2020-11-25 13:02 |
Oki Matsumoto said a central bank digital currency would make it easier to convert cryptocurrency into legal tender.
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China’s central bank digital currency (CBDC) testing train is scheduled to make its next stop in the city of Suzhou as authorities accelerate plans to issue the digital yuan. While several countries are actively involved in developing their sovereign digital currencies, China is reportedly leading the global CBDC revolution.
2020-11-24 00:03 | |
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Changpeng Zhao (CZ) has said that China’s central bank digital currency (CBDC) has a strong lead. As a result, other countries would be under pressure to design their own CBDCs. Binance CEO Changpeng Zhao, in an interview with Bloomberg on Nov.
2020-11-14 14:41 | |
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European Central Bank (ECB) president, Christine Lagarde, said on Thursday that the EU would make its decision on whether to pursue a digital euro in January 2021. This comes as more jurisdictions pay closer attention to Central Bank Digital Currencies, given the accelerated paradigm shift to virtual payment networks amidst the COVID-19 pandemic.
2020-11-14 23:32 | |
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BitPay has announced a new product dubbed ‘BitPay Send,’ which enables companies to make crypto payments without necessarily holding digital assets. The crypto payment services provider targets extending its clientele portfolio with BitPay Send to bridge the gap that exists when it comes to paying for labor or services in crypto.
2020-11-14 19:33 | |
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The Russian Ministry of Finance intends to make amendments to its tax law in a bid to clarify regulations surrounding crypto taxation. The ministry unveiled this news on November 11 through an article, noting that the proposed changes are necessary for the implementation of the rules embedded in the law on digital financial assets and digital currencies, which the country adopted in the summer of 2020.
2020-11-14 16:47 | |
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According to the country's central bank governor, Riad Salameh, Lebanon is set to debut its own Central Bank Digital Currency (CBDC) in 2021. Bloomberg, which reported on this development, cited a Lebanese state-run News Agency, noting that the Mediterranean island plans to make the paradigm shift due to transitioning to cashless networks and restoring confidence […] The post Lebanon to Launch a CBDC in 2021 to Boost Confidence In the Country’s Banking Sector first appeared on BitcoinExchangeGuide.
2020-11-12 22:35 | |
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Lebanese central bank has concluded plans to roll out its digital currency next year. The country’s central bank will become the latest monetary regulator to make a move towards the launch of a central bank digital currency (CBDC).
2020-11-11 16:06 | |
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The government of the United Kingdom is making active plans to transform the nation’s financial ecosystem and ultimately make the region a hotbed for innovative businesses. The government says it plans to formulate amenable regulations for stablecoin initiatives and central bank digital currencies (CBDCs), according to a statement November 9, 2020.
2020-11-11 22:00 | |
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With the digital currency revolution continuing to gather pace, the debate between advocates of proof-of-work and newer agreement algorithms rages on. Beyond the rhetoric, the evolution of the consensus approach continues to make steady progress that, due to design limitations, transactionally-focused proof-of-work networks find it difficult to match.
2020-11-1 21:13 | |
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JP Morgan giant announces the launch of a special unit for blockchain projects, planning to make money from them and handle large digital cross-border payments
2020-10-27 13:45 | |
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Russia’s government says that a Russian ruble will come about in three to seven years. It believes that a central bank-backed digital currency (CBDC) could help make payments transparent, thus fighting corruption and poverty.
2020-10-24 18:00 | |
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The US Federal Reserve is still interested in creating a Central Bank Digital Currency (CBDC) but is yet to make a final decision on when and how the project will be undertaken. That’s according to a recent opinion by Jerome Powell.
2020-10-20 20:51 | |
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Russia's central bank says a digital ruble could make Russia less dependent on the U.S. dollar and more resistant to foreign sanctions.
2020-10-20 15:07 | |
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In late September, the Bahamas announced that it would officially launch its central bank digital currency known as the “Sand dollar” this month. According to reports, the country’s central bank is planning to make the CBDC interoperable on a global scale.
2020-10-18 00:20 | |
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Bitcoin's value has been appreciating over the past week and it currently stands at $11, 377. The value of the digital asset peaked a couple of days back at $11,731, but could not hold on to this leveThe post These key metrics make a more bullish case for Bitcoin appeared first on AMBCrypto.
2020-10-16 16:30 | |
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The Bahamas’ digital currency is currently used domestically.
2020-10-16 16:34 | |
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The deputy governor of the People’s Bank of China (PBOC), Chen Yulu, called for speeding up the process of launching China’s digital currency, the e-yuan, and to make CBDC part of an “independenThe post China should accelerate its efforts to launch CBDC, PBoC urges appeared first on AMBCrypto.
2020-10-12 17:30 | |
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San Francisco-based Coinbase digital currency exchange recently announced a decision to make another coin available for staking. The coin in question is Cosmos (ATOM), and eligible users can now earn 5% APY on their ATOM tokens.
2020-9-30 09:48 | |
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Bitcoin was introduced as digital electronic cash, however, to make it a viable payment system, the network needs faster transaction processing. Currently, the transaction processing time for Bitcoin The post Why the Lightning Network is so underrated appeared first on AMBCrypto.
2020-9-29 15:30 | |
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Coinspeaker China’s Digital Yuan Is Legally Compensatory to Local Fiat CurrencyThe digital yuan introduction is seen as a silent way for the Chinese government to make a huge move in accordance with the global market need and also a way to control the fast-growing ‘uncontrolled’ crypto industry.
2020-9-15 16:24 | |
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Bitcoin still has ground to make up in the mainstream world.
2020-9-12 23:51 | |
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European Central Bank President Christine Lagarde says a panel of eurozone central bank officials is exploring the pros and cons of a digital euro and will soon reveal whether or not the region needs to create their very own central bank digital currency.
2020-9-12 18:35 | |
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High performance, open-source blockchain Ontology announced a new product suite as it looks to make its mark on the decentralized finance (DeFi) space, according to a press release. Ontology Goes the DeFi Way Specializing in digital identity and data, Ontology launched a new decentralized identity solution earlier this month, making it easier and more secureRead MoreRead More.
2020-9-10 20:00 | |
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After falling under $10,000 briefly yesterday, bitcoin started moving upwards today. But that didn’t last long. The leading digital currency went north to as high as $10,446 only to make its way downwards, going to $9,950, much like it has been doing for the past week.
2020-9-8 15:48 | |
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The Federal Reserve will allow inflation to run above 10%, said Fed Chairman Jerome Powell during the much-awaited virtual speech from the central bank’s annual Jackson Hole, Wyoming symposium. Bitcoin’s price responded to the news quite visibly, forming an inverted V, as the digital asset jumped from $11,290 to just above $11,600.
2020-8-27 19:48 | |
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The rise in volatility has made the cryptocurrency market a very competitive space as every coin strives to make the most of the active market. Bitcoin, the largest digital asset has been also a spectThe post Bitcoin futures trading at a not-so-high premium appeared first on AMBCrypto.
2020-8-27 01:00 | |
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Decentralized finance (defi) continues to make waves this week, as the Yearn Finance project token (YFI) jumped over 270% during the last five days. The digital token is worth more per coin than the price of bitcoin today, as the asset is currently trading for $15,934 per YFI.
2020-8-20 17:26 | |
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Chinese iron ore importers want to adopt the digital yuan to make transactions less dependent on American currency.
2020-8-19 04:54 | |
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During the last two years investment vehicles that allow crypto asset holders to gather yields have grown exponentially and anyone can make passive income with a number of avenues. Staking validators, decentralized finance (defi) lending services, and interest rate earning accounts provide digital currency holders with the means to make their money work for them.
2020-8-12 01:15 | |
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Ontology, the high performance, open source blockchain specializing in digital identity and data, has announced the release of a new decentralized identity solution, which will make it easier and more secure than ever for crypto holders and traders to manage and exchange digital assets.
2020-8-12 22:04 | |
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MicroStrategy, a business intelligence, mobile software, and cloud-based services provider, is planning to make an investment in bitcoin and other digital assets, as per the Q2 2020 Earnings Call of the company held on Jul 28, 2020.
2020-8-6 17:50 | |
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Crypto traders didn't have to be choosy to make money in July, when every digital asset in the CoinDesk 20 rose (except, of course, for the stablecoins).
2020-8-3 15:22 | |
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Bitcoin trading is growing in Russia. That’s despite attempts by the government to make it difficult for investors to do so. For years, Russian lawmakers have blown hot and cold over cryptocurrency regulation, creating an atmosphere that has often left the entire digital asset industry in the country on tenterhooks.
2020-7-31 13:30 | |
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Coinbase has added yet another digital asset to its earn program, and this time it’s another DeFi token. The San Francisco-based cryptocurrency exchange announced that now its customers can earn $6 in KNC by watching lessons and completing quizzes about Kyber Network protocol that aims to make swapping cryptocurrencies and digital assets simple and efficient. […]
2020-7-28 16:45 | |
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In the early stages of Bitcoin development, most cryptocurrency enthusiasts tended to think that the original digital currency offered them complete anonymity and they could make purchases with this type… The post Does Bitcoin’s Enhancing Anonymity Mean Doomsday for Privacy Coins? appeared first on CoinCentral.
2020-7-22 18:47 | |
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Are you surprised? Many aren’t! Binance Futures is all set to make the most out of the ongoing DeFi craze. It doesn’t matter whether the price of a digital asset goes up or down, cryptocurrency exchanges roll in cash either way.
2020-7-22 18:41 | |
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Blockchain is one of the most innovative technologies in modern times. This relatively new tech is already disrupting many industries, from logistics to manufacturing, finance, and more. This technology can replace old infrastructures with more cost-effective, transparent, secure, and reliable infrastructures.
2020-7-22 11:46 | |
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Digital dollars can promote a more inclusive financial system, or they can contribute to already-growing economic inequality in the U.S.
2020-7-16 19:49 | |
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Gemini crypto exchange is boosting the security of its network following the integration of hardware security key support functions. This move is meant to make the Winklevoss run digital currency exchange more secure, given the history of hacks in the crypto industry.
2020-7-15 21:16 | |
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With a pandemic still ravaging global markets, many investors have sought to look at it as the best time to make investments that might reap some rewards in the future. In fact, many traders have beenThe post Bitcoin no longer reflects "digital assets investable universe" appeared first on AMBCrypto.
2020-7-9 11:30 | |
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Today, the largest crypto exchange, Binance, announced that it has completed the acquisition of Swipe, crypto wallet app, and Visa-licensed debit card provider. The deal will see the two companies working together to boost the global adoption of cryptocurrencies by making it easy for end-users to make payments or purchases in digital assets via traditional […]
2020-7-8 18:42 | |
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BoA researchers anticipate China's digital yuan might make a dent in the greenback’s global hegemony.
2020-7-8 15:51 | |
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Bitcoin and the aggregated crypto market have once again extended their multi-week bout of sideways trading The benchmark digital asset has continued trading sideways in the lower-$9,000 region, with most altcoin’s closely tracking its price action This may not last for too much longer, however, as one trend seems to indicate that BTC is gearing up to make a large movement in the coming one or two days As for whether this movement will favor […]
2020-7-3 21:00 | |
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Bitcoin is stuck in a range and continues to struggle to make its way out of it. The world’s leading digital currency is currently hovering around $9,200, turning barely green on just $1. 3 billion ‘real’ trading volume.
2020-6-26 16:18 | |
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As a global digital asset exchange, BitTok is committed to exploring new value dimensions in the blockchain world, striving to make blockchain investment more transparent, making digital asset transactions safer, and creating fairer, more open, and more transparent transactions mechanism of exchanges.
2020-6-8 17:57 | |
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Massimo Buonomo, a United Nations global blockchain and fintech expert, said the rising development of CBDCs and the low interest (negative) rates offered in commercial bank accounts may act as a catalyst to make corporate bank accounts obsolete.
2020-6-6 22:45 | |
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Swiss financial watchdog, the Swiss Financial Market Supervisory Authority (FINMA) has given the go-ahead to InCore bank to engage in digital asset transactions, the bank announced recently. FINMA Approves InCore Bank for Cryptocurrency Transactions Swiss regulators continue to make crypto-banking services easily-accessible for customers as according to a recent development, the FINMA has given theRead MoreRead More.
2020-5-31 15:00 | |
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The blockchain giant Ripple has come up with a cloud solution to help its customers make faster corporate payments as the world goes more digital
2020-5-28 14:54 | |
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Emerging digital asset Bitgesell has developed a practical ecosystem, and long-term solution for the digital gold debate. The project overcomes issues plagued by Bitcoin to make it an extremely attractive proposition to holders, miners, and businesses 18th May 2020, Amsterdam, Netherlands – Digital asset and cryptocurrency Bitgesell is a new project geared towards practical application, and offers a more […] The post Digital Asset Bitgesell Provides the Perfect Ecosystem to Become Digital Gold appeared first on NullTX.
2020-5-21 11:04 | |
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Coinspeaker Japanese Government to Create Panel to Explore Digital Yen While there is a plan to set up a panel in April, the Japanese government is also launching a pilot program for the digital yen in the same month.
The Bank of Japan has announced its readiness to explore the issuance of a central bank digital currency (CBDC) through a pilot program launching in April.
The cryptocurrency market would benefit from the presence of the Digital Yen and other… The post Monex Group CEO says Digital Yen will boost crypto market appeared first on Coin Journal.
A group of Japanese companies plans to develop and test a private digital currency that would work alongside cash.