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British Virgin Island announces a USbacked digital currency
4.12.2019
CoinMarketCap Daily Newsletter Your daily newsletter for 4 December, 2019 “There's only one corner of the universe you can be certain of improving, and that's your own self.” - Aldous Huxley In today's newsletter, we will be covering: Ethereum's proposed hard […]
The post British Virgin...
Banks Are Cutting 75,700 Jobs Worldwide
4.12.2019
Banks worldwide have announced major job cuts this year. Globally, 75,700 jobs are reportedly being eliminated, with the most recent announcement coming from Italy’s largest bank. Unicredit has become the latest major bank to unveil layoff plans, joining Deutsche Bank, Santander, Commerzbank...
World’s 5th Biggest Bank to Launch ‘Digital Currency’ Company in 2020
4.12.2019
One of Japan’s largest companies, Mitsubishi UFJ Financial Group (MUFG), is set to co-launch a “digital currency” and smartphone-based payment service – in conjunction with Japanese human resources network Recruit.
Per a report from Nikkei, the new joint-venture company will debut in 2020, and will...
No Demand for a State Digital Currency in Japan: Central Bank Governor
4.12.2019
There is no public demand for a central bank digital currency in Japan, according to Bank of Japan Governor Haruhiko Kuroda
MUFG Teaming up With Indeed.com Owner to Launch Digital Currency for Payments: Report
4.12.2019
Japan's MUFG Bank and Recruit Holdings are reportedly launching a digital currency as part of a new payments venture
Japan: MUFG Bank Denies Reports It is Developing New Digital Currency
4.12.2019
Major Japanese bank MUFG has denied local media reports that it will launch a digital currency in 2020
British Virgin Islands Announce US Dollar-Backed Digital Currency
3.12.2019
The British Virgin Islands announced that crypto firm LifeLabs is developing a U.S. dollar-backed stablecoin for the territory
Saudi-UAE Leaders Confirm Forthcoming Jointly-Issued Digital Currency
28.11.2019
Saudi Arabia and the United Arab Emirates discussed the countries’ plans for an interbank digital currency
ECB Official Says Digital Currency Could Be an Alternative to Cash
28.11.2019
A digital currency could ensure that citizens remain able to use central bank money even if cash is eventually no longer used, according to Benoît Cœuré
The Bank of Ghana Considering Digital Currency + More Crypto News
27.11.2019
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Adoption news
The Bank of Ghana, the country's central bank, is thinking about issuing a digital currency to complement the growth...
Saga Announces Official Launch Date of SGA Token And Opens Online Onboarding Process
27.11.2019
Saga Monetary Technologies (Saga) is delighted to announce that its Saga token (SGA) will launch on Tuesday 10 December 2019. In advance of this, its full onboarding process is now open online. Compliant with the ERC-20 token standard and addressing key concerns regarding volatility, governance...
Ghana Exploring Digitized National Currency, Says Central Bank Exec
27.11.2019
The governor of Ghana’s central bank says that the country is exploring a central bank digital currency, and could issue an e-cedi in the near future
Ghana May Issue Digital Currency in ‘Near Future,’ Says Central Bank Chief
27.11.2019
Ghana is joining the ranks of nations eyeing the launch of a central bank digital currency, and is already in talks over a pilot project
Ghana May Issue Digital Currency in ‘Near Future,’ Says Central Bank Chief
27.11.2019
Ghana is joining the ranks of nations eyeing the launch of a central bank digital currency, and is already in talks over a pilot project
Still in the Queue… Why Bitcoin is Popular but Not a Global Currency Yet?
24.11.2019
Cryptocurrency has grown in popularity over the years despite the flak it has drawn from various governments and other sectors of the economy. However, it would not be too much to claim that cryptocurrency holds the key to the future, as a digital currency would emerge as one of the most important...
US Deputy Treasury Secretary: Crypto Raises Questions on Self-Government
22.11.2019
Digital currencies can shift some functions usually performed by the government to the private sector, the U.S. Deputy Treasury Secretary argued
Harvard University Stages ‘Digital Currency Wars’ Crisis Simulation
22.11.2019
Harvard University’s Digital Currency Wars simulation considers a hypothetical future crisis scenario involving a DPRK nuke purchase facilitated by a digital yuan
Market Update: Cryptos Shed Billions in Rapid Sell-Off
22.11.2019
Digital currency prices have been dropping in value this week and on November 21 the entire cryptoconomy fell below $200 billion. At the moment, most cryptocurrencies are down between 4-12% in the last 24 hours and 10-25% over the last seven days. Traders are currently pondering what will happen...
New Bill Would Put Facebook’s Libra Stablecoin Under US Securities Law
21.11.2019
American lawmakers have introduced a bill to put Facebook’s Libra under the jurisdiction of the Securities and Exchange Commission
Here Are Some Fun Things to Do With Bitcoin Cash
21.11.2019
The best use for any currency would be to spend it on things you need or even better, enjoy. And spending has to be easy and inexpensive too. Bitcoin cash has these characteristics and brings them to the digital money world. They have been acknowledged by crypto users who appreciate fast and...