Central Banking

Central Banking

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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.

Daniel Gorfine

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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.

Agustín Carstens

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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.

shutterstock_767913634

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Another Ripple Lawsuit Claims XRP Is A Security

A third investor in three months is suing Ripple on grounds that the XRP cryptocurrency is a security issued by the firms. 

law, legal

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Romania Drafts Bill to Regulate Electronic Money

Romania has drafted an emergency ordinance to regulate cryptocurrency issuing.

romania

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Court Says India's Crypto Exchange Bank Account Ban Will Continue

India's central bank won a key victory in court this week.

bitcoin and indian rupee

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EU Report Says Cryptocurrencies 'Unlikely' to Challenge Central Banks

Cryptocurrencies are "unlikely" to shake up the dominance of central banks and sovereign currencies, the EU's newest report says.

(Shutterstock)

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PBoC Filings Reveal Big Picture for Planned Digital Currency

The continuing efforts by China's central bank to build a fully-featured digital currency product are revealed in its many patent filings.

yuan bundles

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2 APAC Nations Have Ruled Out Central Bank Digital Currencies

The central banks of both Australia and New Zealand have said they do not plan to create their own digital currencies – at least for now.

RBA

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Ex-FDIC Chair Bair: 'I Welcome' New Rules for Crypto

Former FDIC chair Sheila Bair thinks the U.S. needs to create an entirely new regulatory framework for cryptocurrencies.

bair