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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
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...
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
South Korea’s Central Bank to Test Digital Currency With Banks in 2021
7.10.2020
Following China's lead, the Bank of Korea is to run circulation trials of a central bank digital currency with assistance from banks
US is losing 'tech cold war with China' says Ripple co-founder
7.10.2020
Ripple’s executive chairman has slammed U.S. lawmakers for losing the blockchain arms race to China
Are Central Bank Coins the End of Financial Privacy?
5.10.2020
As the European Union gets more serious about a digital euro, most central bank digital currencies intend to remove the anonymity of cash
US Senator Toomey Highlights Digital Currency Regs as He Eyes Banking Panel Chairmanship
5.10.2020
Senate Banking Committee member Pat Toomey (R-Pa.) said Monday that he intends to take up digital currency regulation and payments system reform if he becomes the committee’s next chairman
Estonia’s Central Bank to Research if Blockchain Can Support a Digital Euro
5.10.2020
Eesti Pank said the initiative will gauge the suitability of the KSI Blockchain, already used within the country's e-government system, in supporting a central bank digital currency
Estonian central bank to conduct digital currency research
4.10.2020
They’re following other central banks, including the European Central Bank, into studying virtual currencies
Stacking Satoshis: Leveraging Defi Applications to Earn More Bitcoin
2.10.2020
As decentralized finance (defi) has become more popular, digital currency proponents are making money off of more than 140 yield-bearing cryptocurrencies. While most of the defi ecosystem revolves around the Ethereum network, a number of people leverage these defi applications in order to earn more...
Crypto Bets on the US Election Show Joe Biden Winning the Presidency by 60%
1.10.2020
During the first half of the year, betting portals that allow people to wager cryptocurrencies on the upcoming U.S. election had shown Donald Trump winning the election. However, after Tuesday evening’s Presidential Debate, betting markets like Cloudbet show Joe Biden’s chances...
US Federal Reserve Actively Working on Digital Dollar
26.9.2020
The Federal Reserve Board of Governors and several Federal Reserve Banks are actively working on the digital dollar. Legislation has proposed that each American could have an account at the Fed for transacting in the central bank digital currency. Several Digital Dollar Initiatives The president...
The Bahamas Reveal Details, October Date of Landmark Central Bank Digital Currency Debut
26.9.2020
The Bahamas has unveiled key details powering its historic launch of a central bank digital currency, now slated to debut on October 20
Hong Kong Reportedly Picks ConsenSys for Digital Currency Pilot Project
25.9.2020
The Ethereum venture studio said it will work on implementing Hong Kong and Thailand's cross-border CBDC
Execs Managing $78B in Assets Say Institutional Investors Plan to Allocate More Cryptocurrencies
22.9.2020
New research from the digital currency insurance firm, Evertas, shows that a surveyed group of investors managing roughly $78 billion in collective assets believes that during the next five years, institutional investors will “dramatically” increase their crypto asset holdings. This...
5 Major Banks Exposed for Moving Trillions for Mobsters, Onecoin, and Drug Cartels
21.9.2020
According to the International Consortium of Investigative Journalists (ICIJ), five major global banks have been exposed funneling trillions of dollars in criminal funds in the recently leaked FinCEN Files. The massive leak is 2,100 documents spanning from 2000 to 2017 which shows fraudulent funds...
JD.com's fintech wing partners with PBoC on digital currency projects
21.9.2020
China's e-commerce giant will reportedly help develop apps that support the forthcoming digital renminbi
European central bank execs explain why CBDCs don’t need blockchain
21.9.2020
Before trying to apply blockchain to anything, think why
China Sees Advantages in Being First on New Digital Currency ‘Battlefield’
21.9.2020
The nation would wield stronger influence in the world as a result of the digital yuan issuance, according to a magazine from the People’s Bank of China (PBoC)