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Central Bank Gold Hoarding Hits 50-Year High

30.12.2019
While dozens of the world’s economic leaders participate in extreme monetary easing policy, central banks have also been hoarding gold. Central banks accumulated over 668 tons in gold purchases this year, which is more than 2018’s record numbers. In fact, the key drivers in gold demand...

South Korean Central Bank to Organize a CDBC Task Force

27.12.2019
South Korea's central bank plans to hire additional experts as it studies digital currencies and blockchain technology

Central Bank in Russia Started Testing Stablecoins in a Regulatory Sandbox

27.12.2019
In a recent development, the Bank of Russia has declared that it has started testing stablecoins in the regulatory sandbox. The Head of the Central Bank, Elvira Nabiullina, remarks that the financial regulator through the Sandbox is observing how stablecoins can function, regardless the bank...

South Korea Forms Task Force for Central Bank Digital Currency Research

27.12.2019
The Bank of Korea will organize a task force dedicated to central bank digital currency research in 2020

Germans Rush to Buy Gold as Draft Bill Threatens to Restrict Purchases

27.12.2019
Reports have emerged depicting long lines in front of a physical gold sales location in Germany, in view of pending legislation which would once again lower the anonymous purchase limit, this time from €10,000 to €2,000. The last drop happened in 2017 when the limit was set...

Shenzhen Stock Exchange Launches Index of Top 50 Blockchain Public Companies

27.12.2019
The Shenzhen Stock Exchange has launched a blockchain index comprising 50 of the largest publicly listed companies with blockchain ventures by market capitalization. Blockchain-related stocks in China have been gaining value since President Xi Jinping openly advocated for the technology. Also read:...

Bitcoin Gained 8.9 Million Percent Over the Last Decade

27.12.2019
2020 is fast approaching and the last decade will be behind us. Throughout the last ten years, the biggest unicorn firms were born like Uber and Airbnb. However, even though Bitcoin isn’t a company, the best investment of the decade belongs to the decentralized cryptocurrency Satoshi created....

Bahamas Central Bank Will Pilot Digital Currency Starting December 27

26.12.2019
The Bahamas is planning to pilot a digital version of the Bahamian dollar in the Exuma district starting December 27

Russia’s Central Bank Is Now Testing Real Asset-Pegged Stablecoins

26.12.2019
Russia’s central bank starts testing stablecoins and doesn’t assume that they will act as a payment method and become a substitute of money

Russia’s Central Bank Ready to Test Stablecoins + More News

26.12.2019
Elvira Nabiullina, head of the Central Bank of Russia. Source: a video screenshot, Youtube, Bank of Russia Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Regulations...

Central Bank of China Official Says Digital Yuan Will Be Different From Bitcoin

24.12.2019
An official at China’s central bank says that the digital form of the yuan will be different from Bitcoin and stablecoins

Unlike Libra, Digital Yuan Will Not Need Currency Reserves To Support Value: PBOC Official

23.12.2019
PBOC wants to distinguish its own digital currency from rival private initiatives

Mnuchin Affirms $1.5 Trillion Unaccounted For, Still Demands Strict Bitcoin Regulation

23.12.2019
U.S. Treasury Secretary Steven Mnuchin remarked last week that a reported $1.5 trillion in missing cash — mostly one hundred dollar bills — was “sitting in bank vaults all over the world.” The famously anti-bitcoin U.S. official noted that “there’s a lot...

Nike tokenizing shoes on the blockchain

23.12.2019
CoinMarketCap Daily Newsletter Your daily newsletter for 11 December, 2019 “The learning process continues until the day you die.” - Kirk Douglas In today's newsletter, we will be covering: World's 2nd-largest bank CCB launching blockchain refactoring Nike patenting a system for […] The post...

Chinese Central Bank: Digital Yuan Is Not for Speculation

23.12.2019
Source: iStock/ma-no The head of the People’s Bank of China (PBoC)’s digital currency research institute Mu Changchun has confirmed that a “digital form of the yuan” is on its way – but claimed that the digitized fiat would be “different from Bitcoin or stablecoins.” The PBoC chief also stated that...

PBOC Official: China’s Digital Yuan Won’t Be a Speculative Currency Like Bitcoin

23.12.2019
According to recent statements by People’s Bank of China (PBOC) official Mu Changchun, the country’s digital yuan is ready for trials. The central bank digital currency (CBDC) will decidedly not be a speculative asset like bitcoin or stablecoins, and will not need a currency basket...

Chinese Regulators Question 8 Crypto Companies in Shenzhen

20.12.2019
Authorities in Shenzhen have started pressuring crypto businesses operating in China’s tech capital. Eight companies, two suspected operators of trading platforms, and six entities allegedly associated with coin offerings, have been placed under inquiry, Chinese media revealed, with...