Central Banking

Iran’s Government Is Using Crypto Startups as Part of Its Blockchain Embrace

Iran’s central bank is working with a pair of blockchain startups that are developing what could be the groundwork for…

Korean Central Bank Study: Issuing Digital Currency Poses Financial Risk

Researchers from South Korea’s central bank say issuing a central bank digital currency (CBDC) could have negative ramifications for the…

Saudi Arabia, UAE Aim to Cut Payments Costs With Common Digital Currency

The central banks of Saudi Arabia and the United Arab Emirates (UAE) have jointly launched a digital currency trial. The…

Bitcoin’s Proof-of-Work Algorithm Needs Replacing, Argues BIS Study

The proof-of-work (PoW) algorithm used by bitcoin and some other cryptocurrencies is not viable in the long-term and needs to…

South Africa’s Central Bank Proposes Rules for Crypto Companies

Crypto exchanges and wallet providers would have to register with regulators under rules proposed by South Africa’s central bank. In…

Africa Needs Open Currency Competition. It Needs Cryptocurrency

Terence Zimwara is a cryptocurrency enthusiast and economic analyst from Zimbabwe, with firsthand experience of his country’s record hyperinflation. Terence…

The Era of Central Bank Digital Currencies Is Within Reach

Kevin Rutter is the research lead at R3. “CBDC, not bitcoin” is the new “blockchain, not bitcoin.” Since 2014, discussions…

ECB Official Calls Bitcoin ‘Evil Spawn of the Financial Crisis’

European Central Bank executive board member Benoît Cœuré said this week that blockchain is promising – but that bitcoin is…

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