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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

Tokensoft Teams With Signature Bank to Launch Real Estate Security Token Platform

16.6.2020
Tokensoft has partnered with New York-based Signature Bank in a bid to make security tokens click for real estate investors

Samsung-Backed Blocko to Build Blockchain-Based Credit System for Arab Bank

16.6.2020
The Islamic Development Bank’s research organization has partnered with Blocko to build a blockchain credit management system

5 Chinese Banks Say Legal Crypto Traders’ Accounts Will Not Be Frozen as Police Widen Crackdown

15.6.2020
Following reports that Chinese authorities are freezing bank accounts of cryptocurrency traders, five banks have reportedly clarified their policies. They confirmed that accounts with legal crypto transactions will not be frozen. However, some people claim that their accounts have been frozen...