The private sector has long driven innovation on digital currencies but as fintech’s plans became more powerful, central banks sprang to attention. Their main concern? Keeping monetary policy in their purview. The most tantalizing tales in cryptocurrencies…
The central banks of Australia and New Zealand ruled out today the notion that they would issue official cryptocurrencies anytime soon, warning the potential damage to their banking systems could outweigh the benefits. Tony Richards, head of the Reserve Bank…
Zhou Xiaochuan, the central bank’s governor, made these certain remarks relating to cryptocurrencies at this year’s National People’s Congress During his press conference, he admitted the fast growth of cryptocurrencies and spoke on how it could be better…