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Central Banking
Bitt Inks Blockchain Deal With Another Caribbean Central Bank
Bitt is partnering with the Centrale Bank van Curaçao en Sint Maarten to look into issuing a central bank-backed digital currency for the two nations.

Central Bank Crypto Could Bring Economic Gains: Bank of Canada Paper
Central bank-issued cryptocurrency could bring economic welfare gains for Canada and the U.S., according to a researcher from Canada's central bank.

Venezuela's New National Currency Will Be Tied to the Petro, Says President
Venezuela is replacing its national currency, the bolivar, with a new one that will reportedly be tied to its controversial "petro" token.

Iran Plans National Cryptocurrency as New US Sanctions Loom
Iran may soon issue its own cryptocurrency in a move aimed to bypass economic sanctions enacted by U.S. President Donald Trump.

UK Central Bank Says New Payments System Will Be Blockchain Friendly
The Bank of England confirmed it is going to update its Real-Time Gross Settlement system to potentially interact with blockchain-based forms.

G20 Eyes October Deadline for Crypto Anti-Money Laundering Standard
G20 member countries are looking at an October deadline for reviewing and implementing a global AML standard on cryptocurrency assets.

Fed Chair: Cryptocurrencies Are 'Great' For Money Laundering
Federal Reserve Chairman Jerome Powell criticized cryptocurrencies during a hearing on Capitol Hill.

CFTC Official to Congress: Don't Be 'Hasty' With Crypto Rules
LabCFTC director Daniel Gorfine advocated for thoughtful regulation of the cryptocurrency space in Congressional testimony Wednesday.

Muh Monopoly! How a Banker's Talk Sparked All Kinds of Crypto Mockery
The head of the Bank for International Settlements briefly became the butt of crypto Twitter trolling last week after issuing new comments on the tech.

Cryptocurrency Concept Is a 'Fallacy,' Says Finnish Central Bank Advisor
A paper published by the Bank of Finland explains why cryptocurrencies will never become a form of money.
