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China’s Digital Currency Still has No Launch Date But Will Continue its Development in 2020

China’s central bank said on Sunday that it doesn't have a launch date for its sovereign digital currency but will continue with its research and development, as per the local reports. A report in August said the central bank-backed digital currency could be launched as early as November but that is long gone. Last month, […] дальше »

2020-1-6 21:59


China’s Central Bank Digital Currency is “Digital Form of the Yuan” & “Not for Speculation”

China’s new sovereign digital currency would not be open to speculation like other cryptocurrencies, said a Chinese central bank official on Saturday. Mu Changchun, head of the People’s Bank of China’s digital currency research institute said it would be a “digital form of the yuan” that wouldn’t need the backing of a basket of fiat […] дальше »

2019-12-23 19:11


RBI Governor Rules Out Private Digital Currencies But Discussion Underway For A Centralized One

India's Central Bank, the Reserve Bank of India (RBI) governor has ruled out the private digital currencies like Libra, asserting government's right over this function. Saktikante Das told reporters on Tuesday: “The world over, central banks and the governments are against private digital currency because currency issuance is a sovereign function and it has to […] дальше »

2019-12-6 18:28


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Will China Adopt Blockchain for its Social Credit System?

They said blockchain would bring freedom by challenging world governments and greedy financial institutions. But what if blockchain is the ideal tool to enable totalitarianism? What if China Moves its Social Credit System to Blockchain? A few weeks ago, Chinese President Xi Jinping surprised the world by calling blockchain an important breakthrough, and announcing extra funding for the technology. дальше »

2019-11-15 21:00


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Former U.S. Fed Chairman Alan Greenspan Discusses Digital Currencies and Libra

Alan Greenspan, the second longest-serving chairman of the Federal Reserve, has denounced sovereign digital currencies as pointless at an economic conference in China. According to CNBC, Greenspan also criticized Facebook by claiming that the sovereign credit of the United States was stronger than anything Facebook could create or imagine, November 12, 2019. дальше »

2019-11-13 18:00


European central banks could ‘band together’ to issue a CBDC

We live in a world where we rarely act, but often react. Europe is playing on that very tendency. From the East and the West of the continent, digital currencies are being embraced rapidly. On the other side of the Atlantic, Facebook, the social media giant, sent shockwaves throughout the corporate and sovereign world by […] The post European central banks could ‘band together’ to issue a CBDC appeared first on AMBCrypto. дальше »

2019-10-25 16:30


Saudi Arabia Joins SoftBank in Biggest-Loser Club with $1.1 billion Uber Loss

Uber Technologies’ (NYSE:UBER) fifth largest shareholder, the sovereign wealth fund of Saudi Arabia, has now lost over a billion dollars by investing in the ride hailing firm. Based on the most recent holdings report to the SEC, the Kingdom of Saudi Arabia’s Public Investment Fund currently owns 72,840,541 shares in Uber Technologies. дальше »

2019-10-23 20:00


Malaysia officially opens Blockchain Village at Medini (BVAM)

Malaysia officially opens Blockchain Village at Medini (BVAM) - CryptoNinjas Khazanah Nasional Berhad, the sovereign wealth fund of the Malaysian government, along with its wholly-owned subsidiary i2M Ventures Sdn Bhd, has officially launched the Blockchain Village at Medini (BVAM) to further support growth of the blockchain ecosystem in Malaysia. дальше »

2019-10-17 19:53


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Russia Remains Crypto-Aware but Doesn’t see the need for a National Digital Currency

President of the Russian Central Bank, Elvira Nabiullina, believes there is no immediate need for Russia to explore launching a sovereign digital currency. Despite having studied and researched these topics, the central bank doesn’t believe there are any obvious benefits to the economy, as reported by TASS, October 10, 2019 Happy With Current Monetary RegimeRead MoreRead More. дальше »

2019-10-11 21:00


Anonymous KYC Solution Could Make DEX Model More Viable

An experimental application could help decentralized exchanges comply with regulations without compromising user privacy. Announced jointly today by DeversiFI and the identity management platform, Iden3, the TrustCommunity experiment application allows anyone to create sovereign identities that could be used across multiple applications and protocols. дальше »

2019-10-2 17:09


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David Marcus: Libra Cryptocurrency is not a Threat to Sovereign Currencies

Facebook executive David Marcus, has come out to debunk reports about the Libra cryptocurrency being a threat to sovereign currencies, in a thread on September 16, 2019.   Working With, Not Against There have been reports that Facebook’s cryptocurrency, libra, was created to threaten sovereign currencies of nations. дальше »

2019-9-17 20:32


Middle-Eastern Sovereign Wealth Fund Invests Big in Crypto Exchange Called ‘MidChains’

As per an all-new report released by a UAE media outlet late yesterday afternoon, Mubadala Investment Capital — the world’s thirteenth largest sovereign wealth fund — has just made a huge investment in MidChains (a crypto trading platform that is all set to go live in Abu Dhabi by the end of this year). According […] дальше »

2019-8-12 19:35