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Fed Governor Says ‘Blockchain Is Totally Overrated,’ Claims Crypto Is ‘Just Electronic Gold’
26.3.2022
The American economist and member of the Federal Reserve Board of Governors, Christopher Waller, believes blockchain technology is “totally overrated,” even though the U.S. central bank “put a lot of resources into understanding digital currencies and the blockchain.”...
The Prospects, Possibilities, and Dangers of CBDCs
25.3.2022
Suren Ayriyan is the Managing Partner and CEO at TEMPO Payments, a digital money transfer company.
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Today, 15 countries – including China, Saudi Arabia, and South Africa – are testing their own centralized digital currencies: Central Bank Digital Currencies (CBDCs). Another...
BIS joint pilot: Institutions can use CBDCs for international settlements
22.3.2022
The experimental CBDC platform proved that the design approaches used to address three major issues: access, jurisdictional boundaries, and governance were effective
Qatar Central Bank Studying Digital Banks and CBDCs
18.3.2022
Qatar Central Bank is presently examining the possibility of issuing a digital currency as well as digital bank licensing, an official has said. The official adds this study will help the central bank get an understanding of what its area of focus should be. The Growing Significance of CBDC...
Russia Sanctions May Lead More Countries To Consider CBDCs, Ex-Central Banker Says
16.3.2022
Sanctions imposed on Russia as a result of its war in Ukraine could lead more countries to consider digital versions of their own currencies – known as central bank digital currencies (CBDCs) – as a counterweight to the dominant role of the US dollar, a former Bank of Japan (BOJ) executive...
Bitcoin well positioned to help governments create cheaper CBDCs: Deloitte
15.3.2022
Deloitte analysis shows how Bitcoin can help traditional fiat currency improve drastically in terms of speed, security, efficiency, cross-border payments
CBDCs will not impact private stablecoin market, says Tether CTO
10.3.2022
Tether CTO Paolo Ardoino claimed CBDCs would primarily replace the old-age payment systems and utilize private blockchain as a modern and cost-controlled tech infrastructure
Former CFTC Chair Giancarlo on Russian Sanctions, CBDCs and Dollar Hegemony
25.2.2022
If the U.S. doesn’t move on a digital dollar, it can lose its technological and financial edge, “Crypto Dad” told CoinDesk TV
Fed's Lael Brainard hints at US playing a lead role in development of CBDCs
18.2.2022
“A U.S. CBDC may be one ... way to ensure that people ... can ... rely on ... U.S. currency to ... conduct business," said Brainard
Biden expected to issue executive order on crypto and CBDCs next week: Report
18.2.2022
Both President Barack Obama and the previous administration issued executive orders related to digital assets
Bahrain Central Bank Completes Cross-Border Transfer Test Using JPMorgan Blockchain
14.2.2022
The Central Bank of Bahrain (CBB), working in partnership with Bank ABC, recently announced it had successfully tested the transfer of funds across borders using JPMorgan’s JPM Coin. The test fulfills the central bank’s goal of creating safe and efficient settlement solutions...
IMF: Crypto Is No Match for Well-Designed Central Bank Digital Currencies
14.2.2022
The managing director of the International Monetary Fund (IMF), Kristalina Georgieva, says that crypto assets and stablecoins are no match for well-designed central bank digital currencies (CBDCs). “If CBDCs are designed prudently, they can potentially offer more resilience, more safety...
Apple Taps to Pay, IMF on CBDCs, Political Coinbase, Compute North Raises USD 385M + More News
9.2.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Apple Taps to Pay, IMF on CBDCs, Political Coinbase, Compute North Raises USD 385M + More News
CBDCs and stablecoins: EY advises banks to ‘prepare for what's coming’
17.1.2022
A new report from EY highlights the need for a policy change for banks to overcome business uncertainties regarding digital assets
CBDCs in 2022: New Trials and Competition with Crypto
8.1.2022
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Central bank digital currencies (CBDCs) were one of the biggest stories of 2021 as far as blockchain and cryptocurrencies were concerned, even if CBDCs don’t necessarily have anything to do with either blockchain or decentralized cryptocurrencies. Because for each new all-time high...
Mexico confirms plans to roll out CBDCs in 2024
30.12.2021
New technologies and a next-generation payment infrastructure would help Mexico become more financially inclusive
Cointelegraph Editor-in-Chief Kristina Cornèr talks digital currencies with Mastercard at Global Impact Week
15.12.2021
Mastercard is taking a slow but steady approach to bridging the realm of fiat and cryptocurrencies
From NFTs to CBDCs, crypto must tackle compliance before regulators do
11.12.2021
Crypto industry leaders need to self-regulate before inadequate public officials decide to take on the task themselves
Prosecutor General’s Office Wants to See ‘Cryptocurrency’ in Russian Law
10.12.2021
The Prosecutor General’s Office of the Russian Federation has insisted that the term “cryptocurrency” should be added to the country’s legislation. The move would allow authorities in Moscow to confiscate digital assets that have been involved in criminal activities....
Central Banks of France, Switzerland and BIS Complete Cross-Border CBDC Trial
9.12.2021
Bank of France, the Swiss National Bank (SNB), and the Bank for International Settlements have successfully tested the application of wholesale central bank digital currency in cross-border payments. The project used distributed ledger technology and was realized with help from private firms....