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CBDC Is Grave Threat to Liberty, Presidential Hopeful Vivek Ramaswamy Warns

11.8.2023
The U.S. dollar will be stronger if it’s not a central bank digital currency (CBDC), according to candidate for Republican presidential nomination Vivek Ramaswamy. He is convinced that a digitized greenback and other digital fiats represent a threat to democracy in the United States. CBDC Is...

Canadians have ‘weak incentives’ to use a CBDC: Bank of Canada

11.8.2023
A central bank discussion paper found that the majority of Canadians have little trouble accessing financial services, which gives them little reason to use a CBDC

Today in Crypto: India's Central Bank Proposes AI-powered Conversational Payments System, India Wants to Utilize Crypto to Digitally Sign Documents, UK Recruiting For CBDC Academic Advisory Group

10.8.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________... Read More: Today in Crypto: India's Central Bank Proposes AI-powered Conversational Payments System, India Wants to Utilize Crypto...

Bank of England Forms Digital Pound Advisory Group to Shape CBDC Design

10.8.2023
Announced on the Bank's Website on Wednesday, the Bank of England (BoE) has established a digital pound advisory group named the CBDC Academic Advisory Group (AAG) and is actively seeking specialists to join this group as the nation enters the CBDC design phase. ... Read More: Bank of England Forms...

US bank reveals $170M in crypto holdings: Q2 earnings report

10.8.2023
Sofi started offering crypto services even before it became a bank and its banking license might change the way it hodl crypto

India plans to use crypto tokens in upcoming native web browser

10.8.2023
Feature is envisaged in the project of national web browser, cherished by the Ministry of Electronics & Information Technology

Nigeria to issue verifiable blockchain certificates for NYSC

10.8.2023
This initiative aims to house all NYSC certificates on the blockchain, providing individuals with the means to easily verify and authenticate them

UBS Expects US Dollar Dominance to Persist for ‘Years to Come’

10.8.2023
Swiss investment banking giant UBS expects the U.S. dollar’s reign to live on. “We firmly believe we will be living in a U.S. dollar-centric world for years to come,” the bank’s executive said, adding that there will be some room for competitors. UBS on US Dollar’s Dominance...

Fed Launches New Crypto Oversight Program, Issues Dollar Stablecoin Guidelines

10.8.2023
The Federal Reserve has established a new supervisory program to increase oversight of crypto activities by the banks it regulates. The U.S. central bank also released additional guidelines for banks to follow before engaging in the issuance, possession, or transactions involving U.S. dollar...

Putin and Ramaphosa Discuss BRICS Summit, Trade and Cooperation; Russian President to Join via Video Link

10.8.2023
Russian president Vladimir Putin and South African president Cyril Ramaphosa recently addressed cooperation, trade, and preparations for the upcoming BRICS summit. The two leaders conversed about practical cooperation and the expansion of the organization, reflecting a shared commitment...

Bank of England Wants Digital Pound Advisers as It Moves to CBDC Design Phase

9.8.2023
The Bank of England has also started recruiting for its central bank digital currency engagement forum

Russia to being CBDC trials with 13 banks

9.8.2023
According to Olga Skorobogatova, First Deputy Governor of the Bank of Russia, initiating pilot operations using genuine digital rubles represents a pivotal phase within the project

Bitcoin, Ethereum Technical Analysis: BTC Surges Above $30,000, as Moody’s Downgrades 10 US Banks

9.8.2023
Bitcoin moved above $30,000 late on Tuesday, as markets reacted to the news that rating agency Moody’s had downgraded several U.S. banks. The list includes State Street, Northern Trust, and Bank of New York Mellon. Ethereum was marginally higher. Bitcoin Bitcoin (BTC) briefly rose back above...

Bank of England Remains Focused on Systemic Stablecoin Regime

9.8.2023
The UK central bank has released a consultation response on systemic stablecoins, suggesting that it remains committed to a systemic stablecoin regime. On Tuesday, the Bank of England (BoE) released the "Payments Regulation and the Systemic Perimeter" framework, which agreed on co-supervision...

Blockchain․com Obtains Payment License in Singapore

9.8.2023
Crypto company Blockchain․com has been granted a payment license in Singapore that will enable it to provide regulated services for digital assets. The authorization in the city-state, which is a major trading hub for the platform, is part of its efforts to comply with local regulations in...

US Fed steps up oversight of banks' involvement with crypto firms

9.8.2023
The limitations set out in the Federal Reserve’s new Program provides additional measures to its original policy statement laid out in January

Today in Crypto: Binance Becomes First Fully Licensed Exchange in El Salvador, Coinbase Offers to Buy Back Up to $150 Million of Its $1 Billion Bonds, Bitstamp in Talks to Raise Fresh Funding, Brazilian CBDC Gets Its Official Name and Logo

8.8.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________... Read More: Today in Crypto: Binance Becomes First Fully Licensed Exchange in El Salvador, Coinbase Offers to Buy Back Up to $150...