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Shopping.io Enables Crypto-Payments on Popular E-Commerce Websites
12.11.2020
PRESS RELEASE. The adoption of crypto is not possible without accelerating its usage as a currency, and not only as an asset. While e-commerce giants such as Amazon, eBay, and Walmart aren’t able to offer crypto-payment, Shopping.io launches a gateway to make purchases from the aforementioned...
Deutsche Bank: central bank digital currency will replace cash in long term
12.11.2020
Deutsche Bank has called on Europe to accelerate the development of central bank digital currencies
Lebanon Preparing Central Bank Digital Currency for 2021 Rollout
10.11.2020
Central bankers hope the CBDC will help restore confidence in Lebanon's shaky banking sector
Lebanon to launch digital currency in face of economic and financial turmoil
10.11.2020
Lebanon's central bank governor says the country, whose lira has been in freefall, is preparing to launch a digital currency in 2021
Currency Depreciation to Blame for 7.2% Drop in Global Remittances: World Bank Supports Digital Remittances
10.11.2020
According to a new report, the depreciation of some currencies against the U.S. dollar is contributing to the declining international remittances. After touching an all-time high of $548 billion in 2019, the World Bank report now projects remittances to drop 7.2% in 2020 to $508 billion and...
UK drafting stablecoin regulations and researching a CBDC
10.11.2020
The United Kingdom has announced forthcoming regulatory proposals for stablecoins and ongoing research into CBDC
Beijing Municipal Government Conference Notes Plans to Pilot CBDC in China’s Capital
9.11.2020
The discussion of China's digital yuan at a regional-level conference indicates the pilot is being included in state-level planning
Debate Rages on Whether a Digital Dollar Will Unleash Inflation
9.11.2020
Some speculate that if the Fed implements a digital dollar, soaring inflation will soon follow
Norway Central Bank Official Says ‘No Acute Need’ to Introduce a Digital Currency
9.11.2020
The deputy governor of the Norges Bank said there's no urgent need for the nation to launch a digital krone in a speech Thursday
CBDC revolution is coming in 3 years, says Bitcoin naysayer Roubini
9.11.2020
The word “cryptocurrency” is a misnomer because it isn’t a currency, according to Roubini
$200 Million Brazilian Crypto Fraud Scam: The US Seizes $24 Million Worth of Digital Currencies
5.11.2020
The United States Department of Justice (DOJ) says it has seized cryptocurrencies worth $24 million after receiving an official request from the government of Brazil. The seizure stems from an ongoing investigation into the $200 million cryptocurrency scam that may have defrauded tens of thousands...
Gold Price Expected to Rally Despite Concerns About Lockdown 2.0
5.11.2020
Gold industry players say the inevitable printing of new money by the U.S. will lead to an increase in the circulating supply of fiat currency. This increase, in turn, will further dilute the value of U.S. currency and thus diminish its perceived status as the world’s foremost reserve...
Bitcoin Volatility Expected to Rise After the US Presidential Election
4.11.2020
While the United States prepares for the results of the 2020 Presidential Election, a number of data points and traders expect some significant cryptocurrency price fluctuations this week. Statistics from skew.com show bitcoin’s 30-day implied volatility has increased to 59% while 3-6 month...
China’s digital yuan is ‘a long way’ from beating USD says financial firm exec
3.11.2020
Sounds like its CBDC is unlikely to dethrone the United States dollar as the world’s reserve currency anytime soon
Mastercard President Says Crypto Patents Will Pay Off When Central Bank Digital Currencies Arrive
2.11.2020
Crypto IP "puts us in a good position" for central bank digital currency, said Mastercard President Miebach
Court Filing Accuses Bitmex Cofounders of ‘Looting’ $440 Million Before the Fed Crackdown
2.11.2020
A civil lawsuit has been filed against the firm HDR Global Trading Limited, the parent company of the exchange Bitmex, alongside the three cofounders Arthur Hayes, Ben Delo, and Samuel Reed. Plaintiffs allege “the defendants’ Hayes, Delo, and Reed looted about $440,308,400 of proceeds...
China’s digital yuan pilots have processed $300M so far, says PBoC head
2.11.2020
China’s digital yuan pilot program is picking up speed
Reserve Bank of Australia forms partnerships to research CBDC
2.11.2020
The project will “explore if there is a future role for a wholesale CBDC in the Australian payments system,” according to the RBA
OCC’s Brian Brooks Against Government Issued Digital Dollar – Supports Regulation of Privately Issued Stablecoins
31.10.2020
The acting director of the U.S. Office Comptroller of Currency (OCC) Brian Brooks says the creation of the U.S. digital dollar is a terrible one because the government is not good at building things. Instead, Brooks believes tech companies, which already possess the know-how, to be in a better...
China Should Take Part in Creating Regulatory Framework for Digital Currency, Xi Says
31.10.2020
China's president said the nation should proactively participate in setting the international framework