2020-7-30 18:58 |
The Philippine central bank has confirmed in a virtual briefing that it has formed a committee to look into issuing a digital currency.
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News has surfaced that the Japanese Central Bank will now focus their efforts on the development of the digital Yen. This is a there is growing concern that China might beat them by issuing the CBDC first.
2020-7-29 19:39 | |
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The central bank of the Philippines is looking into issuing and implementing a central bank digital currency (CBDC). The Bangko Sentral ng Pilipinas (BSP) has created a team of experts to look into the feasibility and policy implications of issuing a CBDC.
2020-7-29 15:45 | |
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The central bank of the Philippines is taking steps to study the issuing of its own digital currency, following other large countries, including Japan and China
2020-7-29 15:15 | |
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The Bank of Japan (BoJ) formed a new team to speed up research into the possibility of issuing a central bank digital currency (CBDC). However, the apex bank has no immediate plans to launch a digital yen.
2020-7-20 17:00 | |
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South Korea’s central bank, the Bank of Korea (BOK) has set up a legal advisory committee that will look into any possible regulatory roadblocks when issuing its planned central bank digital currency (CBDC).
2020-6-16 19:07 | |
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South Korea’s central bank plans to conduct an in-depth review of the modalities required for issuing a central bank digital currency (CBDC). The news is the latest example of the country’s focus on digital innovation amid the backdrop of China’s advancement in the CBDC sphere.
2020-6-16 14:02 | |
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Belarus Central Bank authorizes several banks in the country to begin issuing tokenized offerings.
2020-6-13 20:36 | |
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The Bank of Mauritius is inching closer to issuing a retail-focused central bank digital currency (CBDC), its governor confirmed Tuesday.
2020-5-13 18:59 | |
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The central bank of South Korea announced today the launch of a pilot scheme to test the viability of its own digital currency to replace its current payment systems. Although the Bank of Korea explicitly notes that it has no plans of issuing the digital currency immediately as there is still significant demand for cash, […]
2020-4-6 16:22 | |
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Central banks across the globe are now pondering on the question of issuing a central bank digital currency [CBDC]. Having started with Facebook's Libra and China's public embrace of blockchain last yThe post United States' fiat currency needs re-evaluation, in light of digital Yuan appeared first on AMBCrypto.
2020-3-31 11:30 | |
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The People's Bank of China is getting nearer to releasing its digital currency, reports The Global Times. According to the latest report, China’s central bank in collaboration with private companies has completed the development of the basic function of the autonomous digital currency and is now drafting laws for its circulation. Many companies in the […]
2020-3-24 18:23 | |
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The Eastern Caribbean Central Bank will start issuing its blockchain-powered CBDC later this year, but will it beat China and others to the punch?
2020-3-18 16:03 | |
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Bitcoin proponent and co-founder of Morgan Creek Digital, Anthony Pomplaino in his recent interview with CNN's Julia Chatterley talked about central banks increasingly considering issuing their own digital currencies.
2020-2-26 17:53 | |
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Central banks around the world are assessing the benefits of issuing a state-controlled digital currency after China announced that it is close to launching its digital yuan and Facebook launching Libra.
2020-2-26 22:35 | |
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Sweden is getting closer and closer to issuing its own central bank digital currency (CBDC), as it already started testing the e-krona. The pilot program for the new digital currency is supposed to last for a year and thus, to end in February 2021.
2020-2-21 23:03 | |
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Congressman tells Federal Reserve Chair that the U.S. is at the tipping point of issuing its central digital currency
2020-2-12 02:36 | |
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Bitcoin would benefit from global central banks issuing their own digital currencies, founder of Grayscale Investments said
2020-2-12 22:47 | |
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The US Federal Reserve (Fed) is the latest major central bank to consider issuing its own digital currency. Last month, its European, British, and Japanese counterparts formed a group to study the benefits of the so-called central bank digital currency (CBDC).
2020-2-6 14:30 | |
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According to a Bank of Japan’s (BoJ) deputy governor, the country needs to keep on doing research on what issuing a central bank digital currency (CBDC) would mean, even if a launch is not yet in the cards.
2020-1-31 20:23 | |
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A fifth of the world's population may well have access to a central bank digital currency in as little as three years, according to a BIS survey.
2020-1-24 16:02 | |
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Cryptocurrencies are any digital currency with no central issuing, regulating authority, one that exists only on a decentralized ledger called blockchain. Sounds clear enough, right? Well, not quite, The post Crypto-Taxation: Imperfect, Imposing, Imperative? appeared first on AMBCrypto.
2020-1-13 18:00 | |
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The President of the European Central Bank, Christine Lagarde, says the ECB needs to stay ahead of the curve when it comes to digital currencies. Will the European Central Bank be the first to deploy a central bank digital currency?
2019-12-22 14:05 | |
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Going by recent headlines, it appears as though central banks around the world are planning to or in the process of creating their own digital currencies. The coins, by their disruptive nature, are bound to attract attention from these banks.
2019-12-7 05:00 | |
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The governor of the Reserve Bank of India (RBI), Shaktikanta Das, spoke about cryptocurrency during a press conference on Thursday. He also talked about the prospect of an RBI-issued digital currency, when the time will be right for issuing one, and his view on private digital currencies.
2019-12-6 16:30 | |
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The European Central Bank (ECB) would be considering the possibility of issuing its own digital Euro if the private sector fails to guarantee a convenient changeover for cross-border payments. The news was published by Bloomberg on December 4.
2019-12-5 14:00 | |
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The Federal Reserve is to decide whether it's worth issuing a central bank digital currency (CBDC) for households and businesses
2019-11-20 17:37 | |
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The People’s Bank of China (PBOC) is the first major central bank to hint at issuing its own digital currency. Consumers fear an end to the anonymity of cash, but officials say that their goal is ‘controllable anonymity’.
2019-11-13 09:32 | |
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Under the fear of potentially losing monetary control, several central banks are focusing on developing and issuing a cryptocurrency. Indeed, according to an IBM-commissioned report, a central bank digital currency (CBDC) could be ready for consumers’ use within the next 5 years.
2019-11-13 20:43 | |
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The European Central Bank could be inching toward creating a digital currency for the continent. Attitudes about cryptocurrencies appear to be shifting in Europe — which could have negative repercussions on Libra.
2019-11-11 17:15 | |
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A new European Union (EU) draft document says that the European Central Bank (ECB) should hasten progress towards issuing its own digital currency for use by the public ahead of Facebook’s Libra project.
2019-11-6 04:23 | |
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The United States Federal Reserve is looking to employ a Manager, Retail Payments, part of whose responsibilities will be to oversee the research of digital currencies and distributed ledgers. The job ad has been published amid pressure from Capitol Hill to explore the possibilities of issuing a digital dollar.
2019-11-6 01:20 | |
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The European Central Bank (ECB) has recently considered the idea of issuing its public digital currency via a new draft document, according to Reuters. This is seen as a response against the Facebook backed project, as the company’s upcoming launch of the Libra has made regulators all over the world wary. Since Facebook shared plans […]
2019-11-5 21:25 | |
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Twenty-three leading central banks participated in an in-depth survey on their digital currency developments and requirements, including fungibility, convertibility, and availability. They also discussed the timeframe for issuing consumer-ready central bank digital currencies and divulged their greatest concerns about implementing them.
2019-11-2 17:18 | |
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The Governor of the Bank of Japan dismissed the possibility of the central bank issuing a digital currency at a press conference after a G20 meeting between finance leaders and central banks.
2019-11-1 20:32 | |
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Facebook’s proposed digital currency, Libra, appears to have forced the US Federal Reserve to reconsider the idea of issuing its own purely digital means of payment. The issue is expected to be a hot topic at meetings of the International Monetary Fund and World Bank this week.
2019-10-16 03:18 | |
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While several countries are wading into the cryptocurrency industry by issuing CBDCs and releasing their own national cryptocurrencies, Russia has confirmed that it won’t be following suit. According to Russian state media, Elvira Nabiullina, Head of the Russian Central Bank, asserted at a recent event that the bank seems to find that there is no […] The post Russia’s Central Bank dismisses any need to issue national cryptocurrency appeared first on AMBCrypto.
2019-10-10 14:56 | |
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Philadelphia Federal Reserve bank president Patrick Harker said it is “inevitable” for the central banks to start issuing digital currency.
2019-10-4 23:00 | |
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Central bank digital currency has become a hot topic among finance ministers and central bankers worldwide, with some G20 countries ahead of the rest on work done toward issuing their own digital currencies.
2019-10-2 04:35 | |
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ING chief economist Mark Cliffe says central banks could move towards issuing digital currencies within 2-3 years, given Facebook’s Libra project
2019-9-28 15:39 | |
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China is set to launch the world’s first central bank digital currency (CBDC). As the majority of central banks, including in the US and Europe, are tentative over issuing their own CBDCs, the People’s Bank of China (PBoC) has gone all-in on the idea of a digital Yuan and not a crypto asset.
2019-9-12 13:00 | |
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In an interview with Phoenix Chinese news Circle CEO Jeremy Allaire has said that China is the closest to getting a Central Bank Digital Currency (CBDC). China's Phoenix TV interviewed Circle CEO @jerallaire on CBDCs, the internationalization of the Yuan, the rise of USD Coin and the rapidly growing global stablecoin phenomenon. Full interview: https://t.co/Ru29jhLUTj […]
2019-9-12 19:35 | |
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China‘s upcoming state-controlled digital currency is to be similar to Facebook‘s proposed coin, which makes total sense, because Libra isn’t really a cryptocurrency. Mu Changchun, deputy director of payments at China‘s central bank, explained the country was issuing its digital currency “to protect our monetary sovereignty and legal currency status,” Reuters reports.
2019-9-6 15:44 | |
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Central banks worldwide are examining the possibility of issuing a central bank digital currency (CBDC), with some already testing theirs for different uses. Countries that have advanced their digital currency projects include China, Singapore, Canada, the Bahamas, Thailand, Uruguay, and Sweden.
2019-8-15 09:53 | |
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Dear Congress, Please do not paint us with a broad brush. Many in the blockchain and digital currency industry are responsible actors. We are responsible to U. S. and international law. We are responsible to serving the greater good.
2019-7-30 21:51 | |
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Coinspeaker Turkey’s Government Calls On Issuing National CryptocurrencyTurkey has revealed its economic roadmap. It has become known that its Central Bank will be working on the development of the country's national cryptocurrency.
2019-7-11 13:23 | |
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Bitcoin proponents predict that China’s decision to create its own digital currency will ironically drive massive BTC adoption. China: Libra Dollar Peg Would Harm Sovereignty As various media outlets including South China Morning Post (SCMP) reported July 8, China’s central bank said it was already in the process of building the digital token.
2019-7-9 17:00 | |
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Philippines’ Central Bank is reportedly ready to halt its planned launch of a digital currency and wait for at least five years. The Bangko Sentral ng Pilipinas, according to Phillstar Global, a local news outlet, is rethinking issuing its own digital currency as it monitors the global crypto space. Benjamin Diokno, the bank’s governor, spoke […]
2019-7-5 20:56 | |
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Masayoshi Amamiya, the Deputy Governor of the Bank of Japan (BoJ) dismissed the idea that central banks can boost the effectiveness of negative interest rate policies by issuing digital currencies, on Friday, reported Reuters.
2019-7-5 19:47 | |
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Coinspeaker Christine Lagarde Picked as E. C. B. ’s New President, Crypto Community SupportsChristine Lagarde was nominated to succeed Mario Draghi as president of the ECB. These are the great news for the crypto community because she is the one who pushed for central banks to consider the notion of issuing digital assets.
2019-7-3 15:34 | |
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Solana validators voted to allocate 100% of priority fees to themselves on May 27, ending the previous 50/50 split between burning fees and rewarding validators. The proposal, known as SIMD-0096, passed with 77% approval.
The World Economic Forum (WEF) has issued a stark warning about the vulnerabilities in central bank digital currencies (CBDCs), urging the implementation of quantum-resistant strategies to safeguard these digital currencies from emerging cybersecurity threats.
Since the advent of Bitcoin in 2009 and the explosion of innovation that followed, the web3 industry has faced many challenges. Beyond dealing with regulators, improving UX, and weeding out bad actors, blockchain engineers continue to tackle two major hurdles: scalability and interoperability.
In our world today, blockchain technology is at the forefront of almost every innovation. A groundbreaking innovation itself, the blockchain was initially associated with cryptocurrencies but is rapidly disrupting other industries.
Solana-based DeFi memecoin platform Pump. fun experienced a significant breach on May 16 when an exploiter apparently utilized flash loans to manipulate the platform’s bonding curve contracts.
The US Treasury Department intends to place a significant emphasis on addressing the risks posed by cryptocurrencies and other emerging technologies in the coming months via comprehensive regulation.
A loose liquidity environment and new narrative outbreaks are the main determinants of the bull market after the Bitcoin halving. The high-interest rate environment may last longer than expected but will not end the bull run.