Christine Lagarde, head of the IMF, encouraged the exploration of central bank digital currencies (CBDCs) in a speech on Wednesday. This article is originally written and posted on https://www.coindesk.com/imf-chief-lagarde-calls-for-exploration-of-state-backed-digital-currencies.  Visit https://www.coindesk.com/…

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Blockchain startup Adhara, which aims to bring zero knowledge proofs to central bank systems, has secured $15 million in new funding from Consensys. This article is originally written and posted…

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U.S. regulator FinCEN is urging domestic exchanges to prevent Iran from using cryptocurrency to bypass economic sanctions. This article is originally written and posted on https://www.coindesk.com/fincen-blasts-irans-use-of-crypto-to-bypass-economic-sanctions/.  Visit https://www.coindesk.com/ today for all…

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China’s central bank is looking to recruit blockchain tech and legal experts as it continues development of a yuan-based digital currency. This article is originally written and posted on https://www.coindesk.com/pboc-is-seeking-blockchain-talent-to-help-build-its-central-bank-crypto/. …

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Blockchain finance firm Clearmatics has closed a $12-million Series A funding round led by Route 66 Ventures. This article is originally written and posted on https://www.coindesk.com/blockchain-finance-startup-clearmatics-raises-12-million-in-new-funding/.  Visit https://www.coindesk.com/ today for all…

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A researcher from the People’s Bank of China voiced support for yuan-pegged stablecoins in an op-ed published Tuesday. This article is originally written and posted on https://www.coindesk.com/pboc-op-ed-pushes-use-case-for-yuan-pegged-crypto-stablecoins/.  Visit https://www.coindesk.com/ today for…

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Bitcoin apostate Mike Hearn and his R3 colleague Richard Gendal Brown view the enterprise blockchain game as, if not quite zero-sum, something close. This article is originally written and posted…

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The Reserve Bank of India has argued at the Supreme Court that bitcoin cannot be recognized as either money or currency. This article is originally written and posted on https://www.coindesk.com/indian-central-bank-argues-cryptos-not-valid-as-currency-in-court-battle/. …

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Members of the European Parliament convened with experts on Tuesday to discuss a proposal for standardizing ICO rules around the EU. This article is originally written and posted on https://www.coindesk.com/the-european-parliament-wants-to-make-icos-more-accessible/. …

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The race is on to build the best “stablecoin” – a cryptocurrency with mechanisms aimed to reduce price volatility built in. This article is originally written and posted on https://www.coindesk.com/as-central-banks-go-digital-crypto-competition-looms/. …

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The Bank of Thailand is developing its own digital currency, aiming to complete a first proof-of-concept by March 2019. This article is originally written and posted on https://www.coindesk.com/thailands-central-bank-is-developing-a-digital-currency-based-on-r3-tech/.  Visit https://www.coindesk.com/ today…

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Bitt is partnering with the Centrale Bank van Curaçao en Sint Maarten to look into issuing a central bank-backed digital currency for the two nations. This article is originally written and…

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Central bank-issued cryptocurrency could bring economic welfare gains for Canada and the U.S., according to a researcher from Canada’s central bank.  This article is originally written and posted on https://www.coindesk.com/central-bank-crypto-could-bring-economic-gains-bank-of-canada-paper/. …

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The Bank of England confirmed it is going to update its Real-Time Gross Settlement system to potentially interact with blockchain-based forms. This article is originally written and posted on https://www.coindesk.com/uk-central-bank-says-new-payments-system-will-be-blockchain-friendly/. …

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G20 member countries are looking at an October deadline for reviewing and implementing a global AML standard on cryptocurrency assets. This article is originally written and posted on https://www.coindesk.com/g20-eyes-october-deadline-for-crypto-anti-money-laundering-standard/.  Visit https://www.coindesk.com/…

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The Federal Reserve Chairman Jerome Powell criticized cryptocurrencies during a hearing on Capitol Hill. This article is originally written and posted on https://www.coindesk.com/fed-chair-cryptocurrencies-are-great-for-money-laundering/.  Visit https://www.coindesk.com/ today for all Crypto News and…

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LabCFTC director Daniel Gorfine advocated for thoughtful regulation of the cryptocurrency space in Congressional testimony Wednesday. This article is originally written and posted on https://www.coindesk.com/cftc-official-to-congress-dont-be-hasty-with-crypto-rules/.  Visit https://www.coindesk.com/ today for all Crypto…

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A paper published by the Bank of Finland explains why cryptocurrencies will never become a form of money. This article is originally written and posted on https://www.coindesk.com/cryptocurrency-concept-is-a-fallacy-says-finnish-central-bank-advisor/.  Visit https://www.coindesk.com/ today for…

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Romania has drafted an emergency ordinance to regulate cryptocurrency issuing. This article is originally written and posted on https://www.coindesk.com/romania-drafts-bill-to-regulate-cryptocurrencies/.  Visit https://www.coindesk.com/ today for all Crypto News and Information.

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India’s central bank won a key victory in court this week. This article is originally written and posted on https://www.coindesk.com/indias-supreme-court-continues-ban-on-cryptocurrency-exchanges/.  Visit https://www.coindesk.com/ today for all Crypto News and Information.

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Cryptocurrencies are “unlikely” to shake up the dominance of central banks and sovereign currencies, the EU’s newest report says. This article is originally written and posted on https://www.coindesk.com/eu-report-says-cryptocurrencies-unlikely-to-challenge-central-banks/.  Visit https://www.coindesk.com/ today…

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Former FDIC chair Sheila Bair thinks the U.S. needs to create an entirely new regulatory framework for cryptocurrencies. This article is originally written and posted on https://www.coindesk.com/ex-fdic-chair-bair-welcome-new-rules-crypto/.  Visit https://www.coindesk.com/ today for…

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The U.S. government needs to develop reasonable regulations around the nascent cryptocurrency space, said OMB director Mick Mulvaney. This article is originally written and posted on https://www.coindesk.com/trump-official-argues-for-sweet-spot-in-crypto-regulation/.  Visit https://www.coindesk.com/ today for all…

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Banco Central do Brasil is building a blockchain platform to ensure the authenticity of data exchanged between financial authorities. This article is originally written and posted on https://www.coindesk.com/brazils-central-bank-plans-blockchain-data-exchange-for-regulators/.  Visit https://www.coindesk.com/ today…

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The Bank of International Settlements intends to publish two cryptocurrency-focused chapters of its annual report this weekend. This article is originally written and posted on https://www.coindesk.com/bank-of-international-settlements-to-publish-special-report-on-crypto/.  Visit https://www.coindesk.com/ today for all…

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Thailand’s central bank is examining how a blockchain-based digital currency could make interbank settlement both faster and cheaper. This article is originally written and posted on https://www.coindesk.com/thailand-trials-central-bank-digital-currency-for-interbank-settlement/.  Visit https://www.coindesk.com/ today for…

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South Africa Reserve Bank indicates that tests of a blockchain-based system for interbank clearance and settlement produced astonishing results. This article is originally written and posted on https://www.coindesk.com/south-africas-central-bank-claims-success-in-blockchain-payment-trial/.  Visit https://www.coindesk.com/ today…

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China’s central bank has completed a blockchain-based system that digitizes checks in a move to counter fraud in the country. This article is originally written and posted on https://www.coindesk.com/china-has-built-a-blockchain-system-that-could-replace-paper-checks/.  Visit https://www.coindesk.com/…

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