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China Central Bank Official Reveals Results of First Digital Yuan Pilots
7.10.2020
An official for China’s central bank has unveiled usage statistics of state-backed digital currency trials that were conducted in three Chinese cities. Speaking virtually at the Sibos 2020 conference on Monday, Fan Yifei, deputy governor of the People’s Bank of China, said the bank opened 113,300...
UK Court Overturns Ruling on $1 Billion Venezuelan Gold at Bank of England
6.10.2020
The UK Court of Appeal has overturned an earlier court ruling which denied Nicolas Maduro access to Venezuela’s gold worth about $1 billion kept at the Bank of England. The court did not recognize Maduro as the legitimate leader of Venezuela. Court Rules in Favor of Central Bank of Venezuela...
CBDC Design Needs to Address Risk to Users, Says Bank of Canada
6.10.2020
Building an anonymous central bank digital currency (CBDC) presents security risks – not only to the issuer but to the users themselves, says the Bank of Canada
DBS and Standard Chartered to launch blockchain platform to curb trade finance fraud
6.10.2020
DBS and Standard Chartered will soon launch a trade finance platform for central banks worldwide
Oman Central Bank Warns on Crypto ‘Risk,’ Singles Out Dagcoin
6.10.2020
The central bank warned citizens and residents that they use cryptocurrencies at their own risk
$9 Trillion in Stimulus Injections: The Fed’s 2020 Pump Eclipses Two Centuries of USD Creation
5.10.2020
Since September 2019, research shows the Federal Reserve has pumped over $9 trillion to primary dealers by leveraging enormous emergency repo operations. A recently published investigative report shows the U.S. central bank submits the daily loan tally, but the Fed will not provide the public with...
Are Central Bank Coins the End of Financial Privacy?
5.10.2020
As the European Union gets more serious about a digital euro, most central bank digital currencies intend to remove the anonymity of cash
Bank of Canada calls central bank digital currencies risky, especially storage
5.10.2020
Is risk in the eye of the beholder?
Estonia’s Central Bank to Research if Blockchain Can Support a Digital Euro
5.10.2020
Eesti Pank said the initiative will gauge the suitability of the KSI Blockchain, already used within the country's e-government system, in supporting a central bank digital currency
Thai central bank issues $1.6B in government bonds on IBM blockchain
5.10.2020
The Bank of Thailand has issued the world’s first blockchain-based government savings bond platform
Estonian central bank to conduct digital currency research
4.10.2020
They’re following other central banks, including the European Central Bank, into studying virtual currencies
All Currencies Will Be Pegged to Bitcoin, Says ‘Price of Tomorrow’ Author Jeff Booth
3.10.2020
Entrepreneur and popular author Jeff Booth has predicted a grim future for fiat currencies, expecting them to fail as central banks keep printing money. Foreseeing an unavoidable, severe depression and banking failure, he believes bitcoin will become the world’s reserve currency and...
Technology itself is deflationary, Diginex CEO says
2.10.2020
Answers on money printing and rising markets during a pandemic
Australia’s Central Bank Tells ASX to Push on With Delayed DLT Trading Platform
1.10.2020
ASX, the primary stock in Australia, has been told to press on with the blockchain-based replacement to its aged trading system
European Central Bank Moves to Trademark ‘Digital Euro’
1.10.2020
Central bankers have laid a claim to the phrase "digital euro" before deciding whether to actually issue one
Investors Flock to India’s DeFi Scene Months After Central Bank Ban Overturned
29.9.2020
DeFi protocols UniLend Finance and PlotX announced Tuesday they had both successfully completed their seed rounds
European central bank execs are wrong — Intentionally or unknowingly?
28.9.2020
Banking will not become decentralized, but with blockchain, it will become accountable for both banks and clients
US Federal Reserve Actively Working on Digital Dollar
26.9.2020
The Federal Reserve Board of Governors and several Federal Reserve Banks are actively working on the digital dollar. Legislation has proposed that each American could have an account at the Fed for transacting in the central bank digital currency. Several Digital Dollar Initiatives The president...
The Bahamas Reveal Details, October Date of Landmark Central Bank Digital Currency Debut
26.9.2020
The Bahamas has unveiled key details powering its historic launch of a central bank digital currency, now slated to debut on October 20
Europe's central bank is concerned about possible runs on stablecoins
23.9.2020
Stablecoin runs could occur if users lose confidence in the issuer or its network