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Bank of Spain to Weigh Digital Currency Design Proposals, ‘Implications’ Through 2021
16.10.2020
The "priority" research comes as Spain weighs a global pivot to digital economies
Digital Euro Within Decade ‘Very Likely,’ Says Finland’s Chief Central Banker
16.10.2020
Olli Rehn believes a digital euro "in one form or another" is all but inevitable
Bitcoin Mining Difficulty Set For New Record High + More News
16.10.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Mining news
Bitcoin (BTC) mining difficulty, or the measure of how hard it is to compete for mining rewards, is expected to rise more than...
Five Russian banks express interest in piloting digital ruble
16.10.2020
The first pilots of Russia’s digital currency are expected to launch in H1 2021
Shariah Compliance Expert Says Cryptocurrencies Are Legit Commodities
16.10.2020
A shariah compliance expert, the current chairman of the Shariah Advisory Council at Malaysia’s central bank and a shariah board member at many financial companies, says that cryptocurrency is a legit commodity that can be exchanged. Cryptocurrency and Shariah Compliance Cryptocurrency...
The Bahamas central bank wants to make its digital 'Sand Dollar' global
15.10.2020
The Bahamas’ digital currency is currently used domestically
Nigeria Protest Group Asks for Bitcoin Donations After Regulators Blocks Bank Account
15.10.2020
A Nigerian protest group called Feminist Coalition is asking well-wishers to make donations via bitcoin after authorities reportedly blocked the organization’s bank account. Feminist Coalition is one of the many groups spearheading protests against alleged police brutality by a Nigerian...
Russian Central Bank Wants to Cap Bitcoin Buying at USD 7,800 a Year
14.10.2020
Once again, Russia has a worrying idea for the local crypto industry and users as Russia’s Central Bank announced a new proposal that would seek to place an annual cap of around USD 7,800 (BTC 0.68) on crypto purchases for everyone in the country barring accredited investors.
In an official...
Starbucks and McDonald’s reportedly not testing China’s digital yuan
14.10.2020
Starbucks and McDonald’s are reportedly not part of the 3,000 merchants piloting China’s CBDC
Unqualified investors can buy up to $8K of crypto, says Bank of Russia
14.10.2020
Russia’s central bank wants to limit the amount of cryptos and digital rights acquired by non-professional investors
Reserve Bank of Australia still researching the CBDC it says it doesn’t need
14.10.2020
The Reserve Bank of Australia is continuing to explore how to design and operate a CBDC
Australian Central Bank Sees ‘No Strong Public Policy Case’ for CBDC
14.10.2020
The Australian central bank does not see a strong case for issuing a retail central bank digital currency, its head of payments policy said
The IMF, G20 and BIS Gear Up for the Central Bank Digital Currency Era
13.10.2020
New reports on digital currency design principles and regulatory standards show just how quickly the world’s bankers are moving
Bank of Russia issues consultation paper on digital ruble
13.10.2020
Russia’s central bank says that the digital ruble can be an “additional form of money alongside cash and non-cash.”
European Central Bank seeks public input on digital euro
13.10.2020
A digital euro would not replace cash, but complement it, says the European Central Bank
Bank of England Moves Closer to Negative Interest Rates, Asks Banks if They Are Ready
13.10.2020
The Bank of England has moved closer to adopting a negative interest rate policy. The central bank has asked commercial banks in the U.K. to provide details of how ready they are to deal with negative interest rates, asserting that for the policy to be effective, commercial banks need to be ready...
IMF, World Bank, G7 Countries to Create Central Bank Digital Currency Rules
13.10.2020
The United States, Canada, Britain, Germany, France, Italy and Japan will institute national digital currency banking standards with the International Monetary Fund and World Bank
BOJ’s Kuroda Says Central Bank Will Start CBDC Experiments in Spring: Report
12.10.2020
Bank of Japan Governor Haruhiko Kuroda said Monday that the central bank will begin experiments on a digital yen in the spring
China Should Accelerate Rollout of Digital Yuan, Says Central Bank Official
12.10.2020
Chen Yulu, deputy governor of the People's Bank of China, said at the weekend that the digital yuan project should be accelerated as an important part of the nation's financial infrastructure
Central Banks Haven’t Made a Good Case for Digital Currencies: WSJ’s Heard on the Street
12.10.2020
Central banks are rushing into digital currencies without considering how the risks might outweigh any benefits, the column argues