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China’s State-Run Banks Reportedly Testing Wallet for Digital Yuan

August 6, 2020 by DIGIT

State-owned commercial banks in China are reportedly testing a wallet for the country’s forthcoming digital yuan. Go to Source Powered by WPeMatico

Categories CBDC, Central Bank, China, Digital Currency, Government, People's Bank of China, Technology, Wallet, Yuan

Deregulating Crypto Could Spark More Speculation Says Japan’s FSA

August 5, 2020 by DIGIT

“Deregulating Bitcoins and other cryptocurrencies may not necessarily promote technical innovation,” says Japan’s new top financial regulator. Go to Source Powered by WPeMatico

Categories CBDC, Central Bank, Cryptocurrencies, Japan, Regulation

China’s Digital Yuan to Reportedly Target Dominance of Alibaba and Tencent

August 4, 2020 by DIGIT

China’s central bank may be planning to use its digital currency to curb the dominance of Alibaba and Tencent in the digital payments sector. Go to Source Powered by WPeMatico

Categories Alibaba, Alipay, CBDC, China, Payments, People's Bank of China, Regulation, tencent, WeChat

Former China Central Bank Exec Pushes for Digital Currencies

August 2, 2020 by DIGIT

Former Bank of China vice president says digital currencies can be a substitute for cash on circulation. Go to Source Powered by WPeMatico

Categories Blockchain, CBDC, China, Digital Currencies

After the US Senate Pros and Cons on Digital Money — What Do We Do With It?

August 1, 2020 by DIGIT

The crypto industry has the best historical moment to change the discourse about cryptocurrency and its reputation into a successful innovative tech sector. Go to Source Powered by WPeMatico

Categories Bitcoin, Blockchain, CBDC, China, Cryptocurrencies, decentralized finance, defi, European Union, innovation, Stablecoin, United States

Law Decoded: Big Tech, Central Banks and the Hunt for Monopolies, July 24-31

July 31, 2020 by DIGIT

The leaders in this week’s policy news focus on some case studies in power accumulation that more than anything show why decentralization tech matters. Go to Source Powered by WPeMatico

Categories Amazon, Apple, CBDC, Central Banks, Congress, digital dollar, Facebook, Fed, Google, Government, Law, Regulation

Bank of Japan Appoints Top Economist to Head Up CBDC Research Team

July 31, 2020 by DIGIT

The Bank of Japan insists it has no immediate plans to issue a digital yen, but research into the potential of CBDCs continues apace. Go to Source Powered by WPeMatico

Categories Bank of Japan, CBDC, central bank digital currency, Japan, Technology

Comparing Money Laundering With Cryptocurrencies and Fiat

July 30, 2020 by DIGIT

Laundering money with Bitcoin is actually an ineffective strategy because of its complexity and high risk. Go to Source Powered by WPeMatico

Categories Adoption, AML, Banks, Bitcoin, Blockchain, CBDC, Cryptocurrencies, fatf, FinCEN, KYC, United States

Cypherium to Assist China in Advancing Blockchain City Infrastructure

July 29, 2020 by DIGIT

Suzhou City, one of major cities that successfully piloted China’s central bank digital currency, signed a MoU with the Cypherium blockchain platform. Go to Source Powered by WPeMatico

Categories Blockchain, CBDC, China, Payments, Technology

Philippines Central Bank Becomes the Latest to Consider Issuing a CBDC

July 29, 2020 by DIGIT

The Philippine central bank has confirmed in a virtual briefing that it has formed a committee to look into issuing a digital currency. Go to Source Powered by WPeMatico

Categories Blockchain, CBDC, Philippines, Technology
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  • bitcoinBitcoin(BTC)$87,490.00-0.06%
  • ethereumEthereum(ETH)$2,941.27-0.90%
  • tetherTether(USDT)$1.000.00%
  • binancecoinBNB(BNB)$845.78-0.01%
  • rippleXRP(XRP)$1.86-0.49%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$122.35-1.15%
  • tronTRON(TRX)$0.280130-1.33%
  • staked-etherLido Staked Ether(STETH)$2,942.16-0.79%
  • dogecoinDogecoin(DOGE)$0.128236-1.05%