Central Bank


Policy

Bank of England's Stablecoin Ruling Targets Financial Stability, Exec Says

Financial stability was a key factor in the Bank of England's decision to hold stablecoin payment systems to the same regulatory standards as existing payment chains.

“It doesn’t matter what technology you are using," said BoE exec Christina Segal-Knowles. "Same risk, same regulation.” Image via Shutterstock

Policy

ECB's Lagarde: We Want to Develop Digital Currencies but Won't Discourage Private Initiatives

Lagarde said the ECB will continue researching CBDCs and will not stand in the way of any private initiatives.

European Central Bank President Christine Lagarde

Markets

Stablecoin Crisis Could Wreck Global Finance, Fed Warns in New Report

The Fed warned that a stablecoin crisis could wreak havoc on the global economy and outlined the steps issuers must take to protect the status quo. 

Federal Reserve. Credit: Shutterstock

Markets

Burundi Central Bank Director: 'Strong Measures' Will Be Taken Against Crypto Traders

The Republic of Burundi banned all cryptocurrencies, stating the volatile, speculative and unregulated asset class presents too much risk for citizens.

burundi, africa

Markets

Two Libertarians, Two Views on Bitcoin's Ability to Disrupt Fiat Money

“Half of the audience here is like, ‘I hope you die in a fire.’”

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Markets

Iran Could Ban Bitcoin for Payments, Central Bank Report Suggests

The Iranian central bank has drafted a new report outlining cryptocurrency regulations in the country.

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Markets

Romania Drafts Bill to Regulate Electronic Money

Romania has drafted an emergency ordinance to regulate cryptocurrency issuing.

romania

Markets

Pakistan Bars Banks from Crypto and ICO Trading

A long-running cryptocurrency exchange in Pakistan is closing its door following a new advisory from the country's central bank.

Rupee

Markets

Swiss Central Banker: State-Backed Crypto Would Pose 'Incalculable Risks'

Swiss National Bank Governing Board member Andrea Maechler sees value in blockchain, but argues central banks should stay out of consumer payments.

Swiss National Bank

Markets

Central Bank Digital Currencies Could Fuel Bank Runs, BIS Says

A central bank-issued digital currency could fuel faster bank runs during periods of financial instability, the BIS said Monday.

cracked, bank, glass