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Bitcoin News Roundup for June 22, 2020
22.6.2020
With gold up and the price of bitcoin treading water, today we're talking academic piracy and Cambodia's blockchain plot to escape the dollar
Digital Yuan’s Backend Development Complete, Says Chinese Official
22.6.2020
A former senior official of the People’s Bank of China said that the country has completed the backend architecture development of its digital currency
Italian Banks Are Ready to Trial a Digital Euro
22.6.2020
The Italian Banking Association announced last week that its banks were interested in piloting a digital euro
Singapore to Explore Central Bank Digital Currency With China
19.6.2020
Singapore’s central bank is looking to join forces with China in exploring central bank digital currencies
Bank of Thailand Launches Digital Currency Pilot Project
19.6.2020
The Bank of Thailand launched a project to pilot test its CBDC payment system with the largest building material provider in the country
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)...