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BIS Chief: Central Banks May Issue Digital Currencies ‘Sooner Than We Think’
1.7.2019
The chief of the Bank for International Settlements has acknowledged that central banks will likely soon need to issue their own digital currencies
XRP, Libra and Visa to Fight It Out for Cross-Border Remittance Crown
30.6.2019
Given Facebook’s 2 billion strong user base, will banks become more amenable to cryptocurrency adoption as a way of maintaining their relevance in international money transfer?
Central Banks To Issue Their Own Digital Currencies, Predicts IMF
29.6.2019
For many years, cryptocurrencies and digital currencies belonged in the fringes of the financial system. However, that has now changed. Considering the way in which Bitcoin went mainstream, and millions of people started investing in it, it is not really a surprise. When so many people invest in...
IMF Predicts Central Banks to Issue Digital Currencies
29.6.2019
The IMF says central banks are interested in digital currencies, and several countries may join Uruguay in testing out CBDCs soon
Iranian Authorities Shut Down Two Crypto Mining Farms Amid Power Spike
28.6.2019
Authorities in Iran have reportedly seized roughly 1,000 bitcoin mining machines from abandoned factories
Reserve Bank of India Developing Blockchain Banking Platform
28.6.2019
The Reserve Bank of India has announced that it is working on a blockchain platform for banking, which is scheduled to roll out some time within a year
Swiss Crypto Bank Dukascopy to Introduce Its Own Cryptocurrency
28.6.2019
Swiss online bank Dukascopy intends to issue its own Ethereum-based stablecoin
Indian Banking Restriction And Regulatory Issues Crush Koinex Exchange To Shut Down
28.6.2019
As per the official website of Koinex, there are more than 1 million registered users of the exchange. The platform, by far, has executed 20,000 orders which are worth more than 3 Billion U.S. Dollars. Then what caused it to shut down amidst all the great success? The journey of Koinex crypto...
Goldman Sachs CEO Hints Bank Might Launch ‘JPM Coin’-Like Crypto
28.6.2019
Goldman Sachs may ultimately take part in the crypto disruption of finance with its own stablecoin, according to CEO David Solomon
Central Bank of Uganda Warns Decentralized Cryptocurrencies Are Risky
28.6.2019
The deputy governor of the Bank of Uganda has warned the public about the limited protections offered them when they invest in unregulated cryptocurrencies
Singapore’s Central Bank Wants More Information on Facebook’s Libra Crypto
27.6.2019
The Monetary Authority of Singapore reportedly has concerns over Facebook's recently unveiled cryptocurrency project, Libra
Singapore Central Bank: Concerns Over Facebook’s Libra ‘Not Trivial’
27.6.2019
Singapore’s central bank held discussions with Facebook about its upcoming libra cryptocurrency
Market Rebound Boosts Adoption of Cryptocurrencies for Payments
27.6.2019
The use of digital assets to make payments is growing, according to a recently published study. It reveals that cryptocurrency’s role as a viable means of payment has been expanding and this year’s market rebound has increased the turnover of crypto payments. The report suggests that...
BaFin Head Urges Global Bank Standards in Response to Facebook’s Libra
26.6.2019
BaFin’s president Felix Hufeld urged regulators not to stand aside on the issue of Facebook’s stablecoin Libra
Swiss Stock Exchange Asks Central Bank to Issue Stablecoin
26.6.2019
SIX Group, Switzerland’s principal stock exchange, asked the Swiss central bank to issue a stablecoin
Deutsche Bank: ‘Aggressive’ Central Banks Making Bitcoin More Attractive
26.6.2019
A dovish U.S. Federal Reserve is one of the reasons for the recent surge of bitcoin prices, according to Deutsche Bank lead strategist
Ex-Trump Economist Joins ‘Crypto Central Bank’ After Failed Fed Bid
25.6.2019
Decentral aims to perform similar monetary functions for cryptocurrencies as the Federal Reserve does for the U.S. economy
French Central Bank: Facebook’s Libra May Need Banking License
25.6.2019
Facebook’s Libra must comply with anti-money laundering regulation and needs banking licenses, according to the Bank of France Governor
Philippine Central Bank And CEZA Approves 48 Cryptocurrency Exchanges
25.6.2019
The number of permitted digital currency exchanges are increasing in the Philippines. Now they are competing with Japan in supporting the digital currency exchanges. Recently the central bank of the country, BSP has approved 11 new cryptocurrency exchanges, in addition to 37 exchanges approved...
‘Hope it Makes Me Rich’ — Ex-Trump Advisor Joins Crypto ‘Central Bank’
25.6.2019
Ex-Trump advisor and conservative economist Stephen Moore has joined a stablecoin project that aspires to function as a new type of central bank