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Former Central Bank Official: Japan Should Take a Digital Yen Seriously
11.9.2020
In an interview with CoinDesk Japan, a former Bank of Japan official said the country has many reasons to seriously consider a digital yen
Mastercard Launches Digital Currency Testing Platform for Central Banks
10.9.2020
Mastercard has launched a digital currency testing platform aimed at helping central banks test their digital currencies. The system will also demonstrate how consumers can use central bank digital currencies to pay for goods and services wherever Mastercard is accepted worldwide....
Mastercard Releases Platform Enabling Central Banks to Test Digital Currencies
9.9.2020
Payments giant Mastercard said its new testing platform will simulate the issuance, distribution and utility of digital currencies for central banks
Mastercard launches virtual testing environment for central bank currencies
9.9.2020
Is Mastercard trying to show some central banks the folly of their ways?
Central Banks Are Driving People to Bitcoin - Morgan Stanley Exec
9.9.2020
Central banks may be inadvertently driving a generation of investors to bitcoin (BTC) and other cryptoassets, said a Morgan Stanley executive.
In an interview with CNN, Morgan Stanley’s Head of Emerging Markets and Global Macro Ruchir Sharma, opined that central banks’ actions were pushing...
At least 3 nations to replace their currency with CBDC by 2030: report
9.9.2020
The digital yuan will not unseat the U.S. dollar — at least not right away
Could Russia lead Eastern Europe’s crypto boom?
6.9.2020
Russia’s new bill brings it in line with U.K. legislators, though there is a distinction between the approach of the FCA and the State Duma
Crypto-Friendly Banking Platform Cashaa Expanding in India, US, Africa
5.9.2020
Crypto banking platform Cashaa has unveiled plans to expand its services in India, the U.S., Africa, and the Caribbean. In India, the company aims to create “the first crypto-friendly banking platform” that is regulated by the central bank, the Reserve Bank of India (RBI)...
Brazil could have CBDC in two years, says central bank president
4.9.2020
A central bank digital currency in Brazil may be inevitable
Brazil’s Central Bank Says Nation Might Be Ready for a Digital Currency by 2022
3.9.2020
Brazil's fast-digitizing financial infrastructure could set the stage for CBDC in the next two years, said Campos Neto
Long-Term Fundamentals Signal Robust Crypto Bull Market Fueled by Reckless Money Printing, Defi
3.9.2020
A robust cryptocurrency bull market is in the making, a Weiss Crypto Ratings analyst explained. Citing central banks’ “reckless money printing policies” and “the explosion in Defi innovation,” he sees long-term fundamentals favoring cryptocurrencies despite some...
Bank of England governor dismissed Bitcoin as a means of payment
3.9.2020
Cryptocurrencies like Bitcoin don't quite convince Bailey, but he sees a lot of potential for stablecoins
Blockchain technology, financial and self-sovereign digital identities
2.9.2020
Discussing a use case that the Brazilian government started developing last year: a digital identity solution called FinID
Nigeria Foreign Exchange Crisis: Worsening US Dollar Shortages Point to Further Devaluation
2.9.2020
Pressure on Nigeria’s current exchange rate is likely to get worse in 2021, when the expected recovery of imports is set to force another devaluation of the local currency to N430/$ next year, according to two Bank of America analysts. Earlier rate adjustments, one in March and another...
US Federal Reserve now owns over 20,000 different financial assets
1.9.2020
The nation's money printer continues to go "Brrr"
Jerome Powell throws US dollar under a bus in Jackson Hole
1.9.2020
Fed Chairman Jerome Powell threw the U.S. dollar under a bus last week at the central bank’s annual Jackson Hole, Wyoming, meeting
South Korean Central Bank Turns to Private Sector for CBDC Help
31.8.2020
South Korea is a step closer to welcoming a central bank digital currency (CBDC), with design and implementation reviews complete – and private companies now set to get involved.
Per reports from Seoul Kyungjae and Chosun, the nation’s central bank, the Bank of Korea (BOK), now says it wants...
On quantitative easing, crypto and modern monetary theory
31.8.2020
Crypto needs financial products — simply positioned and simply transparent — to preserve and grow people’s assets in difficult times
South Korea’s Central Bank Starts Technical Phase for Digital Currency Ahead of 2021 Pilot
31.8.2020
The Bank of Korea is seeking a partner to help develop the architecture for a potential central bank digital currency
Major Chinese Bank Launches Central Bank Digital Currency Wallet Briefly
29.8.2020
One of China’s biggest banks recently opened up registration for wallets using the country’s central bank-backed digital currency. There are four levels of the wallet, according to reports. However, the bank took the offer down a few hours later. China’s Digital Currency Wallet...