Search
Financial Institutions Use Stablecoins to Shake Things Up in 2020
26.1.2020
2020 has kicked off with a lot of excitement and announcements around stablecoins. Will these top institutions and companies lead the front towards a stablecoin-ruled world
Cryptocurrency News From Japan: Jan. 20–24 in Review
26.1.2020
This week’s news from Japan includes digital currency interest from several central banks and authorities, cryptocurrency exchange Binance and more
ECB Keeps Subzero Interest Rates and Open-Ended QE Worth €20B a Month But Launches Policy Review
24.1.2020
The European Central Bank (ECB) has launched an extensive review that will examine a wide range of its policies by the end of this year. Under its new president, Christine Lagarde, the bank will try to establish why its monetary stimulus has failed to achieve the Eurozone’s goal of close...
Trump ‘Loves’ Negative Rates and ‘Could Get Used to’ Them, Criticizes Fed at World Economic Forum, China Trade Deal
24.1.2020
U.S. President Donald Trump spoke at the World Economic Forum in Davos, Switzerland Tuesday saying the U.S. and other nations are “forced to compete … with nations that are getting negative rates, something very new.” Trump took direct shots at the U.S. Federal Reserve, claiming...
WEF Unveils Global Governance Consortium for Digital Currencies
24.1.2020
The WEF has unveiled a new consortium devoted to designing a global governance framework for digital currencies
Week Two of RBI Vs. Crypto at the Supreme Court of India
24.1.2020
The historic case brought against the Reserve Bank of India’s ban on banks’ dealings with cryptocurrency businesses resumed this week at the country’s Supreme Court
Panic Withdrawals at Indian Bank Over Alarming KYC Notice
24.1.2020
Hundreds of customers went on a withdrawal spree after an Indian bank announced its revised KYC requirements. The bank’s action followed the decision by the Reserve Bank of India (RBI) to include the National Population Register letter as a valid KYC document for opening bank accounts....
Japanese Officials Are Working on a Digital Currency
24.1.2020
In an unexpected turn of events, Japanese lawmakers are set to propose a digital yen
MIT Research Group Calls Crypto a Testing Ground for a Central Bank Digital Asset
23.1.2020
The crypto space is a test tube of experimentation which may pave the way for a digital fiat asset, MIT’s crypto research group said
Facebook and Calibra’s David Marcus: The Problem of Global Unbanked Is “Unacceptable”
23.1.2020
Calibra’s David Marcus explained at WEF what is the primary purpose of digital currencies
World Economic Forum Debuts Framework for Central Bank Digital Currency
23.1.2020
The World Economic Forum together with major central banks and financial institutions has released a toolkit for policymakers regarding central bank digital currencies
The Unstoppable Trajectory: Stablecoins Are Evolving Traditional Finances
23.1.2020
Neither fiat nor crypto, but a mixture of both: What are the stablecoins really for?
India Central Bank Says It Hasn’t Banned Crypto
22.1.2020
The Reserve Bank of India (RBI) says it has not banned cryptocurrency usage — only the regulated avenues leading to it
Hong Kong and Thailand Pilot DLT-Based Project for Cross-Border Payments
22.1.2020
Hong Kong and Thailand’s central banks have piloted a Corda-based CBDC project for cross-border payments
Crypto vs RBI: Exchange Counsel and RBI Take Center Stage at Supreme Court Today
22.1.2020
India’s supreme court spent all day on Wednesday hearing extensive arguments from both the counsel representing crypto exchanges and the central bank, the Reserve Bank of India (RBI). The counsel for the central bank confirmed again that cryptocurrency is not banned in India, but still...
6 Central Banks Form Digital Currency Use Case Working Group
21.1.2020
The working group will pool research into CBDCs
RBI Confirms Crypto Not Banned in India
21.1.2020
The Reserve Bank of India (RBI) has confirmed that cryptocurrency is not banned in India. During the latest supreme court hearing of the crypto case, the central bank’s reply to the Internet and Mobile Association of India was read out in detail. The RBI clarified that it only fenced in...
Six Major Central Banks to Collaborate on Digital Currency Research
21.1.2020
The central banks of Canada, the United Kingdom, Japan, European Union, Sweden and Switzerland and the Bank for International Settlements created a CBDC research group
India’s Central Bank Explains Why It Blocked Banks From Using Cryptos in Court Filing
21.1.2020
The Reserve Bank of India has said in a court filing that it had "ringfenced" financial institutions from dealing with digital assets over perceived risks, but hadn't banned cryptos
Lithuania Central Bank: Limited Edition Digital Coin Ready for Launch
20.1.2020
The reverse of the coin. The Bank of Lithuania, the country’s central bank, has approved a sample of the LBCoin, a token that it claims will be the world’s first blockchain-powered digital commemorative coin. The bank says the token will be issued in spring this year.
The coin is made of silver...