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US Fed Is Exploring Potential for Digital Currency, Says Board Member

6.2.2020
Fed board member Lael Brainard says the institution must remain on the frontier of central bank digital currency research and policy development

Major Central Banks to Discuss Digital Currencies Amid IMF Conference

6.2.2020
Six major central banks will reportedly discuss digital currencies in April during an International Monetary Fund conference

Wendy McElroy: The Narrative and Philosophy of Cryptocurrency

5.2.2020
“The central banks of Britain, Japan, the euro zone, Sweden and Switzerland have grouped up to assess potential use cases for digital currencies. Talk of such currencies gained momentum after Facebook announced plans last year to introduce a cryptocurrency called libra,” – CNBC....

China Stocks Plummet Despite 1.2 Trillion Yuan Injection to Mitigate Effects of Epidemic

3.2.2020
China’s stock market plunged Monday under selling pressure accumulated during a prolonged holiday. Investors have been worried by the coronavirus outbreak that’s already taken the lives of more than 360 people. Beijing authorities have responded by pumping well over a trillion yuan into...

Singapore: Digitized Securities Exchange Gets Regulator’s Go-Ahead

3.2.2020
Singapore’s central bank and regulator MAS has licensed capital markets blockchain platform iSTOX to operate in the city-state

China Worries Driving South Korean Central Bank to CBDC Research

3.2.2020
The South Korean central bank is launching a second central bank digital currency (CBDC) team – a year after disbanding its first group of CBDC researchers. The central Bank of Korea (BOK) announced its intentions to launch the new unit, which it says will conduct CBDC-related research, in what...

Cambodia Announces Own Cryptocurrency as More Details Surface About China’s Digital Yuan

3.2.2020
With China still in the lead, other countries are advancing their projects to develop payment systems around central bank digital currencies (CBDCs). Cambodia, for example, has recently revealed it will mint its own coin within months. The news comes as more details about the digital Chinese yuan...

Crypto Exchange Zebpay Reopens in India Despite Banking Ban

31.1.2020
Singapore’s Zebpay crypto trading platform reopens to Indian customers despite central bank crypto ban

Hierarchies of Money: Why You Use Bank Money But the Bank Wants Reserve Currency

31.1.2020
While people tend to think of money as being all the same, the fact is governments and banks use different types of money than the everyday individual. From the top of the economic pyramid of world reserve currencies, down through central bank and commercial bank money, the capacities and function...

Crypto Exchange Zebpay Announces Relaunch in India Ahead of Supreme Court Decision on RBI Ban

30.1.2020
Zebpay is returning to India more than a year after closing down local crypto exchange operations due to the banking ban imposed by the central bank, the Reserve Bank of India (RBI). Under a new leadership team, the exchange has also revealed a number of upcoming new services, including...

Bank of Japan Must Be Ready to Issue Digital Currency, Says Exec

30.1.2020
The Bank of Japan must be ready to respond to technical developments and public sentiment about central bank digital currencies, its deputy governor says

Japan Must Be Ready if Demand for Digital Yen ‘Soars’: Central Bank Official

30.1.2020
Japan needs to keep researching a central bank digital currency, even if it won't launch one just yet, accord to the Bank of Japan's deputy governor

India Unveils National Blockchain Strategy, Calling on RBI to Issue Digital Currency

29.1.2020
India’s National Strategy on Blockchain has been published. It recommends, among other things, for the Reserve Bank of India (RBI) to issue a central bank digital currency. The Ministry of Electronics and Information Technology tasked the National Institute for Smart Government with drafting...

Australia Discards the Idea of Central Bank Cryptocurrency

28.1.2020
Ever since cryptocurrencies started getting international traction, more and more countries began to consider its technological and innovational potential. Some even started to wonder what benefits they could bring to more regulated systems. The talk of creating a central bank cryptocurrency...