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Central Banks Wary Of Virtual Currency, BIS Study Warns

Law360, London (January 8, 2019, 2:29 PM GMT) -- Most of the world’s central banks are experimenting with ways to replace cash with digital currencies, but only a few have made “firm plans” to issue ... read more

A central bank digital currency could be around the corner, if you believe the IMF

Read: BIS warns that wide bitcoin adoption could break the internet The idea of a central bank ... to issue such a virtual currency. And in Canada, Mohammad Davoodalhosseini, a senior economist at the ... read more

Central Bank-Issued Digital Currencies: Why Governments May (or May Not) Need Them

Some of them have already rolled out their virtual currencies ... store their money at the central bank in the form of central bank digital currencies and transfer their money seamlessly, using ... read more

What the world’s central banks are saying about cryptocurrencies

In a country where a lot of people still prefer to pay in cash, the Bundesbank has been particularly wary of the emergence of Bitcoin and other virtual ... BIS said in September. One option is a ... read more

What global central banks are saying about cryptocurrencies

Japan: Study Mode Bank ... of central banking.” Germany: ‘Speculative Plaything’ In a country where lot of citizens still prefer to pay in cash, the Bundesbank has been particularly wary of the ... read more

What the central banks of the world are talking about bitcoin?

Germany: Speculative Game In a country where many people still prefer to pay in cash, the Bundesbank is especially wary of bitcoins and other virtual ... bank for central banks (BIS) said that the ... read more

Here’s what the world’s central banks are saying about bitcoin

Japan: Study Mode Bank ... of central banking.” Germany: ‘Speculative Plaything’ In a country where lot of citizens still prefer to pay in cash, the Bundesbank has been particularly wary of the ... read more

Bitcoin and Blockchain: A Russian Money Laundering Bonanza?

Virtual currencies are also a potential bonanza for money launderers, online blackmailers and cybercriminals—especially in Russia. And with the market still basically unregulated, Titus warns ... of ... read more

BitLicense not template for UK, say experts

“The European Banking Authority would like to see regulated governance authorities for each virtual currency, but this is a long way off.” Melanie Swan, founder of the Institute for Blockchain Studies ... read more

Virtual or virtueless? The evolution of money in the digital age

The advent of VCs has triggered suggestions that central banks should provide central bank digital currency, or digital base money (DBM ... Financial Market Infrastructures (PFMIs); ... read more

State-Issued Digital Currencies: The Countries Which Adopted, Rejected or Researched the Concept

The head of the BCU elaborated on the plan, adding that Uruguay "is very much in the vanguard" of virtual ... the central bank in the form of central bank digital currencies and transfer their money ... read more