Central Bank Digital Currencies Are Good for Bitcoin, Barry Silbert Says
Bitcoin would benefit from global central banks issuing their own digital currencies, founder of Grayscale Investments said Go to Source Powered by WPeMatico
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Japanese Official Calls for Urgent Development of Digital Yen to Counter China
A senior Japanese lawmaker said that the country should release its digital yen in two to three years Go to Source Powered by WPeMatico
Facebook, China Light Flame Under Fed: Governor Cites Stablecoins Influencing Digital Dollar Research
At the recent Symposium for Future Payments held in Stanford, California on February 5, Federal Reserve Governor Lael Brainard stressed the importance of remaining “on the frontier of research and policy development regarding CBDC.” The position seems a contrast to the narrative in 2018 when Brainard maintained “there is no compelling demonstrated need for a … Read more
Japanese Lawmakers Want US to Place Digital Currencies on G7 Agenda
In light of China’s forthcoming digital yuan, Japan should push the U.S. to place digital currencies on the G7’s agenda, say local lawmakers Go to Source Powered by WPeMatico
US Fed Is Exploring Potential for Digital Currency, Says Board Member
Fed board member Lael Brainard says the institution must remain on the frontier of central bank digital currency research and policy development Go to Source Powered by WPeMatico
Major Central Banks to Discuss Digital Currencies Amid IMF Conference
Six major central banks will reportedly discuss digital currencies in April during an International Monetary Fund conference Go to Source Powered by WPeMatico
Singapore AML Framework Can Attract Crypto Businesses, Not Chase It Away
Singapore continues its push for “an Electronic Payments Society” with the new regulatory framework — unlike 5AMDL, it is unlikely to hinder crypto businesses Go to Source Powered by WPeMatico
Mastercard CEO Reveals Why The Company Left Libra
Mastercard CEO explains his issues with Facebook’s Libra Go to Source Powered by WPeMatico
Cambodia Announces Own Cryptocurrency as More Details Surface About China’s Digital Yuan
With China still in the lead, other countries are advancing their projects to develop payment systems around central bank digital currencies (CBDCs). Cambodia, for example, has recently revealed it will mint its own coin within months. The news comes as more details about the digital Chinese yuan indicate its main purpose will be to substitute … Read more
Cryptocurrency News From Japan: Jan. 26–Feb. 1 in Review
This week’s news from Japan includes Coincheck topping app download rankings, Japan’s central bank forecasting CBDC demand and more Go to Source Powered by WPeMatico