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Global Citizens Call For 'a Global Unit of Account,' Says Central Bank
10.12.2019
Central banks in the Eurozone are increasingly turning their attention to the matter of digital fiats as they hurry to meet the needs of citizens who are more and more reluctant to use conventional cross-border payment solutions. But could their Central Bank-issued Digital Currency (CBDC) drives...
China’s Central Bank Uses Blockchain to Issue $2.8B Worth of Financial Bonds
9.12.2019
China issued $2.8 billion in blockchain-based special financial bonds for small and micro enterprises
MARKETS DAILY: 2020 Could See First Central Bank Digital Currencies
9.12.2019
With today's markets mostly down, we’re talking bitcoin’s first golden cross in more than three years, "Central Bank Digital Currencies", and a behind the scenes look at troubled chat ICO Telegram, courtesy of the SEC
Lithuanian Central Bank Announces Blockchain Collector Coin
9.12.2019
Lithuania’s central bank announced that in 2020 it will release a blockchain-based collector coin
Regulatory Roundup: Bitcoin Futures Fund Approved, India’s RBI-Backed Digital Currency
9.12.2019
In this regulatory roundup, we cover the U.S. SEC approving a bitcoin futures fund, the new IRS tax form targeting crypto owners, and several more steps taken by the U.S. government toward crypto regulation. We also cover India’s central bank digital currency plan, South Korea’s crypto...
China’s Central Bank Likely to Pilot Digital Currency in Cities of Shenzhen and Suzhou: Report
9.12.2019
The People's Bank of China is said to be preparing to launch pilots for its digital currency in Shenzhen and Suzhou from the end of the year
China’s Central Bank to Lead Real-World Pilot of Digital Yuan: Report
9.12.2019
Several Chinese banks and economic participants will reportedly pilot the digital yuan in two cities
Bank for International Settlements Exec Shows New Fondness for CBDCs
6.12.2019
A long-skeptical exec at the Bank for International Settlements now says that CBDCs could open up new possibilities
Venture Capitalists Have Invested Over $200M in Stablecoins
6.12.2019
Does the world need more stablecoins? Yes according to VCs, who have thrown hundreds of millions of dollars at projects developing stable or low volatility digital assets. The $45 million committed in 2019 takes the past two years of VC investment to over $200M. Also read: RBI Governor Discusses...
Chinese Central Bank Issues USD 2.8m Worth of Blockchain Bonds
6.12.2019
Source: iStock/杨培培
The People’s Bank of China (PBoC) has issued some USD 2.8 billion worth of blockchain-issued financial bonds to small business loans in China.
Per reports from Xinhua and Naeil Shinmun, the central bank says that it used its “own independently developed blockchain bond issuance...
UAE Central Bank Says It Doesn’t Approve Private Cryptos; Could This Be A Threat to the Middle East?
6.12.2019
Cryptocurrencies have been one of the most polarizing concepts of the 21st Century, which have divided the world into two major fractions. First, who believe that Bitcoin is revolutionary, and is the future of global monetary systems. Second, who think that crypto is the threat of the sovereign...
ECB Nominee Blames Resistance to Negative Rates on Financial Illiteracy
5.12.2019
European Central Bank (ECB) executive board nominee and member of the German Council of Economic Experts, Isabel Schnabel, recently remarked at a European Parliament hearing that “This scapegoating [of the ECB] is extremely dangerous: it may damage the trust in the euro.” Schnabel...
Could Central Banks’ Digital Currency Projects Be Nothing But a Big Bluff?
5.12.2019
Contrary to the public statements, insiders at the European Central Bank (ECB) reportedly say the bank has no laboratory working on a digital euro and little intention to create one any time soon.
"Most of these comments [about the digital fiat] seem designed to jolt the private sector banks into...
RBI Governor Discusses Crypto and Central Bank Digital Currency
5.12.2019
The governor of the Reserve Bank of India (RBI), Shaktikanta Das, spoke about cryptocurrency during a press conference on Thursday. He also talked about the prospect of an RBI-issued digital currency, when the time will be right for issuing one, and his view on private digital currencies. Also...
The Fed’s Money Creation System Is Fueling One of the Biggest Heists in History
4.12.2019
Since mid-September, the Federal Reserve has injected three trillion U.S. dollars into the hands of private banks and Wall Street. Despite the fact that massive amounts of money was created out of thin air, the central bank still believes repurchase agreements (repos) are needed to tame...
France to Test Its Central Bank Digital Currency in Q1 2020: Official
4.12.2019
French central bank governor wants France to be the first country to issue a central bank digital currency
No Demand for a State Digital Currency in Japan: Central Bank Governor
4.12.2019
There is no public demand for a central bank digital currency in Japan, according to Bank of Japan Governor Haruhiko Kuroda
Sri Lanka’s Central Bank Calls for Blockchain-Based KYC Proposals
2.12.2019
Sri Lanka's Central Bank wants to use a blockchain system for local banks' "know-your-customer" protocols
South African Central Bank to Reportedly Introduce New Crypto Regulations
2.12.2019
The South African Reserve Bank will reportedly introduce new rules on cryptocurrencies to deter users from evading currency controls
Central Bank of Russia Plans to Support Ban on Cryptocurrency Payments
29.11.2019
Since their inception, cryptocurrencies have borne their share of critical ups and downs in the global economy. Where the digital currency arena is witnessing an inclination from the biggies of the industrial domain, there has been a sense of growing resistance from the regulatory authorities....