2020-1-31 18:00 |
With China set to be the first nation to release a sovereign digital currency, central banks around the world are positioning to follow. origin »
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Brazil has been toying with the idea of a central bank-backed digital currency for only a couple of months. But now the president of Banco Central (the country’s central bank) has revealed that the country could be ready for a digital currency in just two years.
2020-9-4 20:28 | |
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Coinspeaker Central Bank of Bahamas Launches Digital Currency TodayThe central bank of the Bahamas is set to launch a pilot of its digital currency. It is however not a stablecoin and will not replace fiat.
2019-12-27 13:00 | |
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In a letter to the European Parliament on Wednesday, President Mario Draghi stated that the European Central Bank still has “no plans” to issue a central bank digital currency (CBDC).
2018-9-15 22:23 | |
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Europe’s central bank (ECB) won’t be touching cryptocurrency any time soon. Its president Mario Draghi shot down hopes of an EU-sanctioned digital currency, criticising blockchain tech for being too young and fragile to be useful.
2018-9-15 17:34 | |
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The chief of the European Central Bank, Mario Draghi, said Friday that the institution has "no plans" to issue a digital currency, Reuters reports.
2018-9-14 17:11 | |
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The Reserve Bank of India has argued at the Supreme Court that bitcoin cannot be recognized as either money or currency.
2018-9-14 22:15 | |
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Digital currency is being adopted in several nations fighting economic distress as a means to avoid inflation. In fact, crypto evangelists cite examples of African communities and countries like Venezuela to describe how digital coins could provide security from central banks’ policies and subsequent inflation in times of crisis.
2018-9-13 14:11 | |
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The launch of stablecoins is viewed as a palliative measure to decrease the impact of the recent crisis with Bitcoin, some have even described it as ETFs replacement for a short time. However, Barry Eichengreen, a professor of Economics UC Berkeley has said that stablecoins are not the way to fix the problem.
2018-9-12 13:30 | |
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The IMF (International Monetary Fund) has advised against the Republic of the Marshall Islands’ idea to bring in a digital currency as a second legal tender as well as the US dollar. The Marshall Islands are based in the central Pacific as a remote chain of islands.
2018-9-11 23:00 | |
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In many countries, there are emerging monetary crises as local currencies lose value. Local governments or central banks are unwilling or unable to solve inflation, and that’s a key chapter in the story of Bitcoin.
2018-9-10 20:00 | |
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The People’s Bank of China (PBoC), China’s central bank, is expanding its blockchain technology and digital currency research efforts after several successful tests, according to CNStock.
2018-9-6 16:00 | |
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The Digital Currency Research Lab within China's central bank is expanding to Nanjing to enable wider deployment of blockchain and other fintech.
2018-9-5 12:00 | |
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The Digital Currency Research Lab within China's central bank is expanding to Nanjing to enable wider deployment of blockchain and other fintech.
2018-9-6 12:00 | |
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The Reserve Bank of India (RBI), India’s central bank, is expressing interest in introducing a rupee-backed digital currency, the Financial Times reports. The RBI is currently facing financial strain due to the complexities of managing paper currency, and has consequently formed an inter-departmental group to determine if a state-backed digital currency could cut down costs.
2018-9-1 02:44 | |
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Although one of the primary goals of Bitcoin is to create a currency that is borderless and decentralized, a recurring concern is the way (other than mining) that we are able to actually acquire it and other cryptocurrencies.
2018-9-1 21:31 | |
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Andreas Antonopoulos has labeled plans from India’s central bank to create an identity-based national digital currency as “incredibly dangerous” as details emerge of a fresh crackdown on cash. ‘Democracy Dies’ In comments on Twitter August 30, the well-known cryptocurrency educator said India’s history of limiting cash availability to citizens and forcing through surveillance measures via its Aadhaar system would lead to the “death” of democracy.
2018-8-31 19:00 | |
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The Reserve Bank of India said on Wednesday it is exploring a rupee-backed digital currency for payments.
2018-8-31 09:58 | |
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After an all out assault on cryptocurrencies in India by the central bank – The Reserve Bank of India (RBI) many speculated around why the RBI had decided to essentially bank cryptocurrency trading in the country.
2018-8-31 08:00 | |
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The Reserve Bank of India (RBI), the country’s central bank, is reportedly losing sleep over the unconsidered consequences of its cryptocurrency crackdown. Reports from the country indicate that the virtual currency market has mostly adapted to the environment created by the RBI ban with a shift towards peer-to-peer (P2P) platforms and crypto/crypto trading pairs.
2018-8-30 23:26 | |
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A recent publication from the Reserve Bank of India reveals its consideration of a central bank-issued digital currency.
2018-8-31 20:33 | |
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The Reserve Bank of India is mulling a central bank digital currency as a means to reduce the country's huge spend on minting physical cash.
2018-8-30 17:00 | |
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Despite its fierce battle against cryptocurrency, India’s Central Bank, The Reserve Bank of India has set out to create a digital currency to be used for payments in the country. According to the Bank’s 2017-2018 annual report published on Wednesday, a committee of members from different departments has been set up to look into the […] The post India Central Bank Considers Using a Digital Currency for Payments appeared first on ZyCrypto.
2018-8-30 16:14 | |
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As the former reserve currency of central banks and the default denomination of the global oil market, the U. S. dollar has dominated the world’s financial system for the past 70 years, as well as served as a safe-haven for those trying to escape their own, crumbling native currencies.
2018-8-30 12:30 | |
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In response to a number of economic sanctions imposed on Iran by the United States, the country had announced that it would be considering the production of a native cryptocurrency, designed to help Iranian banks avoid the sanctions imposed by the Trump administration.
2018-8-30 23:00 | |
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No other jurisdiction has changed its stance on cryptocurrencies as quickly as Iran. From being excessively tough on digital coins and ordering banks not to deal with crypto related businesses in April, to creating the final drafts of its state-backed digital currency, the country has come a long way in the crypto world in a […] Iranian State-Backed Crypto Draft Ready, Awaits Central Bank’s Nod was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.
2018-8-29 14:20 | |
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In a bid to push its new digital currency, the Banco Central de Venezuela, the country’s central bank, has recently launched an Android app. The app, known as “Calculadora Soberana”, allows users to convert their old Bolivar to the newly coined Bolivar Soberano, which is pegged to the country’s controversial Petro cryptocurrency.
2018-8-29 01:08 | |
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The Canadian government has postponed the release of its final regulations for cryptocurrency and blockchain companies. The final published regulations were due this fall, but the government now says they won’t be published in the Canada Gazette until late 2019.
2018-8-28 20:18 | |
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Iran is reportedly considering going back on its cryptocurrency ban. This move comes as the government makes definitive steps towards creating a national virtual currency to circumvent U.
2018-8-29 13:55 | |
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When bitcoin was launched in 2009, the idea was to enable individuals to be their bank by allowing them to store, send and receive digital cash without the need for a financial intermediary. Since the early days of bitcoin, much has changed in the world of cryptocurrencies.
2018-8-28 13:00 | |
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Hyperinflation in Venezuela is so bad, the nation’s Central Bank has released an Android app to help citizens calculate how many new sovereign bolivar units they possess. The release arrives after the national government re-denominated the old currency last week.
2018-8-28 13:00 | |
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In the midst of a countrywide clampdown on cryptocurrency, the central bank of China, together with other government agencies, issued a warning on recent criminal activities to alert the public against fake claims.
2018-8-28 23:00 | |
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Bank Of Thailand To Launch R3-Based Digital Currency After partnering with multiple local financial institutions, the Bank of Thailand (BOT) has outlined its intentions to introduce its own cryptocurrency.
2018-8-27 19:57 | |
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Iran will likely reverse its cryptocurrency ban in September, a central bank official told a conference August 26, paving the way for official regulation in the country. Regulators Revisit April Exchange Block The country, which introduced a blanket ban on trading in April this year, has since seen economic turmoil return to its economy in light of fresh US sanctions, its national currency losing a significant chunk of its value since.
2018-8-27 13:00 | |
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The central bank of Thailand (Bank of Thailand (BOT)) is set to issue its own digital currency in conjunction with several local financial institutions. Acknowledging the major impact that technological changes have on financial services globally, the Bank of Thailand announced that it is working in collaboration with the country’s largest banks on a project […] Bank of Thailand All Set to Issue Own Digital Currency, Powered by R3 was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.
2018-8-26 16:30 | |
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Following the adoption of the country’s first cryptocurrency regulation, the central bank of Thailand is working on its own digital currency in collaboration with the country’s largest banks.
2018-8-24 02:45 | |
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The central Bank of Thailand (BoT) revealed on Wednesday plans to introduce a state-issued cryptocurrency on R3’s Corda blockchain. The move signifies the first such development in the South East Asian region.
2018-8-23 22:00 | |
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The Bank of Thailand’s is going to finish the first phase of its work on Central Bank Digital Currency (CBDC) early next year. The post Thailand’s CBDC: Pursue of Innovative Economy or a Try to Centralize Power? appeared first on CoinSpeaker.
2018-8-23 12:05 | |
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Thailand’s central bank will pilot a wholesale central bank digital currency (CBDC) based on a blockchain developed by R3.
2018-8-23 08:19 | |
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The BoT hopes the knowledge gained from developing the prototype will aid it in future blockchain-related endeavors.
2018-8-23 22:17 | |
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Bank Of Thailand Set To Launch A Digital Currency Based On R3 Tech The Bank of Thailand (BoT), country's central bank has declared that it is working on a project ‘Inthanon‘ that will devise and develop a proof-of-concept prototype for wholesale funds transfer by issuing a wholesale Central Bank Digital Currency (Wholesale CBDC). BoT is […]
2018-8-22 21:16 | |
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In an open statement published yesterday, the Bank of Thailand (BOT), the country’s central bank, announced that it has begun developing a wholesale central bank digital currency. The project is designed to address technological changes happening in the financial services industry by raising the Thai financial sector’s readiness for adopting new financial tech.
2018-8-23 20:59 | |
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Thailand could be the next country to unveil a central bank backed cryptocurrency following the footsteps of Venezuela, Tunisia, and Senegal. According to a Tuesday press release, the Central bank of Thailand is well on track to complete the first phase of a proof-of-concept trial for the new digital currency and hopes that this will […] The post A New Central Bank Digital Currency is Coming to Thailand appeared first on ZyCrypto.
2018-8-23 20:19 | |
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The Bank of Thailand (BOT) are the next central bank to weigh in on the cryptocurrency debate, and it looks to be good news this time. Sort of anyway. BOT want to develop a Central Bank Digital Currency (CBDC), a cryptocurrency that will be issued by the bank and regulated by the bank.
2018-8-22 17:30 | |
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Details have emerged of a new digital currency to be issued by the central bank of Thailand – it’s built on an open-source blockchain eerily reminiscent of Ripple, the popular banking ledger developed by Ripple Labs.
2018-8-22 17:00 | |
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The central bank of Thailand in cooperation with a group of financial institutions and banks will soon release a digital currency, which will be used in wholesale interbank operations. The platform the digital currency is built on is R3's Corda.
2018-8-23 15:09 | |
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The Bank of Thailand is developing its own digital currency, aiming to complete a first proof-of-concept by March 2019.
2018-8-22 12:00 | |
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Venezuelan President Nicolas Maduro recently revealed that the nation’s oil-backed cryptocurrency, the petro, will be used as a unit of account by the state oil company PDVSA.
2018-8-16 00:26 | |
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In collaboration with blockchain startup Bitt, the central bank of Dutch overseas territories Curacao and Sint Maarten will test the feasibility of a state bank-backed virtual currency.
2018-8-14 12:59 | |
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A member of the Venezuelan National Constituent Assembly has reportedly revealed that the assembly is preparing a reform to the country’s Constitution that includes a central bank for cryptocurrencies.
2018-8-14 06:50 | |
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Gennaro D'Urso is the founder of Pharma Collective and Israel Mersky is the Director at Pharma Collective. Gennaro has a background in science and entrepreneurship, while Israel comes from the advertising industry and has experience in the pharmaceutical psychedelic space.
Jasper De Gooyer is the co-founder and CTO at SEDA, a multichain, permissionless protocol connecting real-world data to any network on-chain.
Bitget, top global cryptocurrency exchange and Web3 company, is responding to trader demand and is to list SKALE (SKL). The SKALE Network is designed to enhance the scalability and efficiency of Ethereum-compatible applications.
VALR, Africa's largest cryptocurrency exchange by trading volume, has launched perpetual futures trading, featuring the world's first Bitcoin and USDT perpetual futures paired against the South African Rand.
Controversial crypto exchange Binance has appointed Richard Teng as its new CEO. The appointment follows the resignation of former CEO Changpeng “CZ” Zhao who pleaded guilty to charges levied against him by the U.S. Department of Justice.
Binance founder Changpeng “CZ” Zhao will reportedly step down as CEO of the world's largest cryptocurrency exchange as part of a $4.3 billion settlement with the United States Department of Justice (DOJ).
Since its 2009 inception, Bitcoin has heralded a shift from traditional to decentralized finance (DeFi), signaling the future of financial markets. Today, the crypto landscape extends beyond Bitcoin, with multiple projects contributing to a dynamic ecosystem of financial innovation.