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Top Indian Central Banker Says Cryptos Have a Future But Fears Monopoly
20.8.2020
A former chief economist of the IMF said neither private digital currencies nor central bank digital currencies should hold a monopoly
XRP Isn’t Competing With Stablecoins and CBDCs, Says Ripple Exec
19.8.2020
XRP contributes to the development of CBDCs and stablecoins, says key exec
Bank of England Joins Key Roundtable on Central Bank Digital Currency Design
18.8.2020
The Bank of England is keeping central bank digital currency research high on its 2020 agenda
Sichuan Officials Continue to Foster the Relationship Between Bitcoin Mining and Hydropower
18.8.2020
The province of Sichuan is well known for being one of the largest concentrations of bitcoin miners on earth because electrical costs are extremely cheap in the region. Data shows that miners using hydropower in Sichuan are paying between 0.065-0.075 yuan or $0.01 per kilowatt-hour. According...
China Testing Digital Currency in Major Cities, Including Beijing and Hong Kong
17.8.2020
China’s Ministry of Commerce has announced the pilot run of the country’s central bank-backed digital currency in major cities, including Beijing, Hong Kong, and Macau. It will also be tested during the 2022 Winter Olympics games in Beijing, the ministry said. China Announces Testing...
PayPal Co-Founder, DCG-Backed BTC Mining Firm Layer1 Accused of Patent Infringement
15.8.2020
Data center power management firm Lancium filed a lawsuit against Layer1 today, alleging that the BTC mining firm’s operations had infringed upon its patent
Market Update: BTC Inches Toward $12K, ETH Jumps 12%, Report Says LINK May See ‘Rough Waters’
14.8.2020
Digital currency markets have increased significantly in value during the last 24 hours as the market capitalization of all 5,700+ coins is up over 2.4% on Friday. Bitcoin has been inching toward the $12k region again and ethereum touched a high over $442 a coin during the afternoon trading...
Thailand’s Central Bank Eyes DeFi Use Cases for Its Digital Baht
14.8.2020
Thailand’s central bank assesses the chances of bringing centralized and decentralized together
China Set for Huge Expansion of Digital Currency Pilot
14.8.2020
The Chinese central bank is reportedly set to massively expand the scope of its digital yuan pilots – as the nation edges closer to a central bank digital currency (CBDC) issuance.
Per a report from the Wall Street Journal, the nation’s Ministry of Commerce said that the pilot – so far active...
China Expands Digital Yuan Trials to Beijing and Neighboring Provinces
14.8.2020
While there is not yet a set time for the expanded pilot program to begin, a policy framework should be complete by the end of 2020
Boston’s Federal Reserve Bank and MIT to Tackle Digital Currency Research
14.8.2020
Fed Governor Lael Brainard shares updates about the U.S. digital currency initiative and why it is crucial to understand CBDCs
China to Launch Major Expansion of Digital Currency Trials
14.8.2020
China is said to be planning additional testing of its digital yuan across a number of developed regions including Hong Kong
Fed Reserve Analysts Say Common Digital Currency Distinction ‘Problematic’
13.8.2020
Bitcoin blurs the boundaries of a widely used classification of digital currencies and the distinction should be retired, say Fed experts
Hong Kong’s Greater Bay Area to Launch China’s Digital Yuan
12.8.2020
China’s CBDC is on its way to Hong Kong
Passive Income via Digital Wealth: A Deep Dive Into Crypto Earning, Staking, Interest Bearing Accounts
12.8.2020
During the last two years investment vehicles that allow crypto asset holders to gather yields have grown exponentially and anyone can make passive income with a number of avenues. Staking validators, decentralized finance (defi) lending services, and interest rate earning accounts provide digital...
Why Grayscale’s New Digital Currency Ad Could Bring Crypto Investing To Millions
10.8.2020
Just as Merrill Lynch’s 1948 New York Times ad introduced boomers to stocks, Grayscale’s cable news ad blitz suggests the time is right for digital currency
Grayscale Investments’ Ethereum Trust Filed With the SEC to Obtain Reporting Status
7.8.2020
The digital currency asset manager Grayscale told investors on Thursday that the firm has publicly filed a Registration Statement on Form 10 with the Securities and Exchange Commission (SEC) for the company’s Ethereum Trust. The recent filing is voluntary and if the SEC approves...
Bluehelix Global Expansion – Strategically Cooperates with Japanese Licensed Exchange Xtheta
6.8.2020
“Japanese licensed exchange Xtheta officially announced that it has a strategic partnership with Bluehelix, the leading blockchain financial infrastructure technology service provider, which to provide Xtheta with the underlying blockchain financial technology services to accelerate...
China’s State-Run Banks Reportedly Testing Wallet for Digital Yuan
6.8.2020
State-owned commercial banks in China are reportedly testing a wallet for the country's forthcoming digital yuan
Ripple Says Over-The-Counter XRP Sales Soared 1,700% to $33 Million in Q2
5.8.2020
Ripple has reported that over-the-counter sales of its XRP digital currency soared 1,760% to $32.55 million during the second quarter of this year. That figure compares with sales of $1.75 million posted the previous quarter, according to an earnings release published August 3. Ripple said...