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WEF Launches Global Consortium for Crypto Governance
26.1.2020
The WEF is creating a global consortium to develop a governance framework for cryptocurrencies, including stablecoins
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
Iran Issues More Than 1,000 Cryptocurrency Mining Licenses
25.1.2020
The Iranian government has reportedly issued more than 1,000 licenses for cryptocurrency mining since it began regulating the industry. A number of large mining farms have set up in the country, but high electricity tariffs have kept many small investors away. Also read: Regulatory Roundup —...
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...
Davos Experts: Central Banks Focus on Crypto Due to Fear of Exclusion
24.1.2020
Impressions from the World Economic Forum Annual Meeting 2020 in Davos-Klosters, Switzerland, 24 January. European Commission executives have conceded that there is a pressing need for digital alternatives to conventional currency – but continue to condemn cryptocurrencies as “highly...
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
10% of Central Banks Surveyed Close to Issuing Digital Currencies: BIS
24.1.2020
A fifth of the world's population may well have access to a central bank digital currency in as little as three years, according to a BIS survey
10% of Central Banks Surveyed Close to Issuing Digital Currencies: BIS
24.1.2020
A fifth of the world's population may well have access to a central bank digital currency in as little as three years, according to a BIS survey
10% of Central Banks Surveyed Close to Issuing Digital Currencies: BIS
24.1.2020
A fifth of the world's population may well have access to a central bank digital currency in as little as three years, according to a BIS survey
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
What Is the Ideal Block Size and Fee Cost?
24.1.2020
Many of the debates around block size in Bitcoin operate under the false premise that the question can even be properly answered by a central authority. But markets are better at deciding these questions and block sizes and fee costs should be worked out by miners and users, not development...
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
A Step-by-step Guide for Central Bankers to Launch CBDC
23.1.2020
Thinkers at the World Economic Forum (WEF) have drafted what they call a Central Bank Digital Currency (CBDC) “walkthrough” for bankers and governments looking to launch digital fiats in the near future.
The walkthrough takes the form of a 28-page “toolkit” document, available for download...
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
Regulatory Roundup: New US Crypto Tax Bill, Central Banks Join Forces on Digital Currencies
23.1.2020
In this roundup, we cover an exceptionally busy week for crypto regulations around the globe. We start our coverage with the U.S. Virtual Currency Tax Fairness Act of 2020, actions by the SEC, Ripple’s lawsuit, India’s supreme court hearings, Australia green-lighting a bitcoin retail...