Main Barrier to CBDC Is Philosophy, Not Tech, Says European Central Bank Rep
ECB executive board, Yves Mersch, believes that the main impediment for CBDC is philosophical rather than technological. Go to Source Powered by WPeMatico
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Virtual Consensus 2020 Kicks Off with ECB Official Discussing CBDC
Major crypto event, Consensus: Distributed, kicks off virtually, with ECB board member Yves Mersch discussing central bank digital currencies. Go to Source Powered by WPeMatico
Bitcoin Suisse Seeks $50M to Become a Crypto Bank Unicorn
Bitcoin Suisse is looking for almost $50 million of funding from investors to pursue expansion plans, which include moving into the banking sector. Go to Source Powered by WPeMatico
No Global Central Bank Is Working on Retail Digital Currency Use, Says R3
R3 claims that no central bank is currently pursuing the development of a retail CBDC Go to Source Powered by WPeMatico
Crypto Banks Answer the Call Amid Coronavirus-Fueled Economic Decline
Despite the economic chaos worldwide, some crypto banks are going strong: “We currently have the largest holding of crypto than we’ve ever had and are in a strong position to continue innovating” Go to Source Powered by WPeMatico
World Bank Digs Deeper Into DLT and FinTech for Financial Inclusion
The World Bank Group outlines new tech like DLT and stablecoins as crucial for financial inclusion Go to Source Powered by WPeMatico
Coronavirus Encourages CBDC Developments: Deutsche Bank Strategist
Deutsche Bank macro strategist Marion Laboure believes that the risk of cash spreading the coronavirus will probably result in a push for digital currencies Go to Source Powered by WPeMatico
BRI Remittance Brings Digital Identity to Banking With Blockchain Partnership
Blockchain-based digital identity solutions are in fashion — an Indonesian bank has become the latest to drive business growth and facilitate 24-hour remittances Go to Source Powered by WPeMatico
Is Blockchain Necessary? An Unbiased Perspective
Is blockchain tech an inevitable part of the future? What are the pros and cons for its implementation? Go to Source Powered by WPeMatico
U.S. Crypto ATM Network Helps to Promote Social Distancing
Bitcoin Depot, a sizable crypto ATM network, powers down several machines to decrease coronavirus spreading Go to Source Powered by WPeMatico
