Fiat? Why Banks See Big Promise in Crypto Cash

Both new and founding members of the Utility Settlement Coin project think its work could lead central banks to adopt blockchain-based fiat currency.

Screen Shot 2017-09-01 at 3.51.15 PM

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Russia's Central Bank Issues Warning on Cryptocurrencies and ICOs

The Bank of Russia, the country's central bank, has issued a new statement on the risks of cryptocurrencies and initial coin offerings.

Moscow, Russia

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Brazil's Central Bank Considers Blockchain Settlement Prototype

Brazil's central bank is seeking to investigate possible use cases for blockchain tech and is now moving toward prototyping.

brazil, real