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China Tracks Victims of Coronavirus with WeChat and Alipay
18.2.2020
Chinese province tracks victims of coronavirus with WeChat and Alipay, does crypto solve this?
84 PBOC Digital Currency Patents Show the Extent of China’s Digital Yuan
16.2.2020
The People’s Bank of China (PBOC) has reportedly filed 84 patents relating to its plans to launch a digital currency. The patents reveal the central bank’s plans which include integrating digital currency wallets into existing retail bank accounts. The potential for the Chinese central...
Not All Central Banks Have an Interest in CBDCs
16.2.2020
A central bank survey reveals cryptocurrency is set to gain 1.6 billion users within 3 years
Cryptocurrency News From Japan: Feb. 9 - Feb. 15 in Review
15.2.2020
This past week’s news from Japan included details on Bitpoint’s massive 2019 deficit, a Japanese politician’s Libra fears and more
Japan Uneased by Chinese CBDC, Plans on Digital Yen in ‘2 to 3’ Years
15.2.2020
Japan is worried about the soon-to-be-released Chinese CBDC, as it might disrupt the global economy. Local lawmakers suggest developing a digital yen to counter it
Bahamas Digital Dollar to Roll out Across All Islands in H2 2020, Governor Says
14.2.2020
After launching the Bahaman digital dollar pilot in December, the Bahamas’ central bank will roll out the initiative across all islands in H2 2020
Conservative U.S. Think Tank Denies Need for Federal Digital Currency
12.2.2020
The government should ensure consumers can use the preferred currency instead of launching a digital currency, according to U.S. think tank the Heritage Foundation
Fed Chair Powell Reveals US Response to China’s Digital Yuan, Libra, Public Payments Ledger
12.2.2020
In his testimony before the House Financial Services Committee, Federal Reserve Chairman Jerome Powell answered a number of questions regarding digital currencies. While stating that “a ledger where you know everybody’s payments” is not a problem in China, he believes it is...
Central Bank Digital Currencies Are Good for Bitcoin, Barry Silbert Says
11.2.2020
Bitcoin would benefit from global central banks issuing their own digital currencies, founder of Grayscale Investments said
Japanese Official Calls for Urgent Development of Digital Yen to Counter China
10.2.2020
A senior Japanese lawmaker said that the country should release its digital yen in two to three years
Beware! CBDC Has Serious Privacy Implications
9.2.2020
The widespread use of cryptocurrency as an alternative method of payment has led to a growing digital ecosystem over the years. Governments are behind the curve, continuing to wrestle with how to develop effective public policy measures to regulate its use.
The Bank of Canada has been actively...
Facebook, China Light Flame Under Fed: Governor Cites Stablecoins Influencing Digital Dollar Research
9.2.2020
At the recent Symposium for Future Payments held in Stanford, California on February 5, Federal Reserve Governor Lael Brainard stressed the importance of remaining “on the frontier of research and policy development regarding CBDC.” The position seems a contrast to the narrative in 2018...
Japanese Lawmakers Want US to Place Digital Currencies on G7 Agenda
7.2.2020
In light of China’s forthcoming digital yuan, Japan should push the U.S. to place digital currencies on the G7’s agenda, say local lawmakers
US Fed Is Exploring Potential for Digital Currency, Says Board Member
6.2.2020
Fed board member Lael Brainard says the institution must remain on the frontier of central bank digital currency research and policy development
Fed Says it Is Looking into Possibility of CBDC Issuance
6.2.2020
Source: iStock/Jens_Lambert_Photography
America appears to be the latest country to have had a change of heart on the matter of central bank digital currencies (CBDCs ) – with the head of the central Federal Reserve suggesting that a “digital dollar” may well be in the pipelines.
In a speech...
Major Central Banks to Discuss Digital Currencies Amid IMF Conference
6.2.2020
Six major central banks will reportedly discuss digital currencies in April during an International Monetary Fund conference
Singapore AML Framework Can Attract Crypto Businesses, Not Chase It Away
6.2.2020
Singapore continues its push for "an Electronic Payments Society" with the new regulatory framework — unlike 5AMDL, it is unlikely to hinder crypto businesses
Mastercard CEO Reveals Why The Company Left Libra
3.2.2020
Mastercard CEO explains his issues with Facebook’s Libra
China Worries Driving South Korean Central Bank to CBDC Research
3.2.2020
The South Korean central bank is launching a second central bank digital currency (CBDC) team – a year after disbanding its first group of CBDC researchers.
The central Bank of Korea (BOK) announced its intentions to launch the new unit, which it says will conduct CBDC-related research, in what...
Cambodia Announces Own Cryptocurrency as More Details Surface About China’s Digital Yuan
3.2.2020
With China still in the lead, other countries are advancing their projects to develop payment systems around central bank digital currencies (CBDCs). Cambodia, for example, has recently revealed it will mint its own coin within months. The news comes as more details about the digital Chinese yuan...