Central Banking
Hong Kong Official Rules Out Plan for Central Bank Digital Currency
Hong Kong's de facto central bank has no plan to issue a central bank digital currency (CBDC), a government official said on Wednesday.
IHS Markit Has A Plan to Tokenize A $1 Trillion Loan Market
IHS Markit is developing a blockchain-based system to handle cash payments in syndicated loans – and eventually, in a wider range of transactions.
Russian Institutions to Trial Central Bank ICO Platform
Two financial institutions are set to test a regulatory platform set up by the Bank of Russia that aims to make ICOs more transparent and secure.
Norway's Central Bank Mulls Digital Currency as Cash Use Declines
Norges Bank has released a report suggesting it might one day launch a digital currency as citizens continue to turn away from physical money.
India's Supreme Court to Hold Crypto Lawsuit Hearing in July
The Supreme Court of India has decided to hear crypto-related cases with respect to the news from RBI stopping banks from dealing with cryptos.
Fed Governor Says 'No Compelling Need' for US Central Bank Crypto
Fed governor Lael Brainard has said that cryptocurrencies do not pose a threat, and there is "no compelling need" for a Fed-issued digital currency.
Indian High Court to Hear Case Against Central Bank Crypto Ban
The High Court of Delhi has recognized a petition over the Reserve Bank of India's ban on banks engaging with cryptocurrency services.
No Plans for National Cryptocurrency, Bank of Japan Official Says
The Bank of Japan said it has no plan to issue a central bank digital currency due to concerns over financial stability.
Bank of England Eyes Private Blockchain Oversight
The Bank of England is examining how to maintain data privacy over a DLT network while still allowing a regulatory window into transactions.
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.
