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Central banks should be ready with CBDCs, says Bank of Canada exec
15.10.2020
Timothy Lane says the central bank is developing a CBDC at "a good pace.”
Governments and banks are the only winners with fiat currency, says Max Keiser
15.10.2020
His doom and gloom comments continue to roll in for global currencies
Bankless society ‘inevitable’ due to crypto, says Morgan Creek CEO
15.10.2020
People will be able to “bank themselves” with crypto
Blockchain firm Monerium thinks Europe 'already has' a digital euro
14.10.2020
The ECB should grant e-money issuers access to central bank reserves, says Monerium
Around 100 Italian Banks Are Officially on a Blockchain
13.10.2020
The Italian Banking Association claims that about 100 local banks are now operating on a blockchain network designed to speed up interbank transactions and processes
European Central Bank seeks public input on digital euro
13.10.2020
A digital euro would not replace cash, but complement it, says the European Central Bank
Bank of England Moves Closer to Negative Interest Rates, Asks Banks if They Are Ready
13.10.2020
The Bank of England has moved closer to adopting a negative interest rate policy. The central bank has asked commercial banks in the U.K. to provide details of how ready they are to deal with negative interest rates, asserting that for the policy to be effective, commercial banks need to be ready...
Ex-bank Boss Lebedev Says 'Parasitic' 'Banks Pocket Clients Money,' Touts DeFi
13.10.2020
Alexander Lebedev. Source: a video screenshot, Youtube/Александр Лебедев
A Russian media mogul and former bank chief who is set to launch an ambitious new, DeFi-themed cryptobank project in Switzerland has taken a swipe at the conventional banking system and countries that allow themselves...
Central Banks Haven’t Made a Good Case for Digital Currencies: WSJ’s Heard on the Street
12.10.2020
Central banks are rushing into digital currencies without considering how the risks might outweigh any benefits, the column argues
Crypto banks are going to swallow fiat banks in 3 years — or even less
10.10.2020
In three years, a younger generation of banking customers won’t do business with a traditional fiat bank unless it offers access to crypto
Non-committal CBDC Report Highlights BIS, Central Banks’ Indecision
9.10.2020
The Bank for International Settlements (BIS) and a group of leading-economy central banks has issued a report outlining what they believe the key principles of a central bank digital currency (CBDC) should be – but yet again went to great pains to sit on the fence when it comes to the matter...
Fed Reserve and 6 Other Central Banks Set Out Core Digital Currency Principles
9.10.2020
The seven central banks, along with BIS, have released a report setting out agreed core objectives that must be met by national digital currencies
Shenzhen to hand out 10 million digital yuan in currency giveaway
9.10.2020
China is promoting its central bank digital currency with a public $1.5 million giveaway
Central banks detail CBDC expectations in massive joint document
9.10.2020
The report is a major step towards pushing central bank digital currencies forward
Ex-Goldman Sachs exec believes that his decentralized clearing house can rescue DeFi from oblivion
8.10.2020
"I have seen this movie before," said the ex-banker with reference to DeFi
British fintech to expand banking services to Indian crypto customers
8.10.2020
London-based banking company Cashaa will launch a crypto-friendly neo-bank in India
Former Morgan Stanley exec joins Gemini crypto exchange
8.10.2020
Gemini exchange continues to strengthen its global expansion strategy
Kyrgyzstan’s central bank suspends SWIFT to prevent capital outflow
7.10.2020
The bank is shutting down the SWIFT network as protests rocked the country
US Regulator To Clarify Whether Banks Can Hold Monero & Other Privacy Coins
7.10.2020
The US Office of the Comptroller of the Currency (OCC) is about to take another step in helping local banks to deal with the Cryptoworld. Brian Brooks, Acting Head of the OCC, confirmed that they hope to clarify whether cryptocurrencies, in particular privacy tokens, such as monero (XMR), zcash...
South Korea’s Central Bank to Test Digital Currency With Banks in 2021
7.10.2020
Following China's lead, the Bank of Korea is to run circulation trials of a central bank digital currency with assistance from banks