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Though centralized, a digital yuan is too big for China to surveil, says Cypherium CEO
3.12.2020
Despite ambitions of overtaking the dollar, China's central bank will have a hard time monitoring all the transactions involved in a CBDC, though commercial banks might lend a hand
Swiss Wholesale CBDC Trial Shows ‘Feasibility’ for Central Bank Money on Distributed Ledger, BIS Says
3.12.2020
A Swiss experiment on how central bank money can be linked to markets built on distributed ledger technology (DLT) yielded positive results
Stripe will offer bank accounts, with help from Goldman Sachs and Citi
3.12.2020
But only for vendors, so retail users will have to wait
Private German Bank to Launch Cryptocurrency Fund
3.12.2020
Hauck & Aufhauser is launching a cryptocurrency fund in January 2021
Canada could launch CBDC sooner than expected, central bank exec says
3.12.2020
COVID-19 could force the Bank of Canada to launch a CBDC sooner than previously expected
US Lawmakers Introduce Bill That Would Require Stablecoin Issuers to Obtain Bank Charters
2.12.2020
Rep. Rashida Tlaib, Rep. Stephen Lynch and Rep. Jesus Chuy Garcia have introduced a bill that would require stablecoin issuers to secure bank charters and either obtain FDIC insurance or maintain full reserves to operate in the U.S
Russian central bank opposes ruble-pegged stablecoins
2.12.2020
Russia wants to follow China’s approach of banning private stablecoins pegged to its national fiat currency
Russia’s Biggest Bank Sberbank Unveils Crypto Plans to Follow Upcoming Regulation
2.12.2020
The largest bank in Russia, the state-owned Sberbank, has reportedly unveiled its crypto plans as the country is set to begin regulating the industry in January. Sberbank’s CEO says the bank may issue its own cryptocurrency in collaboration with JPMorgan. Sberbank’s Crypto Plans...
Ruble or Rubble? Russian Institutions Have Concerns About Proposed CBDC
1.12.2020
Russian banks and financial brokers are worried the digital ruble will be a burden for them
Russia’s Alfa-Bank offers blockchain platform for freelancers
1.12.2020
Tutors, taxi drivers and repairmen will be able to take advantage of Alfa-Bank's blockchain-based services
ECB Chief Christine Lagarde Downplays Bitcoin’s Risks to Financial Stability, Troubled by Stablecoins
1.12.2020
ECB President Christine Lagarde downplays any risks bitcoin and other cryptocurrencies could pose to financial stability and monetary sovereignty. In contrast, she sees stablecoins, such as Facebook-backed libra, as posing “serious risks.” Christine Lagarde, Bitcoin,...
Russia's Sberbank plans release of its own crypto token, the 'Sbercoin'
30.11.2020
With new legislation on digital assets coming into effect in a month, Russian financial institutions are looking to act
Stablecoins ‘Pose Serious Risks’ to Financial Security, ECB’s Lagarde Says
30.11.2020
Stablecoins could "threaten financial security" if widely adopted, the ECB head said in a magazine interview
European central bankers predict that the digital euro is at least five years away
30.11.2020
Nobody seems to be in a rush to digitize the euro, but that could change given increasing global competition
Law Decoded: Cents and stability, Nov. 20–27
27.11.2020
Stablecoins and CBDCs and their related issues of privacy and surveillance lead this week's Law Decoded
Bank of Russia Fields Banking Industry Concerns Over Digital Ruble Proposal
27.11.2020
Russian banks fear being left out of the central bank's proposed digital currency system, according to a report
Moneta Monety Bank chystá nové internetové bankovnictví. Už nebude závislé na SMS
27.11.2020
Moneta po dlouhých letech změní internetové bankovnictví. To současné s lehkými změnami používá již od roku 2007, kdy se ještě jmenovala GE Money Bank. Nové, které začne brzy veřejně testovat, nenechá kámen na kameni.
První změnou bude již samotné přihlašování. Doposud se zadat jméno, heslo a
Former Microsoft Engineer Says Nigerian Expatriates Are Using Bitcoin to Circumvent Country’s Overvalued Exchange Rate
26.11.2020
A former Microsoft software engineer and co-founder of Buycoins Africa Tomiwa Lasebikan says some Nigerians expatriates are now using bitcoin to circumvent the country’s overvalued exchange rate when sending remittances. According to Lasebikan, the Central Bank of Nigeria (CBN)’s fixed...
Swiss Digital Asset Bank Sygnum Launches Blockchain Alternative to Stock Exchanges
26.11.2020
The Swiss-licensed firm has launched a tokenization service and a trading platform, offering, it says, real-time settlement
South Korea’s Banking Giant to Co-create ‘Crypto Bank’ for Exchanges
26.11.2020
South Korean banks are rapidly stepping up their crypto game, with Kookmin (KB), one of the biggest commercial banks in the country, co-creating a “digital asset management company” with a number of the nation’s leading blockchain players that will safeguard the bitcoin (BTC) holdings of corporate...