The High Court of Delhi has recognized a petition over the Reserve Bank of India’s ban on banks engaging with cryptocurrency services.
Archive | central banking
Japanese Official: No Plans For Central Bank Cryptocurrency
By admin on April 16, 2018 in Asia Pacific, central bank digital currency, central banking, legal, News
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 Regulatory Oversight of Private Blockchain Data
By admin on April 11, 2018 in Bank of England, banking, Business News, central banking, DLT, europe, News, regulation, Technology News, Use Cases & Verticals
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’
By admin on April 5, 2018 in banking, central bank, central banking, Distributed Ledger Technology, News, speech, Switzerland
Swiss National Bank Governing Board member Andrea Maechler sees value in blockchain, but argues central banks should stay out of consumer payments.
Fed Governor Calls Out Crypto Market Over ‘Extreme Volatility’
Lael Brainard, a governor at the U.S. Federal Reserve, has said bitcoin and its peers raise investor protection and money laundering concerns.
Russia’s Central Bank Mulls Ethereum System for Pan-Eurasian Payments
By admin on April 4, 2018 in banking, Central Bank of Russia, central banking, Masterchain, News, payments, russia, Use Cases & Verticals
The Central Bank of Russia may use its ethereum-based Masterchain software to communicate financial messaging across the Eurasian Economic Union.
Report: Kazakhstan’s Central Bank Wants to Ban Cryptocurrencies
By admin on March 30, 2018 in Bitcoin ban, central banking, Crime, cryptocurrency ban, Kazakhstan, legal, News, regulation
The chairman of the National Bank of Kazakhstan told Sputnik News it is seeking an all-encompassing ban on cryptocurrency exchanges and mining.
China’s Central Bank Eyes Crypto as Possible Yuan Risk
By admin on March 29, 2018 in Asia Pacific, central banking, central banks, china, legal, News, PBOC, regulation
The People’s Bank of China says cryptocurrencies will be a top priority for the agency this year, in an effort to protect the national currency.
State Digital Currency Still On Agenda, Says China Blockchain Research Lead
By admin on March 29, 2018 in Business News, central banking, central banks, china, News, PBOC, state cryptocurrency, Use Cases & Verticals
China is still in the process of developing a state digital currency, the chief of a government-funded blockchain research center has said.
Blockchain Remittances Face Efficiency Hurdle, Says Taiwan Central Bank
By admin on March 23, 2018 in blockchain trials, Business News, central banking, central banks, legal, News, payments, remittances, Taiwan, Use Cases & Verticals
A trialed blockchain system for interbank clearance was not as efficient as the current centralized system, says a central bank report.
G20 Calls for Crypto Regulation Recommendations By July
By admin on March 20, 2018 in Argentina, central banking, G20, legal, News, Oversight, regulation, subfeatured
Argentina’s Central Bank chairman, Frederico Sturzenegger, said the G20 members are looking for “specific recommendations” on cryptocurrencies.
Report: Russians Helped Venezuela Launch the Petro
By admin on March 20, 2018 in Business News, central banking, legal, News, Nicolas Maduro, regulation, russia, Use Cases & Verticals, Venezuela, Vladimir Putin
Time Magazine reported Tuesday that the Russian government helped Venezuela develop the petro cryptocurrency with the support of Vladimir Putin.
US Treasury Publishes 5 Tips For Blockchain Projects
By admin on March 20, 2018 in blockchain, Business News, central banking, legal, News, startups, us, US Department of the Treasury, Use Cases & Verticals
The US Treasury Department has just published five tips for building blockchain projects based on lessons learned during work on a proof-of-concept.
France’s Central Bank: Keep Financial Institutions Out of Crypto
By admin on March 19, 2018 in Bank of France, Banque de France, central banking, europe, legal, News, regulation
A report from the Bank of France advocates strict regulations for crypto-assets, including a ban on activity by banks, insurers and trust companies.
UK Government Announces New Cryptocurrency Research Effort
By admin on March 19, 2018 in Bank of England, banking, bitcoin, Business News, central banking, legal, News, uk, United Kingdom
The U.K. government will launch new research aimed to explore the potential risks posed by cryptocurrencies, a minister has said.