2021-11-27 14:44 |
The Bank of England promotes CBDCs as a “revolution of money,” while Brits are not really willing to use it.
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Digital fiat, formally known as CBDCs, is picking up steam as more national banks pay attention to the digital revolution occurring in the financial sector. The latest body looking into CBDCs is the European Central Bank.
2021-10-29 22:39 | |
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The well-known economic historian connects the dots between bitcoin and CBDCs in the COVID-19 money era.
2020-12-6 17:00 | |
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Watch the full session from Ripple Swell Global 2020 today. With China set to launch the world’s first Central Bank Digital Currency (CBDC) by the end of the year, pressure is mounting on the world’s other major central banks to join the digital revolution.
2020-11-3 00:59 | |
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USDC stablecoin issuer Circle is planning on moving its legal base from Ireland to the U.S. as an IPO looms. Stablecoin issuer Circle is working on shifting its legal base to the US from Ireland, as the company gears up…
Former Commodity Futures Trading Commission Chair J. Christopher Giancarlo will join the board of directors at Paxos.
Christopher Giancarlo, former CFTC chief has joined Paxos board. Giancarlo’s advocacy for blockchain innovation aligns with Paxos’ mission for regulated solutions. Paxos aims to drive financial sector innovation with Giancarlo’s guidance on board.
Robert Kiyosaki, the author of the bestselling personal finance book “Rich Dad, Poor Dad,” has fired another financial warning shot, this time targeting the US dollar and a potential challenger – a gold-backed stablecoin from the BRICS nations (Brazil, Russia, India, China, and South Africa).
BSP approves pilot for PHPC, a Peso-backed stablecoin, in collaboration with Coins. ph. Sandbox testing to evaluate PHPC’s real-world performance and impact on local fiat ecosystem. Transition to real-world usage subject to final evaluations and approvals by central bank.
The stablecoin already enjoys a dominant position in stablecoins and its integration with the TON (Telegram) network could boost it further, says Sylvia To, head of partnerships and token research at Bullish.
Investors remain bullish as stablecoin market cap hits $161 billion, reflecting strong liquidity and smart money movements. The post More liquidity: stablecoin market cap grows $4 billion despite Bitcoin’s pullback appeared first on Crypto Briefing.