Crypto, Stablecoins May Pose 'Threat to Financial Stability' if Widely Used: BIS Survey

Two dozen central banks are also expected to launch either wholesale or consumer-facing retail CBDCs by the end of the decade.

• 2023-07-10
• digital currencies Bank for International Settlements CBDCs fiat currency central banks

Central bank digital assets can legitimize risk in the crypto space, says Standard Chartered’s Geoff Kendrick

In the second installment of a three-part interview series, Geoff Kendrick, head of crypto research and EM FX West at Standard Chartered Bank, talks altcoins, stablecoins and the legitimization of crypto risk through central bank digital assets.

• 2023-05-06
• Standard Chartered Bank Geoff Kendrick digital asset Ethereum Kendrick central banks Bitcoin digital currencies price of Bitcoin

Fed, ECB and Others Take Coordinated Steps to Boost Dollar Liquidity; Bitcoin Tops $28K

The U.S. Federal Reserve (Fed) on Sunday announced it had joined hands with other major central banks to ensure a steady flow of the U.S. dollar, a dominant reserve currency, in the global financial system. The Fed said it would increase the frequency of the dollar swap lines with the European Central Bank, the Bank of Japan, the Bank of England, the Bank of Canada and the Swiss National Bank from weekly to daily, starting Monday.

• 2023-03-20
• Swiss National Bank U.S. Federal Reserve Bank of Japan European Central Bank Bank of Canada the Bank of England central banks

Bitcoin, Ether rise; relief for investors as major banks get liquidity lifeline

Bitcoin and Ether rallied by the end of Asian trading hours on Friday afternoon, together with all other top 10 non-stablecoin cryptocurrencies by market capitalization.

• 2023-03-17
• First Republic Bank Credit Suisse Bitcoin market capitalization Silvergate Bank Swiss central bank Hong Kong central banks