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Lebanon to launch digital currency in face of economic and financial turmoil
Lebanon's central bank governor says the country, whose lira has been in freefall, is preparing to launch a digital currency in 2021. дальше »
2020-11-11 19:21 | |
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India welcomes UAE's digital asset exchange Bitex
India has noted an uptick in crypto users over the past year. This surge in the crypto users can mainly be attributed to the Supre Court's decision to quash the Central Bank's circular that called forThe post India welcomes UAE's digital asset exchange Bitex appeared first on AMBCrypto. дальше »
2020-11-10 17:00 | |
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UK unveils plans for regulating stablecoins and launching a CBDC
The UK Treasury Department is working on a draft to regulate privately-owned stablecoins. The department disclosed this news on November 9 through an official announcement, noting that it is also researching how it could use a Central Bank Digital Currency (CBDC) as an alternative to cash. дальше »
2020-11-10 15:23 | |
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NYU Professor Predicts CBDCs Are Imminent, Bitcoin Still Unviable
Central banks have been responding to the rise of Bitcoin with the introduction of central bank digital currencies, or CBDCs. Thus far, movement on this front has been somewhat slow. Save for China, most central banks are still in the ideation phase, or are looking more into how a CBDC would affect their economy and […] дальше »
2020-11-10 06:00 | |
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US Fed economists exploring 'intrinsic' value drivers of CBDC
In its research on central bank digital currencies or CBDCs, United States Federal Reserve published a new review on 9 November exploring the potential impact of a digital dollar on commercial bankingThe post US Fed economists exploring 'intrinsic' value drivers of CBDC appeared first on AMBCrypto. дальше »
2020-11-10 01:30 | |
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‘Dr Doom’ Nouriel Roubini Admits Bitcoin May Be a Store of Value, Sees Big Revolution in Central Bank Digital Currencies
Economist Nouriel Roubini, also known as “Dr. Doom,” has admitted that bitcoin may be a store of value. Roubini sees a “big revolution” coming in the next three years due to central banks launching their own digital currencies. дальше »
2020-11-10 00:30 | |
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Norway: No Urgent Need to Create a CBDC Despite Current Global Hype
A top official of Norway’s central bank stated that while the country is investigating a possible central bank digital currency (CBDC), there was no “acute need” for a digital krone. Cash Usage Decline Prompts CBDC research Speaking at Norway’s Payment Conference, Ida Wolden Bache, the deputy governor of the Norges Bank stated that the centralRead MoreRead More. дальше »
2020-11-10 00:00 | |
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The UK to Lead in New Technologies “Stablecoins & CBDCs” Following the Departure from the EU: Chancellor
Chancellor Rishi Sunak said on Monday that to maintain certainty and stability for firms in the UK following its departure from the European Union, they will be “leading the global conversation on new technologies like stablecoins and Central Bank Digital Currencies. дальше »
2020-11-10 23:10 | |
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No Immediate Need for Digital Currency Says Norway’s Central Bank
Speaking at a conference on November 5, Ida Wolden Bache, the deputy governor of Norway’s central bank, detailed the decline of cash in her country while also discussing the potential of Central Bank Digital Currencies (CBDCs). дальше »
2020-11-10 17:10 | |
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Argentinian Central Bank to Lift Freeze on Bank Fee Increases: Sets the Ceiling for Future Hikes at 9%
The Central Bank of the Argentine Republic says starting in January 2021, financial institutions will be able to increase the fees or commission they levy for services rendered. In its November 5 update, which effectively ends the February 19 freeze on any fee hikes, the central bank says such increases should not exceed 9% each […] The post Argentinian Central Bank to Lift Freeze on Bank Fee Increases: Sets the Ceiling for Future Hikes at 9% appeared first on Bitcoin News. дальше »
2020-11-8 13:15 | |
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39 Firms Have Applied to Offer Crypto Services Under New Regulation, Says Dutch Central Bank
Thirty-nine companies have applied for registration with the Dutch central bank to provide cryptocurrency services, the regulator told news. Bitcoin. com. They include crypto exchanges and custodial wallet providers. дальше »
2020-11-8 05:30 | |
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OKCoin Announces 5X Referral Reward for Netherlands Customers as Part of Continued European Expansion
OKCoin, the global, regulated fiat-focused crypto asset exchange, is today celebrating continued expansion in Europe in anticipation of regulatory approval from the Dutch Central Bank... дальше »
2020-11-7 19:21 | |
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Dutch central bank adds a new crypto exchange to its registry
Earlier in 2020, the Dutch parliament decided to pass new AML amendments, which meant that crypto exchanges had to register with the country’s central bank. Those who did not want to do so would not be allowed to continue operating in the country. дальше »
2020-11-7 11:41 | |
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Dutch crypto exchange gets regulatory nod from central bank
Netherlands-based cryptocurrency exchange BLOX, announced in a blog today that it has now been included in the registry of the Dutch Central Bank (De Nederlandsche Bank). Earlier this year, the Dutch The post Dutch crypto exchange gets regulatory nod from central bank appeared first on AMBCrypto. дальше »
2020-11-7 00:30 | |
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Central bank governors agree COVID-19 has accelerated regulators' interest in CBDCs
COVID-19 pandemic has, among other things, severely affected global markets and with regard to the pandemic’s consequences, several representatives convened at an online meeting of Central Bank GoveThe post Central bank governors agree COVID-19 has accelerated regulators' interest in CBDCs appeared first on AMBCrypto. дальше »
2020-11-7 22:30 | |
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Dutch Crypto Exchange BLOX Receives Regulatory Nod From Central Bank
BLOX, a crypto exchange based in The Netherlands is now one of only three officially recognized platforms by the Dutch Central Bank (DCB) as the registration deadline inches closer. BLOX Added to DCB Registry In a press statement issued via its Medium page, BLOX announced its addition to the DCB registry. дальше »
2020-11-7 21:00 | |
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Cue to Buy Bitcoin: Fed and Bank of England Vows to Do ‘Everything’ to Help their Economy Recover
Markets are flying right now. And the central banks are ready to give them even more reason to continue to do so. We are less than a week into November, and the S&P 500 has already pumped 7. дальше »
2020-11-7 19:47 | |
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World Gov’ts Continue Revealing Developments and Concerns on CBDC
The anticipation was great when Jerome Powell, the Chair of the United States Federal Reserve, finally addressed the government’s position on digital currency and the potential role of a central bank digital currency (CBDC) for domestic and international cross-border payments, on Oct. дальше »
2020-11-6 14:29 | |
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PayPal to Develop Robust Digital Wallet in 2021, Witnesses Surge in Crypto Demand
Following its recent adoption of cryptocurrency, PayPal recently gave details of its crypto and digital wallet plans for 2021, while also stating that central bank digital currencies (CBDCs) may take time, but they are here to stay. дальше »
2020-11-5 15:30 | |
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PayPal CEO Reveals Big Plans for Crypto to Become a ‘Market Leader in the Digital Currency Space’
In its Q3 2020 earnings call on Monday, PayPal Holdings, Inc. (NASDAQ: PYPL) discussed increasing the utility of cryptocurrencies and to embrace new forms of central bank digital currencies (CBDC), which are just “a matter of when and how they’re done, not if. дальше »
2020-11-4 22:13 | |
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PayPal Going Global with Crypto Services and CBDC Support in 2021
The CEO of payments giant PayPal has revealed more details about the firm’s lofty cryptocurrency ambitions at a recent Q3 earnings call. PayPal CEO Dan Schulman expanded on its plans to aggressively push into the crypto sector next year, which included support for central bank digital currencies (CBDCs). дальше »
2020-11-3 11:19 | |
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China’s Central Bank Has Transacted $300 Million In Digital Yuan So Far
The People’s Bank of China (PBoC) has processed over 4 million separate transactions — worth more than 2 billion yuan ($299. 07 million) as part of the pilot tests for its central bank digital currency (CBDC). дальше »
2020-11-3 01:08 | |
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How the U.S. and EU Central Banks View the Future of CBDCs
Watch the full session from Ripple Swell Global 2020 today. With China set to launch the world’s first Central Bank Digital Currency (CBDC) by the end of the year, pressure is mounting on the world’s other major central banks to join the digital revolution. дальше »
2020-11-3 00:59 | |
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Australia’s Reserve Bank, ConsenSys, Others Launch CBDC Proof of Concept
Reserve Bank of Australia (RBA) has joined forces with other financial institutions and ConsenSys Software to launch a research project on wholesale central bank digital currency. The initiative aims to find out the use cases, benefits, as well as implications of the wholesale form of CBDCs, according to a press release on November 2, 2020. дальше »
2020-11-3 00:00 | |
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Australian Central Bank Forges Alliance to Develop CBDC
Employing Ethereum-powered distributed ledger technology (DLT), the Reserve Bank of Australia (RBA) is forging new alliances to push the development of its own CBDC. On Nov. 2, 2020, the RBA announced that it would combine the efforts of the Commonwealth Bank, National Australia Bank, ConsenSys, and Perpetual to develop Australian digital currency. дальше »
2020-11-2 21:09 | |
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China’s digital yuan used in 4 million transactions so far
Governor of central bank of China, Yi Gang, today revealed that in its CBDC pilot program, the digital yuan has been used in over four million transactions totaling to more than 2 billion yuan (about The post China’s digital yuan used in 4 million transactions so far appeared first on AMBCrypto. дальше »
2020-11-2 19:00 | |
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China: CBDC Tests Crosses $300M Payment Milestone from 4M Transactions
China’s expanded central bank digital currency (CBDC) development has reached a new milestone of 2 billion yuan in total payments processed despite still being in the testing phase. With a few countries having released their own sovereign digital currencies, stakeholders are calling for more international collaboration on CBDCs. дальше »
2020-11-3 18:00 | |
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Reserve Bank of Australia Considers Use of Digital Currency Powered by the Ethereum Blockchain
The Australian central bank is considering the use of a Central Bank Digital Currency (CBDC) to be launched on the Ethereum Blockchain. The bank is already working on a project in collaboration with the Commonwealth Bank, National Australia Bank, Perpetual, and blockchain technology company ConsenSys to look into the use of a CBDC based on […] дальше »
2020-11-3 17:28 | |
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ECB President Christine Lagarde Welcomes Public’s Opinion on CBDC
European Central Bank President Christine Lagarde said policymakers are “exploring the possibility of launching a digital euro. ” On Nov. 1, Lagarde tweeted that the ECB is looking to hear the views of consumers and stakeholders on the proposed central bank digital currency (CBDC) and opened up the floor to public consultation. дальше »
2020-11-2 03:08 | |
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Huawei Backs the Digital Yuan
The upcoming range of Huawei smartphones will have digital yuan wallets, the phone manufacturer has announced on Oct 30. Mate 40 Smartphones Have Digital Yuan Wallets Through its Weibo channel, the Shenzhen-based tech giant said the central bank-backed currency (CBDC) wallet on their Mate 40 series will be secure, private, and support offline transactions. дальше »
2020-11-1 00:00 | |
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COVID-19 Accelerated Digital Payments Growth and Fintech Regulatory Innovation: World Bank & Cambridge Global Study
A joint study by the Cambridge Centre for Alternative Finance (CCAF) and the World Bank has revealed that COVID-19 greatly accelerated Fintech regulatory innovation developments. Dubbed ‘Global COVID-19 Fintech Regulatory Rapid Assessment Study’, the report was released on Oct 28 as part of an effort to empirically equip regulators and central banks in the digital currency […] The post COVID-19 Accelerated Digital Payments Growth and Fintech Regulatory Innovation: World Bank & Cambridge Global Study first appeared on BitcoinExchangeGuide. дальше »
2020-10-31 23:45 | |
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Central Banks Dump Gold for the First Time Since 2010, Precious Metal Drops 9% Since August High
A few central banks have started selling tons of gold for the first time since 2010 in order to ease the financial suffering from the Covid-19 pandemic. At $1,875 per ounce, gold prices are down -9. дальше »
2020-10-31 23:30 | |
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Huawei’s Flagship Phone, Mate 40, Will Support China’s Digital Currency Wallet On Launch
Huawei announces support for the upcoming Chinese central bank digital currency in its upcoming flagship smartphone, Mate 40. The smartphone will include a hardware wallet for the digital renminbi, a Weibo post stated. дальше »
2020-10-31 23:19 | |
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Iran to Use Bitcoin for International Trade, Bypassing the Dollar Due to US Sanctions
With the latest amendment to the legislation, Iran has become the first country to use cryptocurrencies at a state level for import funding. The Iranian Cabinet amended legislation to redirect digital currencies into the funding mechanism of the Central Bank of Iran (CBI) for imports, as per the report by the official The Islamic Republic […] The post Iran to Use Bitcoin for International Trade, Bypassing the Dollar Due to US Sanctions first appeared on BitcoinExchangeGuide. дальше »
2020-10-31 19:08 | |
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Huawei's new smartphone has a built in hardware wallet that supports China's CBDC
According to reports, the Chinese technology giant, Huawei has launched a smartphone that has a built-in hardware wallet for China’s Central Bank Digital Currency (CBDC). In a recent press conferThe post Huawei's new smartphone has a built in hardware wallet that supports China's CBDC appeared first on AMBCrypto. дальше »
2020-10-30 16:09 | |
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Mastercard Partners with GrainChain to Develop Commodity Digital Records
Mastercard has announced a partnership with GrainChain to develop digital records for commodity data. This collaboration will mark the Mastercard Provenance Solution entry into Central America. GrainChain to Implement Mastercard Provenance Solution According to the report, the partnership would address the issues currently facing the global trade system. дальше »
2020-10-31 02:00 | |
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Bank of Canada working with G7 on its CBDC
Governor of Bank of Canada, Tiff Macklem revealed today that the central bank was working with its G7 partners towards its own digital currency. The Governor also highlighted a need for a “globally The post Bank of Canada working with G7 on its CBDC appeared first on AMBCrypto. дальше »
2020-10-30 23:30 | |
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Canada Calls for Coordinated Global Collaboration on CBDC Development
Canada says international collaboration is necessary to get the best out of central bank digital currency (CBDC) development. Countries like The Bahamas and Cambodia have already launched their sovereign digital currencies with China conducting live testing protocols. дальше »
2020-10-31 21:00 | |
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Bank of Canada Making Progress on CBDC, Urges Intl. Cooperation
The governor of the Bank of Canada (BoC) has announced that his country’s digital currency initiative is making progress. In an interview with Reuters published on Wednesday, October 28, chief of the Canadian central bank, Tiff Macklem, said the BoC is working with some G7 member states on its plans for a national digital currency. дальше »
2020-10-30 19:00 | |
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Cambodia Launches Its CBDC, With a Twist
Cambodia has announced the launch of its long-awaited blockchain-based digital currency program called “Bakong. ” While Bakong was backed by the National Bank of Cambodia (NBC), it’s different from a typical Central Bank Digital Currency (CBDC) in that it wasn’t issued by the NBC. дальше »
2020-10-30 17:42 | |
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Iran’s New Crypto Law Requires Miners to Sell Bitcoin Directly to Central Bank
Iran has reportedly revised the country’s cryptocurrency regulation to require licensed bitcoin miners to sell their coins directly to the central bank for use to fund imports. Iran’s Revised Crypto Law The Iranian government has amended its cryptocurrency regulation to enable the country’s central bank to fund imports with bitcoin legally mined in the country, […] The post Iran’s New Crypto Law Requires Miners to Sell Bitcoin Directly to Central Bank appeared first on Bitcoin News. дальше »
2020-10-30 16:55 | |
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Avanti permitted to open a crypto-friendly bank in Wyoming
Only a few short years ago, no bank would have anything to do with cryptocurrencies, whether due to the orders received from central banks, or because they themselves did not believe in the crypto sector. дальше »
2020-10-29 12:23 | |
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