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Bank of England Still Debating Creation of Central Bank Digital Currency, Says Bailey
15.7.2020
Bank of England (BoE) Governor Andrew Bailey said Monday that the institution is still debating whether it should create a central bank digital currency (CBDC). Speaking at a webinar event, Andrew Bailey admits a CBDC will be a reality in the next few years. He, however, does not provide a time...
Former Chinese Official Says CBDC Will Pave Way for Digital Stocks
15.7.2020
A former Chinese official says the development of a digital currency will lay the foundation for the birth of digital stocks
Aggregate ERC20 Market Cap Outpaces Valuation of ETH in Circulation by $2 Billion
15.7.2020
Data now shows that the aggregate market valuation for all the ERC20 tokens in existence has surpassed the market capitalization of Ethereum’s native coins. According to data, the net worth of the ERC20 token ecosystem is roughly $2.5 billion larger than the $26.7 billion Ethereum valuation....
Japanese Banking Giant MUFG to Issue Its Own Stablecoin in H2 2020
14.7.2020
Japan’s largest financial institution, Mitsubishi UFJ Financial Group, is planning to issue the MUFG token in the second half of 2020
Bank of England Considering a Central Bank Digital Currency, Governor Says
14.7.2020
The U.K.'s central bank is discussing the possibility of launching a digital currency, perhaps in several years
$424 Million and Numismatic Value: There’s Only 20,000 Casascius Physical Bitcoins Left Unspent
12.7.2020
For many years now physical bitcoins have been a very popular trend, but one specific type called the Casascius physical bitcoin collection has intrigued people for years. Last December, someone redeemed a 100 BTC Casascius bar and since then 560 Casascius coins worth $5.1 million have been...
Cryptocurrency News From Japan: July 5 - July 11 in Review
11.7.2020
Tosei real estate and Tokyo Financial Holdings issued an asset-backed digital financial product, Coinage registered with Japanese authorities as an exchange and more headlined news from Japan this past week
Japanese Broker Monex Launches Crypto-Based CFDs With 2x Leverage
10.7.2020
The Japanese online securities company Monex has revealed the launch of cryptocurrency-based contract-for-difference (CFD) services that went live on Wednesday. The new derivatives products offered by Monex will include bitcoin, XRP, ether, and bitcoin cash pairs with 2x leverage. Japanese digital...
Bitfinex Must Face New York’s Accusations Over the Loss of $850M in Co-Mingled Funds
10.7.2020
The popular digital currency trading platform, Bitfinex must deal with the New York Office of the Attorney General (NYAG) over the alleged hiding of over $800 million in client and corporate funds. The NY state Supreme Court’s Appellate Division overruled an appeal on Thursday, after...
China’s Giant Ride-Hailing Service Didi to Pilot the Central Bank’s Digital Yuan
9.7.2020
The Chinese government and the country’s central bank, the People’s Bank of China (PBoC), are currently in the midst of testing a digital yuan or central bank digital currency (CBDC). Now the Chinese ride-hailing corporation Didi Chuxing will be trialing the newly developed digital yuan...
China’s Uber, DiDi, to Trial PBoC’s Central Bank Digital Currency
8.7.2020
Didi, the Chinese equivalent of Uber, is forming a task force to design and implement trial of China's central bank digital currency on its on-demand transportation platform
First Mover: Even Bank of America Acknowledges China Winning Digital-Currency Race
7.7.2020
BoA researchers anticipate that China's digital yuan might make a dent in the greenback’s global hegemony
Kazakh Gov Plans to Double Its Investment in Digital Currency Mining
1.7.2020
Kazakhstan says it will double its digital currency mining investment at the end of this year, and is eyeing a CBDC
60 Hong Kong-Based Vending Machines Support McAfee’s Ghost Token for Payments
30.6.2020
On June 28, 2020, the team behind Ghost Coin revealed a partnership with the digital currency payment processor Ivendpay. Ghost is a project led by the notorious John McAfee and according to the recent announcement, 60 vending machines in Hong Kong will support the privacy-centric coin...
Canada's Digital Dollar Should Focus on Inclusion and Accessibility, Say Experts
30.6.2020
Experts from the Bank of Canada have released their thoughts on how a digital dollar should be available to all Canadians
Soramitsu Starts Testing ‘White Tiger’ Digital Currency in Japan
30.6.2020
A Nikkei article states that Soramitsu will start testing its ‘White Tiger’ digital currency for retailers at a university in Fukushima
Digital Currency Guru of $568M Cyber Fraud Forum Pleads Guilty
30.6.2020
Sergey Medvedev pleaded guilty to racketeering charges as part of a $568 million payment card fraud forum, which used Liberty Reserve and bitcoin to launder funds
Digital Currency Might be a Win-Win for Governments & Protesters Alike
25.6.2020
Thanks to smaller processing fees and quickened fiscal response in crisis situations, the digital dollar could save the American taxpayers billions of dollars for sending and processing stimulus checks, argues Forbes contributor Roger Huang. Furthermore, it would legitimize and increase...
World’s Oldest Central Bank Reviews Possible Digital Currency With Mixed Results
24.6.2020
Sweden's Riksbank has looked into the viability of central bank digital currencies for its local market
Ethereum Network Fees Jump Above Bitcoin Transaction Fees for Two Weeks Straight
24.6.2020
This week digital currency enthusiasts have been discussing network fees, specifically transaction fees associated with the Bitcoin and Ethereum blockchains. Last Sunday on June 21, one Ethereum proponent noted that during the last 16 days, Ethereum users have paid more to leverage the network than...