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Digital Dollar Project Calls for 2-Tiered Distribution System in First White Paper for US CBDC
29.5.2020
The Digital Dollar Project's first white paper describes how a two-tiered system underpinning a tokenized dollar could modernize the U.S. financial system
Digital Dollar Project Releases White Paper Laying Out Groundwork for US CBDC
29.5.2020
A U.S. think tank working towards a digitized dollar has released a white paper detailing inaugural aims and use cases for a central bank digital currency
IMF Official Says Public-Private CBDC Offers Best of Both Worlds
28.5.2020
IMF expert says a synthetic CBDC is gaining popularity and will drive more innovation
Russia’s Biggest Bank is Buying 5000 Blockchain ATMs That Can Mine Crypto
28.5.2020
Russia’s biggest bank is spending more than $100 million on 5,000 blockchain enabled ATMs ... that are capable of mining cryptocurrency
Central Bank Digital Currencies Are Not a Replacement for Bitcoin: Grayscale
27.5.2020
Leading Bitcoin fund manager Grayscale Investments explains in its recent report that viewing CBDC as a Bitcoin replacement is incorrect
Private Firms Can Boost Central Bank Digital Currencies, IMF Official Says
26.5.2020
Synthetic CBDCs could let the private sector manage digital currencies backed by central banks, says the IMF's Tommaso Mancini-Griffoli
Digital Yuan Has No Launch Date, Bank of China Stresses Amid Rumors of Looming Rollout
26.5.2020
People’s Bank of China clarified that there is still “no timetable” on a formal digital yuan launch, despite the ongoing pilot project
JP Morgan: CBDC Threatens Hegemony of US Dollar
22.5.2020
JPMorgan warns that control over trade finance and cross-border payment mechanisms is slipping from the U.S. amid the growth of digital currencies
Token Impersonates Chinese Digital Yuan as Official Launch Date Remains Unknown
22.5.2020
Third-party actors step in to impersonate the digital yuan officials, hoping to attract gullible investors
Another One-Stop-Crypto-Shop In Making, CBDC Test + More News
21.5.2020
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.
M&A news
New York-based institutional trading firm Genesis has announced its acquisition of Vo1t, an insured digital custody...
Digital Euro Sees First Successful Test at the Bank of France
20.5.2020
The French central bank has announced the first successful test of a digital euro
Chinese Communist Party Adds Crypto to Curriculum
20.5.2020
Chinese Communist Party school publishes a new book on crypto
Advances in Blockchain Drives Banks Toward Digital Currencies, Says Bank of Korea
19.5.2020
Advances in payment settlements and decentralized ledger technology are driving central banks to consider digital currencies, according to a recent Bank of Korea report
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
South Korean Central Bank Steps up CBDC Work ‘in Response to COVID-19’
18.5.2020
The South Korean central bank has sped up its digital currency issuance progress, per a new report, with officials to begin a tech review several months ahead of schedule.
According to Chosun, the central Bank of Korea (BOK) says it has conducted a study of the technological advances required...
COVID-19 Incentivizing Crypto and Leading Mainstream Adoption
17.5.2020
The COVID-19 crisis has pushed people to seek alternative technological solutions as blockchain and crypto become more popular
Basket Currency Could Be the Answer to Hyperinflation, Says Founder of Saga
17.5.2020
Hyperinflation is inevitable and a basket currency together with Bitcoin might be the remedy, says founder of Saga
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 Files Patent Application For Digital Currency
15.5.2020
Visa has filed a patent application to create digital currency — potentially using Ethereum as the blockchain
Blockchain Bites: Will Crypto See Any of the CBDC Action?
13.5.2020
The world is growing comfortable with digital assets: JP Morgan banks crypto, England discusses CBDCs and Sheila Warren a place for privacy coins