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Sweden’s ‘Lagom’ Response to Coronavirus: No Masks, Keep The Economy Going With a “No Limit” Printing Press
7.4.2020
The Coronavirus in Sweden has so far claimed 611 deaths, with 7849 confirmed cases. Swedish people still send their kids to school and are not hoarding much of anything compared to countries like the US. But just like in most of the world many businesses are hit hard, and the country's central bank...
China Will ‘Undoubtedly’ Pursue Digital Yuan, Central Bank Says
6.4.2020
The People’s Bank of China has sent one of its strongest signals yet of a commitment to creating a digital national currency
South Korean Central Bank Accelerates Digital Currency Pilot to Keep Up With Other Nations
6.4.2020
The Bank of Korea has historically been skeptical about CBDCs, but now it's having to keep up
It's Happening: S Korean Central Bank Unveils Plans to Pilot a CDBC
6.4.2020
Source: Adobe/Photo-maxx
The South Korean central bank, the Bank of Korea (BOK) is “one step closer” to launching a pilot for a central bank digital currency (CBDC) and could start piloting a token as early as December this year – in line with central banks in other regions, which are also thought...
South Korea's Central Bank Launches Digital Currency Pilot Program
6.4.2020
South Korea's central bank is undertaking a CBDC pilot program, although it currently believes the need to issue a digital currency is slim
BIS Calls for Central Bank Digital Currencies Amid Coronavirus Pandemic
5.4.2020
‘The central bank of central banks’ is advocating for the development of CBDCs amid the coronavirus pandemic
Gold Investors Are Terrified Central Banks Might Dump Bullion During the Economic Crisis
3.4.2020
Despite what gold bug Peter Schiff says, economists are uncertain that gold will shine during the current coronavirus crisis. While gold and other precious metals have seen decent gains in the last few weeks, a few investors are terrified that central banks will use their flight-to-safety assets...
Brazilian Regulators Create DLT Platform for Screening Politicians
3.4.2020
Brazilian regulators are teaming up to use blockchain technology to streamline vetting processes for public officials and corporations
Revolut Fast-Tracks User-Wide Crypto Support Due to Global Economic Upset
3.4.2020
As the Fed ramps up quantitative easing, fintech giant Revolut is moving fast to offer all users cryptocurrency services
Blockchain Is Not a Panacea for Finance, Says Russian Bank Official
3.4.2020
The Central Bank of Russia's Deputy Governor Olga Skorobogatova said that blockchain proved to be far from the "universal solution" many claimed it would be
Brazilian Financial Regulators Will Vet Companies and Political Appointees on a Blockchain
2.4.2020
Brazil’s major financial regulators have unified their intelligence troves under a blockchain-backed sharing system called PIER
Russia Postpones Its Crypto Law Again, Now Blaming Coronavirus
31.3.2020
After facing multiple delays, Russia’s lawmakers again postpone pending major cryptocurrency law, now due to the coronavirus
Bank of France Launches Experiment Program on Central Bank Digital Currency
30.3.2020
France’s central bank officially announces a CBDC application program, inviting participants to submit their applications by May 2020
Egypt Limits Bank and ATM Withdrawals Citing Rampant Cash Outflow and Coronavirus Fears
30.3.2020
On Sunday, the Central Bank of Egypt (CBE) announced it had instructed financial institutions in the country to put withdrawal limits in place for cash. Regional reports disclose that Egyptian residents can only withdraw 10,000 Egyptian pounds ($640) and businesses can only withdraw 50,000 pounds...
French Central Bank Puts Out Call for Digital Currency Experiments
30.3.2020
France's central bank is calling for digital currency proposals with an experiment that moves it to the front of Europe's CBDC debate
While Some Hoard Dollar Bills, Others Envision Germy Cash’s Quick Demise
28.3.2020
Is a cash-based society sustainable in a pandemic? Hoarders say yes. Health experts say maybe. Visionaries say no: It’s a moment for systemic change
China and UK’s Planned Digital Currencies Appear to Have Little in Common
27.3.2020
Recent analysis shows that not all central bank digital currencies will be similar in their function or purpose
Is Now the Time to Invest in Bitcoin?
26.3.2020
Mati Greenspan and Michaël van de Poppe explain why now could be an opportune moment to invest in Bitcoin
National Digital Currencies: Not Yet Too Big to Fail
26.3.2020
What obstacles would national digital currencies face, and are there any benefits to launching them?
China Is Drafting Laws for the Circulation of National Digital Currency
26.3.2020
Amid the coronavirus pandemic, China’s central bank has reportedly completed the basic development of the nation’s central bank digital currency. The central bank is now drafting legislation for its circulation, according to local media. A number of patents have revealed what...