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The Bank of England’s deputy governor has argued that, with the possible rise of non-bank actors issuing currency, public money in digital form could serve as a crucial anchor for confidence in money as a social convention. Go to Source Powered by WPeMatico
The EIB has reportedly hired banks like Goldman Sachs and Societe Generale to explore a digital bond, registered and settled via blockchain. Go to Source Powered by WPeMatico
Binance founder and CEO Changpeng Zhao is placing his bets on crypto. Go to Source Powered by WPeMatico
The ECB will decide whether to proceed with digital euro pilots by mid-2021, Lagarde said. Go to Source Powered by WPeMatico
Tether’s reserves for its USDT stablecoin exceed the amount required to redeem the digital asset tokens, according to auditing firm Moore Cayman. Go to Source Powered by WPeMatico
The digital ruble will become an integral part of national settlements by 2023 or 2024, Anatoly Aksakov of the Russian State Duma predicted. Go to Source Powered by WPeMatico
Cryptocurrency exchanges continue accumulating massive amounts of stablecoins like Tether and USDC Coin. Go to Source Powered by WPeMatico
The People’s Bank of China intends to enable anonymous digital yuan transactions of small amounts in order to protect “reasonable” anonymity needs. Go to Source Powered by WPeMatico
The Bank of Russia hopes to complete a prototype platform for a digital ruble by the end of 2021. Go to Source Powered by WPeMatico
Kraken Bitcoin strategist Pierre Rochard debates professor of computer science Jorge Stolfi on whether Bitcoin meets the definition of a Ponzi scheme. Go to Source Powered by WPeMatico
