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Liquidity Crisis: The Fed Is Sending Billions of Emergency Dollars to USD-Dependent Nations
24.4.2020
Since the start of the coronavirus outbreak, the U.S. Federal Reserve has created trillions of dollars in order to keep the central bank’s private partners’ liquidity strong during the economic downturn. These moves have caused a number of sound money advocates and economists to explain...
Starbucks and McDonald's Rumored to Be Testing China's Digital Currency
23.4.2020
Starbucks and McDonald’s shops in Xiong’an will reportedly support payments with China’s digital yuan
Argentina's Banks Set to Use RSK Blockchain Technology for Tracking Payments
22.4.2020
RSK enters the enterprise blockchain field by collaborating with major Argentinian banks
Central Bank Says CBDC Could Learn From Bitcoin, Rejects Decentralization
22.4.2020
The move from fiat currencies to new central bank digital currencies appears to be gaining traction, as one of Europe’s biggest central banks admitted that (unspecified) parts of Bitcoin’s underlying technology could be used in creating a new type of currency.
The paper, which was written by...
Dutch Central Bank ‘Ready to Play a Leading Role’ with Digital Euro
22.4.2020
A De Nederlandsche Bank report says a central bank digital currency would solve issues such as the decline in the use of cash during the pandemic
Consensys Cuts Hundreds of Jobs This Year – About 25% of Its Staff Slashed
22.4.2020
Ethereum-based company Consensys has cut hundreds of jobs since January. In its latest action, the US-based blockchain development team confirmed it will slash more than 90 jobs – or 14% of its workforce – citing the global impact of Covid-19. The decision comes after a virtual town...
Dutch Central Bank Wants to Be European Union’s CBDC Proving Ground
21.4.2020
The Dutch Central Bank is making a bid to become the European Union’s proving ground for a central bank digital currency
Central Bank of Argentina Tests Blockchain-powered System + More News
21.4.2020
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 Central Bank of Argentina has started promoting a proof of concept based on blockchain. According to the emailed...
Argentina’s Central Bank Trials Blockchain for New Interbank Settlement Layer
21.4.2020
The trial for a faster, more transparent clearing system involves some of the country's largest banks
Just a Test: China Central Bank Confirms Digital Yuan Mobile App Trials
20.4.2020
China’s central bank confirmed it will be testing a mobile app for the digital yuan in four cities, with a fifth in the works, and emphasized it’s a test
America’s Banks Can Simply Bail Themselves Out – Thanks to the Fed’s $27 Trillion Blackrock Deal
20.4.2020
Mainstream media has been awfully quiet about all the fraud and manipulation stemming from the global bureaucracies’ newly enacted covid-19 reaction policies. In the U.S. amid all the commotion and fear, the Federal Reserve granted special powers to the giant private equity firm Blackrock....
Chinese Central Bank Makes it Official: Digital Fiat Tests to Begin
20.4.2020
The Chinese central bank, the People’s Bank of China (PBoC), has officially confirmed a number of digital currency testing reports – and has indicated that testing will soon begin in the country’s capital, Beijing.
The PBoC has also rushed to insist that a digital yuan rollout will not spark...
The Digital Yuan Is Being Tested for a Workers’ Subsidies Scheme in Suzhou
16.4.2020
Official media has confirmed that the digital yuan is being tested as part of a transport subsidies scheme for local workers
China’s Digital Yuan Reportedly to Test in Four Cities
15.4.2020
A testing app for China’s forthcoming central bank digital currency appears to be ready for download in four cities
Libra Stablecoin is Still a Major Threat to Bitcoin: Economist
15.4.2020
Will Facebook’s Libra stablecoin emerge as Bitcoin’s strongest competitor? Economist John Vaz believes so
Inside China’s Plan to Power Global Blockchain Adoption
14.4.2020
China is about to launch its national blockchain platform, part of Beijing’s grand strategy to lead the digital transformation of the world economy
Chinese State-Owned Bank Offers Test Interface for PBoC Central Bank Digital Currency
14.4.2020
The Agricultural Bank of China has rolled out an internal test interface for the nation's central bank digital currency, allowing whitelisted users to register and trialing certain functions
Chinese Gov’t Sets Up a Committee for Blockchain and DLT Standards
14.4.2020
China is aiming to form national standards for blockchain and DLT with help from a new technical committee
ECB Expects Worse Recession in Europe Than Global Economy
14.4.2020
The European Central Bank (ECB) expects the European economy to suffer a more severe recession than the global economy. Countries across the euro area will experience “a deep recession,” which entails unprecedented funding needs of more than €1 trillion ($1.1 trillion), explained...
Spain’s Lawmakers Plan to Provide Basic Income to Low-Income Residents
12.4.2020
Spain is preparing to provide universal basic income (UBI) to low-income individuals due to the wrath of the coronavirus, the country’s minister for economic affairs Nadia Calviño recently explained. There’s no set date yet for the UBI program, but Spain’s officials said they...