Central Banking


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UK Central Bank Chief Sees Digital Currency Displacing US Dollar as Global Reserve

BOE governor Mark Carney called on Friday for the creation of a wholly digital alternative to the U.S. dollar.

Photo of Mark Carney

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China's Central Bank 'Close' to Launching Official Digital Currency

An official at China's central bank has said the institution is nearing the launch of its national digital currency.

Credit: Shutterstock

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ECB Says It Plans to Use More On-Chain Data to Monitor Crypto Assets

The European Central Bank has issued a new report revealing plans to use more granular blockchain data to better monitor the crypto markets.

ecb, sign

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Ex-Trump Advisor Steve Bannon: 'Global Populist Revolt' Helps Crypto

Donald Trump's former chief strategist is bullish on crypto amidst attacks on the dollar

Steve Bannon

Politiche

Crypto Exchange Rain Raises from BitMEX, Opens Trading In Middle East

BitMEX Ventures-backed crypto exchange Rain opens for business following a two-year sandbox program under Bahraini central bank

bahrain, money

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Traditional Money Could Be 'Surpassed' By E-Money, Stablecoins: IMF Paper

A new IMF paper suggests that cash and bank deposits could be left behind as digital money and fiat-pegged cryptos see greater adoption.

IMF

Politiche

What Trump's Bitcoin Tweet Changes

Donald Trump took aim at bitcoin last week. He also kicked off a whole new phase in bitcoin's mainstream moment.

(Evan El-Amin/Shutterstock)

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Facebook Libra Threat Could Spur Work on China's National Digital Currency: PBoC Official

China's central bank could hasten development of its digital yuan to counter the threat posed by Facebook's Libra cryptocurrency, an official says.

Credit: Shutterstock

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Bank of Japan: Adopting Central Bank Crypto Would Mean Dropping Cash

A Bank of Japan official has ruled out the launch of a central bank digital currency because to do so may require the country to abandon cash.

japan, currency

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BIS Chief: Central Banks May Issue Digital Currencies 'Sooner Than We Think'

The chief of the Bank for International Settlements has acknowledged that central banks will likely soon need to issue their own digital currencies.

carsten