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Philippines Central Bank Governor Confirms Interest in Launching A Digital Currency

The central bank of the Philippines, otherwise known as Bangko Sentral ng Pilipinas (BSP), expresses its interest in launching its own central bank digital currency (CBDC). In a story first covered on Bloomberg, the governor of BSP, Benjamin Diokno, stated the country had formed a research committee on the possible launch of digital currency. The […] дальше »

2020-7-30 21:21


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Israel: Tel Aviv Stock Exchange Set to Launch Central Blockchain Securities Lending Platform

Israel’s Tel Aviv Stock Exchange (TASE) recently announced the launch of the Central Blockchain Securities Lending Platform, an innovative platform that seeks to transform the Securities Lending market in the country by facilitating direct lending among all the major financial instruments, Israel Defense reports, July 28, 2020. дальше »

2020-7-30 01:07


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Philippines’ Central Bank Is latest to Explore a Central Bank Digital Currency

The Central Bank of the Philippines is the latest on the list of countries to exclusively express their interest in developing a central bank digital currency. Benjamin Diokno, the Governor of Philippines’ central bank announced the news today, during the launch of NGC (New Generation Currency) banknotes in a virtual conference. He said that the […] дальше »

2020-7-29 20:42


It Happened With Bitcoin And Now It’s Happening With Stocks

Yesterday, the stock market made a muted start, but the tech stocks rallied. All the FAANGM stocks were in the green, led by Amazon and Tesla. There are two factors behind the rally: the unprecedented stimulus efforts by governments and central bankers and “an overzealous crowd of new traders who are intentionally refuting traditional valuation […] дальше »

2020-7-22 22:24


Gold Beating Bitcoin for Over 2 Months Now; A New ATH for Bullion is Imminent

Precious metals are enjoying the gains with gold rising 1.23% today to reach $1,840 per ounce today although it is Silver which has been stealing the show by having its highest finish since 2016. With the government and central banks releasing excessive stimulus, the new normal is benefiting the metals just as much as it […] дальше »

2020-7-22 21:35


French Central Bank Publishes List of 8 Applicants To Run Tests on A Digital Euro

On July 20, French central bank, Banque De France, announced it had settled on eight candidates in its efforts to experiment digital currency solutions. As per the press statement, the central bank stated that the experiment trials will cover a wide range of areas, but notably not in the crypto-asset transfer sphere, and will start […] дальше »

2020-7-21 19:20


Binance Pool Set to Scale Hashrate in Russia as Physical Node Gets Added by BitRiver

BitRiver, one of the leading BTC mining hosting provider, has added a Binance physical node to its data center based in Bratsk, Russia. The move will see Binance increase its hashrate power in the Central Asia region and Russia as the CZ led exchange looks to scale its footprint in crypto mining activities. This comes […] дальше »

2020-7-18 21:44


Bank of Thailand Extends Testing Of Digital Baht; Integration With Hong Kong Later In 2020

Thailand is currently in its third developmental phase of building its central bank digital currency (CBDC), a local newspaper, and Nation Thailand reported on Thursday. The paper stated that the Assistant Governor of the Bank of Thailand, Vachira Arromdee, who said the bank is already rolling out its CBDC to large companies. The Bank of […] дальше »

2020-7-17 17:21