Digital currency
Malta’s crypto asset plan means greater money laundering risks, IMF warns
Authorities must rapidly improve AML regime and guarantee FSA’s independence, mission says
MAS to gain powers over wider set of payment services
Central bank will also enforce new limits for coin payments
Adoption of a privately-issued digital currency can reduce social welfare, researchers find
Optimal policy can be achieved through central bank digital currency, authors say
BoE keeping ‘open mind’ on central bank digital currency – Carney
But “it could be some time” before private accounts are available at BoE, if they are ever offered
Divergent motives fuelling CBDC discussion, BIS survey reveals
Majority of central banks are researching the various forms of CBDC
2018: The year in review
The past year marked a return to instability, but also saw some innovations among central banks
Beyond payments: central bank digital currency
Issuance of central bank digital currencies, such as Sweden’s proposed e-krona, could facilitate monetary policy beyond zero lower bound
Riksbank considers joining EU’s faster payments system - deputy governor
Cecilia Skingsley says Riksbank is reviewing how it distributes central bank money
Research project weighs bold plans for cross-border payments
One possibility is to create a single global central bank digital currency
Lagarde urges central banks to consider CBDCs
IMF chief sees obvious benefits to central bank digital currencies, but design is crucial
Central bank collaboration on CBDC warranted, says Bank of Israel official
Report rules out CBDC in Israel for now
Swedish central bank looks at path to state-backed digital currency
Riksbank may recommend changes to its own mandate
Bank of Thailand names digital currency partners
Central bank says first phase of ‘Project Inthanon’ should be completed by first quarter of 2019
Book notes: Digital human, by Chris Skinner
Skinner provides valuable insight into challenges banks face as technology continues to permeate further into financial industry
Central bank digital currency could worsen panics - Bank of Spain article
Depositors might transfer funds to central bank accounts during financial stress, researcher says
Switzerland’s Jordan on extraordinary monetary policy and sovereign money
SNB governor speaks about currency intervention, negative rates and reserves diversification
A real-time payments revolution in Asia
Asian central banks back instant payments to defend policy transmission and counter cryptocurrencies
Central bank digital currency a ‘terrible idea’, US Congress told
Move to central bank cryptocurrency would make Fed “overwhelming credit allocator” - researcher
FSB launches crypto asset monitoring framework
Metrics will focus on the financial stability risk of crypto market
Bank of Finland paper calls digital currency a ‘fallacy’
Crypto assets highlight how poorly understood money is today – BoF official
Blockchain panel says 'crypto bubble' is not cause for concern
Assets are not used widely enough to cause severe shock to financial markets
Central bank digital currency would be unsafe – senior ECB official
Lack of finality in payment could cause major instability, Benoit Coeuré says
DLT could reduce risk in payments – BoE official
Cryptography could help secure payments messages and reduce risk of fraud
Caribbean central banks look for common approach to fintech
Working group set up to look at crypto assets in the region