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Launch of CBDCs will Lower Bitcoin Demand, Says Bank of Korea Governor

The Korean Central Bank Governor believes the rise of CBDC will reduce demand for bitcoin (BTC) and other cryptocurrencies. CBDCs Could Hamper Bitcoin Demand In a rather interesting remark, Lee Ju-yeol, the Governor of the Bank of Korea recently state that the demand for bitcoin and other similar cryptocurrencies could dwindle once sovereign CBDCs areRead More дальше »

2021-3-27 15:00


PBoC Official Explains Why Digital Yuan Won’t Be Fully Anonymous

Chinese officials are willing to ensure digital anonymity for the country’s central bank digital currencies (CBDCs), but only for a small class of transactions. Total Anonymity of CBDCs Impossible According to a local news outlet, an official of the People’s Bank of China (PBoC), Mu Changchun, has said that a completely anonymous digital yuan is […] The post PBoC Official Explains Why Digital Yuan Won’t Be Fully Anonymous first appeared on BitcoinExchangeGuide. дальше »

2021-3-24 20:15


MIT & Boston Federal Reserve Look to Reveal Two Digital Dollar Pilots by July 2021

The Federal Reserve Bank of Boston and researchers from the Massachusetts Institute of Technology (MIT) are making giant strides in their digital dollar program, according to a Bloomberg report. Boston Fed To Launch Digital Dollar Prototypes Researchers from both institutions are reportedly preparing to launch prototypes of two central bank digital currencies (CBDCs) platforms as […] The post MIT & Boston Federal Reserve Look to Reveal Two Digital Dollar Pilots by July 2021 first appeared on BitcoinExchangeGuide. дальше »

2021-3-24 18:25


CBDCs to coexist with cash payments, according to FED Chairman Powell

The Committee on Payments and Market Infrastructures conference was held in Basel, Switzerland. One of the main guests was the Chairman of the U.S. Federal Reserve, Jerome Powell. Referring to a report created by the institution he chairs and other banking institutions, Powell said: A recent report from the Bank for International Settlements (BIS) and […] дальше »

2021-3-19 22:00


IMF Asks Everyone to Just Get Along Regarding Crypto

The IMF blog post tackles one of the looming questions of the digital currency age: how Central Bank Digital Currencies (CBDCs) and privately-issued crypto can co-exist. Co-written by Financial Counsellor Tobias Adrian and Deputy Division Chief for Monetary and Capital Markets Tommaso Mancini-Griffoli, the post follows others on CBDCs and stablecoins. дальше »

2021-2-21 15:27


G7 Leaders to Focus on CBDC’s & Digital Asset Taxation at Next Week’s Meeting

State-Backed Assets Take the Spotlight Again The next G7 meeting will kick off on February 12 and it would include a dedicated session on CBDCs, Reuters reports. Quoting Japanese Finance Minister Taro Aso, the news source explained that the G7 meeting would feature the world’s top economies discussing ways to bounce back from the coronavirus’ […] The post G7 Leaders to Focus on CBDC’s & Digital Asset Taxation at Next Week’s Meeting first appeared on BitcoinExchangeGuide. дальше »

2021-2-10 23:31


Crypto’s Are Becoming Mediums of Exchange as Visa CEO Plans to Add Them to the Network

Describing Bitcoin as “digital gold,” Alfred Kelly said they “predominantly held as assets” but sees stablecoins and CBDCs as “emerging payments innovation” that can be used for global commerce. The post Crypto’s Are Becoming Mediums of Exchange as Visa CEO Plans to Add Them to the Network first appeared on BitcoinExchangeGuide. дальше »

2021-2-2 18:30


French Central Bank Settles $2.4 Million Simulated Monetary Shares in CBDC Pilot

Banque de France has announced that it successfully settled €2 million (US$2. 43 million) worth of simulated monetary shares on a private blockchain network as part of its CBDC pilot. The central bank, which has previously expressed openness to the idea of CBDCs, said that the pilot began on Dec 17 with the support of private […] The post French Central Bank Settles . дальше »

2021-1-21 22:25