Central Banking


Markets

Most Central Banks Back Digital Currency If DLT Improved: IBM Survey

A new IBM survey finds most central banks polled back issuing a wholesale digital currency, but are still uncertain about blockchain's efficiency.

IBM

Markets

India Supreme Court Seeks Government Opinion on Crypto Within 2 Weeks

The Supreme Court of India has asked the government to give its view on cryptocurrencies, amid fallout from a ruling by the central bank in April.

Indian flag

Markets

Startup Bringing Blockchain Privacy to Central Banks Wins $15 Million Funding

Blockchain startup Adhara, which aims to bring zero knowledge proofs to central bank systems, has secured $15 million in new funding from Consensys.

100 rand note

Markets

PBoC's Digital Currency Chief Departs to Lead Securities Clearing House

The former chief of China's central bank digital currency initiative has left the role to lead the country's central securities clearing house.

Yao Qian, director of the Science and Technology Supervision Bureau of the China Securities Regulatory Commission

Markets

FinCEN Blasts Iran's 'Malign' Use of Crypto to Bypass Economic Sanctions

U.S. regulator FinCEN is urging domestic exchanges to prevent Iran from using cryptocurrency to bypass economic sanctions.

Tehran, Iran

Markets

PBoC Is Seeking Blockchain Talent to Help Build Its Central Bank Crypto

China's central bank is looking to recruit blockchain tech and legal experts as it continues development of a yuan-based digital currency.

People's Bank of China

Markets

Blockchain Finance Startup Clearmatics Raises $12 Million in New Funding

Blockchain finance firm Clearmatics has closed a $12-million Series A funding round led by Route 66 Ventures.

Funds

Markets

PBoC Op-Ed Pushes Use Case for Yuan-Pegged Crypto Stablecoins

A researcher from the People's Bank of China voiced support for yuan-pegged stablecoins in an op-ed published Tuesday.

The yuan, China's national currency.

Markets

Middle East's First Central Bank-Backed Crypto Exchange to Launch in 2019

After a year in the Central Bank of Bahrain's regulatory sandbox, Rain Financial is gearing up to offer crypto on-ramps from all regional currencies.

bahrain, sunrise

Markets

India's Central Bank Denies 'Formal Creation' of Blockchain Unit

The Reserve Bank of India has denied officially forming a new unit to research AI and blockchain technology, despite reports to the contrary.

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