The Bank of Lithuania Released a Cryptocurrency, But It’s for Collector
Lithuania’s central bank has issued a NEM blockchain-based collector token in homage to the country’s Act of Independence of 1918. Go to Source Powered by WPeMatico
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Bank of Korea Launches a Department Devoted to Blockchain and AI
Bank of Korea is launching a digital innovation department that will leverage blockchain and AI to improve business efficiency. Go to Source Powered by WPeMatico
Australian Reserve Bank Blasts Money Printing: ‘There’s No Free Lunch’
Australian Reserve Bank governor Philip Lowe says that somebody always pays for money printing. Go to Source Powered by WPeMatico
Kazakhstan Needs National Crypto to Fight Corruption, Says Local Official
Kazakhstan’s digital tenge has the potential to provide “full transparency in movement of budgetary funds,” chairman at local anti-corruption service says. Go to Source Powered by WPeMatico
Bank of Jamaica Invites Tech Companies to Test Digital Currency Solutions
Jamaica’s central bank has invited technology solution providers to develop and test a potential CBDC. Go to Source Powered by WPeMatico
A Path of Challenges: Will CBDCs Prevail Over Private Blockchains?
CBDCs will be the leading digital currencies of the future, and only the competition between various models will determine the winner. Go to Source Powered by WPeMatico
Bank of Thailand Progresses With Digital Baht Tests Before Public Launch
The Bank of Thailand is looking to test the digital baht with Hong Kong’s central bank after piloting the CBDC with large businesses. Go to Source Powered by WPeMatico
Cypherium CEO Predicts CBDC Cross-Border Payments ‘Soon’
Cypherium’s founder predicts that adoption of CBDCs for cross border payments will happen sooner than expected. Go to Source Powered by WPeMatico
China to Test Digital Yuan on Food Delivery Platform With 435 Million Users
China’s central bank may test digital yuan on Meituan Dianping’s food delivery platform with 435 million users. Go to Source Powered by WPeMatico
Monetary Historian: Libra Will Never See The Light Of Day
Economic historian Barry Eichengreen believes that stablecoins are either too fragile, or too expensive, to emerge as a dominant monetary form. Go to Source Powered by WPeMatico