Central Banking

Central Banking

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China on a Blockchain? Maybe in 2018

China may have moved to ban crypto activities in 2017, but that doesn't mean the country won't be a major player in the year ahead.

yuan, china

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A Central Bank Cryptocurrency? Not in 2018

Central bank digital currencies may sound like a nice idea, but blogger JP Koning argues they'll remain just that in 2018 – an idea.

Federal Reserve. Credit: Shutterstock

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Malaysia's Central Bank Releases Draft Rules for Cryptocurrency Exchanges

Bank Negara Malaysia published draft guidelines for cryptocurrency exchanges to report their usage statistics to prevent illicit transactions.

Malaysia central bank

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Saudi, UAE Central Banks Team Up to Test Cryptocurrency

The central banks of the United Arab Emirates and Saudi Arabia are reportedly testing a new cryptocurrency for cross-border payments.

UAE

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Closing China's Bitcoin Exchanges Was the Right Move, Says PBoC Official

The vice governor of the People's Bank of China has said that regulators took the right decision in banning ICOs and closing cryptocurrency exchanges.

Credit: Shutterstock

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The Ukrainian Central Bank Is Expanding Its Blockchain Team

Ukraine's central bank has expanded the group of people working to move the country's national currency to a blockchain.

money, ukraine

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Invest in Bitcoin 'At Your Own Risk,' Warns French Central Bank

The governor of the Bank of France has warned on the risks of investing in bitcoin, calling the cryptocurrency "speculative."

Bank of France

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Fed Vice Chair: Cryptocurrencies Threaten Financial Stability

Decentralized currencies could have "spillover effects" on the wider financial system if they get too big, Fed supervision chief Randal Quarles said.

randal quarles

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ECB's Yves Mersch: Banks Need Faster Payments to Counter Bitcoin

European Central Bank board member Yves Mersch has said banks need to launch instant payments systems to counter the rise of cryptocurrencies.

Yves Mersch

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Russian Central Bank Issues New Warning Against Cryptocurrencies

Russia's central bank warned against investing in cryptocurrencies in its annual Financial Stability Report released Tuesday.

russia central bank