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Much Anticipated Central Bank Digital Currencies Raise Privacy Concerns

12.7.2020
CBDCs are one of the hottest topics in the fintech space, but as their inception comes closer, serious privacy concerns come with it

How are Central Banks Exploring Central Bank Digital Currencies?

11.7.2020
At a time when enterprises are moving fast toward the adoption of blockchain technologies, central banks are exploring digital currencies as an alternative to replace their cash in circulation. A Central Bank Digital Currency (CBDC) is the digital form of fiat currency. Not to be confused with...

Monetary Historian: Libra Will Never See The Light Of Day

10.7.2020
Economic historian Barry Eichengreen believes that stablecoins are either too fragile, or too expensive, to emerge as a dominant monetary form

China’s Giant Ride-Hailing Service Didi to Pilot the Central Bank’s Digital Yuan

9.7.2020
The Chinese government and the country’s central bank, the People’s Bank of China (PBoC), are currently in the midst of testing a digital yuan or central bank digital currency (CBDC). Now the Chinese ride-hailing corporation Didi Chuxing will be trialing the newly developed digital yuan...

China’s Uber, DiDi, to Trial PBoC’s Central Bank Digital Currency

8.7.2020
Didi, the Chinese equivalent of Uber, is forming a task force to design and implement trial of China's central bank digital currency on its on-demand transportation platform

Future Bleak for Private Stablecoins, SFB Economist Says

7.7.2020
SFB Technologies' chief economist sees a future for central bank digital currencies, or CBDCs, but not for privately issued stablecoins

CBDC is the Most Important Trend in Payments Says Visa Crypto Chief

5.7.2020
Visa’s head of crypto says CBDC is the most important payments trend in the next decade

Japan’s Central Bank to Begin Digital Yen Feasibility Pilot

3.7.2020
The central Bank of Japan (BoJ) will conduct a controlled pilot for a central bank digital currency (CBDC) to see how a digital yen would function from a technical standpoint. The BoJ said it will begin a Proof-of-Concept (PoC) and wants to test the digital fiat in a controlled environment before...

Sri Lanka Central Bank Selects Shortlist for Blockchain Proof-of-Concept

2.7.2020
Sri Lanka’s central bank has selected a shortlist of three firms to develop a proof-of-concept for a shared Know Your Customer facility using blockchain

Sri Lanka’s Blockchain Bank KYC Platform to Enter Development ‘Shortly’: Central Bank

2.7.2020
The Central Bank of Sri Lanka is about to decide who will develop a blockchain platform that could speed up the processing of bank users' ID information

Bitcoin Analyst: Central Bank Rate Cuts Mean ‘World Has Gone Zimbabwe’

1.7.2020
Zimbabwe-style mayhem is a possible outcome from a flood of cheap money hitting the global economy, warns MMCrypto

Canada's Digital Dollar Should Focus on Inclusion and Accessibility, Say Experts

30.6.2020
Experts from the Bank of Canada have released their thoughts on how a digital dollar should be available to all Canadians

Bitcoin as a tool to fight authoritarian regimes: Vladimir Putin critic explains

29.6.2020
Professor of Economics, Sergei Guriev, told Cointelegraph how Bitcoin can be used as a tool to combat authoritarian regimes

Lebanon’s Financial Meltdown: Currency Plunges 80%, Huge Losses at Central Bank, IMF Bailout Stalled

29.6.2020
The financial crisis in Lebanon has seen its currency, the Lebanese pound, fall 80%. The International Monetary Fund (IMF) has estimated that the country’s central bank has accumulated losses as much as 170 trillion pounds. The disagreement between the Lebanese government and the central bank...