Central bank leaders from six countries and the Bank for International Settlements (BIS) have planned an April meeting to discuss digital currencies and the parameters involved for launching their own, the Nikkei Asian Review reported on Thursday (Feb. 6). Get the Full Story Complete the...
The United States Federal Reserve is examining the possibilities and issues surrounding cryptocurrencies and digital payments, which include whether there would be a benefit to the agency issuing a digital currency, according to a report by Reuters. Get the Full Story Complete the form to...
The former Bank of France (BoF) governor Christian Noyer said that a centralized, global eCurrency is still at least a decade away. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Japanese social media network Line can begin trading its own digital currency among its 700 million users beginning in April 2020. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Although the Bank of Japan has no immediate time frame to issue digital currencies, the central bank’s deputy governor said it should explore the possibility and be ready, Reuters reported on Thursday (Jan. 30). Get the Full Story Complete the form to unlock this article...
Singapore is aiming to boost cryptocurrency firms by offering them a chance to apply for operating licenses. The move, called the Payment Services Act, will allow global cryptocurrency firms the chance to expand their operations. It will also move Singapore into a more competitive space...
Bank of France Governor Francois Villeroy de Galhau said on Saturday (Jan. 25) that central banks should be in charge of issuing electronic currency, not private companies, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
In a move that signals Tokyo’s concern regarding China’s effort to make a digital yuan, as well as Facebook’s Libra, a collection of ruling party legislators is crafting a proposal for Japan to create its own cryptocurrency. However, Japan is not likely to issue crypto...
To create a framework for the international governance of cryptocurrencies, the World Economic Forum (WEF) has reportedly formed a worldwide consortium. The Global Consortium for Digital Currency Governance will be geared toward the development of transparent, interoperable and inclusive approaches to policy to regulate the crypto...
