Central Banking
In Echo of 2008, Fed Pledges $1.5 Trillion Injection to Aid Reeling Markets
The pumping of trillions of dollars of fresh liquidity into the financial system recalled the central bank’s unprecedented efforts during the last crisis.
Digital Pound Could Present 'Challenges' for UK, Says Mark Carney
The outgoing governor of the Bank of England highlighted the potential risks to monetary governance if a central bank digital currency were to be launched in the U.K.
India's Central Bank Plans to Fight Supreme Court Crypto Ruling
The Reserve Bank of India reportedly plans to return to the supreme court to ask for a review of a ruling that overturned its ban on banking access for crypto firms.
With Central Bank Digital Currencies, States Are Reasserting Power Over Money
Nothing is more centralizing than a state’s control over decentralized technologies like blockchain and cryptocurrency, says law professor and blockchain adviser James Cooper.
Brazil's Central Bank to Launch Near-Instant Payments as a Response to Cryptocurrencies
The PIX payments system is coming to Brazil later this year, promising almost instant transfers for individuals and businesses.
10% of Central Banks Surveyed Close to Issuing Digital Currencies: BIS
A fifth of the world's population may well have access to a central bank digital currency in as little as three years, according to a BIS survey.
Australians Won't Use Libra, Believes Central Bank
Reserve Bank of Australia officials are not yet convinced cryptocurrencies offer benefits over and above traditional means of payment.
French Central Banker Advocates for Blockchain-Based Settlements in Europe
The central bank of France wants the eurozone to build a DLT-based settlement system that moves euros faster and more cheaply than existing tech.
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.
China Central Bank Official: Digital Yuan Should Have 'Controllable Anonymity'
China's proposed digital yuan should strike a balance between protecting privacy and regulatory enforcement, a central bank official said.
