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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...
German Cabinet and Bundesbank Are in Close Communication on CBDC Issues
30.8.2019
The German Cabinet and Deutsche Bundesbank are working together on the issue of CBDCs
Report: No Bank Account Needed to Transfer China’s Upcoming CBDC
30.8.2019
The upcoming China CBDC will be available to users without bank accounts, says Binance Research
UK Central Bank Governor Sees Digital Currency Displacing US Dollar as Global Reserve
23.8.2019
BOE governor Mark Carney called on Friday for the creation of a wholly digital alternative to the U.S. dollar
China’s Digital Fiat Wants to Compete With Bitcoin – But It’s Not a Crypto
16.8.2019
China may be about to launch a fiat digital currency, but in all likelihood, it will only resemble a cryptocurrency on the surface
Central Banks Worldwide Testing Their Own Digital Currencies
15.8.2019
Central banks worldwide are examining the possibility of issuing a central bank digital currency (CBDC), with some already testing theirs for different uses. Countries that have advanced their digital currency projects include China, Singapore, Canada, the Bahamas, Thailand, Uruguay, and Sweden....
Can Central Bank Digital Currencies Be Used to Fight Financial Crimes?
14.8.2019
Central bank-issued digital currencies could have a great advantage in combating the shadow economy and illegal activities, and they could be a viable alternative to digital currencies like Libra
China’s Digital Currency will Soon See The Light of The Day
12.8.2019
China has fervently regressed the idea of Cryptocurrency; the reason is simply that it would distort the functioning of the conventional monetary market. Cryptocurrency, the concept as such is predominantly dependent on the blockchain technology which claims itself to be on a decentralized platform...
CBDCs of the World: The Benefits and Drawbacks of National Cryptos, According to Different Jurisdictions
19.6.2019
State-backed digital currencies are widely discussed among many countries worldwide, from China to Tunisia. Here are some major examples of CBDCs from different parts of the world
Russian Central Bank Head: CBDC Under Consideration, But Not For Near Future
17.6.2019
The head of Russia’s central bank has said that while the launch of a central bank digital currency is being explored, it is not a matter for the near future