India Eyes State Digital Currency to Cut $90 Million Banknote Bill The Reserve Bank of India is mulling a central bank digital currency as a means to reduce the country’s huge spend on minting physical cash.… Read More
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.… Read More
EU Report Says Cryptocurrencies ‘Unlikely’ to Challenge Central Banks Cryptocurrencies are “unlikely” to shake up the dominance of central banks and sovereign currencies, the EU’s newest report says.… Read More
St Louis Fed Now Tracks Crypto Prices on Its Research Database The St. Louis Federal Reserve Bank is now tracking the prices of four top cryptos in its economic research database, FRED. … Read More
Brazil’s Central Bank Plans Blockchain Data Exchange for Regulators Banco Central do Brasil is building a blockchain platform to ensure the authenticity of data exchanged between financial authorities.… Read More
What Would Happen to Crypto In a Global Market Meltdown? CoinDesk advisory board director Michael Casey takes a look at the state of investor psychology as it relates to the crypto markets today.… Read More
The Fed Should ‘Get Serious’ About Crypto, Says Former FDIC Chair Former chair of the FDIC, Sheila Bair, writes on the viability of CBDCs and their need for further investigation. … Read More
Bank of Italy Official: Central Banks Not Ready to Issue Digital Currencies The Deputy Governor of the Bank of Italy believes that central banks are not yet ready to issue institute-backed digital currencies.… Read More
Dutch Central Bank: Blockchain ‘Promising But Inefficient’ in Payments Blockchain technology isn’t yet a beneficial addition to the payment system in the Netherlands, according to the country’s central bank. … Read More
Thailand Trials Central Bank Digital Currency for Interbank Settlement Thailand’s central bank is examining how a blockchain-based digital currency could make interbank settlement both faster and cheaper.… Read More