BIS: No Central Bank Digital Currencies Focus on Cross-Border Payment
None of the 17 ongoing central bank digital currency projects is focused on cross-border payments, the Bank for International Settlements says Go to Source Powered by WPeMatico
CBDC
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Bank of England Warns Crypto Adoption May Impact Credit Creation
The Bank of England official urges regulators to prepare before stablecoins become “systemically important” Go to Source Powered by WPeMatico
A Sea Change to Crypto Hits America, Again
A sea change is coming to cryptocurrency in America. It is likely to hit in two separate waves: a central bank digital currency (CBDC) and draconian regulation that shuts down free-market activities, including development. Also Read: No Backdoor on Human Rights: Why Encryption Cannot Be Compromised The Wave of a Central Bank Digital Currency Robert … Read more
Chinese Communist Party Exec Wants State Monopoly on Digital Currency
China Former Vice President of CIRC of the Party openly talks the strategic plan of CBDC and its ICO and crypto bans Go to Source Powered by WPeMatico
China’s Digital Yuan Research Delayed Amid Coronavirus Epidemic
The coronavirus outbreak has led to postponed work at various Chinese government institutions, including the organs responsible for researching and developing the digital yuan Go to Source Powered by WPeMatico
Bank of Canada Prepares for Digital Currency “In Case One Is Needed”
Bank of Canada is getting ready to move on digital currency before it’s too late Go to Source Powered by WPeMatico
Ukraine’s Central Bank: E-Hryvnia Threatens Landscape of Banking System
The National Bank of Ukraine is still trying to balance the potential threats and benefits of a central bank digital currency Go to Source Powered by WPeMatico
Bank of England Official: Central Banks May Lose Payments Race to Tech Companies
The chief cashier of the Bank of England has warned that central banks must act quickly to prevent tech companies from dominating the digital payments sector Go to Source Powered by WPeMatico
JP Morgan: Digital Money Foundation Laid, Blockchain In Banking Years Away
JP Morgan suggests that blockchain laid the foundations for digital money, but the role of cryptocurrencies is still limited Go to Source Powered by WPeMatico
Sweden Is Testing Its New Central Bank Digital Currency
Get ready for the e-krona! Go to Source Powered by WPeMatico
