central banks


Policy

Russian Central Bank Says It Would Support Crypto Ban

The Bank of Russia has backed a potential ban on cryptocurrency payments, according to a state news agency.

Bank of Russia

Markets

Chinese Central Bank Plans to Nip Young Crypto Businesses 'In the Bud'

China's central bank has formally issued a new plan to crack down on crypto businesses.

Shutterstock

Markets

Chinese Central Bank Official Calls for Commercial Bank Blockchain Adoption

A Chinese central bank official has called on commercial banks to adopt blockchain technology in digital finance.

china, yuan

Finance

Libra Shows Central Banks' Failure on Cross-Border Payments: Riksbank

A senior economist at Sweden's Riksbank says central banks need to "keep up" with cryptocurrency advancements like Libra and XRP.

krona-sverige

Markets

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.

Stefan Ingves Swedish CB

Markets

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.

Elvira Nabiullina, Russia central bank chief. (Anton Veselov/Shutterstock)

Markets

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.

canadastock/Shutterstock

Markets

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.

Credit: Shutterstock

Markets

Japan's Central Bank Chief Calls for International Effort on Libra Regulation

The governor of the Bank of Japan has called for global cooperation in regulating stablecoins like the Facebook-led Libra.

Facebook Libra

Markets

Central Banks to Question Facebook-Led Libra Over Financial Risks

The Libra Association is to be grilled by 26 central banks over the perceived risks to financial stability posed by the crypto project.

Benoit Coeure ECB