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Following Terra’s Lehman Moment, What’s Next for the Market?
15.7.2022
Adi Ben-Ari is the Founder and CEO of data security specialist Applied Blockchain.
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The collapse of TerraUSD and Luna in May, and the associated tailspin in the crypto market, have prompted observers from both within the decentralized finance (DeFi) space and externally to ask the...
UK’s government-backed Millicent Labs demos a retail full-reserve digital currency
14.7.2022
The issuer says the currency avoids pitfalls of central bank digital currency and stablecoins while bridging blockchain and traditional financial technology
Crypto Community Unimpressed as ECB President Pushes for Digital Euro with Privacy ‘of the Highest Standard’
14.7.2022
The European Central Bank (ECB) President Christine Lagarde's new blog post again pushes for the creation of a central bank digital currency (CBDC) in Europe. But although it argues that a digital euro would protect the privacy of its users, the crypto community is not impressed. ...
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China's central bank to expand deployment of e-CNY
13.7.2022
Over 4,567,000 merchants across the country now accept the e-CNY as payment
Twitter vs. Elon Musk, Digital Euro's Phase 2, New Investments + More News
13.7.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.______...
Read More: Twitter vs. Elon Musk, Digital Euro's Phase 2, New Investments + More News
US Treasury study finds CBDCs a plus for commercial bank stability
13.7.2022
Access to CBDCs reduces banks’ need to insure against liquidity risks and gives policymakers greater information about trouble in the financial system, according to the study
French central bank head announces beginning of wholesale digital euro project phase 2
12.7.2022
The French presidency of the European Union winds down with the completion of wCBDC experiments, design of proprietary blockchain and automated market maker platform
Central Bank: No Place for Stablecoins in Russian Economy, Only Digital Ruble Will Do
12.7.2022
The Central Bank of the aggressor state Russia, says that it is against the idea of citizens making use of fiat-, oil-, or gold-pegged stablecoins – despite calls for the launch of such tokens from the Ministry of Finance.
The newspaper Vedomosti quoted a Central Bank spokesperson as insisting...
France Starts Second Stage of Wholesale CBDC Experiments, Central Bank Governor Says
12.7.2022
South Korea Ready to Test its CBDC with Commercial Banks, But Says Launch Is ‘a Long Way off’
12.7.2022
South Korea’s central Bank of Korea (BOK) says it is now ready to commence “real-world” testing for its prototype digital won – but is refusing to say whether or not it actually intends to roll out the token....
Read More: South Korea Ready to Test its CBDC with Commercial Banks, But Says Launch...
Report urges central banks to work together on digital currency interoperability
11.7.2022
The Bank for International Settlements, International Monetary Fund and World Bank say CBDCs should be programmed in advance to avoid interoperability issues
BIS Calls for Global Collaboration with CBDC Designs
11.7.2022
The Basel-based group on Monday released a joint report in collaboration with the IMF and World Bank
Kenya Has Highest Proportion of Crypto Owning Citizens in Africa UNCTAD Data Shows
10.7.2022
The latest data from the United Nations Conference on Trade and Development (UNCTAD) suggest that Kenya has the highest proportion of crypto-owning inhabitants than any other African country. To counter the growing use of cryptocurrencies, UNCTAD said it recommends the imposition of taxes that...
Credit unions warn about the cost of developing a CBDC
8.7.2022
A lobby group suggests supporting the credit union engagement instead, applicating consumer protection rights to digital assets holders
US Treasury Develops Framework For Path Towards International Crypto Regulations
8.7.2022
While the US authorities are intensifying work on developing crypto regulations, the country’s Department of Treasury has presented to President Joe Biden a framework to facilitate international cooperation on introducing such regulations and standards at the international level.
This is arguably...
Chinese Central Bank May Apply Smart Contract Technology to Digital Yuan
6.7.2022
The central People’s Bank of China (PBoC) could be set to make use of smart contracts in its digital yuan project – an indication that blockchain technology could well end up playing a larger role than expected in the e-CNY’s future....
Read More: Chinese Central Bank May Apply Smart Contract...
Fed conference hears stablecoins may boost USD as global reserve currency
6.7.2022
The underlying tech of a central bank digital currency wasn’t enough to convince some panelists at a Fed conference that it could change the international currency system
Report: Taiwan’s Central Bank May Need 2 Years to Complete Work on CBDC
30.6.2022
Taiwan’s central bank is yet to conclude work on its central bank digital currency (CBDC) and according to the bank’s governor, the institution may need two more years to finish its work, a report has said. Some of the bank’s next tasks include winning the public’s...
Taiwan central bank governor considers interest-free CBDC design to prevent fiat deposit flight
29.6.2022
"Neither of the current CBDCs in circulation, such as the Sand Dollar and the digital yuan, accrue interest on deposits," said Yang
VTB sealed the first deal with digital financial assets in Russia
29.6.2022
VTB Factoring acquires a tokenized debt pool of industrial companies via the Lighthouse blockchain