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Bank of Thailand Launches Digital Currency Pilot Project
19.6.2020
The Bank of Thailand launched a project to pilot test its CBDC payment system with the largest building material provider in the country
US Fed Chair Says Private Entities Should Not Help Design Central Bank Digital Currencies
17.6.2020
Federal Reserve Chairman Jerome Powell said he believes central banks would have to design and implement CBDCs, not private entities
Limitless Bailouts: US Federal Reserve Announces Billion-Dollar Corporate Bond Purchase Program
16.6.2020
During the last three months, the U.S. Federal Reserve has created a system of monetary avarice, as the central bank can literally do whatever it wants with zero oversight. The American public recently witnessed the Fed’s announcement on Monday, which explained the central bank will be buying...
Canada’s Central Bank Is Serious About Designing a CBDC, Job Posting Reveals
16.6.2020
The Bank of Canada is preparing to design its own central bank digital currency (CDBC), detailing its plans in a new job posting
Korea’s Central Bank Forms Legal Panel to Advise on Possible Digital Currency Launch
15.6.2020
The Bank of Korea has set up a legal panel to advise on possible regulatory sticking points for a future CBDC issuance
South Korea to Review Legal Issues Surrounding Potential CBDC Launch
15.6.2020
The Bank of Korea has tapped six experts to assess possible legal issues surrounding the launch of a central bank digital currency
Driven by Financial Institutions, Stablecoin Acceptance Turns a Corner
14.6.2020
Crypto has turned from an inevitable future to our happening present, and stablecoins may become the industry’s cornerstone
Lebanon's Central Bank Burns as Protesters Rail Against Fiscal Failures
12.6.2020
A spiralling currency crisis in Lebanon sparked widespread protests targeting central banks an increasing embrace of digital assets
Belarusian Banks to Issue Digital Tokens in Central Bank Pilot
12.6.2020
Belarus’ central bank will allow 12 commercial and state-owned banks to launch tokens and conduct business using their digital offerings in an ambitious new pilot.
The central National Bank’s plans, per Sputnik Belarus, will involve a pilot that will run from January 1, 2021, to January 1, 2024...
Indian Government Reconsiders Banning Cryptocurrency: Report
12.6.2020
The Indian government is reportedly reconsidering a plan to ban cryptocurrency and the finance ministry has initiated related inter-ministerial consultations. The move is supposedly spurred by the supreme court quashing the banking ban imposed by the central bank, the Reserve Bank of India (RBI)....
Russian Central Bank ‘on the Verge of’ Issuing Blockchain Mortgages
11.6.2020
Despite its disdain for all things cryptocurrency-related, Russia’s Central Bank has lost none of its enthusiasm for blockchain – and looks to be doubling down on the technology with its fast-expanding plans to issue digital, blockchain-powered mortgages.
The Central Bank, which has already issued...
Custody Provider Copper Joins Think Tank to Bridge Gap Between Traditional Finance and Crypto
11.6.2020
Crypto custodian Copper is joining the Official Monetary and Financial Institution Forum's new think tank to discuss how central banks are evaluating digital currencies
South Korean Merchants Open to Accepting Digital Yuan
10.6.2020
An article published by Yonhap suggests that South Korean merchants are open to accepting digital yuan as a payment method in the near future
Ghana’s Central Bank Confirms It’s Still Looking to Pilot a Digital Currency
10.6.2020
The Bank of Ghana’s first deputy governor says the institution remains committed to piloting a central bank digital currency
Not With Bitcoin: Rumor ECB Eyeing $500B Debt Quarantine in ‘Bad Bank’
10.6.2020
Coronavirus will inflate the EU bad debt mountain, and banks should be shielded, while an official speaks highly of so-called “bad banks.”
Saudi Monetary Authority Pumped Some of $13B Bank Infusion Using Blockchain
9.6.2020
The central bank claims to have distributed 'part' of a recent $13 billion bank "liquidity enhancement" using blockchain tech
Central Bank of Saudi Arabia Transfers Funds to Local Banks Over Blockchain
8.6.2020
The Saudi Arabian Monetary Authority has transferred funds to local banks using blockchain technology
Former Chinese Central Bank Exec Praises "Commercial Success" of Bitcoin
6.6.2020
Wu Xiaoling highlighted the benefits of the Bitcoin network and highlighted some of the weaknesses it faces nowadays
Central Bank Digital Currencies Endanger Private Banks, Says Federal Reserve
5.6.2020
Central bank digital currencies endanger private banks, warned the Federal Reserve Bank of Philadelphia
Ex-Chinese Central Bank Executive Talks of Bitcoin’s ‘Commercial Success’
5.6.2020
The former vice president of People’s Bank of China (PBoC) has spoken out about Bitcoin (BTC), calling it the most successful commercial application of blockchain technology yet – but claiming it also has crucial weaknesses.
Per Sina, Wu Xiaoling, who served as the vice president of the PBoC...