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Coronavirus Driving Interest in CBDCs, Say Central Bank Chiefs
6.11.2020
Central banks meeting in Russia said the coronavirus pandemic is a driving force behind growing interest in national digital currencies
Fed calling for more stimulus is 'code for buy Bitcoin,' says Winklevoss
6.11.2020
Jerome Powell says Congress should agree further fiscal stimulus as U.S. public debt tops $27.2 trillion
Iran Adopts Bitcoin for International Trade Amid Heavy Sanctions, Falling Rial, Soaring Inflation
6.11.2020
The Iranian government has adopted bitcoin for international trade as the country’s economic crisis deepens, with rising Covid-19 cases, depreciating rial, and intensifying sanctions imposed by the U.S. government. Iran’s Economic Troubles Magnified Iran is undergoing a severe economic...
Economy minister says Brazil will have its own CBDC
5.11.2020
Paulo Guedes said that the Brazilian real will have a digital counterpart and also highlighted the autonomy of the Central Bank
Bitcoin Volatility Expected to Rise After the US Presidential Election
4.11.2020
While the United States prepares for the results of the 2020 Presidential Election, a number of data points and traders expect some significant cryptocurrency price fluctuations this week. Statistics from skew.com show bitcoin’s 30-day implied volatility has increased to 59% while 3-6 month...
China’s digital yuan is ‘a long way’ from beating USD says financial firm exec
3.11.2020
Sounds like its CBDC is unlikely to dethrone the United States dollar as the world’s reserve currency anytime soon
PayPal crypto services to go global early 2021, support for CBDCs coming
3.11.2020
PayPal is planning to launch crypto services for users of its platform globally, along with the Venmo app, and the company will explore central bank digital currencies
Federal Reserve Staff Sluiced Wall Street Bankers With Trillions From the Comfort of Their Mansions
3.11.2020
While American citizens wait for bureaucrats to pass a new coronavirus relief package, the Federal Reserve has continued to serve corporate interests and the banking cartel. Behind the curtains from the comfort of their own mansions, members of the Fed have given more stimulus to crony Wall Street...
Mastercard President Says Crypto Patents Will Pay Off When Central Bank Digital Currencies Arrive
2.11.2020
Crypto IP "puts us in a good position" for central bank digital currency, said Mastercard President Miebach
China’s digital yuan pilots have processed $300M so far, says PBoC head
2.11.2020
China’s digital yuan pilot program is picking up speed
Reserve Bank of Australia forms partnerships to research CBDC
2.11.2020
The project will “explore if there is a future role for a wholesale CBDC in the Australian payments system,” according to the RBA
Australian Central Bank, Commonwealth, National Australia Bank Partner on CBDC Research Project
2.11.2020
The partnership will explore the possible use and implications of a wholesale form of central bank digital currency using distributed ledger technology
Australian Central Bank, Commonwealth, National Australia Bank Partner on CBDC Research Project
2.11.2020
The partnership will explore the possible use and implications of a wholesale form of central bank digital currency using distributed ledger technology
Germany’s central bank is working on a blockchain project, but it's not a CBDC
30.10.2020
Bundesbank seems to be coyly flirting with blockchain technology
Central Banks Dump Gold for the First Time Since 2010, Precious Metal Drops 9% Since August High
30.10.2020
A few central banks have started selling tons of gold for the first time since 2010 in order to ease the financial suffering from the Covid-19 pandemic. At $1,875 per ounce, gold prices are down -9.63% since the commodity’s high of $2,075 on August 6. Even though gold has dropped...
Russian Central Bank Says CBDC Will Wipe Out Need for Crypto
30.10.2020
The Russian Central Bank has been banging the drum again on what has become its favorite subject – regulating crypto, and has apparently responded to criticism of its plans to issue a digital ruble by claiming a central bank-issued token could eliminate out the need for people to use crypto.
In...
Bitcoin price spikes 5% to $13.5K shortly after ECB stimulus announcement
29.10.2020
Bitcoin price rallied from $12,920 to $13,600 in the hours following the European Central Bank (ECB) statement and optimistic job data from the U.S
Iran’s New Crypto Law Requires Miners to Sell Bitcoin Directly to Central Bank
29.10.2020
Iran has reportedly revised the country’s cryptocurrency regulation to require licensed bitcoin miners to sell their coins directly to the central bank for use to fund imports. Iran’s Revised Crypto Law The Iranian government has amended its cryptocurrency regulation to enable...
Will they or won't they? Central banks eye each other's digital currency moves
29.10.2020
Canada's central bank recognizes that CBDCs are a necessarily international issue
Cambodia launches inter-banking platform that runs on blockchain
28.10.2020
But don’t call it a CBDC, says central bank reps