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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 ... 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 ... 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 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 ... 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 ... read more

Bitcoin hits $10000: Rise of cryptocurrencies is putting them on central banks’ radar

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 ... 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 ... 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

What the Central Banks Are Saying About Cryptocurrencies

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 ... 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