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Central Banking
With Central Bank Digital Currencies, States Are Reasserting Power Over Money
Nothing is more centralizing than a state’s control over decentralized technologies like blockchain and cryptocurrency, says law professor and blockchain adviser James Cooper.
Brazil's Central Bank to Launch Near-Instant Payments as a Response to Cryptocurrencies
The PIX payments system is coming to Brazil later this year, promising almost instant transfers for individuals and businesses.
10% of Central Banks Surveyed Close to Issuing Digital Currencies: BIS
A fifth of the world's population may well have access to a central bank digital currency in as little as three years, according to a BIS survey.
Australians Won't Use Libra, Believes Central Bank
Reserve Bank of Australia officials are not yet convinced cryptocurrencies offer benefits over and above traditional means of payment.
French Central Banker Advocates for Blockchain-Based Settlements in Europe
The central bank of France wants the eurozone to build a DLT-based settlement system that moves euros faster and more cheaply than existing tech.
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.
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.
Tunisia's Central Bank Denies Reports Claiming It Issued an E-Dinar
In a sweeping rejection, the central bank quashed "unfounded" rumors that it had become the first monetary authority to issue a CBDC.
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.
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.
