The president of the Central Reserve Bank of Peru Julio Velarde announced that his country will be entering the global race to develop a Central Bank Digital Currency (CBDC). At… Read more »
The Bram Cohen-founded firm, which aims to reduce public blockchains’ energy dependency, is developing a model that will enable countries to share information on carbon credits and other climate-related issues…. Read more »
Top U.S.-based banks and financial institutions have filled more than 1,000 positions for crypto experts in the past three years. According to a Nov. 1 report from Bloomberg, financial institutions… Read more »
“We recognize that there are a number of areas where both countries and the private sector have wanted more guidance from the FATF level about how they can implement this… Read more »
A team of U.S. bank regulators is devising ways in which banks may hold crypto on their balance sheets, provide custody and facilitate client trading. In an interview with Reuters… Read more »
Jelena McWilliams, the chairperson of the Federal Deposit Insurance Corporation, or FDIC, has said the agency is working with other regulators in the United States to explore “under what circumstances… Read more »
A U.S. banking regulator during the Donald Trump administration took the position that banks could legally trade cryptocurrencies for their clients, according to a Politico article Friday. The determination was… Read more »
Banks in Spain are getting ready to offer crypto services to their clients, but are being frustrated by the lack of clarity from their central bank. The Bank of Spain… Read more »
Signature Bank added $10 billion in deposits in the third quarter, which included “notable contributions” from its digital assets service. Deposits for the New York-based bank grew to a total… Read more »
Key Takeaways Benoit Coeuré, the head of the BIS’ innovation hub, has called on central banks to act quickly in response to the rise of cryptocurrencies. Coeuré warned that “stablecoins… Read more »