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CBDCs Are Coming Fast But Will Not Replace Bitcoin – Raoul Pal

According to the Real Vision founder and CEO Raoul Pal, governments and Central Banks are much more prepared to roll out central bank digital currencies than most people think. The changes that have taken place in regulatory frameworks and overall interest in developing central digital currencies show that central banks are taking cryptocurrency technology seriously. […] дальше »

2020-10-21 00:09


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VISA Head Of Crypto Deconstructs Issues Regarding CBDCs and Effects on Bitcoin Adoption

Through a series of tweets on his official twitter account published on July 4, VISA Head Of Crypto, Cuy Sheffield, shared his thoughts on central bank digital currencies (CBDCs). According to him, CBDC is one of the most important trends for the future of money and payments over the next decade. Sheffield stated that regardless […] дальше »

2020-7-6 01:19


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Grayscale: Central Bank Digital Currencies Will ‘Neither Replace nor Harm Scarce, Uncompromising Bitcoin’

Central bank digital currencies (CBDCs) pose no threat to Bitcoin’s value proposition, instead, they will spur its growth toward mass adoption. In a new report, Grayscale Investments said CBDCs will never replace BTC because unlike the top cryptocurrency, they can be inflationary and are open to manipulation by central banks CBDCs are merely digital versions […] The post Grayscale: Central Bank Digital Currencies Will ‘Neither Replace nor Harm Scarce, Uncompromising Bitcoin’ appeared first on Bitcoin News. дальше »

2020-5-29 19:10


From Bitcoin to state-controlled CBDCs, is 'cryptocurrency' losing its identity?

More than a decade ago, Satoshi Nakamoto published the Bitcoin whitepaper, forever changing the lives and livelihood of countless people around the world. He had pointed out the "inherent weaknesses oThe post From Bitcoin to state-controlled CBDCs, is 'cryptocurrency' losing its identity? appeared first on AMBCrypto. дальше »

2020-2-13 19:00


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Bank of Canada Warms To National Cryptocurrency, Will it Compete Against Bitcoin?

Leaks within the Bank of Canada show officials are considering the development of a national cryptocurrency. As such, with interest in central bank digital currencies (CBDCs) on the rise, could it threaten bitcoin? National Cryptocurrency Mike Eppel, Senior Business Editor at 680 News, has revealed that Canada’s central bank is considering the development of a. дальше »

2019-10-18 11:16


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Rwanda Studies CBDCs To Minimize Transaction Cost and Maximize Output

The Rwandan Central Bank is interested in exploring central bank digital currencies to reduce the costs associated with transacting by optimizing efficiency. As per BNN Bloomberg, August 22, 2019, Rwanda’s Central Bank looks to authorities in Canada, Singapore, and Holland for inspiration as they have successfully studied the applications of blockchain. дальше »

2019-8-23 11:00


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South Korea’s Central Bank Says CBDCs Will Disrupt Financial Stability

South Korea’s central bank has warned that adopting a state-backed cryptocurrency as an official form of legal tender would threaten the country’s financial stability. In a report, the Bank of Korea (BoK) said such a currency, also known as a central bank digital currency (CBDC), could result in a spike in interest rates and a […] The post South Korea’s Central Bank Says CBDCs Will Disrupt Financial Stability appeared first on Bitcoin News. дальше »

2019-2-7 16:40


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South Korea Central Bank Says CBDCs Will Disrupt Financial Integrity

South Korea’s central bank has warned that adopting a state-backed cryptocurrency as an official form of legal tender would threaten the country’s financial integrity. In a report, the Bank of Korea (BoK) said such a currency, also known as a central bank digital currency (CBDC), could result in a spike in interest rates and a […] The post South Korea Central Bank Says CBDCs Will Disrupt Financial Integrity appeared first on Bitcoin News. дальше »

2019-2-7 16:40


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BIS Survey: 70 Percent of Surveyed Banks Are Fidgeting with the Idea of Central Bank Digital Currencies  

A recent survey by the Bank for International Settlements (BIS) found the majority of the world’s central banks are not too keen on issuing digital currencies at least for the next three years but 70 percent of them accepted that they are exploring with the idea of CBDCs in some capacity, reports SCMP, on January 8, 2019. дальше »

2019-1-10 18:00


U.S. Federal Reserve Doesn’t Like the Idea of a Government Cryptocurrency

The Federal Reserve Board governor is still not fond of the idea of central bank digital currencies, despite the fact that the reserve is equipped to issue one. The Fed Says No to CBDCs It’s been a year since bitcoin’s price exploded and launched cryptocurrencies into the mainstream, which pushed many to believe that the […] The post U. дальше »

2018-12-30 14:20


Could Central Bank Digital Currencies Be Better Than Virtual Currencies? Or Ride And Die Bitcoin?

Virtual currencies have been growing during the last years. Bitcoin has reached $20,000 dollars and several experts believe that it could be able to replace gold. However, there are some analysts that suggest that Central Bank Digital Currencies (CBDCs) could replace virtual currencies as we know them. Just a few weeks ago, Christine Lagarde, the […] дальше »

2018-11-26 13:44