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Better to get it right than to be first with CBDC, says US Fed chair
19.10.2020
The U.S. already has a “safe and active dynamic domestic payment system,” Powell argued
Digital Ruble Could Be Tool Against Sanctions, Bank of Russia Says
19.10.2020
Russia's central bank says a digital ruble could make Russia less dependent on the U.S. dollar and more resistant to foreign sanctions
Digital Yuan Users: Some Came Back for More, Others Unimpressed
19.10.2020
Source: Adobe/Сергей Шиманович
A number of Chinese citizens who received digital yuan payouts worth USD 30 in a recent giveaway event have decided to top up their central bank digital currency (CBDC) wallets.
As previously reported, the central People’s Bank of China (PBoC) distributed thousands...
First Users Not So Impressed by China’s Digital Yuan: Report
19.10.2020
A recent giveaway of China's in-testing central bank digital currency has reportedly left recipients wondering why they should swap from existing solutions like Alipay
Rare Batman NFT Digital Art Collection Sells for Record 540 Ether
19.10.2020
A five-piece collection of Batman digital art has sold for a combined 540.86 ether, or about $202,000, on Makersplace, a record price for non-fungible crypto artwork. The rare artwork is a collection of animations or PNG files of the Dark Knight. It was created by DC comic artist José Delbo...
95% of winners in China’s CBDC lottery spent digital yuan prizes
19.10.2020
Some winners purchased additional digital yuan during the pilot
Filecoin Miners Start a Strike – FIL Validators Claim the Project’s Economic Model Is Not Working
19.10.2020
The Filecoin project has surely seen a lot of hype but during the last few weeks before the launch, the cooperative digital storage crypto project has been criticized a great deal. This weekend a few Filecoin miners have been on strike and claim the economic model is not working out for them. Just...
Wanted: Economist for Digital Currencies, Fintech as Bank of Canada Studies a Possible CBDC
18.10.2020
The move comes as the central bank continues to research how a central bank digital currency would work as well as the possible risks
With job listing, Canada’s central bank takes additional steps towards a CBDC
18.10.2020
The winning candidate's primary task will be to monitor the latest developments related to electronic money, but also research “the development of a CBDC”
Neo Foundation teases surprising Neo3 features: file storage and digital identity
17.10.2020
Neo3 promises to provide file storage and digital identity, though the demand is questionable
Advertising in Crypto: How to Run a Successful Campaign on CoinMarketCap
17.10.2020
CoinMarketCap, the most-viewed website in the cryptocurrency world, has long been known to have the most coveted digital real-estate forContinue Reading
The post Advertising in Crypto: How to Run a Successful Campaign on CoinMarketCap appeared first on CoinMarketCap Blog
187,000 BTC Drained: Over $2 Billion in Bitcoin Leave the Top Exchanges Since June
17.10.2020
Cryptocurrency reserves held on digital asset exchanges have been dropping to new lows, as some of the top exchanges have seen significant bitcoin reserve balance drops. A few months ago trading platforms had a lot more bitcoin reserves on hand and onchain data shows a few exchanges have seen...
E-Krona or Bust, Says Sweden’s Chief Central Banker, Trying to Drag Swedish Govt Into Digital Age
16.10.2020
Riksbank Governor Stevan Ingves sees a Swedish digital currency as an imperative for his central bank
Bank of Spain to Weigh Digital Currency Design Proposals, ‘Implications’ Through 2021
16.10.2020
The "priority" research comes as Spain weighs a global pivot to digital economies
Okex Halts Withdrawals Due to ‘Out of Touch’ Private Key Holder, Founder Star Xu Talks With Police
16.10.2020
The digital currency exchange Okex disabled cryptocurrency withdrawals on Friday morning and explained that funds were “safe and not affected.” Following the withdrawal announcement, regional reports claim that Okex’s founder Mingxing “Star” Xu was taken away by...
Digital Euro Within Decade ‘Very Likely,’ Says Finland’s Chief Central Banker
16.10.2020
Olli Rehn believes a digital euro "in one form or another" is all but inevitable
Foreign Crypto Exchanges Like Paxful, Binance to Pay 1.5% Tax Under Kenya’s New Regulations
16.10.2020
The Kenya Revenue Authority (KRA) has clarified that its planned digital service tax (DST) will be applicable to cryptocurrencies at a rate of 1.5% on gross transaction value, local media reported. In August, the agency announced new rules for the taxation of what it calls “digital...
Five Russian Commercial Banks Eager to Pilot Digital Ruble in 2021
16.10.2020
Russia’s “cryptoruble” – its central bank digital currency (CBDC) initiative – is seemingly picking up momentum after years spent in limbo.
Earlier this month, the Russian Central Bank announced that it would consider debuting a digital token, after a year ago stating that there was no need...
Five Russian banks express interest in piloting digital ruble
16.10.2020
The first pilots of Russia’s digital currency are expected to launch in H1 2021
Fed Chairman Powell to Speak About Digital Currencies Next Week at IMF
15.10.2020
Federal Reserve Chairman Jerome Powell will speak next week as part of a panel on the future of cross-border payments at the International Monetary Fund’s (IMF) annual meeting