2020-10-10 10:00 |
The report is a major step towards pushing central bank digital currencies forward.
Similar to Notcoin - Blum - Airdrops In 2024
2020-10-10 10:00 |
The report is a major step towards pushing central bank digital currencies forward.
Similar to Notcoin - Blum - Airdrops In 2024
The Bank of International Settlements (BIS), along with seven other prominent central banks, has published a report on the feasibility of issuing CBDCs to complement monetary policy. According to the 26-page document, CBDC’s should be based on foundational principles and core features that will enable the prospectus digital currencies to function effectively.
2020-10-9 20:52 | |
A local report suggests the pilot is an indication that the digital yuan is close to being launched.
2020-10-9 13:03 | |
Coinspeaker South Korea’s Central Bank Announces Plans to Circulate National Digital Currency as Part of Pilot Test in 2021As the central bank of South Korea seeks to complete the pilot tests of its national digital currency, it has not announced any information regarding partnerships with major commercial business enterprises yet.
2020-10-8 18:02 | |
The Central Bank of Canada recently released a report highlighting the major security questions... The post Bank of Canada outlines risk of digital currencies appeared first on Coin Journal.
2020-10-8 13:44 | |
South Korean police have seized shares in Bithumb, the country’s biggest crypto exchange. The shares belong to Bithumb Korea director and major shareholder Kim Byung-Geon. According to a local media report, the police raid – the third on the exchange this month – follows a September 14 ruling from the Seoul Central District Court.
2020-9-19 13:30 | |
The Bahamas has seemingly beaten other major economies to the national digital currency punch. The nation’s central bank has revealed that it will be issuing a central bank-backed digital currency next month.
2020-9-18 17:07 | |
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.
2020-8-30 23:30 | |
On Thursday, 17 top Federal Reserve officials explained that the committee plans to let inflation run hotter than usual, or above the benchmark 2% rate for a duration of time. Fed Chair Jerome Powell’s speech was considered a “major policy shift” and a number of economists commented on the central bank’s move.
2020-8-29 02:00 | |
China’s Ministry of Commerce has announced the pilot run of the country’s central bank-backed digital currency in major cities, including Beijing, Hong Kong, and Macau. It will also be tested during the 2022 Winter Olympics games in Beijing, the ministry said.
2020-8-17 19:30 | |
China’s digital currency program is set to expand to its capital Beijing and other major cities including Tianjin, Hebei, Guangdong, Yangtze River Delta as well as Hong Kong- Macau Greater Bay Area. According to an official announcement made by China’s commerce ministry, the digital RMB pilot programs will be led by the Chinese Central Bank, […]
2020-8-15 01:23 | |
Reale Mutua, a major Italian mutual insurance firm, recently announced the issuance of a blockchain surety bond as part of a national project dubbed “Fideiussioni Digitali” backed by the Italian central ban, Ledger Insights reports August 7, 2020.
2020-8-8 01:00 | |
With China’s central bank digital currency (CBDC) project still in progress, there are speculations that the digital yuan could be used to water down the dominance enjoyed by major players like Alibaba and Tencent.
2020-8-5 23:00 | |
Israel’s Tel Aviv Stock Exchange (TASE) recently announced the launch of the Central Blockchain Securities Lending Platform, an innovative platform that seeks to transform the Securities Lending market in the country by facilitating direct lending among all the major financial instruments, Israel Defense reports, July 28, 2020.
2020-7-30 01:07 | |
Suzhou City, one of major cities that successfully piloted China’s central bank digital currency, signed a MoU with the Cypherium blockchain platform.
2020-7-30 19:29 | |
The central bank of the Philippines is taking steps to study the issuing of its own digital currency, following other large countries, including Japan and China
2020-7-29 15:15 | |
France is once again front-running the EU in digital currency matters as the Bank of France gets ready to run central bank digital currency (CBDC) experiments. With China’s accelerated CBDC development, stakeholders in other major economies are calling for their respective central banks to begin developing sovereign CBDCs asap.
2020-7-21 23:14 | |
In an announcement yesterday, the Bank of Japan outlined the two major technical barriers... The post Japan’s central bank to check for technical feasibility of the digital yen appeared first on Coin Journal.
2020-7-3 16:00 | |
Venezuela has filed a major $1 billion lawsuit against the Bank of England and claims that the central bank is refusing to release the gold owed. Venezuela has used the Bank of England for decades to store its bullion, but now it’s having a problem retrieving it.
2020-5-23 15:10 | |
France’s central bank, the Banque de France on May 20, 2020, announced that it had successfully completed a trial test of the digital euro based on blockchain technology. Notably, the central bank digital currency (CBDC) test conducted by Banque de France was executed with major French multinational investment bank Societe Generale (SocGen).
2020-5-21 19:00 | |
XRP could be a major player in the cross-border money transfers, a US consumer protection agency has found — signalling a boost to Ripple’s mission statement. The Ripple Foundation will play a central role in the remittances industry, a regulatory ruling has found.
2020-5-19 19:54 | |
After the success of April, which Bitcoin ended with 34% gains, the digital asset has been fairly flat so far this month. Currently, BTC/USD is trading over $9,300. These price gains came while the major central banks have been busy printing money and total assets on the Federal Reserve's balance sheet increased by nearly 55% […]
2020-5-7 19:07 | |
Brazil’s financial watchdogs will start using a shared blockchain platform dubbed ‘PIER’ to enhance the transfer of information amongst the institutions. This initiative was launched in April with the major stakeholders being Banco Central do Brasil (BCB), insurance regulator (SUSEP) and the securities authority, CVM.
2020-4-11 16:35 | |
Deutsche Bank analyst Marion Laboure said that the major central banks that recently formed a think tank to explore digital currencies might take concrete actions within three years. The global pandemic is accelerating the process.
2020-4-11 23:26 | |
Quick take: The three major economies of China, France, and South Korea have recently been linked with expressing interest in launching their own Central Bank Digital Currencies. Interest in crypto by private citizens has risen slowly but surely after numerous signs of a global recession.
2020-4-11 16:29 | |
Effectively, this is “QE4,” the fourth major round of quantitative easing by the American central bank since the global financial crisis a little more than a decade ago.
2020-3-16 01:13 | |
Despite the Indian supreme court quashing the central bank’s ban on crypto, some major banks, including HDFC and Indusind Bank, are still arbitrarily declining to process crypto transactions.
2020-3-15 10:32 | |
Sweden has beaten all other major economies to the Central Bank Digital Currency (CBDC) punch, with testing of the e-krona underway. Riksbank Begins CBDC Pilot Sweden’s central bank, Riksbank, is...The post Sweden Takes First Bite of the CBDC Apple appeared first on Crypto Briefing.
2020-2-22 09:50 | |
Banco Central do Brasil has started testing a new payment network with the promise to offer Brazilians near instant transactions and many new services. Portrayed as a response to Bitcoin, the Pix system will be mandatory for major financial institutions to ensure wide coverage.
2020-2-21 04:45 | |
There is currently the global threat of a major economic recession looming with central banks doing all they can to prop up spending thanks to money printing and potential negative interest rates.
2020-2-8 14:15 | |
Economic money policies across the globe have been thrown into the spotlight of late with some major central banks, like the US Federal Reserve and the European Central bank, adopting policies to try and prop up a flagging economy, but Bitcoin could serve as yet another alternative.
2020-2-7 02:37 | |
The heads from 6 major central banks including the European Central Bank and Bank of Japan will have their first meeting in mid-April regarding shared research on virtual currencies, reported Nikkei newspaper on Thursday.
2020-2-6 18:08 | |
As China storms forward with its digital currency, other countries aren’t sitting idle. The leaders of six major central banks will hold their first meeting in April. Six Central Banks to Meet in April In response to the rising threat from government and corporate-backed digital currencies, central banks from six major global economies announced a coalition last month.
2020-2-7 15:00 | |
The US Federal Reserve (Fed) is the latest major central bank to consider issuing its own digital currency. Last month, its European, British, and Japanese counterparts formed a group to study the benefits of the so-called central bank digital currency (CBDC).
2020-2-6 14:30 | |
The heads of six major central banks will hold their first meeting on potentially developing their own digital currencies in April, Nikkei says.
2020-2-6 13:32 | |
Six major central banks will reportedly discuss digital currencies in April during an International Monetary Fund conference
2020-2-6 12:22 | |
Over the past decades, central banks like the Federal Reserve have failed to keep inflation rates stable. Bitcoin may benefit from this trend. After the cryptocurrency’s upcoming halving, after which the coin will have “economically indisputable reasons” to become a legitimately competitive store of value versus other world currencies.
2020-1-24 21:00 | |
The World Economic Forum together with major central banks and financial institutions has released a toolkit for policymakers regarding central bank digital currencies
2020-1-23 14:22 | |
The Facebook crypto project, Libra, has lost another one of its backers with Vodafone announcing its decision to quit the Libra Association. Meanwhile, central banks from major economies are forming a coalition to explore state-issued digital currencies in response to private cryptos.
2020-1-22 15:30 | |
The world’s major central banks are coming together to assess the development of their own digital currencies, now that their role is being challenged by new technologies and the entry of giants like Facebook, through Libra.
2020-1-22 20:20 | |
The Bank of Canada along with other central banks from Japan, Switzerland, England, Sweden, and the European Central Bank (ECB) are looking to work together as part of plans to create sovereign central bank digital currencies (CBDCs).
2020-1-21 17:59 | |
The central banks of Canada, the United Kingdom, Japan, European Union, Sweden and Switzerland and the Bank for International Settlements created a CBDC research group
2020-1-21 17:14 | |
Major central banks are joining forces to explore the potential of launching central bank digital currencies
2020-1-22 16:52 | |
No matter how much the world’s leaders try to hide it, the economies of the major nations are in trouble. Extreme measures by central banks are now common practices, but history has taught us that printing more money is not the answer.
2020-1-15 05:10 | |
The pressure is mounting on the major economies of the world. This can be clearly evidenced by observing central bank monetary policy over recent years in various countries. Bitcoin was envisaged to solve this problem but more people need to start using it for that to occur.
2020-1-14 02:00 | |
Christine Lagarde claims that a CBDC issued by the European Central Bank (ECB) could have major implications for the financial
2020-1-8 20:40 | |
From Facebook’s attempt to launch Libra, to China moving closer to becoming the first major economy to issue a central bank digital currency, the last twelve months were action-packed with crypto headlines.
2019-12-28 14:09 | |
Ten years of central bank quantitative easing have fostered big distortions in the global financial system, setting it up for a major architectural shift.
2019-12-21 22:00 | |
The Act of Independence of Lithuania has been a major event in the history of this country, and it will soon be honored in the blockchain industry, according to board member Marius Jurgilas. According to a recent press release from the Bank of Lithuania, the financial institution will be releasing a digital collector coin, based […]
2019-12-10 00:46 | |
People’s Bank of China is entering another stage of its tests for a crypto payment system. The central bank announced it had completed the preliminary tests and has turned to create a testing ground with the aid of major Chinese companies and banks.
2019-12-9 12:16 | |