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CBDC as a store of value threatens financial system, says German official
21.10.2020
The German central bank is considering alternatives to CBDC as a digital payment solutions
Central Bank of Bahamas Launches Landmark ‘Sand Dollar’ Digital Currency
21.10.2020
The Bahamas has officially launched the world's first national digital currency, the sand dollar
Institutions Long and Hedge Funds Short: Bitcoin Options Traders Prep for ‘Big Moves’ Ahead
20.10.2020
Trends in bitcoin options markets are making it difficult for financial analysts to pinpoint BTC’s next move. Data from CME’s recently published trader report shows that institutional investors are capturing a larger number of bitcoin long contracts, while hedge funds are showing...
New Zealand has no imminent plans to issue CBDC, says central bank exec
20.10.2020
Important questions about CBDCs remain unanswered for the Kiwi's central bank
Digital Ruble: Russia Unveils Plans to Test Central Bank Digital Currency
20.10.2020
As China is actively testing its digital yuan, Russia is now planning to build and test a central bank digital currency, the digital ruble. Meanwhile, the Bank of Russia has proposed limiting the amount of bitcoin retail investors can buy. Russia’s Central Bank Plans Digital Ruble The central...
Japanese messaging giant LINE reportedly working on CBDC platform
20.10.2020
The platform would aid central banks in Asia with developing a central bank digital currency
R3 Corda Network Set to Go DeFi With XDC Digital Currency
20.10.2020
A group of former bankers building on R3’s public Corda Network is touting the first digital currency for that ecosystem, dubbed XDC
Monetary Stability: The IMF and Fed Chair Jerome Powell Discuss Digital Currency Implications
19.10.2020
On Monday, the International Monetary Fund (IMF) published a report on crypto assets like central bank digital currencies (CBDCs) and global stablecoins (GSCs). Moreover, the IMF also hosted a virtual panel that discussed digital currencies and cross-border payments with the Federal Reserve Chair...
Private Vs. State-run digital currencies: which could replace the dollar?
19.10.2020
Author David Birch says a number of digital assets will arise to challenge the dollar as the dominant world currency
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
95% of winners in China’s CBDC lottery spent digital yuan prizes
19.10.2020
Some winners purchased additional digital yuan during the pilot
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...
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
‘No single digital currency will dominate the world’ Bank of Japan now says
15.10.2020
Japan's policymakers appear disconcerted by the advancement in China's CBDC iniative
The Bahamas central bank wants to make its digital 'Sand Dollar' global
15.10.2020
The Bahamas’ digital currency is currently used domestically
Starbucks and McDonald’s reportedly not testing China’s digital yuan
14.10.2020
Starbucks and McDonald’s are reportedly not part of the 3,000 merchants piloting China’s CBDC
The IMF, G20 and BIS Gear Up for the Central Bank Digital Currency Era
13.10.2020
New reports on digital currency design principles and regulatory standards show just how quickly the world’s bankers are moving