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ECB’s Lagarde: We Want to Develop Digital Currencies but Won’t Discourage Private Initiatives
8.1.2020
Lagarde said the ECB will continue researching CBDCs and will not stand in the way of any private initiatives
China Takes Another Step Away From USD Hegemony
1.1.2020
The China Foreign Exchange Trade System (CFETS) announced that effective January 1, 2020, the system “will adjust weights for CFETS RMB Index,” decreasing the weighting of the USD for the second time in the currency basket’s history from 22.40% to 21.59%, and increasing the Euro...
2020 Vision: 7 Trends Bringing Blockchain Into Focus in the Year Ahead
23.12.2019
As the blockchain industry moves from experimentation to implementation, futurist David Shrier is following these seven bellwethers
Bailouts From Asia to the EU Signal Recession and Potential Crypto Opportunity
19.12.2019
China’s Hengfeng Bank is set to get a $14.2 billion bailout from both Chinese government and foreign investors. An emergency decree has been approved to bail out southern Italy’s biggest lender, Banca Popular di Bari. Germany continues to struggle with bailout pains, as regional bank...
ECB Official Says Digital Currency Could Be an Alternative to Cash
28.11.2019
A digital currency could ensure that citizens remain able to use central bank money even if cash is eventually no longer used, according to Benoît Cœuré
French Central Banker Advocates For Blockchain-Based Settlements in Europe
25.11.2019
The central bank of France wants the eurozone to build a DLT-based settlement system that moves euros faster and more cheaply than existing tech
Fed Reserve Evaluating Digital Dollar But Benefits Still Unclear, Says Chairman
20.11.2019
Jerome Powell has said his institution is looking into the possibility of developing a digital currency, but the option throws up many policy questions and unclear benefits
Russian Central Bank Chief: ‘No Obvious Need’ for National Cryptocurrency
10.10.2019
Russia's central bank sees no strong reason to launch a national cryptocurrency that would override the potential risks, according to its chief
China’s Central Bank ‘Close’ to Launching Official Digital Currency
12.8.2019
An official at China's central bank has said the institution is nearing the launch of its national digital currency
Bank of Japan: Adopting Central Bank Crypto Would Mean Dropping Cash
5.7.2019
A Bank of Japan official has ruled out the launch of a central bank digital currency because to do so would require the country to abandon cash
Marshall Islands Sets Up Non-Profit to Oversee National Digital Currency
6.6.2019
The Marshall Islands has set up a not-for-profit organization to oversee the Pacific nation's digital legal tender, the SOV
Bundesbank Chief Warns on Risks of Central Bank Digital Currencies
3.6.2019
The head of Germany's central bank has said central bank digital currencies could destabilize financial systems and worsen bank runs
ECB Official Says Wholesale Central Bank Digital Currency a ‘Viable Option’
28.5.2019
A European Central Bank council member has come out generally in favor of wholesale central bank digital currencies
Digital Renminbi: A Fiat Coin to Make M0 Great Again
17.5.2019
Anonymous, cryptocurrencies could become more important in an environment where government money is closely controlled, says Dovey Wan