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Central Banking
ECB's Benoit Coeure to Lead Central Banking Digital Currency Initiative
Coeure is to lead the new BIS Innovation Hub in researching and perhaps developing fintech with benefits, such as digital currencies.
MAS, JPMorgan Build Payments System With Inter-Blockchain Connectivity
Working with JPMorgan and Temasek, Singapore's central bank has developed a prototype blockchain-based cross border payments system.
After Xi, China's Central Bank Gives Blockchain Tech a Pump
The People's Bank has said blockchain is a solution to trade finance asymmetries in the latest promotion of the tech in China.
US Federal Reserve Hiring Retail Payments Manager to Research Digital Currencies
The central bank is expanding the role of its Retail Payments Manager to include digital currencies, stablecoins and distributed ledger technologies as part of a new hire.
China Announces New Regulatory Authority to Certify Digital Payments, Blockchain Products
China’s central bank will certify a list of fintech product types that are widely used for digital payment and blockchain services with its verification system.
Ex-Official Trolls Libra, Says China Likely to Issue Digital Currency First
China's central bank could be the first to issue its own national digital currency, a former official said, while contending that Libra was doomed.
How Lebanon's Economic Crisis Highlights Bitcoin's Limitations
Bitcoin users in Lebanon have numerous hurdles to overcome to develop a local market during the nation's economic crisis.
Chinese Official Warns Libra Could Abet Illegal Cross-Border Transfers
Libra must abide by international foreign exchange regulations to not enable illegal transfers or “it should be banned,” a senior Chinese regulator said Monday.
Regulate Stablecoins – Don't Squash Them
Regulators should offer a path for stablecoins to exist alongside current financial systems, writes a fellow at Harvard's Berkman Klein Center.
Fed Governor Brainard Identifies Libra Threat, Says Regulatory Hurdles Abound
Federal Reserve governor Lael Brainard delivered a sharp critique of Libra, which would need to resolve many regulatory hurdles before going live.