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BIS Plans New Central Banking Fintech Research Hubs in Europe, North America
30.6.2020
The Bank for International Settlements is expanding its “Innovation Hub” with a handful of new locations in Canada and Europe
CBDCs Might Increase Central Banks' Footprint on Financial System - BIS
30.6.2020
The introduction of central bank digital currencies (CBDCs) could potentially lead to central bank expanding its footprint on the financial system, according to Economic Adviser and Head of Research at the "central bank of central banks," the Bank for International Settlements (BIS)....
Canada's Digital Dollar Should Focus on Inclusion and Accessibility, Say Experts
30.6.2020
Experts from the Bank of Canada have released their thoughts on how a digital dollar should be available to all Canadians
Bitcoin as a tool to fight authoritarian regimes: Vladimir Putin critic explains
29.6.2020
Professor of Economics, Sergei Guriev, told Cointelegraph how Bitcoin can be used as a tool to combat authoritarian regimes
Lebanon’s Financial Meltdown: Currency Plunges 80%, Huge Losses at Central Bank, IMF Bailout Stalled
29.6.2020
The financial crisis in Lebanon has seen its currency, the Lebanese pound, fall 80%. The International Monetary Fund (IMF) has estimated that the country’s central bank has accumulated losses as much as 170 trillion pounds. The disagreement between the Lebanese government and the central bank...
What Recent Developments in the Fintech Space Mean for Our Future
28.6.2020
There have been several significant movements forward for digital assets, and there are more to come. Here’s what to keep an eye on
Not Like Before: Digital Currencies Debut Amid COVID-19
27.6.2020
The coronavirus pandemic has forced governments worldwide to focus on bringing blockchain tech to their financial services
Bitcoin as a Tool to Fight Authoritarian Regimes: Vladimir Putin’s Critic Explains
27.6.2020
Sergei Guriev, professor of Economics at Paris’ Science Po and Vladimir Putin’s critic, told Cointelegraph how Bitcoin can be used as a tool to combat authoritarian regimes despite having “no fundamental value.”
CBDC Issuance Is ‘Not a Reaction’ to Libra, Says Central Bank Body
25.6.2020
The Bank for International Settlements appeared to contradict its own prior statements in a new digital payments report
Sweden's Central Bank Releases 98-Page 'Economic Review' Devoted to CBDC
25.6.2020
Sweden's central bank just released a massive report on central bank digital currencies
BIS Expects COVID-19 Crisis to Boost CBDC Development Worldwide
24.6.2020
The Bank for International Settlements expects the COVID-19 crisis’ impact on retail payments to have a positive effect on central bank digital currency development
World’s Oldest Central Bank Reviews Possible Digital Currency With Mixed Results
24.6.2020
Sweden's Riksbank has looked into the viability of central bank digital currencies for its local market
WhatsApp Payments Suspended by Brazil’s Central Bank
24.6.2020
WhatsApp’s payment features have been suspended in Brazil less than one month after the Facebook-owned app rolled them out
Jim Rogers Discusses Bitcoin as Money and Why Governments Will Stop Crypto
23.6.2020
Jim Rogers, who cofounded the Quantum Fund with billionaire investor George Soros, has shared his view on bitcoin, its use as money, and governments’ response to the growing use of cryptocurrency. He predicts that central banks will not let uncontrolled money be used. Jim Rogers Talks Bitcoin...
One Step Forward and One Step Back: Why Is Russia’s Crypto Regulation Treading Water?
23.6.2020
Some Russian regulators propose a blanket ban on digital asset trading, but the country is too far along the path of crypto adoption
Digital Yuan’s Backend Development Complete, Says Chinese Official
22.6.2020
A former senior official of the People’s Bank of China said that the country has completed the backend architecture development of its digital currency
Thai Central Bank Taps Cement Company for First Digital Currency Payments
20.6.2020
The Bank of Thailand is integrating a CBDC payments system into the financials of the country’s oldest cement company in an extension of its Inthanon project
Singapore to Explore Central Bank Digital Currency With China
19.6.2020
Singapore’s central bank is looking to join forces with China in exploring central bank digital currencies
Bank of Thailand Launches Digital Currency Pilot Project
19.6.2020
The Bank of Thailand launched a project to pilot test its CBDC payment system with the largest building material provider in the country
US Fed Chair Says Private Entities Should Not Help Design Central Bank Digital Currencies
17.6.2020
Federal Reserve Chairman Jerome Powell said he believes central banks would have to design and implement CBDCs, not private entities