Digital currencies
Effects of CBDC on lending depend on level of competition – BoC researchers
CBDC could increase bank lending if banks have some market power, researchers say
Riksbank opens procurement for e-krona development
Central bank intends to commission platform for electronic central bank payments in 2020
Thai SEC executive explains country’s ban on crypto-asset trading
Thai authorities struggled to find a happy medium between consumer protection and innovation
Bahamian central bank chooses start-up to spearhead CBDC project
The pilot currency is expected to be running by 2020, governor says
Central bank digital currencies need bigger incentive to succeed, researchers find
IMF paper estimates the potential demand for central bank digital currencies
The role of e-cash in China
E-cash improves convenience and security while cutting cash handling fees
BoJ’s Nakaso says digital currencies would allow ‘wider access’ to payments
Replacing banknotes with digital currencies would be “extreme”, deputy governor says
DLT not ‘mature enough’ for eurozone usage, ECB says
ECB’s annual report explores progress with distributed ledger technology, emphasising it is still in its infancy
HKMA investing in digital currency prototype
HKMA continues to build on its DLT research through digital currency venture with commercial banks
MAS unveils new DLT plans for securities and cross-border payments
Success of initial project leads authority to launch two 'spin-off' projects
RBI’s Gandhi thinks blockchain’s capabilities are being ‘overstated’
Deputy governor says virtual currencies issues on a blockchain network pose a number of risks
PBoC issues second warning to bitcoin exchanges
Nine platforms told to enforce AML and forex regulation if they are to continue operating within China
Philippines central bank enforces virtual currency regulation
Exchanges will have to apply for certificate of registration and implement specific risk management framework
Bitcoin exchange halts service after PBoC clampdown
BTC123 will also cut interest rates on wealth management products
PBoC to investigate bitcoin firms
Central bank suspicion drives prices down by 33% in January alone
Bundesbank unveils blockchain settlement system
Prototype system able to transfer digital coins or securities as well as settling “basic corporate actions”
Fiat currencies stand firm against bitcoin
The cryptocurrency is a victim of its own success as strong demand pushes its price up, increasing speculative flows
Volatility in virtual currencies will not deter usage – new research
Model implies exchange rate will become less volatile as virtual currency becomes more established
‘Digital sterling’ could bring benefits but would reshape banking – BoE’s Broadbent
Deputy governor says digital currency could require a redesign of the banking system
Bank of Canada experimenting with distributed ledger technology
Deputy governor Wilkins announces central bank is testing “CAD-coin” in conjunction with the private sector
Riksbank adviser Segendorf offers insight into distributed ledger technology
Financial stability adviser evaluates the benefits of adopting distributed ledger
Mersch sets out broad questions around distributed ledgers
ECB publishes paper on their application in post-trade market for securities
Fed’s Brainard highlights potential in distributed ledgers
Policy-makers cannot afford to ignore the possibilities new technology could offer, she says
Redesigned digital currency could keep central banks in control
Researchers at UCL launch “RSCoin” idea, highlighting its superiority over bitcoin