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Money Reimagined: Designer Money for a Machine-Run Post-COVID World
22.5.2020
The pandemic is likely to accelerate a shift to automation, putting people out of work and raising the need for new types of money
Token Impersonates Chinese Digital Yuan as Official Launch Date Remains Unknown
22.5.2020
Third-party actors step in to impersonate the digital yuan officials, hoping to attract gullible investors
Global Central Banking Think Tank Launches Digital Monetary Institute
22.5.2020
A global think tank for central banking, OMFIF, has announced the launch of its Digital Money Institute, aimed at bridging the gap between digital currency and traditional banking
Digital Currencies Could Threaten US Geopolitical Power, Warns JPMorgan
22.5.2020
“There is no country with more to lose from the disruptive potential of digital currency than the United States,” say analysts at JPMorgan Chase & Co
Myanmar Central Bank Claims Crypto is Banned, Users Disagree
22.5.2020
Myanmar’s central bank claims crypto traders can be fined or imprisoned, but there are doubts about whether legislation backs this up
Chinese Government Advisers Propose Regional Stablecoin for 4 Asian Countries
21.5.2020
The stablecoin would help facilitate trade among four Asian countries, which is key to economic recovery in the region after coronavirus, proponents said
Former Coinbase Lawyer Becomes Head of Major US Bank Regulator Next Week
21.5.2020
Brooks steps up to run the office after only seven weeks as deputy at the Office of the Comptroller of the Currency
Bitcoin Drops Over 3% Despite Golden Cross and Bank Calls for More US Stimulus
21.5.2020
Bitcoin is struggling to gather upside traction despite positive developments on the macro and technical fronts
Digital Euro Sees First Successful Test at the Bank of France
20.5.2020
The French central bank has announced the first successful test of a digital euro
A Former Coinbase Lawyer Is About to Become Acting Head of US Bank Regulator
20.5.2020
Brian Brooks, a former Coinbase lawyer and the No. 2 at a U.S. banking regulator, may soon take the top job – at least, temporarily
Smoke and Mirrors as Mainstream Banks Discourage Clients From Crypto
19.5.2020
A data-based approach to cryptocurrency investment shows promise, so why are investment advisors at top firms still pushing clients away?
Largest Private Investment Bank in Latin America Issues Real Estate Tokens on Tezos
19.5.2020
Banco BTG Pactual, the largest private investment bank in Latin America is moving some of its real estate-backed security tokens over to the Tezos blockchain
Advances in Blockchain Drives Banks Toward Digital Currencies, Says Bank of Korea
19.5.2020
Advances in payment settlements and decentralized ledger technology are driving central banks to consider digital currencies, according to a recent Bank of Korea report
From Buenos Aires to Beirut – Covid-19 Excuse Restricts Millions of Citizens from Withdrawing Their Own Money
18.5.2020
The coronavirus and the government-induced lockdowns have wreaked havoc on the global economy and millions of people can’t access their own money. Reports from financial stricken areas like Venezuela, Argentina, and Lebanon show that citizens are being stopped from accessing their...
Austrian Bank Raiffeisen Works on National Digital Currency Pilot
18.5.2020
Raiffeisen Bank International is extending collaboration with Polish-British fintech Billon for a new form of blockchain-based national currency tokenization
From Cash to Crypto: COVID-19 Is Changing the Way the World Sees Money
18.5.2020
Emerging technologies such as blockchain are driving the world to digitized finances in an effort to fight the coronavirus pandemic
China’s Top Digital Bank to Foster DLT Innovation in Singapore’s Universities
18.5.2020
Top Chinese digital bank WeBank is partnering with OpenNodes to drive blockchain innovation among Singaporean universities
Central Banks Uninterested in Digital Currency for Consumers, Says Visa Exec
18.5.2020
Digital currency solutions that directly face consumers will not be taken seriously by central banks, according to a Visa executive
South Korean Central Bank Steps up CBDC Work ‘in Response to COVID-19’
18.5.2020
The South Korean central bank has sped up its digital currency issuance progress, per a new report, with officials to begin a tech review several months ahead of schedule.
According to Chosun, the central Bank of Korea (BOK) says it has conducted a study of the technological advances required...
Germany Enters Recession as Over 100 Banks Charge Negative Interest Rates
18.5.2020
Germany has plunged into a recession with the worst quarterly contraction since the global financial and economic crisis of 2008, according to official data. Over 100 banks in the country are now charging customers negative interest rates. Germany Enters Recession The German economy is now in...