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The Bahamas to Begin Gradual Launch of World’s First CBDC in October
The Central Bank of the Bahamas has finalized the debut date of its digital currency. This is likely the world’s first central bank digital currency (CBDC). The island nation has rallied ahead of finance giants like France and China. дальше »
2020-9-27 00:22 | |
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US Federal Reserve Actively Working on Digital Dollar
The Federal Reserve Board of Governors and several Federal Reserve Banks are actively working on the digital dollar. Legislation has proposed that each American could have an account at the Fed for transacting in the central bank digital currency. дальше »
2020-9-27 21:30 | |
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Ripple CEO Brad Garlinghouse Explains Why CBDCs Don’t Threaten XRP
In a recent tweet, Ripple CEO Brad Garlinghouse continues to bolster the opinion that digital assets like XRP aren’t threatened by Central Bank Digital Currencies (CBDCs), but rather, convinced that XRP would be that bridge amongst different CBDCs. дальше »
2020-9-27 21:10 | |
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China State-Owned Media Covers Crypto as 2020’s Best Performing Assets Driven by DeFi & Weak Dollar
In an unusual coordinated report on Friday, several Chinese state-owned media covered cryptocurrencies, calling them the best-performing assets of 2020. The country’s top broadcaster, China Central Television (CCTV), ran a three-minute-long news clip, highlighting crypto assets rallying 70% this year. дальше »
2020-9-27 17:33 | |
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ConsenSys to Work on PoC for CBDC with Hong Kong Monetary Authority
ConsenSys has shared on Sept. 25, that it was awarded a cross-border payment network study project by the Hong Kong Monetary Authority (HKMA). The project involves the development of a technology for a central bank digital currency (CBDC) cross-border payment network, which actually serves as the second implementation phase of the Project Inthanon-LionRock. дальше »
2020-9-25 18:24 | |
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Ripple’s XRP Up 5.5% in Past 24 Hours, XRP Poised to Act as Neutral Bridge Asset between CBDCs
Coinspeaker Ripple’s XRP Up 5. 5% in Past 24 Hours, XRP Poised to Act as Neutral Bridge Asset between CBDCsAs global central banks work to implement their own CBDCs, Ripple through RippleNet and XRP is eyeing to connect different global CBDCs. дальше »
2020-9-26 18:04 | |
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Bitcoin Community Reacts to Russia’s Criminalization of Undeclared Crypto Activity
Bitcoin is not welcome in Russia. The Central Bank of Russia, this year, put in place legislation that bans the issuance and circulation of cryptocurrencies. But officials in the country accept that an outright ban is unenforceable. дальше »
2020-9-26 15:13 | |
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Research Into Potential CBDC Revealed by Cleveland Federal Bank
Speaking at the 20th Anniversary Chicago Payments Symposium, President and CEO of the Federal Reserve Bank of Cleveland disclosed details regarding their ongoing research into central bank digital currencies (CBDC). дальше »
2020-9-25 20:34 | |
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People’s Bank of China (PBoC) Testing Digital Yuan (DCEP) for Credit Card Payments
China has been aggressively developing its central bank-issued digital currency (CBDC), popularly known as digital yuan. As per the latest reports, the People's Bank of China is currently running a pilot project to test the use cases of its digital yuan for card payments, fees, credit card payments, and more. дальше »
2020-9-24 05:17 | |
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China Blacklists Crypto OTC Trading Desks With A Five-Year Banking Ban As Punishment For Illegal Acts
Bitcoin over-the-counter (OTC) traders could be facing up to a five-year ban on their banking accounts in China, local reports state. The central bank, People’s Bank of China (PBoC), is heavily cracking down on money laundering activities and is blacklisting several OTC trading desks dealing in cryptocurrencies. дальше »
2020-9-24 22:55 | |
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The People’s Bank Of China Just Delivered A Death Blow To Local Crypto OTC Dealers
Cryptocurrency over-the-counter (OTC) merchants in China have an existential challenge ahead. The central bank of China, the People’s Bank of China, is blacklisting the accounts of OTC traders in the region in its recent crackdown efforts. дальше »
2020-9-25 20:46 | |
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Europe's central bank is concerned about possible runs on stablecoins
Stablecoin runs could occur if users lose confidence in the issuer or its network.
дальше »2020-9-24 15:30 | |
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CIA is showing a deep interest in crypto and blockchain
The crypto industry has seen a growing popularity in the United States, and interest seemingly skyrocketed after the Comptroller of the Currency allowed banks to offer crypto custody. Now, even the US Central Intelligence Agency (CIA) seems to have developed a deep interest in these emerging technologies. дальше »
2020-9-23 11:41 | |
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Earth needs Bitcoin as economy hits ‘debt saturation point’ — Keiser
Earth is reaching a historic “inflection point,” Keiser warns after Singapore’s central bank admits that more debt is not an option for anyone. дальше »
2020-9-23 16:35 | |
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Australian Reserve Bank says there is no need for a CBDC
As many of the world’s leading countries’ central banks continue their rush to be the first to launch their own CBDC (Central Bank Digital Currency), Australia seems to be absent from the race. дальше »
2020-9-22 10:24 | |
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ECB President Christine Lagarde Says Digital Euro Could Complement Cash
European Central Bank (ECB) President Christine Lagarde has suggested that the Eurozone could benefit from adopting the ‘digital euro’ as the EU’s post-pandemic recovery kicks into gear. The ex-IMF President made the comments while addressing the Franco-German Parliamentary Assembly in Frankfurt on Sept 21. дальше »
2020-9-22 09:53 | |
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Digital Euro will strengthen payment systems: Christine Lagarde
President of European Central Bank, Christine Lagarde said that incoming data suggested that Europe’s economic recovery was uncertain and that introducing a digital Euro would strengthen the EuropeaThe post Digital Euro will strengthen payment systems: Christine Lagarde appeared first on AMBCrypto. дальше »
2020-9-22 00:28 | |
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CIA Creates R&D Arm, With Blockchain as Area of Interest
The United States Central Intelligence Agency (CIA) has just launched a research and development department. One of the areas of interest highlighted by the agency is blockchain technology. The newly launched department is known as CIA Labs. дальше »
2020-9-22 22:32 | |
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China Should Seize the ‘First Mover’ Advantages of Launching A CBDC: PBoC
China should aim at becoming the first country to issue digital currency as part of its efforts to internationalize the yuan and lessen its over-dependence on the world’s dollar-dominated payment system, the People’s Bank of China (Chinese central bank) said. дальше »
2020-9-22 19:38 | |
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Chinese Central Bank Calls Digital Currency Competition a ‘New Battlefield’
If recent events are any indicator, the race for central bank digital currencies (CBDC) appears to be heating up. In August, trials of China’s digital currency electronic payment pilot were announced in 27 cities across the country. дальше »
2020-9-21 17:37 | |
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BoE Explores Negative Rates; Bitcoin Is A ‘Must’ Because Fiat is a ‘Giant Ponzi Scheme’
The Bank of England (BoE) is exploring negative interest rates now and in response Sterling weakened sharply. The pound dropped 0. 7% against the dollar after the central bank’s plans “to explore how a negative Bank Rate could be implemented effectively, should the outlook for inflation and output warrant it at some point,” were revealed. дальше »
2020-9-19 19:30 | |
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Argentina’s Peso Plunges After Central Bank Tightens Foreign Exchange Controls: Citizens Discuss Bitcoin Adoption
The Argentine peso plunged by more than 10% shortly after the country’s central bank announced measures to tighten controls on the movement of foreign currency. The peso, which is officially pegged at 72 for every USD, touched new lows of 145 to the greenback on the black market. дальше »
2020-9-19 17:36 | |
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South Korean Police Seize Shares From Major Bithumb Shareholder
South Korean police have seized shares in Bithumb, the country’s biggest crypto exchange. The shares belong to Bithumb Korea director and major shareholder Kim Byung-Geon. According to a local media report, the police raid – the third on the exchange this month – follows a September 14 ruling from the Seoul Central District Court. дальше »
2020-9-19 13:30 | |
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Reserve Bank of Australia Sees No Rush in Launching A CBDC; Aussie Banknotes Are Working
As other nations are rushing to launch central bank backed digital currency dubbed CBDC, Australia is not joining the bandwagon. As per the Australian local news platforms, the Reserve Bank of Australia recent payments paper indicates that the bank is taking a cautious stand when it comes to CBDCs and privately issued stablecoins. дальше »
2020-9-18 00:59 | |
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The Bahamas Central Bank to Launch Its Digital Currency, the Sand Dollar, Next Month
The Bahamas are on the verge of becoming the first nation in the world to introduce a state-backed digital currency. The Bahamas Central Bank announced that it would issue a central bank-backed cryptocurrency (CBDC) next month. дальше »
2020-9-18 21:46 | |
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Bahamas Central Bank Set To Introduce A National Digital Currency Next Month
The Bahamas has seemingly beaten other major economies to the national digital currency punch. The nation’s central bank has revealed that it will be issuing a central bank-backed digital currency next month. дальше »
2020-9-18 17:07 | |
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Fed’s Dovishness Failed to Impress the Markets; Elections are the Next Key Event
The Federal Reserve has decided, interest rates will remain zero at least through 2023. The central bank is not expecting to see the inflation pick up for years, and even then, it will keep the rates at zero, a move the Fed Chairman Jerome Powell called strong and “powerful. дальше »
2020-9-17 17:05 | |
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Bank for International Settlements to hire a host of blockchain experts
Bank for International Settlements (BIS), which is an international financial institution owned by central banks posted a job announcement today that stated a requirement for a “host” of blockchaiThe post Bank for International Settlements to hire a host of blockchain experts appeared first on AMBCrypto. дальше »
2020-9-16 21:00 | |
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The Bahamas Resorts to CBDC ‘Sand Dollar’
The Bahamas has announced a Central Bank Digital Currency (CBDC), dubbed the “Sand Dollar. ” If the Sand Dollar launches next month as planned, The Bahamas will become the first nation to roll out a centralized digital currency nationwide. дальше »
2020-9-17 20:38 | |
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Owning Bitcoin “Is a Must” Says Price of Tomorrow Author, Jeff Booth
Bitcoin is a first of its kind financial technology born out of the Great Recession. It is designed specifically to be opposed to everything central banks stand for. It’s for those very reasons that The Price of Tomorrow author Jeff Booth believes that Bitcoin “is a must” to own to preserve one’s wealth and act as a “life boat” in the future. дальше »
2020-9-17 18:00 | |
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Why CNBC’s Jim Cramer Changed His Mind On ‘Outlaw Currency’ Bitcoin
CNBC “Mad Money” host Jim Cramer has famously labeled bitcoin as an “outlaw currency”. But now it would seem that Cramer has jumped on the bitcoin bandwagon. After his interview with Anthony Pompliano, the CNBC host is now convinced that bitcoin is a prudent investment against the backdrop of endless money printing by central bankers. […] дальше »
2020-9-17 15:19 | |
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The Bahamas plans to roll out its digital currency “Sand Dollar” in October
The Central Bank of Bahamas has put plans in place to roll out its digital currency across the country. With this plan fully set, the Bahamas will be aiming to be the first country in the world to have a state-backed e-currency. дальше »
2020-9-16 12:22 | |
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Litecoin blockchain-based game allows players to earn LTC
Germany-based video game company CipSoft has released a game that fully operates on the Litecoin blockchain and does not have a central server according to an announcement published on twitter today. дальше »
2020-9-16 00:34 | |
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French Multinational Bank to Launch a Digital Euro Pilot Using Tezos Blockchain
Blockchain firm Tezos has been selected to spearhead the French central bank’s digital currency pilot program, one of a kind in Europe. Societe Generale – Forge, a tech startup founded by French investment bank giant Societe Generale, has opted for Tezos to spearhead the central bank digital currency (CBDC) pilot program. дальше »
2020-9-16 23:03 | |
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Lithuania’s LBCOIN, The World’s First Collectible Digital Coin, is Sent to the ECB Council
The world's first collectible digital coin called LBCOIN was sent to the email inbox of European Central Bank policy makers on Monday from one of their colleagues. The coin came to Governing Council members as a link to an e-wallet with six digital tokens. дальше »
2020-9-15 20:09 | |
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Bitcoin Price Analysis - Bulls attempt recovery
A bullish recovery attempt has begun to form near the US$10,000 psychological support. In the months to come, Bitcoin may reach new highs swiftly as quantitative easing and global central bank money printing surge to unparalleled levels. дальше »
2020-9-15 15:01 | |
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Macroeconomic Trends Boost Bitcoin and Gold, US Dollar Index Shows Bearish Double-Top
According to a number of reports and commentary from financial analysts, the world is “drowning in U. S. dollars” after the Federal Reserve decided to pump billions of dollars into the hands of 14 central banks via liquidity swaps. дальше »
2020-9-15 05:15 | |
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