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Digital Dollars Give the State Too Much Control Over Money
2.5.2020
Arming the Federal Reserve with a digital dollar would harm the free market, says Max Raskin, an NYU adjunct professor of law
No Global Central Bank Is Working on Retail Digital Currency Use, Says R3
1.5.2020
R3 claims that no central bank is currently pursuing the development of a retail CBDC
Crypto Answers to the Global Crisis: Bitcoin's Do-or-Die Moment
28.4.2020
The COVID-19 pandemic has resulted in global financial and economic crisis, and this is the best chance for crypto to prove its benefits
Alibaba-Backed AI Startup SenseTime to Help China Handle Digital Yuan
28.4.2020
Alibaba-backed AI startup SenseTime partners with China’s central bank to collaborate on the digital yuan amid reported trials
BIS Innovation Hub Head: COVID-19 Has Exposed The Value of DLT
25.4.2020
The BIS is exploring digital currencies and tokenization amid the coronavirus pandemic
Boon for Bitcoin, Donald Trump as Ex-Fed Official Pushes to Tax Savers
25.4.2020
After U.S. oil turned negative, the Fed’s interest rates may be next in line, warns one of its ex-presidents
Starbucks and McDonald's Rumored to Be Testing China's Digital Currency
23.4.2020
Starbucks and McDonald’s shops in Xiong’an will reportedly support payments with China’s digital yuan
Argentina's Banks Set to Use RSK Blockchain Technology for Tracking Payments
22.4.2020
RSK enters the enterprise blockchain field by collaborating with major Argentinian banks
Consensys Cuts Hundreds of Jobs This Year – About 25% of Its Staff Slashed
22.4.2020
Ethereum-based company Consensys has cut hundreds of jobs since January. In its latest action, the US-based blockchain development team confirmed it will slash more than 90 jobs – or 14% of its workforce – citing the global impact of Covid-19. The decision comes after a virtual town...
Dutch Central Bank Wants to Be European Union’s CBDC Proving Ground
21.4.2020
The Dutch Central Bank is making a bid to become the European Union’s proving ground for a central bank digital currency
America’s Banks Can Simply Bail Themselves Out – Thanks to the Fed’s $27 Trillion Blackrock Deal
20.4.2020
Mainstream media has been awfully quiet about all the fraud and manipulation stemming from the global bureaucracies’ newly enacted covid-19 reaction policies. In the U.S. amid all the commotion and fear, the Federal Reserve granted special powers to the giant private equity firm Blackrock....
The Digital Yuan Is Being Tested for a Workers’ Subsidies Scheme in Suzhou
16.4.2020
Official media has confirmed that the digital yuan is being tested as part of a transport subsidies scheme for local workers
China’s Digital Yuan Reportedly to Test in Four Cities
15.4.2020
A testing app for China’s forthcoming central bank digital currency appears to be ready for download in four cities
Libra Stablecoin is Still a Major Threat to Bitcoin: Economist
15.4.2020
Will Facebook’s Libra stablecoin emerge as Bitcoin’s strongest competitor? Economist John Vaz believes so
Inside China’s Plan to Power Global Blockchain Adoption
14.4.2020
China is about to launch its national blockchain platform, part of Beijing’s grand strategy to lead the digital transformation of the world economy
ECB Expects Worse Recession in Europe Than Global Economy
14.4.2020
The European Central Bank (ECB) expects the European economy to suffer a more severe recession than the global economy. Countries across the euro area will experience “a deep recession,” which entails unprecedented funding needs of more than €1 trillion ($1.1 trillion), explained...
Brazil’s New Blockchain Data Tool Cost $250K, Runs on Quorum
10.4.2020
Brazil's central bank spent 1.3 million Brazilian reals (USD $250K) over two years building its new database for financial regulators on Quorum, replacing a slow and expensive paper-based system with a fully digitized version
Two Versions of Digital Dollar Emerge as Contenders, but Unlikely to Come Soon
8.4.2020
The digital dollar may become a reality soon, but there are two different ways to bring it about. Which one will prevail, and how soon will it be?
Sweden’s ‘Lagom’ Response to Coronavirus: No Masks, Keep The Economy Going With a “No Limit” Printing Press
7.4.2020
The Coronavirus in Sweden has so far claimed 611 deaths, with 7849 confirmed cases. Swedish people still send their kids to school and are not hoarding much of anything compared to countries like the US. But just like in most of the world many businesses are hit hard, and the country's central bank...
China Will ‘Undoubtedly’ Pursue Digital Yuan, Central Bank Says
6.4.2020
The People’s Bank of China has sent one of its strongest signals yet of a commitment to creating a digital national currency