Central Bank Digital Currencies

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Visa CEO Says Payments Giant Set to Introduce Cryptocurrency Trading on Its Network

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Payments giant Visa Inc’s CEO Alfred Kelly has revealed his firm’s plans to enable cryptocurrencies trading on its network. Kelly, who is also chairman of the firm, explains that there is no reason not to add cryptos when these are increasingly becoming “a recognized means of exchange.” Digital Gold Segment In an earnings call with … Read more

Ukraine Chooses Stellar Foundation to Develop Its CBDC, Regulatory Infrastructure for Stablecoins

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The Ministry of Digital Transformation of Ukraine has picked the Stellar Development Foundation (SDF) to develop its central bank digital currency project (CBDC). Ukraine Picks Stellar Foundation to Develop Its Central Bank Digital Currency and National Virtual Asset Strategy According to the official announcement, both parties signed a “Memorandum of Understanding” to deploy Ukraine’s crypto … Read more

IMF Cautions Central Banks May Have to Rethink What Constitutes Reserves

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The IMF warns that central banks may have to rethink what constitutes their reserve currency holdings. In a recent study, the global lender points to the changing geopolitical landscape, technological advances and the impact of the Covid-19 pandemic as events likely to influence the composition of reserves. Advances in Financial Technologies In addition to the … Read more

The Great Reset Agenda: ‘Bitcoin Is a Decentralized and Rational Strategy to Opt-Out’

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Every single day the conversation about the Great Reset continues to amplify. More recently, mainstream media publications have been publishing rebuttals in response to the many skeptics of this agenda who believe the reboot propaganda is meant to install a new world order. The American broadcaster Max Keiser is telling a few countries to get … Read more

Consensys Cuts Hundreds of Jobs This Year – About 25% of Its Staff Slashed

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Ethereum-based company Consensys has cut hundreds of jobs since January. In its latest action, the US-based blockchain development team confirmed it will slash more than 90 jobs – or 14% of its workforce – citing the global impact of Covid-19. The decision comes after a virtual town hall meeting on April 20, reports say. The … Read more

Deutsche Bank Analyst Expects Central Bank Digital Currencies to Appear in 3 Years

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The discussions pertaining to centara bank digital currencies, or CBDCs, are far from over it seems. Deutsche Bank analyst Marion Laboure has very high hopes for this field of research. Numerous banks would love to create a digitized version of their fiat currency. Central Bank Digital Currencies in 3 Years?  Doing so is not difficult, … Read more