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Sweden explores the feasibility of shifting to a digital currency
Sweden’s government is set to start assessing the practicability of moving the country to a digital currency. Per Bolund, Sweden’s minister for financial markets and housing, revealed this news on December 11, noting that the government had launched a review on the topic. дальше »
2020-12-15 17:12 | |
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Swedish Government Launches Exploration Into Digital Krona
The Swedish government was one of the first in Europe to explore a possible Central Bank Digital Currency (CBDC). It has now moved into an exploratory phase, with a panel studying the potential benefits and consequences of digitizing its currency. дальше »
2020-12-12 17:49 | |
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This Bitcoin Rally Is Much ‘Quieter’ than Previous Cycles
Bitcoin was on the rise before the start of the pandemic, but these global issues, mixed with government inflation from a variety of governments across the world, highlights the necessity of a decentralized and deflationary currency like BTC. дальше »
2020-12-9 10:22 | |
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Suzhou Government to Airdrop $3 Million in Digital Yuan for CBDC Trial
The Suzhou government is set to carry out a test on China’s central bank digital currency (CBDC) by conducting a digital yuan airdrop via a lottery program, which will see the distribution of $3 million worth of digital yuan to some lucky winners. дальше »
2020-12-5 14:00 | |
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World Gov’ts Continue Revealing Developments and Concerns on CBDC
The anticipation was great when Jerome Powell, the Chair of the United States Federal Reserve, finally addressed the government’s position on digital currency and the potential role of a central bank digital currency (CBDC) for domestic and international cross-border payments, on Oct. дальше »
2020-11-6 14:29 | |
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OCC’s Brian Brooks Against Government Issued Digital Dollar – Supports Regulation of Privately Issued Stablecoins
The acting director of the U. S. Office Comptroller of Currency (OCC) Brian Brooks says the creation of the U. S. digital dollar is a terrible one because the government is not good at building things. дальше »
2020-11-1 16:30 | |
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Iranian Authorities Eye Bitcoin (BTC) for Payment of Imports
The Iranian government has made it compulsory for bitcoin (BTC) miners in the country to sell their coins to the state, so authorities can use the digital currency to pay for imports amidst crippling international sanctions, according to reports on October 30, 2020. дальше »
2020-10-31 20:00 | |
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Digital Ruble Could Be a Reality in a Few Short Years, Says Russia
Russia’s government says that a Russian ruble will come about in three to seven years. It believes that a central bank-backed digital currency (CBDC) could help make payments transparent, thus fighting corruption and poverty. дальше »
2020-10-24 18:00 | |
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$1.3M in Chinese Digital Yuan Were Spent In The Largest DCEP Test Run in Shenzhen Province
China is on the verge of completing trials and pilot programs for its national digital currency for the Yuan, which they are calling DCEP. The CBDC, which has been under development for over half a decade, is currently being put to the test through various government subsidies and as a form of payment in selected […] The post . дальше »
2020-10-22 21:56 | |
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China Trials Central Bank Digital Currency with $1.5 Million in Handouts
China continues to push on with its central bank-issued digital currency trials. The latest initiative saw 50,000 citizens receive the digital yuan to use at real-world retailers. The government of the tech hub region of Shenzhen sent out a total of almost 10 million yuan (~$1. дальше »
2020-10-14 14:36 | |
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Inflation Hit Ethiopia Demonetizes Currency To Curb Cash Hoarding
The Ethiopian government has unveiled a new set of banknotes that are expected to help authorities in curbing cash hoarding, illegal trade and illicit financial flows. The move is also aimed at boosting the liquidity of banks that are struggling to cope with Ethiopia’s cash-based economy. дальше »
2020-9-18 00:15 | |
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China’s Digital Yuan Is Legally Compensatory to Local Fiat Currency
Coinspeaker China’s Digital Yuan Is Legally Compensatory to Local Fiat CurrencyThe digital yuan introduction is seen as a silent way for the Chinese government to make a huge move in accordance with the global market need and also a way to control the fast-growing ‘uncontrolled’ crypto industry. дальше »
2020-9-15 16:24 | |
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Indian Think Tank Founder Says Bitcoin Should Not Be Legalized As A Private Currency
Indian entrepreneur and founder of BEGIN Think Tank, Deepak Kapoor, calls on the countries' financial authorities and government to implement regulations on the cryptocurrency space in a bid to prevent the illicit use of the “innovative technology. дальше »
2020-9-10 20:17 | |
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“Very Anti-Bitcoin” Podfather, Adam Curry, Shills BTC on Joe Rogan Podcast
Podfather Adam Curry recently came on Joe Rogan’s Podcast, and he had all the praises for the crypto king: Bitcoin. Interestingly, Curry wasn’t a bitcoin enthusiast until the government’s monetary policies and bitcoin’s store of value changed his stance on the leading digital currency. дальше »
2020-9-9 17:25 | |
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Venezuela Blocks Access to Coinbase & Currency Exchange Platform MercaDolar
Venezuela is blocking access to currency exchange platforms, reported a digital rights advocacy group of the country. According to VE Inteligente, the government under President Nicolas Maduro is not allowing its citizens to access the US cryptocurrency exchange Coinbase and the remittance platform MercaDolar. дальше »
2020-9-9 16:39 | |
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Bitcoin Slips in Latest Crypto Ranking by Chinese Government-Backed Center
China’s Center for Information and Industry Development has revised its rankings of 37 crypto projects. Bitcoin has fallen from the previous ranking. As the Chinese government focuses on launching its central bank digital currency, the Center for Information and Industry Development (CCID), under China’s Ministry of Industry and Information Technology, continues to evaluate and rank […] The post Bitcoin Slips in Latest Crypto Ranking by Chinese Government-Backed Center appeared first on Bitcoin News. дальше »
2020-8-29 19:30 | |
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Hyperinflation and Currency Collapse Fears After Zambian President Fires Central Bank Governor
Zambian President Edgar Lungu fired the country’s central bank governor Denny Kalyalya last week sparking fears that government wants to end the institution’s independence. Kaylalya was immediately replaced by Christopher Mvunga who reportedly has close ties to the President. дальше »
2020-8-26 08:30 | |
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Coinbase-Backed Exchange Dodges Venezuelan Government to Distribute Seized Funds
AirTM, a digital currency exchange backed by Coinbase is distributing funds seized in connection to corruption from the Maduro administration in Venezuela. The corruption funds, totaling $18 million, are being given to more than 62,000 healthcare workers. дальше »
2020-8-24 17:01 | |
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Inflation Is About To Hit The Roof And Bitcoin Is The Only Long-Term Hedge, Says BTC Whale Tyler Winklevoss
The world economy is in shambles. Governments, especially the US government, are printing billions in fiat money every other month. With this going on, fiat currency is going to lose a significant fraction of its value in the near future. дальше »
2020-8-14 20:16 | |
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Bitcoin-friendly Japan confirms digital yen and its a boost for crypto
The Japanese government confirmed yesterday it will assess and develop a digital currency in the coming months. The post Bitcoin-friendly Japan confirms digital yen and its a boost for crypto appeared first on CryptoSlate. дальше »
2020-7-17 16:00 | |
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Japanese Government to Consider CBDC in Economic and Fiscal Policy
The Japanese government is looking to include a central bank digital currency (CBDC) in its 2020 economic and fiscal policy framework. Japan to Collaborate with the U. S. and Europe on Digital Yen According to a report by Nikkei on Tuesday (July 14, 2020), the Japanese government is considering discussions on CBDC. дальше »
2020-7-16 01:00 | |
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China Forges Ahead With Digital Yuan in Food Delivery
The Chinese government continues to maintain its global dominance in the digital sovereign currency sphere. Meituan Dianping, a food delivery service company supported by Tencent Holdings, will likely be the first test case. дальше »
2020-7-16 18:51 | |
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Japan’s Govt. Is Strongly Considering Launching A CBDC In Cooperation With The US and Europe
Japan is increasing its efforts in developing a central bank digital currency (CBDC), reported the largest financial paper in Japan, Nikkei on Wednesday. The post further confirms that the Japanese government plans to add the development of a digital yen into its policy framework this year. дальше »
2020-7-15 18:11 | |
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China’s Giant Ride-Hailing Service Didi to Pilot the Central Bank’s Digital Yuan
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 in a “strategic partnership. дальше »
2020-7-9 16:20 | |
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Tax Haven Monaco Considers Digital Tokens for Social Projects
Monaco, long known as a tax haven and a playground for billionaires, is close to becoming a digital currency hub after the government approved an ambitious security token project’s broader issuance plans on Thursday, reports CoinDesk. дальше »
2020-6-26 21:07 | |
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From Global Recession to Global Depression? The Fed End-Game
Satoshi Nakamoto famously quoted the Times in the genesis block of Bitcoin. The message showed that the government was on the brink of a second bank bailout early in January 2009. Nakamoto’s analysis had shown him that central bank meddling would leave entire nations without a trustworthy currency. дальше »
2020-6-21 21:31 | |
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Financial Author Thinks Bitcoin Is “Likely” To Become the World Reserve Currency
Bitcoin has faced down many setbacks over recent years. BTC trading has been banned by the Chinese government. Executives from Goldman Sachs and other institutions have come out against the cryptocurrency. дальше »
2020-6-15 23:00 | |
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Protests Rage In Lebanon Over Currency Collapse; Trust Gov’t, or Buy Bitcoin?
Buying Bitcoin is so far the best way to bet against the government in its handling of money. As Satoshi intended, it is where money and state separate. While it was born in the aftermath of the 2008 financial crisis when all trust in government was lost, world governments have been masking their financial and […] дальше »
2020-6-12 18:47 | |
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Swiss Financial Regulator, FINMA, Licenses Local Bank To Carry Out The Crypto Transactions
Switzerland’s top financial regulator, Financial Market Supervisory Authority (FINMA) grants local banks, InCore, the first license to transact digital currencies. This adds to the accelerated efforts from the Swiss government in the blockchain field so far in 2020 with the government looking to implement a central bank digital currency (CBDC). InCore, first Swiss bank licensed […] дальше »
2020-5-31 16:23 | |
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China’s Digital Currency Could Emerge Sooner Rather Than Later
The Chinese government has been working swiftly to digitize its currency. The stakes, however, are rising. After adopting blockchain technology as part of its national program last year, it became clear that China’s own ‘digital yuan’ (DCEP) would someday be released. дальше »
2020-5-28 05:15 | |
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Bitcoin Proponents have a solution for hyperinflation as Iran erases four zeros off its currency
The fallout between the United States and the Iranian government, which led to the implementation of strict sanctions by the United States has begun to intensely affect the performance of the Iranian currency. дальше »
2020-5-7 14:33 | |
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Lebanese Currency Collapse: Failed Policies Led to Economic Meltdown
Lebanon is facing an unprecedented economic crisis and the local currency has already lost about 60% of its value. The central bank’s policies have come under fire while citizens are protesting how the government handles the economic meltdown which led to people’s living situation deteriorating “terrifyingly. дальше »
2020-5-5 20:30 | |
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Bank of Japan Prepared to Buy Unlimited Govt Debt in Pandemic’s Wake
The Bank of Japan has just announced that there will be no limit to the amount of yen available to finance the buying of government bonds. Essentially, the central bank is now prepared to create as much fiat currency as is needed to support the struggling economy. дальше »
2020-4-28 09:15 | |
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As Libra pivots, members jump ship for Celo
When Libra was first announced in June 2019, it was pitched as a global digital currency pegged to a basket of bank deposits and short-term government securities. These assets were to be denominated in a range of historically stable international currencies, including the dollar, pound, euro, Swiss franc and yen. дальше »
2020-4-24 00:00 | |
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China Begins Trials for its Sovereign Digital Currency
The digital currency developed by the Chinese central banks and government will certainly be something to behold. It now seems that the first trial run of the currency is underway. It has been rumored for some time now, but China’s national digital currency has finally arrived. дальше »
2020-4-22 05:00 | |
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China: State-Owned Bank Agricultural Bank of China Begins Testing CBDC
Agricultural Bank of China (ABC), one of the “Big Four” financial institutions controlled by the government of the People’s Republic of China (PBoC), has launched a mobile application for testing the nation’s central bank digital currency (CBDC) dubbed DE/CP. дальше »
2020-4-15 21:00 | |
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Key Government Figure Says Japan Needs a Digital Yen — and Fast
According to a key figure in the Japanese Government, the Asian nation should quickly launch its own digital currency
дальше »2020-3-20 08:54 | |
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Here’s How Bitcoin’s Current Supply Would Look Like in 3D
Bitcoin is experiencing one of the most challenging periods in its twelve-year history, but let’s leave the panic aside and imagine what the largest crypto would look like if it were physical. How Much Space Would Bitcoin Get? Most regulators and government officials prefer to refer to Bitcoin as virtual currency, and for very good reasons – the cryptocurrency supply resides on servers rather than our pockets and suitcases. Thanks to the magic of blockchain, […] дальше »
2020-3-14 16:00 | |
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2020 US Presidential Candidate Proposes Launch Of AmeriCoin Backed By ‘All’ Federal Assets
According to Kokesh, the proposed token will enable the American government to relinquish power back to the locals. The AP press release further wrote that AmeriCoin will develop a new monetary system that replaces the outdated and largely expensive fiat currency for the American people. дальше »
2020-3-13 20:41 | |
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China’s CBDC Research Delayed Due To Coronavirus Outbreak; Will It Launch In 2020?
According to local media, Global Times, a reliable government resource has confirmed that the planned launch of its digital currency electronic payment (DCEP) will not launch in the first quarter of 2020 due to the spread of CoronaVirus. дальше »
2020-2-26 17:24 | |
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Russian Oligarch Given Green Light for Private Digital Currency
Vladimir Potanin, a Russian businessman with interests in the metal and airline industry, has been given permission by the Russian government to launch his own blockchain – Atomyze – with a digital currency for customers to use while transacting with his business. дальше »
2020-2-26 18:00 | |
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Japan’s Liberal Democratic Party urge the Government to consider digital currency options
Members of Japan’s ruling Liberal Democratic Party have put forward a proposal urging the government to prepare to issue a digital currency. дальше »
2020-2-18 14:09 | |
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Japan’s Liberal Democratic Party urges the Government to consider digital currency options
Members of Japan’s ruling Liberal Democratic Party have put forward a proposal urging the government to prepare to issue a digital currency. дальше »
2020-2-19 14:09 | |
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US Department of Justice Is Criminalizing Onchain Privacy, Starting With Mixers
The American government’s long-running war on privacy escalated this week following the arrest of Coin Ninja’s Larry Harmon on money laundering charges. A Department of Justice statement that “seeking to obscure virtual currency transactions in this way [using mixers] is a crime” means that bitcoiners risk prosecution simply for exercising their right to privacy. дальше »
2020-2-14 15:00 | |
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Conservative U.S. Think Tank Denies Need for Federal Digital Currency
The government should ensure consumers can use the preferred currency instead of launching a digital currency, according to U.S. think tank the Heritage Foundation
дальше »2020-2-13 20:42 | |
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