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Joe Rogan and Post Malone criticize US CBDC
The entertainment industry is diving into the Central Bank Digital Currencies (CBDCs) debate, with Joe Rogan and rapper Post Malone expressing their concerns. On the “Joe Rogan Experience” podcast, which boasts over 11 million listeners per episode, the two discussed… дальше »
2023-8-12 19:06 | |
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Bitcoin holders display resilience despite market downturn triggered by Silicon Valley Bank collapse
Quick Take Tracing back to 155 days ago, the financial landscape encountered substantial turbulence with the collapse of Silicon Valley Bank around March 9 and 10, resulting in Bitcoin price plummeting below the $20,000 mark. дальше »
2023-8-12 19:00 | |
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Bank of America: Paypal Stablecoin (PYUSD) Immediate Adoption Might Be Subdued
Coinspeaker Bank of America: Paypal Stablecoin (PYUSD) Immediate Adoption Might Be Subdued The introduction of PayPal stablecoin (PYUSD) represents a groundbreaking development in the realm of stablecoins and digital currencies. дальше »
2023-8-14 17:32 | |
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San Francisco’s SoFi Bank Reveals Significant Holdings In BTC, ETH, And DOGE
San Francisco’s SoFi Bank, a rising financial institution with 6. 2 million customers, has unveiled its substantial cryptocurrency holdings, demonstrating a proactive embrace of the evolving digital asset landscape. дальше »
2023-8-11 17:00 | |
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PayPal’s Stablecoin Not Likely to Be Used Widely Anytime Soon: Bank of America
Investors are likely indifferent to which stablecoins they hold as long as they are perceived as safe and accessible on the largest trading platforms, the report said. дальше »
2023-8-12 14:02 | |
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Canadians barely interested in CBDC with 98% of citizens banked
The Bank of Canada conducted research to understand how citizens would behave in a hypothetical cashless environment toward CBDC. The research paper analyzes the role of CBDC in the potential cashless scenario. дальше »
2023-8-11 12:27 | |
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New Bank of Canada Research Highlights Lack of Appeal for CBDC Adoption
The paper notes, "Ownership and use of other crypto instruments for payments is even less significant. " This means there aren't many compelling reasons for customers to switch to CBDC, especially given that their use of current payment methods is often trouble-free. дальше »
2023-8-11 10:43 | |
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Circle Relying on $1B Cash Reserves Amid Shrinking Supply and Heated Competition
Circle is using its $1 billion cash reserves to counter a decline in USDC supply and compete with new entrants in the stablecoin market. The firm attributes the decline to Binance's withdrawal and a crisis of confidence following exposure to the bankrupt Silicon Valley Bank. дальше »
2023-8-11 08:20 | |
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Bank of England requests academic input on CBDC
The Bank of England (BoE) and HM Treasury issued a call for interest, seeking academic experts to join a new advisory group focused on central bank digital currencies (CBDCs) дальше »
2023-8-10 21:32 | |
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India Central Bank Explores Use of Artificial Intelligence to Make Instant Payments
The Reserve Bank of India (RBI) has proposed integrating artificial intelligence (AI) into its Unified Payment Interface (UPI) system to allow users to initiate and complete payments via voice commands. дальше »
2023-8-10 19:00 | |
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Ripple And Bank For Int’l Settlements Team Up For Payments Taskforce – A Boost For XRP Price?
Ripple, the revolutionary blockchain-based payment solutions provider, has achieved a significant milestone by becoming an official member of the “cross-border payments interoperability and extension taskforce” within the prestigious Bank for International Settlements (BIS). дальше »
2023-8-10 14:50 | |
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Russia to launch CBDC pilot in August
The pilot program will expand its functionality towards the end of 2023. Russia was trying to tackle the financial strain due to Western sanctions through CBDCs. Russian central bank, The BaThe post Russia to launch CBDC pilot in August appeared first on AMBCrypto. дальше »
2023-8-10 09:30 | |
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Russian central bank to launch digital ruble pilot Aug. 15
Russia’s central bank announced on Aug. 9 that it will initiate testing its digital ruble with banks, consumers, and businesses in mid-August. Olga Skorobogatova, First Deputy Governor of the Bank of Russia, said: “The launch of pilot operations with real digital rubles is the most important stage of the project. дальше »
2023-8-10 05:00 | |
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Dead On Arrival? Surveys Reveal That Russians Have Little Interest In Digital Ruble
The majority of Russian citizens seem to have no interest or trust in the Russian central bank digital currency (CBDC), according to two recent consumer surveys. This comes days after the Bank of Russia (BoR) unveiled the digital ruble’s official logo and commission fees. дальше »
2023-8-10 04:00 | |
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Federal Reserve will require state banks to get written ‘non-objection’ from central bank before engaging with stablecoins
The U. S. Federal Reserve has issued new guidelines for state member banks regarding activities involving stablecoins or “dollar tokens. ” According to these guidelines, banks must secure a written non-objection from the regulator before engaging in any such activities. дальше »
2023-8-10 22:30 | |
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Israeli Bank Refuses to Accept Retiree’s Bitcoin Gains
Israeli citizen Esther Freeman has settled a two-year legal dispute with Hapoalim Bank, which had refused to accept deposits from her Bitcoin profits due to regulatory concerns. The specific terms of the settlement are undisclosed. дальше »
2023-8-10 19:15 | |
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Microsoft and Aptos Labs partnership sends APT token soaring
Aptos Labs, the developer of layer1 blockchain network Aptos (APT), has partnered with Microsoft to “unlock Web3,” according to an Aug. 9 press statement shared with CryptoSlate. The blockchain network stated that the partnership would explore asset tokenization, payments, and Central Bank Digital Currencies (CBDCs). дальше »
2023-8-9 19:14 | |
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13 banks to participate in Russia’s CBDC pilot program
The pilot program will start on August 15, 2023. 13 Russian banks will participate in the pilot program being conducted by the Bank of Russia (BoR). During the test, users will be able to use digital rubles to make purchases at 30 retail locations spread across 11 Russian cities. дальше »
2023-8-9 17:26 | |
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Japanese fintech to launch cross-border CBDC in Asia
Japanese fintech firm, Soramitsu, is developing a cross-border payment system in Asia, utilizing CBDCs and blockchain. Soramitsu, a Japanese fintech firm, is working on developing a cross-border payment framework for Asian countries, incorporating the central bank digital currency (CBDC) of… дальше »
2023-8-9 11:46 | |
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Hedera Adopted by South Korea’s Oldest Bank, HDR and $ROE Rally in Sync
In a recent groundbreaking development, South Korea’s oldest bank, Shinhan Bank, adopted Hedera Hashgraph’s technology, an event that’s not only exciting for HDR holders but also for Borroe’s $ROE enthusiasts. дальше »
2023-8-9 00:59 | |
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Brazil to launch CBDC ‘DREX’ in 2024 said to improve financial accessibility amid centralization concerns
The Central Bank of Brazil has unveiled its upcoming digital currency, ‘DREX. ’ As reported in a live video from the Central Bank, DREX will be a digital representation of the Brazilian real, with the capacity to interact with other digital assets. дальше »
2023-8-8 18:30 | |
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Bank of England proceeds with plans for systemic stablecoin regime
With the Financial Services and Markets Act 2023, the Bank of England can set up a systemic stablecoin regime. The government has stated that it will continue to assess its strategy with nationThe post Bank of England proceeds with plans for systemic stablecoin regime appeared first on AMBCrypto. дальше »
2023-8-8 16:00 | |
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Binance sold USDC for BTC & ETH after Silvergate bank collapse: PoR report
Binance’s depleting USDC reserves has become a hot topic in the crypto ecosystem, especially after Coinbase CEO’s quip during the company’s Q2 earning call. дальше »
2023-8-8 12:04 | |
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Singapore’s Central Bank Commits $112 Million to Drive Fintech Innovation
Singapore will invest $112 million in technological growth and development. The post Singapore’s Central Bank Commits $112 Million to Drive Fintech Innovation appeared first on BeInCrypto. дальше »
2023-8-8 19:00 | |
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Cryptocurrency Buying Trend On The Decline In Latvia, Central Bank Says
Latvijas Banka highlighted the decline in interest and use of cryptocurrency among Latvians in its “Financial Stability Report” for 2023. Only 4% of people, down significantly from the 8% seen in February 2022, bought crypto assets, the central bank study claims. дальше »
2023-8-6 17:15 | |
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CBDC: Honduras Central Bank Initiates Pilot Studies Toward Digital Currency Launch
The Central Bank of Honduras (BCH) has taken a significant step toward the potential launch of its own central bank digital currency (CBDC) by initiating a pilot study and opening a public consultation. дальше »
2023-8-6 16:09 | |
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Crypto-Friendly Bank Revolut Shuts Down Services In The US
Global neobank and financial services company, Revolut shocks the US crypto community with news of its decision to discontinue and prohibit cryptocurrency services for its US customers. Revolut’s US crypto termination decision is a significant setback for US users who use the banking platform to access and manage their cryptocurrency assets. The news could possibly […] дальше »
2023-8-5 01:00 | |
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Bank Of Canada Study Shows Crypto Ownership In The Country Fell In The Last 2 Years
A recent study by the Bank of Canada (BoC) has shown a decline in the ownership of cryptocurrencies over the two years. The BoC has attributed this decline in crypto ownership to ecosystem collapses, regulatory hurdles, and price depreciation. дальше »
2023-8-5 22:00 | |
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Russia Accelerates CBDC Launch Efforts, Issues Ruble’s Logo And Fee Rates
Following President Putin’s digital ruble bill endorsement on July 24, the Bank of Russia (BoR) has ramped up its Central Bank Digital Currency (CBDC) launch plans. On August 3, the bank unveiled the corporate identity of the digital ruble. дальше »
2023-8-4 22:00 | |
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Bank of Russia kicks off digital ruble operations with free transactions until 2025
The Bank of Russia said transactions in the country’s Digital Ruble currency would be free till 2025, according to an Aug. 3 statement. After 2025 businesses and legal entities transacting with the Central Bank digital currency (CBDC) would be charged a small fee for their usage. дальше »
2023-8-5 19:15 | |
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Today’s Crypto Chronicles: Unveiling the Latest Events in the Cryptocurrency Realm
Crypto Landscape Today: Insights into Current Trends Impacting Bitcoin Valuation, Blockchain Innovation, DeFi Evolution, NFT Surges, Web3 Advancements, and Regulatory Developments. Canadian Crypto Holdings Decline Amidst Stringent Rules and Price Dips The Bank of Canada (BoC) has unveiled a study revealing a downturn in cryptocurrency and Bitcoin ownership within the nation throughout 2022. дальше »
2023-8-4 18:40 | |
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Revolut Suspends U.S. Crypto Platform Over Regulatory Uncertainty
The digital bank said U.S. customers will not be able to access crypto via its platform starting Oct. 3. дальше »
2023-8-4 14:35 | |
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