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China Drafts Law to Legalize Digital Yuan, Outlawing Competitors
24.10.2020
China’s central bank, the People’s Bank of China (PBOC), has drafted a law to legalize the digital yuan and outlaw digital currencies issued by anyone else competing with it. Meanwhile, the central bank has been cracking down on gambling sites that use the stablecoin tether. China...
Fintech Connect Unveils Its 2020 Agenda Featuring Speakers From Starling Bank, Tide, Facebook, Pinterest & HSBC
24.10.2020
Agenda for the UK’s largest fintech show includes sessions from more than 100 fintech heavyweights across four virtual conference streams LONDON, UK—October 15, 2020: FinTech Connect, the trade show that connects the global fintech ecosystem, today revealed the agenda for its 2020 virtual event...
Prepping for Next Year’s Travel Rule: 25 US Crypto Service Providers Publish Compliance Solutions Paper
24.10.2020
A great number of cryptocurrency businesses are preparing for the upcoming Financial Action Task Force (FATF) rules toward cryptocurrencies, specifically the Travel Rule. This month 25 Virtual Asset Service Providers (VASPs) published a paper that outlines how American-based VASPs aim to comply...
US AML watchdog wants info on all international crypto transactions over $250
23.10.2020
The proposed change would cut down FinCEN's longstanding $3,000 threshold
Digital ruble must ensure privacy, not anonymity: Russia’s central bank
23.10.2020
Russia’s digital ruble will not have the same level of anonymity as cash, says official
Proposed Chinese Law Outlaws All Yuan-Pegged Tokens – Except for Its CBDC
23.10.2020
The new version will essentially also clear the way for the digital yuan to be the one and only official yuan-pegged token in mainland China
Digital Ruble ‘Promising,’ Pilot Likely in 2021, Says Bank of Russia Chief
23.10.2020
The Bank of Russia might launch its own CBDC, a digital ruble, after piloting the project at the end of next year, its chairwoman said
Russia doesn’t need to be first with a digital currency, says state expert
23.10.2020
Russia is purportedly taking a fast-second strategy for the digital ruble
Philippines Central Bank Governor: No Digital Peso Before 2023
22.10.2020
The central bank won’t pursue a CBDC for the duration of Governor Benjamin Diokno's term, which ends in 2023
‘Bitcoin’s No Longer Optional’ — What Investors Say About Paypal Launching Crypto Services
22.10.2020
Paypal launching cryptocurrency services has given crypto investors much to think about. While many crypto users view the news as extremely bullish, some point out several areas of concern bitcoin investors should be aware of. ‘Every Major Bank Is Having a Meeting About How To Support...
Philippines' central bank isn’t ready to pull the trigger on a CBDC
22.10.2020
The central bank wants to learn from private-sector digital currencies — but still believes they are inferior to central bank money
Raiffeisen Bank Bringing Blockchain Interoperability to Its Stablecoin Project
22.10.2020
Raiffeisen's stablecoin project is becoming blockchain-agnostic, adding interoperability tech from Bitpanda and the Technical University of Vienna
Central bank digital currency could 'threaten' Bitcoin says CZ
22.10.2020
Binance boss Changpeng Zhao aired his views on CBDCs adding that Bitcoin could be under threat if a more advanced currency was launched
CBDC as a store of value threatens financial system, says German official
21.10.2020
The German central bank is considering alternatives to CBDC as a digital payment solutions
Central Bank of Bahamas Launches Landmark ‘Sand Dollar’ Digital Currency
21.10.2020
The Bahamas has officially launched the world's first national digital currency, the sand dollar
BlockShow returns as partner to Singapore central bank’s fintech event
21.10.2020
BlockShow has partnered with the Monetary Authority of Singapore to curate blockchain discussions for its five-day fintech conference
Brazil is prepping an IPO for its state-run digital bank
20.10.2020
Brazilian Minister defends IPO of federal digital bank created to aid population during pandemic
Crypto-Friendly Signature Bank Raked In $4B in Deposits in Q3 2020
20.10.2020
Deposits at crypto-friendly Signature Bank grew by $4.11 billion, an 8% increase, in the third quarter of 2020
New Zealand has no imminent plans to issue CBDC, says central bank exec
20.10.2020
Important questions about CBDCs remain unanswered for the Kiwi's central bank
Digital Ruble: Russia Unveils Plans to Test Central Bank Digital Currency
20.10.2020
As China is actively testing its digital yuan, Russia is now planning to build and test a central bank digital currency, the digital ruble. Meanwhile, the Bank of Russia has proposed limiting the amount of bitcoin retail investors can buy. Russia’s Central Bank Plans Digital Ruble The central...