IMF Senior Official Says Private Corporations Can Bolster Digital Currencies

2020-5-28 19:00

Digital currencies are being increasingly looked into around the world, with most governments and corporations alike working on some iteration of the technology. In this regard, a senior official at the International Monetary Fund (IMF) believes a private-public nexus is the way forward for CBDCs.

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Источник: btcmanager.com

digital currencies → Результатов: 126

Whales Selling Off BTC for These Top 5 Alts – Should You?

As 2024 unfolds, the cryptocurrency landscape is rich with growth and creative breakthroughs, presenting numerous investment avenues. Among the diverse range of digital currencies, several have stood out this year for their distinctive qualities and potential for substantial impact.

2024-6-28 01:00	Latest News
digital currencies several range avenues investment diverse

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The Dangerous Implications Of Central Bank Digital Currencies

There are a variety of reasons consumers should be wary of developments surrounding central bank digital currencies.

2022-10-4 05:00	Opinion
digital currencies central bank should wary surrounding

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Digital euro bill set to come in early 2023

Ever since Facebook, now Meta, launched the Libra (Diem) project in 2019, in partnership with twenty or so other companies, including MasterCard and Visa, nation-states worldwide have been in a hurry to develop digital versions of their sovereign currencies, also known as Central Bank Digital Currencies, or CBDCs for short.

2022-2-12 22:30	Stablecoins
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Ghana's vice president declares Africa should embrace digital currencies

Digital currencies are primed to reinvent trade between African countries.

2021-7-29 02:01	Central Bank
digital currencies primed african countries between trade

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The Coming Rise And Fall Of Central Bank Digital Currencies

Digital currencies are quickly gaining traction in the world; but Bitcoin is poised to maintain superior incentives.

2021-7-17 01:29
digital currencies world bitcoin superior incentives maintain

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New Bank of America Report Says Digital Currencies ‘Could Boost Economic Growth’ in Developing Countries

A new Bank of America (BOA) research study has found that both central bank digital currencies (CBDCs) and private digital currencies hold “a lot of potential” for increasing financial inclusion in developing countries.

2021-6-23 02:30
digital currencies bank america new countries developing

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Crypto Market Hedging; Momentum ‘Continuing’ as Digital Currencies Seen as the ‘Future’ of Financial Systems

Everyone wants digital currencies as countries look to eliminate the dollar, but retail demand for long positions declines, with institutions on the sideline after the recent deep rut. The post Crypto Market Hedging; Momentum ‘Continuing’ as Digital Currencies Seen as the ‘Future’ of Financial Systems first appeared on BitcoinExchangeGuide.

2021-6-4 16:47	Bitcoin News
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WEF Summit: Digital Currencies are Empowering

Panelist Irene Arias, Chief Executive Officer at IDB Lab, discussed digital currencies and blockchain utilization in Latin America. Professor Long Chen, Director at Luohan Academy, spoke of his experience with digital payments in China.

2021-4-8 21:30
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U.S. Federal Reserve says digital currencies can ‘coexist’ with cash

Jerome Powell, head of the US Federal Reserve, said state-backed digital currencies and official Central Bank Digital Currencies (CBDCs) can function alongside fiat money in the coming years, as per a report on business outlet Bloomberg on Thursday.

2021-3-20 11:31	CBDCs
digital currencies federal reserve coming years fiat

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BOE’s Bailey, Western Union CEO Part of Davos Panel on Digital Currencies

The session will focus on the diminishing role of cash and the emergence of central bank digital currencies, moves accelerated by the pandemic.

2021-1-25 00:02
digital currencies role cash central pandemic accelerated

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Digital currencies disrupting the traditional finance world

Digital currencies, which include the well-known Bitcoin, Qoin, and Ethereum among others, are taking off across the world, particularly in emerging markets. The growth of digital currencies is bringing transformational change to the finance sector, partially as a result of adaptations that must be made by traditional financial institutions in order to stay competitive in a digital […]

2021-1-11 21:50	Press Release
digital currencies world finance traditional result adaptations

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Digital Currencies Could Mitigate, If Not Eliminate, Negative Interest Rates: BoE Chief Economist

The chief economist for the Bank of England, Andy Haldane, says digital currencies could reduce the country's prevalence of negative interest rates. In a statement, Haldane further spoke on the pros and possible risks that widely-accepted digital currencies have on the financial system.

2020-11-19 17:34	CBDC
digital currencies economist haldane rates chief interest

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The Big Choices When Designing Central Bank Digital Currencies

A retail CBDC or an indirect one? Synthetic? An API approach? How central banks implement digital currencies will have seismic implications.

2020-10-26 18:55	CBDCs
digital currencies central banks approach api implement

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Russia To Conduct A Pilot Of Its Digital Ruble By End Of 2021: Senior Bank Of Russia Official

Countries around the world have shown great interest in developing central bank digital currencies (CBDCs), with a good number of central banks already in the process of creating digital versions of their national currencies.

2020-10-25 18:34	Russia
digital currencies bank central russia cbdcs developing

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Mastercard Accelerates Crypto Card Partner Program, Making it Easier for Consumers to Hold and Activate Cryptocurrencies

PURCHASE, N.Y.–(BUSINESS WIRE)–Consumer interest and investment in digital currencies are growing, with research showing that up to 20…

2020-9-30 12:00	Wirex
digital currencies investment consumer interest growing research

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China's digital Yuan development may have fueled Facebook's Libra 2.0

The subject of central bank digital currencies [CBDC] has gained considerable traction lately. The introduction of Libra in 2019 also pushed several countries to plan their own digital currencies.

2020-4-17 15:30	Trading View
digital currencies libra own 2019 introduction lately

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US House Financial Services Committee To Hold Digital Currency Hearing Next Month

Chairwoman Maxine Waters just released the March schedule for the US House Financial Services Committee with one interesting addition on March 24th. The Subcommittee on National Security, International Development, and Monetary Policy will meet to discuss digital currencies in a hearing called “A Review of Domestic and International Approaches to Digital Currencies.” It will start […]

2020-2-28 21:40	Legal & Regulation
digital currencies march hearing services financial house

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‘Crucial’ for Central Banks to Consider Digital Currencies: Bank of England Exec

Governments need to research digital currencies so they can strike a balance with private issuers, said the BoE's chief cashier.

2020-2-25 14:50	CBDCs
digital currencies private balance strike issuers said

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Major Central Banks to Discuss Digital Currencies Amid IMF Conference

Six major central banks will reportedly discuss digital currencies in April during an International Monetary Fund conference

2020-2-6 12:22	Government
digital currencies major discuss conference central banks

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Digital currencies, though useful, cannot be private: Bank of France's Villeroy

Digital currencies are increasingly being viewed as a reliable alternative off-late. Be it U.S-Iran tensions or the economic slowdown in developing countries, people are now curious about cryptocurrenThe post Digital currencies, though useful, cannot be private: Bank of France's Villeroy appeared first on AMBCrypto.

2020-1-25 17:09	Trading View
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IMF's Chief Economist: Digital currencies issued by tech firms may be advantageous

The International Monetary Fund's Gita Gopinath has joined the list of financial personalities that have opined on digital currencies, via an article written for the Financial Times. The article titleThe post IMF's Chief Economist: Digital currencies issued by tech firms may be advantageous appeared first on AMBCrypto.

2020-1-7 17:36	Trading View
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US Federal Reserve Hiring Retail Payments Manager to Research Digital Currencies

The central bank is expanding the role of its Retail Payments Manager to include digital currencies, stablecoins and distributed ledger technologies as part of a new hire.

2019-11-5 02:45	Stablecoins
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BIS Chief: Central Banks May Issue Digital Currencies ‘Sooner Than We Think’

The chief of the Bank for International Settlements has acknowledged that central banks will likely soon need to issue their own digital currencies.

2019-7-2 11:00
digital currencies issue central chief banks likely

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Digital Gold: A Game-Changer for Traditional and Digital Currencies

Disruption of the global monetary order Trust in currencies is vital for the global economy to function. In the past, when metal money was prevalent, people exchanged gold and silver coins because they were inherently valuable.

2019-1-5 17:10
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Dr Doom Claims Central Bank Digital Currencies Could Destroy Crypto

If central banks issue their own digital currencies, then it would destroy cryptocurrencies like Bitcoin, wrote Nouriel “Dr. Doom” Roubini in his latest column. The article, titled “Why central bank digital currencies could destroy crypto,” saw the American economist building up his rants against the cryptocurrency space.

2018-11-22 20:00	Crypto
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Government Supported Central Bank-Issued Digital Currencies: Now or Never?

There has been series of condemnations on central bank-supported digital currencies (CBDC). Recent among this is that of the Bank of Japan’s (BOJ) deputy governor, Masayoshi Amamiya on October 20 reiterating his pessimistic views towards CBDC under the claim that digital assets do not have anything good to add to the existing monetary systems. Looking […]

2018-10-26 01:25	News
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UK MPs Urge Regulation for ‘Wild West’ Crypto Industry

The UK Treasury Committee published a report on crypto-assets for its Digital Currencies inquiry. In the report, they seem keen on pushing a ‘Wild West’ analogy. Time Flies… The Digital Currencies inquiry was launched in February of this year, with a remit to “cover the role of digital currencies in the UK.

2018-9-20 10:00
digital currencies inquiry wild west urge mps

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Reserve Bank of India Concerned about Crypto-Regulations Backfiring

The Reserve Bank of India’s decision to crack down on the emerging crypto space may have been having the unintended effect of pushing digital currencies back into the underground. Ban Creating a Black Market? On August 29, 2018, the RBI released its annual report, which stated that there was a need to keep track of digital currencies in order to...The post %%POSTLINK%% appeared first on %%BLOGLINK%%.

2018-9-3 18:00	RBI
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EU Study: Central Bank Digital Currencies Will Reshape Crypto Markets And Limit Competiton

Europen Union Study shows central banks coming together with their own digital currencies, i.e., CBDCs could mean an end of the journey for the decentralized digital tokens. The post EU Study: Central Bank Digital Currencies Will Reshape Crypto Markets And Limit Competiton appeared first on CoinSpeaker.

2018-7-23 16:26
digital currencies study central limit markets competiton

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Central Bank Digital Currency Called The ‘Worst Financial Idea In Recent Times’

On 18th July 2018, the US congressional subcommittee on Monetary Policy and Trade held a discussion aimed at addressing some of the major questions currently facing digital currencies. The hearing that was aptly named “The Future of Money: A Look at Digital Currencies” looked at all the implications that would come with implementing cryptocurrencies in […]

2018-7-20 17:53	News
digital currencies aptly facing major questions currently

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US House Committee Hosts “The Future of Money: Digital Currency” Event July 18 on Capital Hill

US Congress to Discuss the Future of Digital Currencies The subject of digital currencies is certainly a matter of concern to many people, despite its contentiousness. So serious is this topic that the US Congress has severally discussed it during its sessions.

2018-7-13 21:47	News
digital currencies congress house future severally discussed

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Researchers say time for Central Banks to issue digital currencies, but Cryptos too ‘hot’ for this

In a new financial system research report, economists say the environment is ripe for central banks to issue digital currencies. However, they cautioned against cryptocurrencies, given the high volatility in their prices, which would not be conducive to a national financial system.

2018-6-28 19:19	volatility
digital currencies report issue say central banks

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KIEL says the Central Bank Digital Currency can bring stability

According to the latest report published by economic researchers from the KIEL Institute of World Economy, the issuance of digital currencies by a central bank would prove to be more beneficial for a healthy and stable financial system.

2018-6-28 17:10
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Cryptojacking Becomes a Nuisance for Users Throughout the World

The growing popularity of Cryptocurrencies like Bitcoin has made it possible for hackers to find lucrative earning opportunities by hijacking your computer and using it for mining digital currencies.

2018-6-28 13:29	security
hackers cryptojacking using bitcoin mining becomes throughout

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PR: Cryptagio Obtains Licences – Is Half Way to Becoming a Crypto Fiat Exchange

Tallinn, Estonia, — On its way to supporting fiat currencies, Cryptagio digital asset exchange is halfway through. The company has recently obtained licences for providing its users with a crypto-fiat exchange as well as wallet services.

2018-6-28 12:30
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The ups and downs of Cryptocurrencies (interactive chart)

Cryptocurrencies are entering the mainstream, but the alternative currency system remains a culture of its own that is baffling to most outsiders. Indeed, even those who are intimately involved in the mining and trade of digital currencies are in the dark a lot of the time – so unpredictable and uncontrollable are the forces that […]

2018-6-28 12:21	News
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Report: The central bank can provide digital currency digitalization, but the crypto will change very much

Economic researchers at the Kiel Institute for the World Economy have identified digital currencies issued by a central bank as an opportunity for a more stable financial system, while at the same time rejecting cryptocurrencies, Cointelegraph auf Deutsch reports today, June 27.

2018-6-28 09:01
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Report: Central Bank Digital Currency Could Provide Stability, But Crypto Is Too Volatile

Economic researchers at the Kiel Institute for the World Economy report that central bank digital currencies could provide stability, and are different from crypto, which is too volatile

2018-6-28 06:18	Banks
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Florida Could Now Have a Cryptocurrency Chief for Regulatory Oversight

Chief Financial Officer (CFO) of Florida, Jimmy Patronis, announced the creation of a new position in the state called cryptocurrency chief on Tuesday, June 26. The new designee will help develop a regulatory framework in the state for cryptocurrencies and look into the current insurance and securities laws and their application on digital currencies and Initial […] Florida Could Now Have a Cryptocurrency Chief for Regulatory Oversight was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

2018-6-27 22:58	Cryptocurrency
cryptocurrency chief regulatory florida state oversight could

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ING Bank: Crypto Uptake Will Multiply

A prominent bank brought an unexpected boost to the crypto industry. ING Bank released the findings of its latest crypto research report and claimed adoption could increase rapidly in the European region.

2018-6-27 21:59	Cryptocurrency
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DOJ, U.S. Agencies Seize Over $12M Bitcoin in a Slew of Dark Web Busts

The U. S. Department of Justice, in cooperation with the Immigration and Customs Enforcement’s Homeland Security Investigations (HSI), the Secret Service (USSS), the Postal Inspection Service (USPIS) and the Drug Enforcement Administration (DEA), have apprehended more than 35 dark web drugs and arms dealers in a nation-wide bust.

2018-6-27 20:26	Law & justice
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Florida to Create Position for Cryptocurrency Czar, Increase Regulatory Clarity

Florida’s Chief Financial Officer (CFO) revealed plans to create a statewide position to oversee the application of current securities and insurance legislation for Initial Coin Offerings (ICOs) and digital currencies.

2018-6-27 20:00	Regulations
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Cryptos on the Verge of Crossing the Tipping Point as 9% of Europeans Say They Hold Digital Currencies

Cryptos are on the verge of crossing the tipping point into mainstream adoption with a survey of 15,000 individuals finding 9% of Europeans hold cryptocurrencies. The figure stands at 8%... The post Cryptos on the Verge of Crossing the Tipping Point as 9% of Europeans Say They Hold Digital Currencies appeared first on Trustnodes.

2018-6-27 17:21	News
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Cryptos Are Neither Currencies nor Securities, SARB Deputy Governor Says

Francois E. Groepe, deputy governor of the South African Reserve Bank (SARB), said that it does not consider digital coins securities or currencies. He suggested that SARB does not prefer to use the term “cryptocurrency.

2018-6-27 16:19	Cryptocurrency
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EU Report: State Cryptocurrencies Could Create a Stable Financial System

An EU report has concluded that central bank digital currencies (CBDCs) could pave the way towards a more stable financial system due to their ‘disruptive’ ability. It also recognised the opportunities for oppressed countries to use cryptocurrencies, but highlighted the risks of volatility in the crypto market.

2018-6-27 23:00	volatility
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ETFs or Institutional Investors Could Drive Bitcoin to $35,000

IronWood, which is a cryptocurrency research company, believe that ETFs or institutional investors could spark the demand for digital currencies needed to boost prices and start the next rally. They predict the next upward rally of prices could reach $35,000, which is almost double the December 2017 highs.

2018-6-26 21:01	Bitcoin
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2 apac Countries Have Ruled Out Central Bank Advanced Currencies

Australia and New Zealand have both just ruled out the option of pursuing a central bank digital currency (CBDCs) – at least for now. Subsequently, he reiterated the RBA’s stance on issuing a central bank digital currency – or an “eAUD” as the bank’s governor Philip Lowe called it in a previous speech – that a

2018-6-26 16:48
bank central digital currency out ruled eaud

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2 APAC Nations Have Ruled Out Central Bank Digital Currencies

The central banks of both Australia and New Zealand have said they do not plan to create their own digital currencies – at least for now.

2018-6-26 14:00
digital central currencies plan create own least

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BIS Economic Adviser: Cryptocurrencies Should Be Considered Securities

The Bank for International Settlements’ economic adviser Hyun Song Shin says that digital currencies should be considered securities

2018-6-26 05:07	security
securities should considered economic adviser shin song

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Paxos to expand Euro presence through acquisition of Membrane Finance

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Binance launches BFUSD stablecoin offering 19.55% APY

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Could crypto save the U.S. from a debt crisis, will it push Bitcoin above $150k?

Crypto could stave off the U.S. debt crisis, according to Former House Speaker Paul Ryan in his recent op-ed published in the Wall Street Journal. Ryan argues that America’s $35.46 trillion and rising debt threatens the U.S. dollar’s status as…

Binance will launch USUAL stablecoin on Nov. 19

Binance will be the first platform to launch the stablecoin USUAL on Nov. 19. The crypto exchange will provide trading support for USDT and USUAL trading pairs. In a notice published on Nov. 14, Binance announced the 61st project that…

Transfero integrates Wormhole as interoperability provider

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2020-5-28 19:00

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