2021-1-14 01:04 |
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. origin »
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DBS, the largest bank in Southeast Asia, has officially announced the launch of several crypto services, including a crypto exchange. DBS’ crypto trading platform supports four fiat currencies and four cryptocurrencies, including bitcoin.
2020-12-10 19:30 | |
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Since its announcement in mid-2019, regulators have railed against Libra, arguing that the project could upend global monetary policy control protocols. Indeed, Libra’s emergence likely provided the catalyst for more serious considerations surrounding central bank digital currencies (CBDCs).
2020-12-2 20:30 | |
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As central banks everywhere gear up to launch digital currencies, it's time to consider the possible downsides.
2020-11-24 20:59 | |
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Hardly a week goes by without news of some country preparing to launch a digital currency. It’s not necessarily good news for the crypto industry and in most cases, these currencies have nothing to do with crypto.
2020-11-15 13:50 | |
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SIA, a multinational payments firm based in Italy, has teamed up with Hex Trust, a crypto custodian, to help its European banking clients hold digital currencies. A report unveiled this news on October 22, noting that this collaboration will see the firms launch a blockchain-based platform for financial institutions.
2020-10-23 19:57 | |
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The Central Bank of New Zealand has hinted through its deputy governor that it is actively researching Central Bank Digital Currencies (CBDC). However, there are no plans to launch one anytime soon.
2020-10-20 16:38 | |
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Privacy protocols have become the focal point of regulators and law enforcement agencies when the race among central banks to launch sovereign digital currencies is heating up.
2020-10-20 21:42 | |
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Japan is playing catch up to China’s CBDC plans, Kenji Okamura, vice-finance minister for international affairs, said in an online seminar on Friday, as Reuters reported. Speaking on the dangers of being left behind by the largest Asian economy in digital currencies, Okamura called for the country to move towards developing its own digital yen.
2020-10-9 17:44 | |
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Although Brazil is a recent entrant to studying digital currencies, its central bank’s president says the country could launch one as soon as 2022. Per local news outlet Correio Brazilienese, president Roberto Campos Neto has indicated that digital currencies will be “the future of the financial system.
2020-9-5 17:10 | |
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Following the launch of Japan’s first cryptocurrency fund, the SBI Group is now rolling out cryptocurrency contracts for difference (CFDs). With this move, the Tokyo-based financial services giant has become the first foreign exchange company to offer such a derivative product for digital currencies in Japan.
2020-8-29 22:39 | |
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In research published over the weekend, the Swiss-based BIS reports the growing attention by global central banks on research and development of central bank digital currencies (CBDCs) in 2020. The paper states the motivations, technical developments and policy approaches towards the launch of CBDCs vary across the central banks with the more innovative countries taking […]
2020-8-26 18:25 | |
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Cambodia’s central bank is getting set to launch the country’s central bank digital currency (CBDC) in conjunction with almost a dozen commercial banks. APAC nations continue to develop sovereign digital currencies mainly to challenge U.
2020-7-29 23:00 | |
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Ripple?s partner SBI spreads the word that it has used Corda blockchain to launch a platform for creating digital currencies with Ripple-backed Money Tap involved
2020-7-27 17:13 | |
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BCB Group, a digital asset financial services group, today announced the launch of BLINC, one of the first real-time payments networks of its kind to allow free, real-time transactions across fiat and digital currencies.
2020-7-27 15:38 | |
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With the rapid growth of Bitcoin and thousands of other digital currencies, in just over 10 years, cryptocurrency has become a “fever” that attracts many technology engineers and investors worldwide.
2020-5-29 19:14 | |
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People’s Bank of China is gearing up for the launch of their Central Bank Digital Currency (CBDC) in 2020 and nearly all central banks of advanced economies, from the Fed, ECB to BoE, and BoJ, are actively analyzing the prospect and impact of such currencies.
2020-5-29 20:03 | |
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On Friday, May 22, a new Tamarin Gerriety-shot documentary, Banking on Africa: The Bitcoin Revolution, will launch on Amazon Prime. The film depicts the full extent of crypto adoption in Africa and how digital currencies, specifically Bitcoin, are shaping lives in the region.
2020-5-21 01:00 | |
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Digital currencies are being adopted at an increasing rate by several countries. While superpowers, save China, are slow to progress with the digitalization wave, some smaller nations are moving ahead with pilot projects.
2020-5-13 17:00 | |
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Central banks have four good reasons to adopt digital currency: financial stability, identity management, inclusion and consumer protection.
2020-3-22 16:24 | |
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Japan is the latest country to show interest in developing a central bank digital currency (CBDC) as the central bank, finance ministry and financial authorities meet to discuss digital currencies. As one of the top countries in crypto and blockchain development and regulation, accelerated efforts are being placed to develop an official digital coin to […]
2020-2-25 19:04 | |
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Discussions around central bank digital currencies [CBDCs] have intensified over the last couple of months, especially since China accelerated its plans to launch its own CBDC last year. In fact, talkThe post Bitcoin, CBDCs are on opposite ends of the spectrum: Meltem Demirors appeared first on AMBCrypto.
2020-2-11 10:00 | |
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Last year social media giant Facebook put the world’s central banks into a panic with its crypto currency ambitions. This year they are scrambling to launch their own digital currencies but competition could lead to a crypto cold war.
2020-2-4 15:00 | |
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QAN, the first quantum-resistant smart contract platform, is set to launch as the first initial exchange offering (IEO) on Bitbay, as announced on BitcoinTalk. The European exchange is offering participants the opportunity to buy QARK tokens using fiat currencies.
2020-1-13 17:59 | |
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Stablecoins continue to generate a fair few headlines. Binance has indicated it aims to launch potentially multiple of those currencies in the coming years. Before the company can do so, it needs regulatory approval.
2020-1-7 02:00 | |
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Coinspeaker State Street Announces Partnership with Gemini to Launch Crypto Asset PilotState Street Corporation and Winklevoss-owned Gemini Trust Company will test reporting on digital currencies in a new partnership.
2019-12-18 17:37 | |
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A financial research institute has released a statement on legal proceedings following a digital currency for the Central Bank. Numerous countries are working towards having and using digital currencies.
2019-12-3 01:10 | |
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Reports are emerging that Russia’s stance on crypto has turned negative. The news comes in the wake of a week of FUD stemming from another ‘bitcoin ban’ in China. It is no surprise that central banks do not favor decentralized currencies in a world where they’re racing to launch their own ones.
2019-11-30 10:34 | |
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The concept of digital currencies is gradually being accepted in various industries with incentives like crypto rewards popping up as options for the tourism sector. Binance, is among the big boys in crypto who have ventured into this industry with an inclination towards air travel.
2019-11-29 18:51 | |
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Saga Monetary Technologies has already launched its onboarding process that allows people to buy ERC-20 tokens, the project being scheduled to launch on December 10, this year. As crypto assets are strictly related to major currencies in the real world, stablecoins usually counterpose other cryptocurrencies.
2019-11-28 23:54 | |
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Japan may be the latest country whose central bank is looking to launch a sovereign digital currency. However, authorities in the country say there is no rush towards creating a digital Yen even as the CBDC wars appears to be gaining momentum.
2019-11-20 10:00 | |
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As regulators around the world seek to delay Facebook's Libra, central banks are racing to launch sovereign digital currencies.
2019-11-14 14:05 | |
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Under the fear of potentially losing monetary control, several central banks are focusing on developing and issuing a cryptocurrency. Indeed, according to an IBM-commissioned report, a central bank digital currency (CBDC) could be ready for consumers’ use within the next 5 years.
2019-11-13 20:43 | |
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Wirex, a crypto payment wallet and service company, has announced the launch of a brand new next-generation Wirex Visa Travelcard. The travel card will empower customers across the APAC region to spend multiple crypto and fiat currencies, and earn crypto rewards wherever they travel.
2019-11-11 13:03 | |
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The Cardano Foundation is about to launch an ADA payment gateway thanks to a partnership with COTI, an enterprise-grade fintech platform. According to the company’s blog post, the gateway will allow merchants across the world to accept payments in ADA, as it will enable instant settlement into 35 different fiat currencies.
2019-10-25 22:51 | |
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The Cardano Foundation, the overseer of the 3rd generation Cardano blockchain platform and COTI, a DAG-based blockchain protocol, announced today the development of an ADA token payment gateway. The offering – due to launch in November – will allow merchants to accept ADA payments with a near-instant settlement into 35 fiat currencies directly into their […] CryptoNinjas: Cardano teams with COTI to provide ADA merchant payment solution
2019-10-24 19:18 | |
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In March, USD pegged Tether first announced its plan to launch USDT on the Tron blockchain to enable operability with Tron-based protocols and Decentralized Applications (DApps). The stablecoin further allowed users to transact and exchange fiat pegged currencies across the Tron network.
2019-10-22 16:38 | |
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Central Bank Digital Currencies or CBDCs have been a hotly debated topic over the past few months. After Bank of China announced that its issued central currency was ready for launch, major financial institutions around the world have started discussing the issuance of their own virtual assets.
2019-10-19 21:30 | |
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BlockFi has announced the launch of its institutional services arm, BlockFi Institutional Services. The goal of this arm is to provide clients access to digital asset financing solutions, as institutions begin to integrate their businesses with digital currencies.
2019-10-18 08:33 | |
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Bank of England Governor Mark Carney has thrown his weight behind Facebook’s global cryptocurrency project dubbed Libra. The has opined that blockchain-based virtual currencies have the power tix the challenges associated with traditional payments systems, reports The Star on October 15, 2019.
2019-10-17 01:00 | |
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The Bank of Canada is among the regulatory authorities around the world looking to launch their own digital currency. A recent internal report presented to its Governor, Stephen Poloz, highlighted some benefits that could come with this innovation.
2019-10-16 18:46 | |
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Virtual assets have come a long way since first being associated with the dark web. Today, there are several countries across the world that are actively contemplating issuing their own digital currencies.
2019-10-16 11:11 | |
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Two formidable messaging rivals meet yet again, but this time in a new arena. Facebook and Telegram are taking antithetical strategies when it comes to digital currencies. Facebook is consulting with regulators and holding their hands as they walk them through the process, and Telegram planned it’s entire move in secrecy before a sudden launch.
2019-10-7 19:00 | |
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Apple CEO Tim Cook has publicly declared that the giant tech company is not planning to launch its own corporate cryptocurrency according to an interview on CNBC on October 3. Mr. Cooks highlighted that Apple does not believe in the idea of private corporations setting up private currencies that compete with each other.
2019-10-5 21:00 | |
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Dutch bank ING's chief economist has said Facebook's Libra is pressuring central banks to launch their own digital currencies, and soon.
2019-9-27 15:09 | |
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Talk around the regulation of Facebook’s Libra stable coin is intensifies as the potentially mega disruptive digital asset aims to launch in 2020. Earlier in August, the Governor of the Bank of England, Mark Carney, proposed the development of digital currencies as a suitable replacement of the US Dollar. The adoption of digital assets provides […]
2019-9-26 18:36 | |
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Facebook’s Libra, which is gunning to launch in 2020 despite major pressure from regulators world over, has lifted the lid on its crypto-project and revealed the fiat currencies that would constitute Libra’s ‘basket of reserves.
2019-9-21 12:00 | |
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Tether, the famous stablecoin provider, has recently decided to launch a new token called CNHT. This brand new stablecoin will be pegged to the value of the Chinese Yuan. Offshore Chinese yuan (CNH) added to our basket of supported currencies, new stablecoin CNHt now available! CNHt is pegged to CNH and is available on the […]
2019-9-10 22:44 | |
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Custody firm Legacy Trust announced the launch of a digital asset-based pension plan to allow the public to hold crypto for their retirement corpus. As per Coindesk, September 4, 2019, the Hong Kong-based firm will offer the scheme to employees of participating firms and self-employed individuals through an underlying portfolio of cryptocurrencies and fiat currencies.
2019-9-6 19:00 | |
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Concerns over transparency and reserves are lingering over stablecoins, with big players facing regulatory pushback as they try to launch their own currencies #CT_sponsored
2019-9-3 17:26 | |
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The next two-year phase of Project Helvetia will see other financial institutions and types of transactions join the party.
The Central Bank of Iran (CBI) will begin a trial of its central bank digital currency (CBDC), the digital rial, in Kish Island starting in July. The central bank said on June 19 that banking network customers and tourists can use the digital rial wallet to make purchases and transfers between wallets via barcode without […] The post Iran to pilot CDBC in Kish Island starting July appeared first on CryptoSlate.
The world’s largest lender, Industrial and Commercial Bank of China (ICBC), recently published an in-depth analysis highlighting the rapid evolution and growing diversity in digital currencies, where it compared Bitcoin to gold and deemed Ethereum “digital oil.
Onchain Highlights DEFINITION: Bitcoin realized cap HODL waves are a bundle of all active supply age bands, aka HODL waves. Each colored band shows the percentage of Bitcoin in existence that was last moved within the period denoted in the legend.
Out of four recent crypto regulatory initiatives, the stablecoin bill has the highest chance of being passed before the U.S. presidential election, the report said.
The Qatar Central Bank (QCB) has announced the completion of the infrastructure development for its Central Bank Digital Currency (CBDC) project, marking a significant milestone in its efforts to embrace digital financial transformations.
Israel's central bank is launching a challenge on the use of a central bank digital currency in payments as part of an "action plan for a possible issuance of the digital shekel."