Central Bank

Bank of English Governor on Libra as a Solution to Financial Problems

Bank of England governor Mark Carney said that people need to acknowledge the issues Facebook is attempting to solve with Libra...

Iran Plans to Allow Crypto Mining, Central Bank of Iran Governor Says

Iranian authorities are planning to authorize cryptocurrency mining, as the governor of the Central Bank of Iran (CBI) declared...

Turkey Puts Central Bank Digital Currency on New Economic Roadmap

The government of Turkey has included a central bank-issued digital currency in its 2019–2023 economic roadmap published on Jul...

BitMEX CEO Says Facebook Libra Will Make Banks ‘Dumb Nodes’

Facebook’s Libra payment protocol could make central and commercial banks irrelevant, but PayPal has no future anyway, the CEO ...

EU Central Bank Won’t Add Bitcoin to Reserves — Says Its Not a Currency

The European Central Bank (ECB) doubled down on its dismissive stance on bitcoin (BTC) July 9, refusing to recognize it as curr...
July 10, 2019
9

Chinese Central Bank’s Blockchain Trade Platform Processed $4.36B

The  blockchain trade finance solution of the People’s Bank of China (PBoC) processed over 30 billion yen ($4.36 billion) in fo...

European Central Bank Exec Calls for Fast Regulatory Action Regarding Libra

European Central Bank executive board member Benoit Coeure said that financial regulators must act fast to prepare for Facebook...

Cash Prevents Digital Currencies With Negative Interest

Japan’s second most senior banking figure has said central banks cannot use digital currencies to enforce negative interest rat...
July 5, 2019
9

Only a Fool Would Trust Facebook’s Libra

Nobel prize-winning economist, Joseph Eugene Stiglitz, claims that “every currency is based on trust, but only a fool would tru...

From ‘Ponzi’ to ‘We’re Working on It’ — BIS Chief Reverses Stance on Crypto

The head of the Bank of International Settlements (BIS) has appeared to U-turn on issuing digital currencies after a fresh inte...