Central Banking


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Bitt Inks Blockchain Deal With Another Caribbean Central Bank

Bitt is partnering with the Centrale Bank van Curaçao en Sint Maarten to look into issuing a central bank-backed digital currency for the two nations.

Coins

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Central Bank Crypto Could Bring Economic Gains: Bank of Canada Paper

Central bank-issued cryptocurrency could bring economic welfare gains for Canada and the U.S., according to a researcher from Canada's central bank. 

bank of canada

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Venezuela's New National Currency Will Be Tied to the Petro, Says President

Venezuela is replacing its national currency, the bolivar, with a new one that will reportedly be tied to its controversial "petro" token.

Maduro

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Iran Plans National Cryptocurrency as New US Sanctions Loom

Iran may soon issue its own cryptocurrency in a move aimed to bypass economic sanctions enacted by U.S. President Donald Trump.

iran riyal notes

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UK Central Bank Says New Payments System Will Be Blockchain Friendly

The Bank of England confirmed it is going to update its Real-Time Gross Settlement system to potentially interact with blockchain-based forms.

bank of england

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G20 Eyes October Deadline for Crypto Anti-Money Laundering Standard

G20 member countries are looking at an October deadline for reviewing and implementing a global AML standard on cryptocurrency assets.

G20 3

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Fed Chair: Cryptocurrencies Are 'Great' For Money Laundering

Federal Reserve Chairman Jerome Powell criticized cryptocurrencies during a hearing on Capitol Hill.

Federal Reserve Chair Jerome Powell

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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.

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