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13 Things Fed Should Mull Over Before a Digital Dollar Launch
27.10.2020
The US Federal Reserve should look into more than a dozen major matters before launching its central bank digital currency (CBDC), a digital dollar, including safety, fairness, inclusion, interoperability, and resilience among others, found Global Digital Finance (GDF), an industry body working...
Central bank digital currencies have the power to upend global finance
26.10.2020
Central bank digital currencies will fundamentally change our conceptions of money and its uses
Bahamas strikes first with Sand Dollar amid US–China CBDC faceoff
26.10.2020
Fed Chairman Powell sees no urgency to develop a CBDC, but eventually, the world’s top central bank must act, say experts
Benoit Coeure Reveals BIS Plan for CBDC Trial Starting in 2020
26.10.2020
BIS is planning a proof-of-concept trial of a CBDC in collaboration with the Swiss central bank
Kenya's central bank exploring CBDCs due to 'mushrooming' of private cryptos
26.10.2020
The Governor of the Central Bank of Kenya told reporters the institution is "already feeling left out."
Digital yuan will work with WeChat and Alipay, says bank exec
26.10.2020
Details regarding the digital yuan's characteristics are taking shape
Abra CEO's portfolio is 50% Bitcoin as cash is 'becoming worthless'
26.10.2020
Abra's CEO purportedly increased his holdings prior to Bitcoin touching new 2020 highs
China's central bank lays regulatory foundation for CBDC
24.10.2020
The new draft law legitimizes digital yuan and may criminalize the issuance of yuan-backed stablecoins by third parties
China Drafts Law to Legalize Digital Yuan, Outlawing Competitors
24.10.2020
China’s central bank, the People’s Bank of China (PBOC), has drafted a law to legalize the digital yuan and outlaw digital currencies issued by anyone else competing with it. Meanwhile, the central bank has been cracking down on gambling sites that use the stablecoin tether. China...
PayPal’s Crypto Offer, BTC’s 13K Break, Bahama’s CBDC and 20 Crypto Jokes
24.10.2020
We saw some major news this crypto week, as BTC broke USD 13,000, PayPal said it will offer buying, selling and holding crypto, and the Bahamas unveiled its Sand Dollar. Following its network update, monero reigned as the best performing coin in the top 15, while Phase 0 of ETH 2.0 might be coming...
Digital ruble must ensure privacy, not anonymity: Russia’s central bank
23.10.2020
Russia’s digital ruble will not have the same level of anonymity as cash, says official
Get Ready For Crypto Banking, DeFi & CBDC Surprises - Venture Capitalist
23.10.2020
Banks will likely open crypto accounts next to fiat accounts, decentralized finance (DeFi) will claim its trillion-dollar company, while central bank digital currencies (CBDCs) will suprise many by entering our lives sooner than expected, Marc van der Chijs, entrepreneur, crypto-focused venture...
Proposed Chinese Law Outlaws All Yuan-Pegged Tokens – Except for Its CBDC
23.10.2020
The new version will essentially also clear the way for the digital yuan to be the one and only official yuan-pegged token in mainland China
Russia doesn’t need to be first with a digital currency, says state expert
23.10.2020
Russia is purportedly taking a fast-second strategy for the digital ruble
Philippines Central Bank Governor: No Digital Peso Before 2023
22.10.2020
The central bank won’t pursue a CBDC for the duration of Governor Benjamin Diokno's term, which ends in 2023
‘The cryptoruble is the future’ says Russian policymaker
22.10.2020
The parliament member claimed that there are no anti-blockchain voices in the Russian government
Philippines' central bank isn’t ready to pull the trigger on a CBDC
22.10.2020
The central bank wants to learn from private-sector digital currencies — but still believes they are inferior to central bank money
Central bank digital currency could 'threaten' Bitcoin says CZ
22.10.2020
Binance boss Changpeng Zhao aired his views on CBDCs adding that Bitcoin could be under threat if a more advanced currency was launched
EY, Samsung SDS & Naver-Line Consortium Bids to Test South Korean CBDC
22.10.2020
There has been mixed news for the central Bank of Korea (BOK) as it prepares to launch its first pilot for the digital won.
The bank is still yet to make an official decision on whether it will actually launch the central bank digital currency (CBDC) or not, but recently claimed that it would...
Hong Kong ‘Exploring’ Collaboration With China on Digital Yuan: Finance Chief
21.10.2020
A cross-boundary digital yuan could bring Hong Kong closer to the Mainland, Hui said