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Central Banking
Fearing USD Decline, Ex-CFTC Heads Propose a Blockchain-Based Digital Dollar
Two former ranking members of the CFTC offered up a plan for a government-sanctioned, blockchain-based digital dollar.
Libra Is 'Catalytic Event' for Central Banks, Says Head of Sweden's Riksbank
Libra, says Stefan Ingves, is forcing central banks to re-consider their primary product: money.
Russian Central Bank Chief: 'No Obvious Need' for National Cryptocurrency
Russia's central bank sees no strong reason to launch a national cryptocurrency that would override the potential risks, according to its chief.
Swiss Central Bank to Explore Use of Digital Franc in Settling Trades
Switzerland’s central bank and the SIX stock exchange will study using a central bank digital currency to settle trades of tokenized assets.
Fed Official Says Digital Central Bank Currency Is 'Inevitable'
Philadelphia Federal Reserve bank president Patrick Harker said it is “inevitable” for the central banks to start issuing digital currency.
ING's Chief Economist Predicts Central Bank Digital Currencies in 2-3 Years
Dutch bank ING's chief economist has said Facebook's Libra is pressuring central banks to launch their own digital currencies, and soon.
'No Argument' for Replacing Dollar's Global Role With Crypto: Ex-Fed Official
The ex-official pushed back at a suggestion from the chief of the Bank of England that a Libra-like crypto should replace USD in global markets.
PBoC Denies Claims It Will Launch Digital Currency in November
China's central bank has played down reports that it will issue its digital yuan in November through major banks and companies.
New Head of China's Digital Currency Says It Beats Facebook Libra on Tech Features
The PBoC's new digital currency chief has said its upcoming digital yuan has features not offered by Facebook Libra.
A Crypto Fix for a Broken International Monetary System
Mark Carney's recent statements about a new digital global currency has opened the door to fresh ideas built on blockchain, Michael J Casey writes.
