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US Fed: CBDC a ‘very high priority’ to combat bad private sector money
15.1.2021
The United States Federal Reserve needs its own digital currency to protect against a possible overnight proliferation of stablecoin technology, says Fed chairman Jerome Powell
Fed Chief Bets That US's 'First-Mover Advantage' in CBDC Race Is Stronger Than China's
15.1.2021
Fed Chairman Jerome Powell. Source: a video screenshot, Youtube, NBC News
Jerome Powell, the chairman of the US Federal Reserve (the Fed), has suggested that the United States is in no rush to issue a central bank digital currency (CDBC), opining that the dollar’s status as the de facto world...
Bitcoin in Race for Adoption Before Central Banks Launch Digital Currencies: Australia’s Macquarie
13.1.2021
With a runway of a year or more before the Federal Reserve and other major central banks can launch digital currencies, bitcoin and other private cryptocurrencies could gain a foothold in electronic commerce
Digital ruble could be still vulnerable to fraud, Russian banks warn
13.1.2021
The Association of Russian Banks is worried about regulators being unable to track illicit transactions of an offline-enabled digital ruble
State-Backed Agricultural Bank of China Launches the First Digital Yuan ATMs
12.1.2021
The Agricultural Bank of China (ABC), one of China’s “big four” banks, is embarking on a pilot program to enable the first digital yuan ATMs. The banking institution deployed the first machines in selected branches in Shenzhen. ATMs Will Work With a Smartphone App According to...
Is China Poised to Nationalize Alibaba?
12.1.2021
The International Business Times reports China might nationalize Alibaba. Here’s what that has to do with China’s digital currency efforts
Cointelegraph predictions for the first 5 CBDCs of 2021-2022
11.1.2021
2021 & 2022 touted to be the most important years for the development of CBDCs
State-owned Chinese bank rolls out ATMs for digital yuan
11.1.2021
The Agricultural Bank of China has launched an ATM pilot program that enables citizens to convert cash and savings to and from the digital yuan
China Launches Digital Yuan ‘Hard Wallet’ Card Pilot Program
10.1.2021
The People’s Bank of China (PBoC) have green lighted a physical card-wallet pilot to test its digital yuan. Coffee shop staff in a Shanghai-based university hospital was chosen as participants in the pilot. Wallet Card Can Pay or Accept e-CNY Without Wi-Fi or a Mobile Connection According...
Law Decoded: Insurrections, transitions, monitoring transactions and 2021, Jan. 1–8
8.1.2021
After watching protestors scale the walls of the Capitol Building, the U.S. will likely not be in the mood for financial regulation in the next couple of weeks
The EURST Stablecoin Set the Path That Major Central Banks Now Want to Follow
8.1.2021
From Asia to Europe, major central banks all around the world are expected to announce their own digital currencies soon. This is vindication that stablecoins like EURST are on the right path forward, and they can serve to show how national economies should reinvent themselves following the current...
Trump Signs Order to Ban Ma’s Alipay, Other Chinese Apps
7.1.2021
U.S. President Donald Trump signed an executive order on Tuesday banning the Alipay payment platform and seven other apps with links to the Chinese, saying the apps can access private information from their users. Separately, U.S. officials are considering banning U.S. citizens from investing...
Trump bans Chinese payment apps, including AliPay and WeChat Pay
6.1.2021
The trade war with China homes in on the country's thriving digital payments industry
Italian Banking Association launches experimental digital euro project
6.1.2021
The Italian Banking Association, ABI, is conducting digital euro tests as the European Central Bank is yet to make a clear decision on a central bank digital currency
Ukraine Chooses Stellar Foundation to Develop Its CBDC, Regulatory Infrastructure for Stablecoins
6.1.2021
The Ministry of Digital Transformation of Ukraine has picked the Stellar Development Foundation (SDF) to develop its central bank digital currency project (CBDC). Ukraine Picks Stellar Foundation to Develop Its Central Bank Digital Currency and National Virtual Asset Strategy According to...
Ukraine taps Stellar to develop digital asset infrastructure, including CBDC framework
4.1.2021
Stellar XLM’s development arm will work with the Ukrainian government on several digital asset initiatives
Russian CBDC To Create 'Centralized Database' of Spending, Expert Warns
4.1.2021
Another Russian crypto expert has warned of the dangers of the nation’s Central Bank issuing a so-called digital ruble, claiming that neither consumers nor banks are yet sold on the idea of using a digital fiat.
In an interview with AB News, Viktor Dostov, the Chairman of the Russian Electronic...
Selected Shenzhen residents to get lottery 'red envelopes' with digital yuan
4.1.2021
Winners of the city's lottery will have 10 days to spend their gifted digital currency, at any of 10,000 supported merchants
Happy New Year Of Bitcoin, Ethereum, Alts, DeFi, CBDC & Other Trends!
1.1.2021
On this first day (UTC time) of the new year, we will turn to the future and look into the predictions we have already published for 2021: on crypto space in general, individual cryptoassets, prices, technology, adoption, investment, regulation, security, as well as decentralized finance (DeFi)...
Top 10 crypto and blockchain stories of 2020
31.12.2020
Corporations and institutional investors seeking an alternate store of value amid the pandemic crisis drove crypto to new heights in 2020