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China Cracks Down on Illegal Gambling & Money Laundering Schemes
The People’s Bank of China (PBoC), in coordination with law enforcement, has conducted a series of arrests as part of an ongoing crackdown on illegal online gambling sites. An announcement published on the central bank’s official WeChat channel on Thursday 22 Oct. дальше »
2020-10-23 16:00 | |
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Digital Euro Named One of ECB’s Four Strategic Priorities
European Central Bank (ECB) executive board member Fabio Panetta has praised the proposed Digital Euro as “A simple, costless, risk-free, and trusted digital means of payment” that would be universally accepted across the Eurozone. дальше »
2020-10-23 12:17 | |
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ECB official: digital euro is ‘necessary’ in several scenarios in Eurozone
Member of the Executive Board of the European Central Bank Fabio Panetta said in a speech at the ECB conference on Thursday that a digital euro, or the Eurozone’s potential CBDC, could become necessThe post ECB official: digital euro is ‘necessary’ in several scenarios in Eurozone appeared first on AMBCrypto. дальше »
2020-10-23 00:30 | |
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Digital ruble, the future of Russian money circulation: Russian govt official
An official from the Russian Central Bank’s National Banking Council, Anatoly Aksakov said that Russia’s CBDC, the digital ruble, would be the “future” of all money circulation in the country,The post Digital ruble, the future of Russian money circulation: Russian govt official appeared first on AMBCrypto. дальше »
2020-10-22 19:05 | |
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Philippines' central bank isn’t ready to pull the trigger on a CBDC
The central bank wants to learn from private-sector digital currencies — but still believes they are inferior to central bank money. дальше »
2020-10-22 13:51 | |
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German Central Bank Official: Digital Euro Proposal is More of a Political Strategy than Technical Decision
A popular figure in the German central bank has said the decision to launch a digital Euro is more politically motivated than the technical value proposition. Burkhard Balz was speaking at the Europe-Asia conference where he made the remarks. дальше »
2020-10-22 22:40 | |
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Bahama Central Bank Launches Milestone Digital Currency
The Central Bank of the Bahamas has officially launched a national digital currency. Minted by the country’s monetary authority, the launch of the Caribean island nation’s new central bank digital currency (CBDC) was announced via Twitter on Tuesday. дальше »
2020-10-22 21:45 | |
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Video: The Fed Considers CBDCs And Bretton Woods 2.0
The IMF panel on cross-border payments was a Central Bank Digital Currency (CBDC) discussion in disguise, headlined by Jerome Powell, chairman of the Federal Reserve. The post Video: The Fed Considers CBDCs And Bretton Woods 2.0 appeared first on Bitcoin Magazine. дальше »
2020-10-22 19:32 | |
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The Bahamas beats China by launching the world’s first CBDC
China has made central banks around the world start considering, and even exploring and developing CBDCs after it originally revealed digital yuan. However, while China was considered to be in the lead when it comes to the development and testing of its own CBDC, it appears that another project may have surpassed it. дальше »
2020-10-21 12:24 | |
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Bank of Russia Is Studying Pros & Cons of a Digital Ruble; May Start Developing CBDC In 2021
According to Izvestia, a Russian finance news site, the Ministry of Finance and Bank of Russia investigate other nations’ efforts in releasing a central bank digital currency (CBDC). The post, published on Monday, highlights some of Russia's advantages of launching its own digital ruble, including reducing the cost of transactions, more opportunities for cross-border payments, […] The post Bank of Russia Is Studying Pros & Cons of a Digital Ruble; May Start Developing CBDC In 2021 first appeared on BitcoinExchangeGuide. дальше »
2020-10-21 20:41 | |
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Crypto Fest 2.0 Rumble in the Crypto Jungle
Crypto is heating up once again! DeFi has exploded onto the scene, scalability of Ethereum is in question, ETH gas fees are out of control, interest in central bank digital currencies (CBDCs) is hot, and regulators are scrutinizing closely and expectations that bitcoin is going to moon soon. дальше »
2020-10-21 19:34 | |
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Digital euro launch is a political decision: German Central Bank official
German politician Burkhard Balz who is a member of the German central bank's executive board said in a speech today that the decision to launch the digital currency was politically motivated. The offiThe post Digital euro launch is a political decision: German Central Bank official appeared first on AMBCrypto. дальше »
2020-10-20 19:30 | |
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New Zealand’s Central Bank Is Actively Researching CBDC’s, But Has No Plans to Launch Soon
The Central Bank of New Zealand has hinted through its deputy governor that it is actively researching Central Bank Digital Currencies (CBDC). However, there are no plans to launch one anytime soon. дальше »
2020-10-20 16:38 | |
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Crypto Fest 2.0 Rumble in the Crypto Jungle
Crypto is heating up once again! DeFi has exploded onto the scene, scalability of Ethereum is in question, and gas fees are out of control, interest in central bank digital currencies (CBDCs) is hot, The post Crypto Fest 2. дальше »
2020-10-20 15:30 | |
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Sweeping Changes Coming to Finance, Ripple CTO Believes XRP Can Benefit
Ripple CTO David Schwartz weighs in on discussions of a “Great Financial Reset” by saying talk of a one-world currency is premature. However, Schwartz acknowledges that a global network of central bank digital currencies (CBDCs) is coming soon. дальше »
2020-10-20 15:09 | |
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Merits of Bitcoin and its Functionality
In recent times more than 80,000 businesses are using Bitcoin. The Bitcoins are distributed systems, where there are no intermediaries like banks or central banks or any other controlling authorities. дальше »
2020-10-20 15:00 | |
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Digital Ruble: Russia Unveils Plans to Test Central Bank Digital Currency
As China is actively testing its digital yuan, Russia is now planning to build and test a central bank digital currency, the digital ruble. Meanwhile, the Bank of Russia has proposed limiting the amount of bitcoin retail investors can buy. дальше »
2020-10-20 12:15 | |
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US won’t issue a CBDC until the Fed resolves all of the details
With China being in the lead regarding its CBDC testing and development, a lot of countries are rushing their central bank digital coins to catch up. The US, on the other hand, has different plans. дальше »
2020-10-20 11:11 | |
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Bitcoin Breaks $11.8K on Jerome Powell Speech; Is Rally Sustainable?
A Jerome Powell speech on central bank digital currencies (CBDC) was enough to decouple Bitcoin from traditional asset markets. The benchmark cryptocurrency surged above $11,800 in the hours leading up to the Federal Reserve chairman’s cautious remarks on CBDCs at a panel organized by the International Monetary Fund. дальше »
2020-10-20 08:32 | |
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Here’s why Bitcoin will boom in the “biggest overhaul” of finance
The development of Central Bank Digital Currencies (CBDC) has blossomed in the past few years, with countries like China in the advanced stages of its digital Yuan and Japan, Korea, and the US in their research phase for their respective fiat currencies. дальше »
2020-10-20 05:00 | |
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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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CBDC’s 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 »
2020-10-20 00:09 | |
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Monetary Stability: The IMF and Fed Chair Jerome Powell Discuss Digital Currency Implications
On Monday, the International Monetary Fund (IMF) published a report on crypto assets like central bank digital currencies (CBDCs) and global stablecoins (GSCs). Moreover, the IMF also hosted a virtual panel that discussed digital currencies and cross-border payments with the Federal Reserve Chair Jerome Powell. дальше »
2020-10-20 00:00 | |
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Bitcoin Barrels Toward $12K as Investors Eye Decoupling From S&P 500
The bitcoin price has started off the week with a bang after gaining about 2% and inching closer to the psychologically important $12,000 threshold. The United States is no longer sticking its head in the sand about a central bank digital currency, and it has been a tailwind for the broader crypto markets. дальше »
2020-10-20 23:17 | |
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Fed Still Mulling Over The Possibility Of A Digital Currency – Chairman Jerome Powell
The US Federal Reserve is still interested in creating a Central Bank Digital Currency (CBDC) but is yet to make a final decision on when and how the project will be undertaken. That’s according to a recent opinion by Jerome Powell. дальше »
2020-10-20 20:51 | |
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Reserve Bank of New Zealand Giving CBDCs a Hard Look
The debate surrounding the issuance of central bank digital currencies (CBDC) continues to catch attention worldwide. While some countries have been a bit coy, others like China have made no secret of their CBDC plans. дальше »
2020-10-19 14:44 | |
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The Great Financial Reset: IMF Managing Director Calls for a ‘New Bretton Woods Moment’
As the global economy shudders from the disastrous effects of central planning, the International Monetary Fund (IMF) managing director in Washington, DC, Kristalina Georgieva is calling for a “new Bretton Woods moment. дальше »
2020-10-19 05:00 | |
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China Trials Its Central Bank Currency, The Digital Yuan, In Shenzhen’s Gas Stations
China’s Central Bank assists Shenzhen citizens in using its digital currency as payments to refuel their motor vehicles. The community in the tech hub of China (Shenzhen) received $1. 5 million in digital Yuan, airdropped to gear up the project, 11 gas stations are now accepting digital currency as payments, reported Economic Information Daily. дальше »
2020-10-18 17:41 | |
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Canada’s Central Bank Seeks an Economist to Monitor Digital Currencies and Financial Technologies
The Bank of Canada is hiring an economist for “Digital Currencies and Financial Technologies. ” As per the official page, Canada's central bank is currently engaged in a “large-scale research program to analyze the risks and opportunities” of the new developments in the fintech sector. дальше »
2020-10-18 15:44 | |
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The Bahamas Is Planning To Make Its ‘Sand Dollar’ Digital Currency Available To A Global Audience
In late September, the Bahamas announced that it would officially launch its central bank digital currency known as the “Sand dollar” this month. According to reports, the country’s central bank is planning to make the CBDC interoperable on a global scale. дальше »
2020-10-18 00:20 | |
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Shariah Compliance Expert Says Cryptocurrencies Are Legit Commodities
A shariah compliance expert, the current chairman of the Shariah Advisory Council at Malaysia’s central bank and a shariah board member at many financial companies, says that cryptocurrency is a legit commodity that can be exchanged. дальше »
2020-10-16 11:15 | |
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