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How China Is Leading the World’s Digital Currency Revolution

While the coronavirus pandemic is widely considered to be a distinctly human crisis, it’s also hard to ignore its ongoing socioeconomic impact. Not only this, but the subsequent financial crash is also accelerating the pace of change and innovation in a number of different industries, as we inch towards a so-called “new normal. дальше »

2020-11-11 17:52


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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


Nouriel Roubini: Bitcoin’s ‘Not’ a Currency But a Partial ‘Store of Value’

Another one down! As Bitcoin enjoys a rally, more and more Bitcoin skeptics are changing their tune. This time it's Dr. Doom’, Nouriel Roubini. In an interview with Yahoo Finance, the professor of economics at New York University's Stern School of Business and CEO of Roubini Macro Associates who has called BItcoin previously a “mother […] The post Nouriel Roubini: Bitcoin's 'Not' a Currency But a Partial 'Store of Value' first appeared on BitcoinExchangeGuide. дальше »

2020-11-8 16:09


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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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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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Chinese President Xi Jinping Calls for “Proactive Participation” from China in Creating Global CBDC Framework

China President Xi Jinping bats for an international regulatory framework for digital currency. China Should take a Proactive Approach In an official statement released on October 31 titled ‘Issues on National Medium and Long-Term Social and Economic Strategies,’ Chinese President called for the Asian powerhouse to actively partake in creating a global regulatory framework forRead MoreRead More. дальше »

2020-11-1 14:00


Genesis Reports Largest Ever Quarter, Q3 Driven by ETH, Stablecoins, & DeFi

Digital currency prime broker Genesis reported a record quarter third of 2020 with $4.5 billion in spot volume — up 285% from the same quarter in 2019, $1 billion in bilateral derivatives volume — which was driven by the BTC spot becoming more tightly coupled to risk assets in the broader macro and the embedded […] The post Genesis Reports Largest Ever Quarter, Q3 Driven by ETH, Stablecoins, & DeFi first appeared on BitcoinExchangeGuide. дальше »

2020-11-1 16:25


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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Beyond Proof of Work: the XRPL Consensus Solution

With the digital currency revolution continuing to gather pace, the debate between advocates of proof-of-work and newer agreement algorithms rages on. Beyond the rhetoric, the evolution of the consensus approach continues to make steady progress that, due to design limitations, transactionally-focused proof-of-work networks find it difficult to match. дальше »

2020-11-1 21:13