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Digital Yuan Giveaway: China’s Shenzhen City Hands Out 10 Million Yuan in Central Bank Digital Currency
10.10.2020
A major Chinese city is giving away 10 million yuan in the country’s central bank digital currency this weekend. Recipients can use their digital yuan at 3,389 stores next week. The city aims for the giveaway to boost usage of the new government-backed digital currency. Chinese City Giving...
US Government Moves to Regulate Cryptocurrencies After Attorney General Publishes Enforcement Framework
10.10.2020
United States Attorney General (AG) William Barr says the recent publishing of the Cryptocurrency Enforcement Framework will help law enforcement to fight elements using digital currencies for illicit ends. Produced by the AG’s Cyber-Digital Task Force, the framework provides law enforcement...
U.S. Vs. China: who will win the digital currency war?
9.10.2020
The U.S. needs to embrace privacy-focused crypto in order to compete with China’s digital RMB
Digital identity is the future, US Congressman Bill Foster says
9.10.2020
Technology could hold the keys to identity theft protection
Market Update: Bitcoin Captures $11K, Flash Buy Signals, Bollinger Band Squeeze
9.10.2020
Cryptocurrency markets are seeing decent gains on Friday following the announcement Square made the day prior about purchasing $50 million worth of bitcoin for reserves. During the morning trading sessions, the overall market capitalization of all 7,000+ crypto assets is up over 2% hovering at $340...
Bank of Japan to begin digital currency proof-of-concept in 2021
9.10.2020
In a recent document from the Bank of Japan, the central bank stressed the need for offline availability
Senior Japanese official fears China being ‘first-mover’ in digital currency
9.10.2020
China might gain control over global CBDC standards, a Japanese official warns
China’s Central Bank, Major City to Hand Out $1.5M in Digital Yuan
9.10.2020
A local report suggests the pilot is an indication that the digital yuan is close to being launched
Beijing Announces ‘Legal Digital Currencies Pilot’ Plan
9.10.2020
Beijing is set to build a “legal digital currency pilot area” as part of its new Beijing Pilot Free Trade Zone initiative – although the project’s masterminds have stopped short of providing details as to what sort of tokens will be given the green light.
Per the Beijing News, via news agency...
Fed Reserve and 6 Other Central Banks Set Out Core Digital Currency Principles
9.10.2020
The seven central banks, along with BIS, have released a report setting out agreed core objectives that must be met by national digital currencies
Shenzhen to hand out 10 million digital yuan in currency giveaway
9.10.2020
China is promoting its central bank digital currency with a public $1.5 million giveaway
Dutch Central Bank Gives First Approval to Digital Asset Exchange
9.10.2020
AMDAX has become the first to register with Holland's central bank under recently implemented EU anti-money laundering regulations
Hit Record Producer Murda Beatz Tells Fans He Purchased Bitcoin
9.10.2020
Another hip hop artist has joined the cryptocurrency community, as the Canadian record producer, DJ, and songwriter ‘Murda Beatz’ (Shane Lee Lindstrom) said he bought some bitcoin on Tuesday. The music producer joins a slew of other recording artists that have joined the crypto...
Hacker from the 2016 Bitfinex Breach Transfers $21M Worth of Bitcoin to Unknown Wallets
8.10.2020
On Wednesday morning (ET), around 2,034 BTC ($21.6 million) from the 2016 Bitfinex hack moved into a few unknown wallets. The action was caught by the Btcparser program as five transactions with around 400 BTC each moved for the first time in four years. On August 2, 2016, the popular digital...
Digital Bank Revolut Taps Fireblocks to Support New Crypto-Based Services
8.10.2020
Announced Thursday, Revolut will use Fireblocks’ platform to offer new cryptocurrency services for its retail customers
Group Backed by ING Bank, Fidelity and Standard Chartered Releases Crypto AML Tools
8.10.2020
The Travel Rule Protocol working group has published v1 of its TRP API
China’s Digital Currency Has Been Used in 3 Million Transactions Worth Over a Billion Yuan So Far
8.10.2020
China’s central bank digital currency has been used in 3.13 million transactions worth about 1.1 billion yuan ($162 million) so far, the People’s Bank of China’s deputy governor has reportedly revealed. In addition, more than 122,000 digital wallets have been created....
‘It’s Something We’re Studying’: Deputy Treasury Secretary Discusses US CBDC Plans
7.10.2020
“It’s something we’re studying … this is really a decision which sits as much with the Fed as it does with Treasury,” said Deputy Secretary Justin Muzinich
Japan’s Messaging Giant Line Introduces Crypto Lending Services
7.10.2020
Back in the summer of 2018, the Japanese messaging giant, Line Corp., launched a cryptocurrency exchange with over 30 digital assets. Now Line is introducing crypto lending services with five different crypto assets and a new lineup of decentralized applications (dapps). The Japanese messaging...
Bank of Korea digital won pilot moving to distribution phase next year
7.10.2020
The South Korean central bank is on track with its CBDC pilot program, but still insists it has no current plans to launch