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Fed Chair on CBDC: ‘We Need to Understand It First and Best’ — But Is He Too Late?
17.6.2020
The Fed is looking at issuing a central bank digital currency, but can’t point to any concrete progress
South Korean Crypto Tax Reports, Canada's CBDC + More News
17.6.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Regulation news
South Korea’s deputy prime minister and finance ministry chief Hong Nam-ki has confirmed the reports about...
Blockchain Bites: River’s Rise, Canada’s CBDC and Bitcoin’s Whales Post-Halving
17.6.2020
The number of Bitcoin whales is at its highest level since 2017, as the network adjusts its difficulty setting for the first time post-halving
China Considering East Asia Regional Cryptocurrency to Rival Dollar and Libra
17.6.2020
China comes up with yet another crypto-related plan to take on the hegemony of the U.S. dollar in international payments
Canada’s Central Bank Is Serious About Designing a CBDC, Job Posting Reveals
16.6.2020
The Bank of Canada is preparing to design its own central bank digital currency (CDBC), detailing its plans in a new job posting
South Korea to Review Legal Issues Surrounding Potential CBDC Launch
15.6.2020
The Bank of Korea has tapped six experts to assess possible legal issues surrounding the launch of a central bank digital currency
China Could Roll Out Its CBDC Without Anyone Realizing
15.6.2020
Ledger’s Glen Woo believes that China’s central bank digital currency could be deployed using existing payment rails without citizens noticing the change
Blockchain Firm Pitches CBDC Operating System to Bank of England
12.6.2020
As the monetary impacts of the coronavirus drive discussions surrounding central bank digital currencies, a U.K. blockchain firm has proposed a CDBD system to the Bank of England
Law Decoded: Dead Men Face No Charges, June 6-12
12.6.2020
Blockchain for distributing votes and independent digital dollars take center stage in the this week’s regulation news
US Financial Services Committee Hearing Discussed the Creation of a ‘Digital Dollar’
12.6.2020
On June 11, 2020, the United States Congress Financial Services Committee held a remote hearing about the creation of a “digital dollar.” A number of well known individuals participated including the former Chairman of the U.S. Commodity Futures Trading Commission, Christopher...
Congressman Calls Digital Dollar Hearing 'Encouraging,' but Look Out for Privacy
12.6.2020
Congressman Warren Davidson recaps yesterday’s hearing on the digital dollar, which seemed to reach new consensus across party lines — but the devil is in the details
Congress Weighs Digital Dollars for Aid After Stalled COVID-19 Stimulus Payments
11.6.2020
In the aftermath of disappointingly slow COVID-19 stimulus payments, Congress hears testimony on using digital dollars to upgrade the U.S.’s legacy financial infrastructure
South Korean Merchants Open to Accepting Digital Yuan
10.6.2020
An article published by Yonhap suggests that South Korean merchants are open to accepting digital yuan as a payment method in the near future
Ghana’s Central Bank Confirms It’s Still Looking to Pilot a Digital Currency
10.6.2020
The Bank of Ghana’s first deputy governor says the institution remains committed to piloting a central bank digital currency
South Korea Edges Closer to CBDC Rollout Without Any Comitment
9.6.2020
The Gwangandaegyo or Diamond Bridge in Busan, South Korea. The South Korean central bank has reaffirmed its digital currency plans – but continues to add disclaimers, refusing to commit to launching a digital version of its won fiat currency.
Per newspaper Hankyoreh, the central Bank of Korea (BOK)...
Lithuania Is Trialing a CBDC No One Can Use – And That’s by Design
8.6.2020
The Bank of Lithuania's LBCoin digital collectible may be a gimmick, but its ambitions for blockchain tech are very, very real
Marshall Islands Seeks to Establish a "Self-Sovereign Identity" With New Blockchain-Based Currency
6.6.2020
Joel Telpner reveals some of the steps the Marshall Islands is taking to launch its national digital currency
Digital Currencies Could Replace Low-Interest Bank Accounts, Says UN Expert
5.6.2020
Low-interest rates have removed one of the few remaining incentives for holding a bank account, meaning digital currency could be a better alternative, argues a UN expert
Ousting the Greenback: USD Still King as BTC and CBDCs Mount Challenge
4.6.2020
The advent of digital money will threaten the U.S. dollar’s global dominance, but it won’t be easy to dethrone the current global reserve currency
Stablecoins Are the Bridge From Central Banks to Consumer Payments
30.5.2020
Stablecoins can mediate between central bank digital currencies and the consumer payments universe, says Sila's Alex Lipton