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Central Banks Worldwide Testing Their Own Digital Currencies
15.8.2019
Central banks worldwide are examining the possibility of issuing a central bank digital currency (CBDC), with some already testing theirs for different uses. Countries that have advanced their digital currency projects include China, Singapore, Canada, the Bahamas, Thailand, Uruguay, and Sweden....
Can Central Bank Digital Currencies Be Used to Fight Financial Crimes?
14.8.2019
Central bank-issued digital currencies could have a great advantage in combating the shadow economy and illegal activities, and they could be a viable alternative to digital currencies like Libra
The Next Big Financial Meltdown Is Around the Corner, Many Voices Warn
25.7.2019
“The economy is looking great,” how many times have they told you that? And why do you usually hear it when you are late on a mortgage payment or during a downsizing purge at your company? Relying on your senses is always a safer bet than trusting the wishful thinking of those...
US, EU and Japan Could Trigger ‘Cold Currency War’ by Debasing Fiat
24.7.2019
The world’s major central banks are waging war to determine who can make their respective fiat currency weaker. With the likelihood of even more money printing and negative interest rates ahead, people need to be ready to see the value of their money evaporate and the price of everything else...
Money and Democracy: How the Elite Manipulated Ledgers and Created a Social Ranking System
22.7.2019
Money is one of the most important but least understood manmade tools in existence. For more than 5,000 years humans have used a tool of exchange called money to facilitate trade. During this timespan, the evolution of money has evolved into a system of information, a social contract, and a ranking...
Market Outlook: Gold and Crypto Reap the Benefits of Economic Fear
10.7.2019
Cryptocurrencies have recovered from losses incurred a week ago, with many digital assets up 50-80% since July 2. For instance, eight days ago bitcoin core (BTC) tumbled to $9,650 and then back to a high of $13,150 yesterday evening. However, during the afternoon trading sessions on Wednesday, most...
Money and Democracy: Why You Never Get to Vote on the Most Important Part of Society
10.7.2019
It’s very odd that citizens never get to vote or have any say in regard to society’s money, even though it’s one of the most important aspects of everyday life. In fact, in developed countries, most central banks are institutions that are privatized from political interference...
China’s Central Bank Developing Own Digital Currency in Response to Libra
8.7.2019
The Chinese central bank is developing its own digital currency in response to Facebook’s forthcoming Libra stablecoin
Now Japanese Regulators Are Getting Anxious About Facebook’s Cryptocurrency
3.7.2019
Japan's central bank has joined the regulators worldwide expressing concerns over the potential risks posed by Facebook's Libra cryptocurrency
Singapore Central Bank: Concerns Over Facebook’s Libra ‘Not Trivial’
27.6.2019
Singapore’s central bank held discussions with Facebook about its upcoming libra cryptocurrency
Deutsche Bank: ‘Aggressive’ Central Banks Making Bitcoin More Attractive
26.6.2019
A dovish U.S. Federal Reserve is one of the reasons for the recent surge of bitcoin prices, according to Deutsche Bank lead strategist
Russia’s Central Bank Is Considering Launching a Digital Currency
17.6.2019
The head of Russia's central bank has said the institution is investigating the possible future launch of a digital currency
14 Banks, 5 Tokens: Fnality’s Expansive Vision for Interbank Blockchains
13.6.2019
Fresh off a $63 million fundraise, execs at bank blockchain consortium Fnality shed some light on the often-secretive project's plan to tokenize fiat currency
Philippines Central Bank Warns on Risks of Growing Cryptocurrency Use
11.6.2019
The Bangko Sentral ng Pilipinas will continue to regulate cryptocurrency use in the country, senior officials have said
G20 Starts Crypto Discussions – A Look at Global Standards
9.6.2019
Finance ministers and central bank governors from the G20 countries have gathered this weekend for a two-day meeting ahead of the G20 summit, and cryptocurrency is among the topics of discussion. Global standard-setting bodies have submitted their policies and provided tools to help the member...
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
Russian Central Bank to Consider Gold-Backed Cryptocurrency
23.5.2019
The Bank of Russia will consider the use of a gold-backed cryptocurrency to facilitate international settlements, according to its governor
Decentralizing Central Banks: How R3 Envisions the Future of Fiat
5.4.2017
In a new report, bank consortium R3 compares two competing concepts for moving fiat currency to a blockchain or distributed ledger