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Congressman Tom Emmer Sounds Alarm: CBDCs Could Threaten American Freedom
In a recent press conference on Central Bank digital currencies (CBDCs) and crypto, Congressman Tom Emmer, the US House Majority Whip and prominent Republican discussed the House Republicans’ commitment to delivering on promises made to the American people. дальше »
2023-9-14 01:00 | |
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India, Nigeria, Vietnam lead grassroots crypto adoption: Report
The index assessed more than 150 nations to determine grassroots cryptocurrency adoption. The Central and Southern Asia and Oceania (CSAO) region dominated the top of the 2023 index. India The post India, Nigeria, Vietnam lead grassroots crypto adoption: Report appeared first on AMBCrypto. дальше »
2023-9-13 17:00 | |
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Israel and Hong Kong forge new path in CBDC development
The joint project drew upon the diverse expertise of central banks and trusted private entities. This approach does not disrupt traditional financial institutions, as it pertains to banks, credThe post Israel and Hong Kong forge new path in CBDC development appeared first on AMBCrypto. дальше »
2023-9-13 16:00 | |
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Chainalysis: Central, Southern Asia and Oceania dominate crypto adoption
Central & Southern Asia and Oceania (CSAO) lead the crypto adoption index, contributing six countries on the top ten list of Chainalysis’ latest index. Chainalysis has shared its recent report with crypto. дальше »
2023-9-12 16:03 | |
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Europe's Rates Dilemma
The European Central Bank is in a bind, facing the need to continue raising rates to battle sticky inflation without causing a downturn. дальше »
2023-9-14 17:00 | |
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India explores new features for CBDC amid weak retail activity
The Reserve Bank of India is said to be working with local banks to link the digital version of e-rupee with the country’s national payments system. India’s central bank, the Reserve Bank of India (RBI), is reportedly collaborating with local… дальше »
2023-9-11 14:34 | |
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Federal Reserve’s Top Official: US CBDC Still a Distant Dream
At the Fintech Conference, Michael S. Barr detailed the Federal Reserve's payment advancements and clarified that a US central bank digital currency remains a distant consideration. The post Federal Reserve’s Top Official: US CBDC Still a Distant Dream appeared first on BeInCrypto. дальше »
2023-9-8 18:00 | |
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Taiwan plans ban on unregistered offshore crypto exchanges
Taiwan plans to restrict access to offshore cryptocurrency exchanges that are not registered with the local regulators. According to a Sept. 7 report by Taiwan’s semi-official Central News Agency, the country’s Financial Supervisory Commission recently drafted ten virtual asset service… дальше »
2023-9-8 12:14 | |
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House Financial Services Committee announces ‘Digital Dollar’ hearing as pressure to pass crypto legislation intensifies
The House Finance Committee has announced another hearing on cryptocurrency regulation as demand for congressional action on the virulent industry intensifies. Held by the Digital Assets, Financial Technology and Inclusion Subcommittee and Entitled “Digital Dollar Dilemma: The Implications of a Central Bank Digital Currency and Private Sector Alternatives,” the hearing will take place at 2:00 […] The post House Financial Services Committee announces ‘Digital Dollar’ hearing as pressure to pass crypto legislation intensifies appeared first on CryptoSlate. дальше »
2023-9-8 03:00 | |
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Cryptos, Stocks Drop as the Federal Reserve Anticipates More Rate Hikes
Cryptos and stock indices Dow Jones, S&P 500, and Nasdaq experienced dips after Federal Reserve hints at further rate hikes. The announcement leaves investors wary and closely watching the central bank's next moves. дальше »
2023-9-6 21:02 | |
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Digital ruble rise threatens future of conventional banking in Russia
Anatoly Aksakov, the chairman of Russia’s Financial Market Committee in the State Duma, suggested that the Digital Ruble, a central bank digital currency (CBDC), could potentially render traditional banks redundant, as local media outlet Ria reported on Sept 5. дальше »
2023-9-6 15:55 | |
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ECB executive Fabio Panetta aims for digital euro expansion
The European Central Bank executive, Fabio Panetta, stated in a speech that the EC proposal for the digital euro could give the CBDC legal tender status. In a speech at the Economic and Monetary Affairs Committee, the executive said that… дальше »
2023-9-5 15:06 | |
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South Korean Hana Bank and BitGo to launch joint crypto custody venture
Hana Bank and BitGo are expected to launch a crypto custody service in the second half of 2024. Hana Bank is interested in having tokenized deposit technology replace central bank digital currencies and private stablecoins. дальше »
2023-9-5 13:06 | |
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Chinese central bank exec aims for digital yuan retail expansion
Changchun Mu, an executive from the People’s Bank of China (PBOC), stated that the digital yuan needs to be available in retail scenarios. According to the local source Paper, Mu explained at a trade forum in Beijing that the central… дальше »
2023-9-4 11:58 | |
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India’s Yes Bank Streamlines Digital Rupee with UPI Integration
Yes Bank plans to integrate India's Central Bank Digital Currency (CBDC), the e-Rupee, with UPI QR codes, enabling users to conduct transactions through its Digital Rupee app. The post India’s Yes Bank Streamlines Digital Rupee with UPI Integration appeared first on BeInCrypto. дальше »
2023-9-4 02:41 | |
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Jamaican Taxis Go Digital As Drivers Gear Up To Embrace Jam-Dex CBDC
Jamaica’s quest for digital financial transformation is gaining momentum, and its homegrown Central Bank Digital Currency (CBDC), Jam-Dex, is at the heart of this change. Recent developments suggest that the transportation sector, particularly bus and taxi drivers, is looking to leverage the benefits of Jam-Dex. дальше »
2023-8-31 00:00 | |
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Bahamas, Jamaica, and Nigeria pioneer CBDC adoption
As 130 economies explore CBDCs, the Bahamas, Jamaica, and Nigeria have fully launched their versions, while G20 nations proceed cautiously. According to the Atlantic Council Central Bank Digital Currencies (CBDC) Tracker updated on Aug. 16, only three countries have fully… дальше »
2023-8-29 13:26 | |
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Spain’s central bank expects digital euro to enhance financial services
The deputy governor of the Spanish national central bank, Margarita Delgado, has spoken about the future of the digital euro and how private payment solutions will interact with it. Speaking in line with the recently proposed digital euro legislative plan,… дальше »
2023-8-28 16:51 | |
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Indian Billionaire Mukesh Ambani's Firm Will Explore Blockchain Platforms and CBDCs
Reliance Industries Ltd. is entering the world of blockchain and central bank digital currencies (CBDCs), its Chairman and Asia's richest man, Mukesh Ambani, announced on Monday. дальше »
2023-8-28 13:52 | |
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Fed Chair Jerome Powell discusses target interest and inflation rates at Jackson Hole summit
The robust growth of the U. S. economy may necessitate additional interest rate increases to mitigate inflationary pressures, according to Federal Reserve Chair Jerome Powell. Speaking at the Jackson Hole Economic Symposium, an annual conference of central bankers in Jackson Hole, Wyo. дальше »
2023-8-26 21:01 | |
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Economic Reset Alert: Bloomberg Analyst Predicts Bitcoin Crash Below $10,000
Bitcoin (BTC), the world’s largest cryptocurrency, has experienced a period of stability around the $26,000 mark following the recent speech by Federal Reserve Chair Jerome Powell. Powell reiterated the central bank’s commitment to maintaining a 2% inflation target in his speech. дальше »
2023-8-25 20:58 | |
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Central banks globally roll back balance sheets – quantitative tightening pace heightened
Quick Take Global central banks are decidedly rolling back on their respective balance sheets, indicating an aggressive stride in quantitative tightening for 2023. The Bank of England’s (BOE) balance sheet downsized by 3%, while the Federal Reserve reported a 4% reduction. дальше »
2023-8-24 19:00 | |
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Reserve Bank of Australia issues report on CBDC use cases
On August 23, the Reserve Bank of Australia (RBA) and the Digital Finance Cooperative Research Centre (DFCRC) unveiled their findings in a report detailing the implications of a central bank digital currency (CBDC). дальше »
2023-8-24 03:40 | |
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Australia’s central bank releases report highlighting CBDC use cases
The Australian Central Bank and the Digital Finance Cooperative Research Centre have released a report on the use cases for CBDCs in the country дальше »
2023-8-24 22:51 | |
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Australia’s Central Bank Wraps Up CBDC Pilot Program – Is Issuance On The Horizon?
Australia’s central bank, the Reserve Bank of Australia (RBA), has completed its pilot program exploring the potential use cases of a central bank digital currency (CBDC). The research project, carried out in conjunction with the Digital Finance Cooperative Research Centre (DFCRC), involved 16 selected industry participants, including Mastercard, Australian Bond Exchange, and Fame Capital. This […] дальше »
2023-8-23 18:00 | |
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South Korean City Announces Plan To Seize Crypto Assets Of Local Tax Evaders
The government of Cheongju City, located in the central region of South Korea, is looking to confiscate virtual assets such as Bitcoin from tax evaders. According to a local media report on August 22, the city authorities sought cooperation from seven crypto exchanges, including Upbit and Bithumb, to punish these delinquents. These exchanges have been […] дальше »
2023-8-23 01:00 | |
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Ripple’s Global CBDC Adoption Paradox: 8 Countries Onboard Despite XRP Slump
Ripple has announced that its blockchain technology, underpinned by its native cryptocurrency $XRP, is being adopted by no fewer than eight countries to build their Central Bank Digital Currencies (CBDCs). дальше »
2023-8-22 20:30 | |
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Citi's whitepaper highlights this shift in the securities industry. Assessing...
The securities industry is focusing on innovative solutions and automation to meet the challenges of the evolving landscape. A remarkable 87% of respondents view central bank digital currenciesThe post Citi's whitepaper highlights this shift in the securities industry. Assessing... appeared first on AMBCrypto. дальше »
2023-8-22 19:00 | |
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Crypto amplified financial risks in emerging markets: BIS papers
The central banks of the United States, Canada, Mexico and Brazil have pointed out the risks of crypto but warned against excessively prohibitive laws. дальше »
2023-8-22 16:45 | |
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OpenSea to suspend Operator Filter as Blur’s ascendency gains momentum
OpenSea to sunset Operator Filter by 31 August. Blur continues to dominate trade volume. The discussion about royalties was a central topic in the NFT realm in 2022. OpenSea was particularlyThe post OpenSea to suspend Operator Filter as Blur’s ascendency gains momentum appeared first on AMBCrypto. дальше »
2023-8-19 00:30 | |
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Mastercard forges blockchain alliances to power future of CBDCs
Mastercard is partnering with Ripple, Consensys, and other blockchain companies on a central bank digital currency program. On Aug. 17, the payments giant announced its CBDC Partner Program, including other inaugural partners like tokenized assets company Fluency, digital assets platform Fireblock, Consult Hyperion, and Idemia. дальше »
2023-8-18 13:30 | |
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