Daily Money & Banking News Update: 3/7/2017

  1. PBOC Official: China’s Bitcoin Exchanges Need Strict Supervision (CoinDesk)
  2. Chinese Banks Experiment With Bitcoin-Like System (MarketWatch)
  3. Arizona Challenges the Fed’s Money Monopoly (Mises Institute)
  4. “Wildcard” for ECB Rates and Four Other Things to Watch at Thursday’s Meeting (MarketWatch)
  5. Why the ECB Could Be Forced to Exercise “Nuclear” Policies in the Event of a Political Crisis (CNBC)
  6. Central Banks Are Stockpiling Foreign Reserves (Wall Street Journal)
  7. China Hints at Bitcoin Licensing, “Forgiving Attitude” to Exchanges (Cointelegraph)
  8. North Korean Banks Banned by SWIFT Banking System (MarketWatch)
  9. UBS Considers Refusing DOJ Settlement Offer (Financial Times)