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JP Morgan: CBDC Threatens Hegemony of US Dollar
22.5.2020
JPMorgan warns that control over trade finance and cross-border payment mechanisms is slipping from the U.S. amid the growth of digital currencies
Illegal to Own Gold? Hedge Fund Manager Warns Governments May Ban Gold Ownership
22.5.2020
A well-known hedge fund manager has warned that governments may ban private gold ownership. He explained that central banks may attempt to demonetize gold, making it illegal for private individuals to own, as the authorities lose control of inflation amid the coronavirus-led economic crisis....
Bitcoin Will Create a New Economic Elite in 2020
22.5.2020
The economic crisis caused by the coronavirus outbreak has clearly shown the advantages of the decentralized technologies and cryptocurrency
Money Reimagined: Designer Money for a Machine-Run Post-COVID World
22.5.2020
The pandemic is likely to accelerate a shift to automation, putting people out of work and raising the need for new types of money
Token Impersonates Chinese Digital Yuan as Official Launch Date Remains Unknown
22.5.2020
Third-party actors step in to impersonate the digital yuan officials, hoping to attract gullible investors
Global Central Banking Think Tank Launches Digital Monetary Institute
22.5.2020
A global think tank for central banking, OMFIF, has announced the launch of its Digital Money Institute, aimed at bridging the gap between digital currency and traditional banking
Digital Currencies Could Threaten US Geopolitical Power, Warns JPMorgan
22.5.2020
“There is no country with more to lose from the disruptive potential of digital currency than the United States,” say analysts at JPMorgan Chase & Co
Myanmar Central Bank Claims Crypto is Banned, Users Disagree
22.5.2020
Myanmar’s central bank claims crypto traders can be fined or imprisoned, but there are doubts about whether legislation backs this up
Generations of Debt: US Taxpayers Held Liable for Federal Reserve’s $6.9 Trillion Balance
20.5.2020
The central banking system in the U.S. and the country’s megabanks have manipulated the economy for quite some time and these days, the coronavirus has been a great excuse to create trillions for stimulus. A recent report from the analysts at Wall Street on Parade indicates that American...
Advances in Blockchain Drives Banks Toward Digital Currencies, Says Bank of Korea
19.5.2020
Advances in payment settlements and decentralized ledger technology are driving central banks to consider digital currencies, according to a recent Bank of Korea report
Venezuelans Can Now Use Bitcoin to Pay for Goods at 20,000 PoS Terminals
19.5.2020
Venezuelans will now be able to use bitcoin to pay for goods and services at more than 20,000 point-of-sale (PoS) terminals throughout the struggling South American country. This follows a deal between Panamanian crypto exchange Cryptobuyer and local payments processor Mega Soft to connect some...
From Cash to Crypto: COVID-19 Is Changing the Way the World Sees Money
18.5.2020
Emerging technologies such as blockchain are driving the world to digitized finances in an effort to fight the coronavirus pandemic
Central Banks Uninterested in Digital Currency for Consumers, Says Visa Exec
18.5.2020
Digital currency solutions that directly face consumers will not be taken seriously by central banks, according to a Visa executive
South Korean Central Bank Steps up CBDC Work ‘in Response to COVID-19’
18.5.2020
The South Korean central bank has sped up its digital currency issuance progress, per a new report, with officials to begin a tech review several months ahead of schedule.
According to Chosun, the central Bank of Korea (BOK) says it has conducted a study of the technological advances required...
Blockchain as One of the Goals of Digital Government Strategy in Brazil
17.5.2020
Digital transformation with blockchain technology on a state level
COVID-19 Incentivizing Crypto and Leading Mainstream Adoption
17.5.2020
The COVID-19 crisis has pushed people to seek alternative technological solutions as blockchain and crypto become more popular
Central Banks Mull Creating a CBDC, but Not on a Blockchain: Survey
15.5.2020
Forty-six central banks would consider a broader form of distributed ledger technology for a CBDC but aren't crazy about putting it on a blockchain
Visa Patent Filing Would Allow Central Banks to Mint Digital Fiat Currencies Using Blockchain
15.5.2020
The filing details a way for fiat currencies, like the U.S. dollar, to be turned into a central bank digital currency
Visa Files Patent for Cryptocurrency System to Replace Cash
15.5.2020
Visa International has filed for a cryptocurrency system patent that is meant to replace physical currency. The system, which utilizes both central banks and commercial banks, leverages a private blockchain to improve the payment ecosystem. Visa’s Cryptocurrency Patent Filing The United...
Digifinex Live AMA Hosts Bitcoin.com Chairman – Roger Ver Talks Stimulus, Useful Cryptocurrencies, Coronavirus
14.5.2020
On May 14, Bitcoin.com Executive Chairman Roger Ver sat down with Digifinex cofounder, Kiana Shek, for an ask-me-anything (AMA) session about the cryptocurrency ecosystem. Ver explained what he thinks about the central banks printing unlimited money, the government-induced lockdowns, and...