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Bank for International Settlements Calls CBDCs a Potential ‘Sea Change’
24.6.2020
The leading global central bank institution has published new research on central bank digital currencies, noting a major shift in their direction thanks to Libra as well as COVID-19
World’s Oldest Central Bank Reviews Possible Digital Currency With Mixed Results
24.6.2020
Sweden's Riksbank has looked into the viability of central bank digital currencies for its local market
WhatsApp Payments Suspended by Brazil’s Central Bank
24.6.2020
WhatsApp’s payment features have been suspended in Brazil less than one month after the Facebook-owned app rolled them out
In Banking First, ING Develops FATF-Friendly Protocol for Tracking Crypto Transfers
23.6.2020
ING Bank, Standard Chartered and others have developed a protocol to handle a new rule for crypto exchanges and firms dealing in digital assets
One Step Forward and One Step Back: Why Is Russia’s Crypto Regulation Treading Water?
23.6.2020
Some Russian regulators propose a blanket ban on digital asset trading, but the country is too far along the path of crypto adoption
New Zealand Police Seize $91 Million From Russian Bitcoin Exchange Operator
23.6.2020
Police in New Zealand confiscated NZ$140 million ($91 million) from Russian bitcoin exchange operator Alexander Vinnik. Vinnik is the alleged owner of the collapsed BTC-e exchange. The funds were seized from bank accounts held by Canton Business Corporation, a New Zealand-registered company...
Wirecard CEO Quits as Crypto Card Firm Reveals Missing $2.1 Billion Does Not Exist
22.6.2020
Wirecard chief executive officer quit as the crypto card payments firm revealed that the €1.9 billion ($2.1 billion) missing from its accounts may not exist. CEO Markus Braun resigned on June 19, after nearly 20 years at the helm. James Freis has been appointed interim chief executive,...
The Big Thing Holding Back India’s Crypto Boom
22.6.2020
India's crypto industry shows potential, but it continues to be held back by a lack of regulatory clarity, particularly around exchange-banking relationships
Digital Yuan’s Backend Development Complete, Says Chinese Official
22.6.2020
A former senior official of the People’s Bank of China said that the country has completed the backend architecture development of its digital currency
Thai Central Bank Taps Cement Company for First Digital Currency Payments
20.6.2020
The Bank of Thailand is integrating a CBDC payments system into the financials of the country’s oldest cement company in an extension of its Inthanon project
Cambodia Plots a Dollar-Free Future With Blockchain-Based Payments: White Paper
19.6.2020
Cambodia's central bankers are riding their hopes of de-dollarization on a national payments blockchain: Project Bakong
Singapore to Explore Central Bank Digital Currency With China
19.6.2020
Singapore’s central bank is looking to join forces with China in exploring central bank digital currencies
Bitcoin Whale Transfers $2.2 Billion Worth of BTC for Just $7
19.6.2020
Whale alert reports that a so-called whale has transferred the equivalent of $2.24 billion in bitcoin for less than $7. In a series of tweets on Friday, the crypto tracking tool said the bitcoin (BTC) whale sent a total of 241,500 BTC in seven successive transactions within one hour. Each...
Bank of Thailand Launches Digital Currency Pilot Project
19.6.2020
The Bank of Thailand launched a project to pilot test its CBDC payment system with the largest building material provider in the country
British Money Printer Goes BRRR: Bank to Buy USD 125bn of Bonds
18.6.2020
The Bank of England – the UK’s central bank – has sent its money printers into full BRRR mode, agreeing to essentially create USD 125 billion worth of pound sterling as the coronavirus pandemic continues to disrupt the British economy.
Per the BBC, the bank’s nine-member governing council voted...
US Fed Chair Says Private Entities Should Not Help Design Central Bank Digital Currencies
17.6.2020
Federal Reserve Chairman Jerome Powell said he believes central banks would have to design and implement CBDCs, not private entities
New Head of US Bank Regulator Talks Bringing Crypto to DC With Cointelegraph
17.6.2020
New acting head of U.S. bank regulator talks about innovation expands financial inclusion and the government’s role in building frameworks for crypto
Colombian Government and WEF Weigh Public Ethereum in Bid to Fight Corruption
17.6.2020
The World Economic Forum (WEF) is working with the Colombian government to see if blockchain-based transparency can help prevent a hotspot for corruption
Limitless Bailouts: US Federal Reserve Announces Billion-Dollar Corporate Bond Purchase Program
16.6.2020
During the last three months, the U.S. Federal Reserve has created a system of monetary avarice, as the central bank can literally do whatever it wants with zero oversight. The American public recently witnessed the Fed’s announcement on Monday, which explained the central bank will be buying...
Canada’s Central Bank Is Serious About Designing a CBDC, Job Posting Reveals
16.6.2020
The Bank of Canada is preparing to design its own central bank digital currency (CDBC), detailing its plans in a new job posting