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From Buenos Aires to Beirut – Covid-19 Excuse Restricts Millions of Citizens from Withdrawing Their Own Money
18.5.2020
The coronavirus and the government-induced lockdowns have wreaked havoc on the global economy and millions of people can’t access their own money. Reports from financial stricken areas like Venezuela, Argentina, and Lebanon show that citizens are being stopped from accessing their...
Austrian Bank Raiffeisen Works on National Digital Currency Pilot
18.5.2020
Raiffeisen Bank International is extending collaboration with Polish-British fintech Billon for a new form of blockchain-based national currency tokenization
Central Banks Uninterested in Digital Currency for Consumers, Says Visa Exec
18.5.2020
Digital currency solutions that directly face consumers will not be taken seriously by central banks, according to a Visa executive
Fed Chair: ‘We Have the Ability to Create Money Digitally’
18.5.2020
Fed Chair Jerome Powell said the bank has flooded the economy with money and would continue lending programs for as long as they’re needed
Germany Enters Recession as Over 100 Banks Charge Negative Interest Rates
18.5.2020
Germany has plunged into a recession with the worst quarterly contraction since the global financial and economic crisis of 2008, according to official data. Over 100 banks in the country are now charging customers negative interest rates. Germany Enters Recession The German economy is now in...
Central Banks Mull Creating a CBDC, but Not on a Blockchain: Survey
15.5.2020
Forty-six central banks would consider a broader form of distributed ledger technology for a CBDC but aren't crazy about putting it on a blockchain
Visa Patent Filing Would Allow Central Banks to Mint Digital Fiat Currencies Using Blockchain
15.5.2020
The filing details a way for fiat currencies, like the U.S. dollar, to be turned into a central bank digital currency
Visa Files Patent for Cryptocurrency System to Replace Cash
15.5.2020
Visa International has filed for a cryptocurrency system patent that is meant to replace physical currency. The system, which utilizes both central banks and commercial banks, leverages a private blockchain to improve the payment ecosystem. Visa’s Cryptocurrency Patent Filing The United...
Digifinex Live AMA Hosts Bitcoin.com Chairman – Roger Ver Talks Stimulus, Useful Cryptocurrencies, Coronavirus
14.5.2020
On May 14, Bitcoin.com Executive Chairman Roger Ver sat down with Digifinex cofounder, Kiana Shek, for an ask-me-anything (AMA) session about the cryptocurrency ecosystem. Ver explained what he thinks about the central banks printing unlimited money, the government-induced lockdowns, and...
German Neobank Offers Bitcoin Accounts With 4.3% Interest
14.5.2020
German neobank Bitwala offers users interest rates up to 4.3% with its new Bitcoin Interest Account product
Blockchain Bites: FATF, Financial Inclusion and Banking Without Banks: A Look Ahead At Consensus, Day 3
13.5.2020
Your guide to Consensus: Distributed, Day 3: FATF, DeFi and why Bitcoin is still king
Buying Corporate Bonds and ETFs: US Federal Reserve Continues to Bailout ‘Too Big to Fail’
12.5.2020
The U.S. Federal Reserve has continued its schemes of monetary easing and funding a number of private banks during the Covid-19 outbreak. On Monday evening, the Fed revealed it would be buying corporate bonds and exchange-traded funds using the entity’s Secondary Market Corporate Credit...
CipherTrace Wants to Guide Central Banks on Their Digital Currency Projects
12.5.2020
The blockchain analytics firm is launching an initiative to pitch itself to central banks as both a tech partner and a guiding influence on future digital currency projects
JPMorgan Provides Banking Services to Crypto Exchanges Coinbase and Gemini
12.5.2020
Coinbase and Gemini reportedly had their accounts approved with JPMorgan Chase in April
Main Barrier to CBDC Is Philosophy, Not Tech, Says European Central Bank Rep
11.5.2020
ECB executive board, Yves Mersch, believes that the main impediment for CBDC is philosophical rather than technological
Ammous and Voorhees Come to Consensus on Failures of Centralized Powers
11.5.2020
Two of the cryptocurrency space’s most outspoken critics of central banks spoke about failures during the current coronavirus pandemic and how Bitcoin could have prevented them
Virtual Consensus 2020 Kicks Off with ECB Official Discussing CBDC
11.5.2020
Major crypto event, Consensus: Distributed, kicks off virtually, with ECB board member Yves Mersch discussing central bank digital currencies
China’s Blockchain Love Affair Continues With New Financial Pilot
9.5.2020
A pilot program is underway in Hainan’s province that aims to strengthen cross-border payments via blockchain technology
New Zealand’s Central Bank Is Hiring a Money Futurist
8.5.2020
New Zealand’s central bank is looking for a Head of Money and Cash to focus "on the future of money” and be a "thought leader" for digital currency
New Zealand’s Central Bank Is Hiring a Money Futurist
8.5.2020
New Zealand’s central bank is looking for a Head of Money and Cash to focus "on the future of money” and be a "thought leader" for digital currency