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Two Versions of Digital Dollar Emerge as Contenders, but Unlikely to Come Soon

8.4.2020
The digital dollar may become a reality soon, but there are two different ways to bring it about. Which one will prevail, and how soon will it be?

[aktualita] Hygienici ještě nezačali pro chytrou karanténu využívat data operátorů či bank

8.4.2020
Zavádění technologické části tzv. chytré karantény, která má sloužit k dohledávání potenciálně nakažených lidí, vázne. Hygienici zatím nezačali tzv. vzpomínkové mapy s daty od operátorů či bank využívat. Podle tvůrců řešení ze sdružení COVID19CZ se hygienici raději snaží držet starých postupů...

Deutsche Bank Envisions Post Covid-19 Economy Accelerating Digital Payments

8.4.2020
Since the covid-19 outbreak wreaked havoc across the world’s economies, the global multinational investment bank Deutsche Bank has been encouraging the use of digital currencies. The firm’s Twitter account and macro strategist Marion Laboure have been tweeting regularly about...

Sweden’s ‘Lagom’ Response to Coronavirus: No Masks, Keep The Economy Going With a “No Limit” Printing Press

7.4.2020
The Coronavirus in Sweden has so far claimed 611 deaths, with 7849 confirmed cases. Swedish people still send their kids to school and are not hoarding much of anything compared to countries like the US. But just like in most of the world many businesses are hit hard, and the country's central bank...

Private Companies Could Play Role in CBDC Issuance, Bank of England Says

7.4.2020
Analysts from the U.K.'s central bank said private currencies could work alongside any future CBDC initiative if they offered real utility

Germany’s Crypto Custody Law Hits a Snag: Startups Can’t Get Bank Accounts

7.4.2020
Even though the crypto custody law falls under the German banking act, German banks are hesitant to give crypto firms bank accounts

China Will ‘Undoubtedly’ Pursue Digital Yuan, Central Bank Says

6.4.2020
The People’s Bank of China has sent one of its strongest signals yet of a commitment to creating a digital national currency

2 American Banks Have Failed Since Coronavirus Started Spreading in the US

6.4.2020
Since the coronavirus started spreading in the U.S., two banks have failed and were shut down by state banking authorities. One was a bank in West Virginia and the other was in the state of Nebraska. The governor of West Virginia has already issued a stay-at-home order due to rising covid-19 cases....

South Korean Central Bank Accelerates Digital Currency Pilot to Keep Up With Other Nations

6.4.2020
The Bank of Korea has historically been skeptical about CBDCs, but now it's having to keep up

Coronavirus Encourages CBDC Developments: Deutsche Bank Strategist

6.4.2020
Deutsche Bank macro strategist Marion Laboure believes that the risk of cash spreading the coronavirus will probably result in a push for digital currencies

It's Happening: S Korean Central Bank Unveils Plans to Pilot a CDBC

6.4.2020
Source: Adobe/Photo-maxx The South Korean central bank, the Bank of Korea (BOK) is “one step closer” to launching a pilot for a central bank digital currency (CBDC) and could start piloting a token as early as December this year – in line with central banks in other regions, which are also thought...

South Korea's Central Bank Launches Digital Currency Pilot Program

6.4.2020
South Korea's central bank is undertaking a CBDC pilot program, although it currently believes the need to issue a digital currency is slim

People’s Bank of China Continues CBDC Development Talks

5.4.2020
Bank of China continues CBDC development talks in Beijing via teleconference

BIS Calls for Central Bank Digital Currencies Amid Coronavirus Pandemic

5.4.2020
‘The central bank of central banks’ is advocating for the development of CBDCs amid the coronavirus pandemic

Gold Investors Are Terrified Central Banks Might Dump Bullion During the Economic Crisis

3.4.2020
Despite what gold bug Peter Schiff says, economists are uncertain that gold will shine during the current coronavirus crisis. While gold and other precious metals have seen decent gains in the last few weeks, a few investors are terrified that central banks will use their flight-to-safety assets...