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Zimbabwe Sells Millions of Gold-backed Crypto Tokens, Shrugs off IMF Advice
Zimbabwe ignored the International Monetary Fund’s (IMF) caution and engaged in the sale of its gold-backed crypto tokens. As a result, the Reserve Bank of Zimbabwe recorded huge success selling its gold-backed digital assets worth 14 billion in its native currency or 39 million in United States dollars. дальше »
2023-5-16 21:40 | |
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Samsung and Bank of Korea join forces for CBDC research
Samsung Electronics and the Bank of Korea (BOK) have announced a partnership to conduct joint research, focusing on the development of an offline payment system for a central bank digital currency (CBDC). дальше »
2023-5-16 20:48 | |
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Bank of Korea and Samsung to research on CBDC payments via NFC, more inside
Samsung and Bank of Korea (BOK) are going to collaborate to research on CBDC for offline payments. In November 2022, the bank also designed and tested a CBDC program that simplifies cross-bordeThe post Bank of Korea and Samsung to research on CBDC payments via NFC, more inside appeared first on AMBCrypto. дальше »
2023-5-15 16:00 | |
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Reserve Bank of Zimbabwe Defies IMF’s Warning, Sells $39M Worth of Gold-backed Digital Tokens
Coinspeaker Reserve Bank of Zimbabwe Defies IMF’s Warning, Sells $39M Worth of Gold-backed Digital Tokens Zimbabwe seeks to use gold-backed crypto tokens to salvage the country’s economic situation. дальше »
2023-5-15 15:46 | |
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South Korea is researching offline CBDC payments via Samsung devices
The Bank of Korea — the country’s central bank — signed a memorandum of understanding with Samsung on May 15 to collaborate on offline central bank digital currency (CBDC) research, according to a press release. дальше »
2023-5-15 15:00 | |
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Samsung to Work with Bank of Korea for Offline CBDC Payment Using NFC
Coinspeaker Samsung to Work with Bank of Korea for Offline CBDC Payment Using NFC Samsung and BOK will continue to explore new ways of developing a CBDC ecosystem and leverage the NFC technology to power offline CBDC payments. дальше »
2023-5-15 13:47 | |
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Zimbabwe sells millions of gold-backed crypto tokens despite IMF warning
The Reserve Bank of Zimbabwe’s first gold-backed cryptocurrency sale has been a success.
дальше »2023-5-15 08:22 | |
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Market Uncertainty Has Investors Flocking To Crypto Projects Like DigiToads (TOADS) and Ripple (XRP)
In recent times, the world of finance has been plagued by market uncertainty, especially in the realms of cryptocurrency and traditional banking. This uncertainty has been fueled by various factors, such as fluctuations in global markets, economic downturns, supply chain disruptions, and even political turmoil, especially the ongoing war in Ukraine. Furthermore, the recent bank […] дальше »
2023-5-15 21:00 | |
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How will USDT's growth impact Bitcoin [BTC]? According to this data....
Tether invested a large portion of profits into BTC. However, BTC miners got skeptical. After the collapse of the Silicon Valley Bank (SVB), Tether's [USDT] biggest competitor, Circle [USDC]The post How will USDT's growth impact Bitcoin [BTC]? According to this data.... appeared first on AMBCrypto. дальше »
2023-5-15 19:30 | |
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President Biden announces nominations for key positions at Federal Reserve
Leadership at the Fed will likely have an impact on how the U.S. government handles the potential issuance of a central bank digital currency. дальше »
2023-5-13 20:20 | |
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Bitcoin Edges Below $27K as Latest Bank Crisis Fails to Trigger Price Increase
BTC has been trading largely below the psychologically important $30,000 mark since late April, as investors wrestle with recent bank sector debacles and other macroeconomic uncertainties. дальше »
2023-5-12 00:00 | |
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Silvergate Bank to cut 230 staff as it winds down
Silvergate Bank will significantly reduce its staff headcount as it winds down operations, according to an SEC filing submitted May 11. The failed crypto-friendly bank will let go of about 230 employees on May 12, leaving just 80 officers and employees at the firm. дальше »
2023-5-12 22:47 | |
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Digital asset exposure cited in GAO investigation of Signature Bank implosion
According to Michael Clements, the U.S. Government Accountability Office (GAO) is reviewing "large deposits from the digital asset space" to determine if cryptocurrency played a role in Signature Bank's collapse. дальше »
2023-5-12 21:41 | |
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PacWest Bancorp Crashes 20% Due to Declining Deposits
The U.S. banking crisis has deepened with PacWest Bancorp (PACW) falling by more than 20% as the bank’s deposits declined by over 9.5% last week. The post PacWest Bancorp Crashes 20% Due to Declining Deposits appeared first on BeInCrypto. дальше »
2023-5-12 19:45 | |
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Standard Chartered launching crypto custody service in Dubai
Standard Chartered Bank has revealed plans to offer institutional-grade digital assets custody services in Dubai via its subsidiary, Zodia Custody, pending regulatory approval. Barely three months after reaching a definitive agreement with Japan’s SBI Digital Asset Holdings to set up… дальше »
2023-5-11 16:14 | |
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Hungary should adopt euro, but is flirting with CBDC instead, Central Bank’s Szombati believes
Hungary is currently considering the potential benefits of launching a central bank digital currency (CBDC) in order to reach unbanked citizens, according to a high-ranking official's statement. дальше »
2023-5-11 17:08 | |
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Central Bank of Brazil opened the submission of applications for testing the digital real
The Central Bank of Brazil has invited financial institutions and other interested parties to participate in the testing of the digital Brazilian real. The submission of applications for inclusion in the testing of the central bank’s digital currency is open from May 2 to May 12. дальше »
2023-5-10 12:36 | |
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Argentina’s citizens embrace crypto despite central bank ban
Argentina is facing a challenging financial landscape, with its Central Bank imposing restrictions on cryptocurrency transactions via payment providers. дальше »
2023-5-9 13:25 | |
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Bank of Canada Queries Citizens on Canadian Dollar CBDC, but Opposition Is Building
The Bank of Canada announced on Monday that it is seeking feedback from the public on the digital Canadian dollar CBDC and the features that could incorporate. The post Bank of Canada Queries Citizens on Canadian Dollar CBDC, but Opposition Is Building appeared first on BeInCrypto. дальше »
2023-5-9 13:15 | |
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Argentina says no to crypto payments, France tolerates ‘finfluencers’: Law Decoded, May 1–8
Argentina’s central bank banned payment providers from offering crypto transactions, adding that it intends to reduce the country’s payment-system exposure to digital assets. дальше »
2023-5-9 23:20 | |
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Canada launches CBDC consultation
The Bank of Canada launched an online public consultation on Canada’s Central Bank Digital Currency (CBDC) on May 8, according to the bank’s official website. The consultation services are online and will remain open until June 19, 2023, as the announcement post noted. дальше »
2023-5-9 20:34 | |
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Bitcoin Tests $29k Amidst Banking Sector Woes, Crypto Firms Expanding Offshore, And Key Interest Rate Hikes
May 2023 started with yet another tumultuous week for the US Banking sector. On May 1, 2023, the federal government seized First Republic Bank following weeks over which depositors and investors pulled out their money. дальше »
2023-5-7 15:50 | |
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ETH retests $2K: Here’s why Ethereum price is up today
Ethereum (ETH) is trading higher today as the crypto market cap bounces to $1. 27 trillion. ETH price rose to $2,008 while Bitcoin (BTC) price climbed to $29,800 looks to end the week stronger. Gains for cryptocurrencies came as US equities ended the week higher, with regional bank stocks pummeled earlier in the week rebounding. дальше »
2023-5-6 09:44 | |
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BNP Paribas teams up with Bank of China to promote digital yuan usage
The partnership will enable BNP Paribas China’s corporate clients to make payments using the digital yuan through an e-CNY management system. дальше »
2023-5-6 21:10 | |
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The Need for Clarity in Washington – Not Just on Crypto
The recent ambiguous messaging from the Federal Open Market Committee's meeting, which left markets struggling to interpret signals from the FOMC statement and Chair Jerome Powell's comments, is typical of the abstruse signals that can be found in central bank policy-setting. дальше »
2023-5-6 19:31 | |
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Zimbabwe Central Bank Introduces Plan to Sell Gold-Backed Digital Tokens
Coinspeaker Zimbabwe Central Bank Introduces Plan to Sell Gold-Backed Digital Tokens The central bank of Zimbabwe introduced this gold-backed digital currency to combat the volatility of its national currency. дальше »
2023-5-6 17:13 | |
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Zimbabwe sets price to sell gold-backed digital tokens
Zimbabwe’s central bank plans to sell gold-backed digital tokens at $10 for individuals and $5,000 for corporations.
дальше »2023-5-6 12:40 | |
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US presidential candidate supports Bitcoin, criticizes CBDCs
U. S. presidential hopeful Robert Kennedy Jr. has supported Bitcoin (BTC) while speaking against central bank digital currencies (CBDCs) in a May 5 Twitter thread. According to Kennedy, currency digitization has already given the government unprecedented powers to surveil and control economic life. дальше »
2023-5-5 11:20 | |
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CBDCs In The News: Why Monero (XMR) and Litecoin (LTC) Are Viable Alternatives, TMS Network (TMS) Leads Decentralized Trading Profits
With Central Bank Digital Currencies (CBDCs) continuing to make headlines, it’s scary to think about what could be when they’re fully rolled out. Monero (XMR) and Litecoin (LTC), however, are viable alternatives to CBDCs, so we’ll take a look at them. дальше »
2023-5-5 10:30 | |
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North Carolina lawmakers pass bill opposing CBDC payments
The House of Representatives of North Carolina has passed legislation to ban payments to the state using a central bank digital currency (CBDC) дальше »
2023-5-5 23:00 | |
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Chaos Reigns as Western Alliance Bank Denies Sale Rumors
A Financial Times article suggests that Western Alliance Bank is exploring a sale. However, the bank has since denied the news. But the turmoil in the banking sector is real. The post Chaos Reigns as Western Alliance Bank Denies Sale Rumors appeared first on BeInCrypto. дальше »
2023-5-5 21:37 | |
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