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‘If the water's too clean there'll be no fish’: China’s CBDC may hurt Macau’s casinos
3.12.2020
Macau’s gambling industry is reeling amid rumors that the city’s regulator is in talks with casino operators regarding the introduction of China’s digital yuan
Russian central bank opposes ruble-pegged stablecoins
2.12.2020
Russia wants to follow China’s approach of banning private stablecoins pegged to its national fiat currency
Ruble or Rubble? Russian Institutions Have Concerns About Proposed CBDC
1.12.2020
Russian banks and financial brokers are worried the digital ruble will be a burden for them
European central bankers predict that the digital euro is at least five years away
30.11.2020
Nobody seems to be in a rush to digitize the euro, but that could change given increasing global competition
UAE, Saudi Arabian central banks release report on Project Aber CBDC trial
29.11.2020
The joint report is among the most promising CBDC studies conducted by central bank authorities
Law Decoded: Cents and stability, Nov. 20–27
27.11.2020
Stablecoins and CBDCs and their related issues of privacy and surveillance lead this week's Law Decoded
Exchanges outdo auctions for governments cashing in criminal crypto, says exec
27.11.2020
Governments are increasingly liquidating crypto assets seized in criminal investigations
US intelligence is looking at Chinese CBDC as a national security threat
25.11.2020
The Director of National Intelligence wants to have the SEC's leader briefed on the dangers of the U.S. falling behind in crypto
Economic justice doesn't need the blockchain, say advisors to ‘The Squad’
25.11.2020
Making digital cash work efficiently for public stimulus payments doesn't require a detour through blockchain technology, in the view of U.S. progressives
Digital Yen Would Make Crypto Markets ‘More Lively,’ Says CEO of Monex Group
25.11.2020
Oki Matsumoto said a central bank digital currency would make it easier to convert cryptocurrency into legal tender
A digital yen will make the crypto market ‘more lively,’ says Monex CEO
25.11.2020
Oki Matsumoto, the head of Japanese financial services giant Monex, has welcomed the Bank of Japan's recent interest in central bank digital currency
Ripple Seeks New Hire to Bolster XRP and CBDC Ties
24.11.2020
XRP-affiliated American blockchain giant Ripple has posted a job advertisement as it looks to recruit a Senior Director for Central Bank Engagements – the clearest indication yet that the company is planning to increase its focus on central bank digital currency (CBDC)-related initiatives on...
BIS report suggests ‘embedded‘ monitoring tool for stablecoins
24.11.2020
After proposing automated ways to monitor global stablecoins like Libra, a new report from BIS argues that a better solution may ultimately be central bank digital currencies
US Fed researcher says CBDCs should beat Big Tech payments on privacy protection
23.11.2020
The paper also put forward CBDCs as solutions to high transaction fees and the energy use of mining cryptocurrencies like Bitcoin
Suzhou to launch digital yuan 'red envelope' trial for Double 12 event
23.11.2020
Tied in with a national shopping event, the trial will add "offline" and "touch" functionality
Ripple seeks director to engage with central banks on digital currency
23.11.2020
Ripple is looking to define its strategy regarding central bank digital currencies
China’s Xi Asks G20 Countries to Be ‘Open and Accommodating’ to CBDCs
21.11.2020
In a wide-ranging speech, Xi said that the G20 group “needs to discuss developing standards and principles for central bank digital currencies.”
The US election seals China's victory in digital currency supremacy
21.11.2020
While there is an unclear future for digital currency development under Joe Biden’s presidency, China is leading the race
IMF lawyers argue that central banks need reform before they can issue CBDCs
20.11.2020
New and developing research from the International Monetary Fund suggests that central banks around the world need new legal definitions for tokenized currencies
Central Bankers, Experts Outline Possible Scenarios for CBDC Adoption
20.11.2020
Central bank digital currencies can have broad implications for the global balance of power, experts say