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Iran Aims to Roll Out Pilot Version of Crypto Rial Within 2 Months
26.6.2022
The government in Tehran is taking steps in preparation of the launch of Iran’s new digital currency, referred to as the crypto rial. The monetary authority of the Islamic Republic hopes to initiate the pilot phase of the project within the next two months. Crypto Rial to Be Different From...
CBDC Ensures Nigeria Remains Competitive in Increasingly Digital World — Central Bank Governor
26.6.2022
The governor of the Central Bank of Nigeria (CBN) has insisted the recently introduced e-naira digital currency can potentially boost trade and investment activities in the country. He added the digital currency “would be necessary in the future to ensure Nigeria is competitive as the world...
Bank of Russia Accelerates Schedule for Digital Ruble Project
26.6.2022
The Central Bank of Russia continues to step up efforts to test and issue the digital ruble, with a roadmap for the full implementation of the new form of the national fiat now expected by the end of 2023. Trials with real transactions and users are scheduled to begin next April, earlier than...
CBDC may threat stablecoins, not Bitcoin: ARK36 exec
24.6.2022
A state-backed digital currency like the U.S. dollar doesn’t necessarily have to be a competitor to a decentralized cryptocurrency, one industry exec believes
'Brutal and unrelentingly hard': Singapore regulator's clampdown on crypto
24.6.2022
The remarks from the regulator's chief fintech officer could see the city-state lose its perception as one of the most crypto-friendly countries in the world
Powell Says Fed Plans Recommendation to Congress on CBDC
23.6.2022
The chair of the Federal Reserve testified before House lawmakers on Thursday
Russia to Trial Digital Ruble Settlements for Real Estate Deals
23.6.2022
The Central Bank of Russia and participating commercial banks want to test various types of payments with the digital ruble, the Russian press reported. The plan is to experiment with smart contracts and transactions related to real estate and crypto asset purchases. Bank of Russia to Launch Smart...
Catar está en la “etapa inicial” de una CBDC, dice gobernador del banco central
22.6.2022
El dirigente de la autoridad monetaria elogió la "innovación" de los criptoactivos
US lawmaker lays out case for a digital dollar
22.6.2022
"It is now time for Congress to begin the process of considering and ultimately passing authorizing legislation for the issuance of a U.S. CBDC," said Representative Jim Himes
BlockFi Withdrawals Drop, Bitcoin Mining Difficulty, New NFT Wallets, 3 Crypto Films + More News
22.6.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: BlockFi Withdrawals Drop, Bitcoin Mining Difficulty, New NFT Wallets, 3 Crypto Films + More News
Qatar at 'Foundation Stage' of CBDC Exploration, Central Bank Governor Says
22.6.2022
The Gulf State central banker praised the "innovation" of crypto assets
Qatar Central Bank in ‘foundation stage‘ of launching digital currency
22.6.2022
The bank is exploring technological solutions and platforms for its own digital currency
Chinese Digital Yuan Spending on the Rise Despite COVID-19-induced Slump
22.6.2022
Digital yuan usage has grown x18 in the past 12 months in China – as the central bank-issued token continues to find new users.
According to the central People’s Bank of China, transaction volumes reached the USD 13 billion mark at the end of last year, with a total of 261 million personal...
BIS compares projects to transfer central bank digital currencies across borders
22.6.2022
The international bank found high technical feasibility among the projects, but significant work on legal and governance frameworks still remains to be done
Bank of Israel experiments with central bank digital currency smart contracts and privacy
21.6.2022
The Israeli central bank looked at trust issues and policy decisions implied in a potential digital shekel, as well as some of the technical aspects of digital currency
BIS: 90% of Central Banks are researching the utility of CBDCs
21.6.2022
The institution's future monetary vision includes exploring innovations grounded in trust in central banks' stable sovereign currencies and safe payment systems
After Inflation Fiasco, Central Banks Now Want to Monopolize Trust in Money With CBDC Push and Crypto Bashing
21.6.2022
As central banks across the globe are now admitting they failed to keep inflation under control and by sharply rising rates threaten to push economies into recession, they now claim that they are the main source of trust in the monetary system. ...
Read More: After Inflation Fiasco, Central...
Bank of Jamaica Governor: Cryptocurrency ‘Not Sufficiently Stable to Be a Good Means of Payment’
19.6.2022
The governor of the Jamaican central bank has warned people using or who have plans to use cryptocurrencies to be mindful of the associated risks. The governor added that cryptocurrencies’ unpredictability means they cannot function as a medium of exchange. Not Stable Enough to Be Good Means...
ECB Considers Capping Digital Euro in Circulation at 4,000 per Capita, Panetta Reveals
17.6.2022
With concerns about financial stability in mind, the European Central Bank (ECB) plans to limit digital euro holdings, according to Board Member Fabio Panetta. The plan is to have a maximum amount of digital cash in circulation similar to that of euro banknotes today, the official unveiled....
Major Banks Urge Rethink of European Union's CBDC Plans
16.6.2022
The European Commission should stop focusing on technical details and think about whether to issue a digital euro at all, the Institute of International Finance said