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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 t... 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 ... Petro is not a CBDC per se, as it is not issued by the local central bank and is different from the extant fiat currency, the Sovereig... 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 curre... 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 aut... read more

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

Japan: Study Mode Bank of Japan Governor ... being an obscure curiosity to a household name,” the BIS said in September. One option is a currency available to the public, with only the central bank ab... read more

Sweden’s C-Bank Warns about E-Krona Scams Targeting Crypto Investors

Riksbank launched the e-krona project in 2017 to study the possibility of issuing its own virtual coin ... Earlier this week, the Bank of International Settlement (BIS) published its annual CBDC surve... read more

Bitcoin and Blockchain: A Russian Money Laundering Bonanza?

And with the market still basically unregulated, Titus warns ... U.S. Treasury and the Russian Central Bank have announced plans to regulate the market, though it's not clear how new rules would contr... read more

It's Time To Protect Your Money: Submerging Markets - Part 3

In "Part 1" of the article series, I examine China's slowdown, discussing its high debt burden, capital outflows and currency issues. For "Part 2," I focus on the repercussions from easy money policie... read more

Don’t get too excited about Britain’s economic recovery. It’s built on shaky ground

going further than the BIS ever can in explicitly criticising central banks and pointing to the dangers still posed by a largely unreformed western banking sector, particularly if QE-primed equity mar... read more

Central banks told to think twice before boarding Bitcoin bandwagon

The report by two committees at the BIS, a forum whose members include the U.S. Federal Reserve and European Central Bank, is wary of central banks issuing their own central bank digital currency ... ... read more

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

On July 5, Germany rejected the idea of issuing a central bank-issued digital currency (CBDC ... and the Markets Committee (MC) of the Bank for International Settlements had been jointly studying the ... read more