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Google, Facebook Take on Banking Duties, Crypto Shrugged to the Side?
21.11.2019
With major tech firms shifting their focus to finance, what does this mean for the future of crypto and the wider financial system?
BOJ Rules out Digital Fiat, But Cambodia Could Issue a CBDC Next Year
20.11.2019
The governor of the Bank of Japan (BOJ) Haruhiko Kuroda has ruled out the possibility of launching a digital yen in the short term, but says the bank will continue to look into digital currency technology should the bank change its stance at a later date.
Per media outlet CoinPost, Kuroda also...
Ex-Fed Chair Greenspan: ‘No Point’ in Central Bank Digital Currencies
12.11.2019
Former Fed chair Alan Greenspan has argued there’s “no point” for central banks to issue central bank digital currencies
HCM Capital Expects China’s Digital Currency to Launch in 2-3 Months
11.11.2019
China’s digital currency could launch in 2-3 months, according to HCM Capital’s Jack Lee
Ethereum Co-Founder: Hopefully We Can Interoperate With China’s Crypto
10.11.2019
Ethereum co-founder Joseph Lubin hopes that China’s digital currency will be open and allow for interoperability with crypto
Crypto News From Turkey: Nov. 2-Nov. 9
9.11.2019
Turkish fraudsters rake in 600 BTC as the country’s president orders completion of digital lira tests by 2021 in this week’s crypto new from Turkey
Hong Kong Steps Up Research Into Central Bank Digital Currency
7.11.2019
The Hong Kong Monetary Authority is researching applications for a central bank digital currency and aims to publish results Q1 2020
How Will China Pursue Xi Jinping’s Blockchain Adoption Plan?
6.11.2019
As President Xi calls to boost blockchain innovation in the country, the Chinese government introduces regulatory bodies while anti-blockchain sentiment is banned. What else is being done to pursue the ambitious plan?
European Union Drafts Law Suggesting Consideration of Eurocoin
5.11.2019
An EU draft law considers issuing a digital currency and banning high-risk crypto projects in the union
Joe Lubin: China Will Avoid Blockchain’s ‘Decentralizing Aspects’
5.11.2019
Ethereum co-founder and ConsenSys CEO Joe Lubin says he doesn’t see a reason for China’s central bank to implement blockchain for the digital yuan
23 Central Banks Divulge Their Digital Currency Requirements
2.11.2019
Twenty-three leading central banks participated in an in-depth survey on their digital currency developments and requirements, including fungibility, convertibility, and availability. They also discussed the timeframe for issuing consumer-ready central bank digital currencies and divulged their...
IBM Expects a Central Bank to Issue Digital Currency Within 5 Years
30.10.2019
73% of leading global banks state CBDC should be available “under all circumstances” in a new study by IBM and OMFIF
China Ranks 35 Crypto Projects as President Xi Pushes Blockchain
29.10.2019
China has been on a roll with a series of crypto-related announcements. President Xi Jinping’s speech to accelerate the development of blockchain technology in China was followed by the passing of a cryptography bill. Meanwhile, China’s Center for Information and Industry Development...
Libra Shows Central Banks’ Failure on Cross-Border Payments: Riksbank
17.10.2019
A senior economist at Sweden's Riksbank says central banks need to "keep up" with cryptocurrency advancements like Libra and XRP
How G20 Central Bank Digital Currencies Are Progressing
2.10.2019
Central bank digital currency has become a hot topic among finance ministers and central bankers worldwide, with some G20 countries ahead of the rest on work done toward issuing their own digital currencies. Experts have weighed in on their expectations of when the first G20 digital currency will...
North Korea Needs Its Own National Crypto, CBDC Fever Spreads in Asia
29.9.2019
What do we know about North Korea’s cryptocurrency development and why is the most isolated country in the world showing interest in digital money?
China’s Fintech Stocks Soar Over 50% in 2019 Amid CBDC Anticipation
27.9.2019
China’s fintech stocks rise more than 50% in 2019 amid anticipation for state-backed crypto, a new report says
Central Banker: CBDCs Are a Flexible Tool for Zero-Interest Rate World
19.9.2019
Central banks can benefit from digital currencies but they don’t necessarily need a blockchain, says Chile’s top central banker
Connecting Cash to the Internet Using Stablecoins
11.9.2019
Most often overlooked in the fintech space is the world’s most scalable and private payment system: cash. It is used in every country around the world and despite its much exaggerated demise, according to the G4S Global Cash Report 2018, cash circulation has risen to 9.6% of GDP across...
Total Surveillance Coin Will Be a Dystopia if Controlled by Facebook or Government
10.9.2019
Digital currency provides unprecedented abilities to spy on and control what people do, and having that power in the hands of a few people is very dangerous. The Big Tech monopolies of Silicon Valley are building a future where your every action is monitored, and giving Facebook control over what...