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Chinese App Marketplaces Report Massive Growth in Digital Yuan Wallet Downloads
11.1.2022
China is teasing the launch of its digital yuan again, riding a wave of adoption with just weeks to go until the Winter Olympics in Beijing – the event the government hopes will finally allow the central People’s Bank of China (PBoC) to showcase its coin to the world....
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Kazakhstan Is Stabilizing, Government Claims as Crypto Miners Look to Future in Country
10.1.2022
The situation across Kazakhstan, hit by anti-government protests in the first week of the year, is normalizing, central authorities claim. The country’s massive crypto mining industry, which faced an internet blackout during civil unrest on top of power shortages, now hopes that the country...
Central bank of Bahrain trials JPMorgan blockchain and token
10.1.2022
Bahrain’s central bank initially announced the JPM Coin trial in May 2021
Social Media Giant Wechat to Support China’s CBDC, Platform Expected to Boost Adoption Rate
9.1.2022
China’s social media giant, Wechat has said it will support the digital yuan in a move that is expected to increase the of Chinese residents that use the central bank’s digital currency (CBDC). Wechat’s support of the digital yuan potentially avails the digital currency to...
Fed’s Outgoing Vice Chair Richard Clarida’s ‘Rebalancing’ Trades Ignite Fed Trading Ethics Scandal
8.1.2022
Members of the U.S. Federal Reserve are getting criticized this week after the central bank published its minutes report from the policy meeting on December 14-15. Following the update, the outgoing vice chair of the Federal Reserve’s trading activities has reignited ethics conversations....
CBDCs in 2022: New Trials and Competition with Crypto
8.1.2022
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Central bank digital currencies (CBDCs) were one of the biggest stories of 2021 as far as blockchain and cryptocurrencies were concerned, even if CBDCs don’t necessarily have anything to do with either blockchain or decentralized cryptocurrencies. Because for each new all-time high...
Fed’s Minutes Report ‘Bludgeons’ Global Markets — Stocks, Crypto, Precious Metals Slip in Value
6.1.2022
Minutes from the U.S. Federal Reserve’s policy meeting on December 14-15 show that the central bank is being persistent about unwinding quantitive easing (QE) tactics and that it views ultra-low interest rates as no longer necessary. Global markets immediately dropped after the news...
Kazakhstan Shuts Down Banks, Internet Amid Unrest That Threatens Bitcoin Mining, Hashrate
6.1.2022
Measures imposed by authorities to quell mass protests in mining hotspot Kazakhstan are affecting cryptocurrency markets and the Bitcoin network hashrate. To deal with the civil unrest caused by rising fuel prices and a worsening economy, the government restricted access to the internet and closed...
Top Crypto Concern of Institutional Investors, Ray Dalio on Bitcoin Allocation + More News
6.1.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Top Crypto Concern of Institutional Investors, Ray Dalio on Bitcoin Allocation + More News
WeChat Pay Interoperability is Another Key Breakthrough for Digital Yuan Pilot
6.1.2022
Payment platform WeChat Pay began its own digital yuan journey, at the time when millions of Chinese citizens are getting their first taste of what life is like with a central bank digital currency (CBDC) – as citizens in some of the country's biggest cities began using a pilot version of a CBDC...
Selloff in Crypto Triggered by Hawkish Fed as Tech Stocks Drop Too
6.1.2022
Markets ranging from global technology stocks to crypto took a major hit over the past day, after a release of minutes from the last US Federal Reserve (Fed) meeting revealed a more hawkish stance than the market had expected.
At 10:09 UTC, bitcoin (BTC) traded at USD 42,738, down by 9% over...
Activision Sues Call Of Duty: Warzone Cheat Maker For Selling To 'Tens Of Thousands' Of Players
5.1.2022
Call of Duty publisher Activision is kicking off 2022 by asking a court to shut down Warzone cheat maker EngineOwning, opening up a new legal front in its never-ending war against the hackers plaguing its popular online battle royale. In addition to lost revenue, the company currently under fire...
Polish Banks Mull CBDC, Cryptoasset Projects
5.1.2022
Poland’s central bank (Narodowy Bank Polski, NBP) and the country’s largest retail bank seem to be accelerating their respective works on developing digital assets - with the former potentially working on a central bank digital currency (CBDC), and the latter possibly moving to launch its...
Global Central Bank Gold Holdings Rose to 36,000 Tons in 2021, Increase Attributed to Dollar’s Decline
5.1.2022
The total quantity of gold held in reserves by central banks topped 36,000 tons for the first time since 1990, data from World Gold Council has shown. This increase follows growth in the banks’ reported holdings of the asset by 4,500 tons over the past decade. Dollar’s Decline a Boon...
India’s Monetary Policy Committee Member: Total Crypto Ban Is Difficult to Implement, Crypto Assets Should Be Regulated
5.1.2022
A renowned economist who is a member of India’s Monetary Policy Committee says that a total cryptocurrency ban is difficult to implement and “would only increase illegal activities and participation in the darknet.” She believes that crypto assets should be regulated. Monetary...
China’s Digital Yuan Wallet App Now in iOS and Android App Stores
5.1.2022
China’s central bank has released its digital currency wallet app ahead of the Winter Olympics. The wallet app for the digital yuan, also known as e-CNY, can now be downloaded from the iOS and Android app stores in the country. Digital Yuan Wallet App Now Downloadable From iOS and Android...
China’s central bank releases pilot version of digital yuan wallet
4.1.2022
The "e-CNY (Pilot Version)" app was made available for download on the Chinese Android and Apple app stores on Tuesday
Chinese Central Bank’s Digital Yuan App Hits Apple, Android Stores
4.1.2022
China’s digital yuan is inching ever closer to rollout – with a pilot version of a central bank-issued app and wallet released on Apple and Android app stores in the country....
Read More: Chinese Central Bank’s Digital Yuan App Hits Apple, Android Stores
Jamaican Central Bank Says It Has ‘Successfully Completed CBDC Pilot’
4.1.2022
The Jamaican central bank successfully completed the pilot testing of its central bank digital currency, a statement from the bank has said. The statement however reveals that only one payment service provider participated in the pilot. Only One Payment Provider Participated in the Pilot The Bank...
Bank of Jamaica completes first CBDC pilot
3.1.2022
The Bank of Jamaica initially partnered with the Irish cryptography firm eCurrency Mint for its CBDC project in March 2021