China’s Digital Yuan Reportedly to Test in Four Cities
A testing app for China’s forthcoming central bank digital currency appears to be ready for download in four cities Go to Source Powered by WPeMatico
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Libra Stablecoin is Still a Major Threat to Bitcoin: Economist
Will Facebook’s Libra stablecoin emerge as Bitcoin’s strongest competitor? Economist John Vaz believes so Go to Source Powered by WPeMatico
Two Versions of Digital Dollar Emerge as Contenders, but Unlikely to Come Soon
The digital dollar may become a reality soon, but there are two different ways to bring it about. Which one will prevail, and how soon will it be? Go to Source Powered by WPeMatico
Sweden’s ‘Lagom’ Response to Coronavirus: No Masks, Keep The Economy Going With a “No Limit” Printing Press
The Coronavirus in Sweden has so far claimed 611 deaths, with 7849 confirmed cases. Swedish people still send their kids to school and are not hoarding much of anything compared to countries like the US. But just like in most of the world many businesses are hit hard, and the country’s central bank has started … Read more
BIS Calls for Central Bank Digital Currencies Amid Coronavirus Pandemic
‘The central bank of central banks’ is advocating for the development of CBDCs amid the coronavirus pandemic Go to Source Powered by WPeMatico
Brazilian Regulators Create DLT Platform for Screening Politicians
Brazilian regulators are teaming up to use blockchain technology to streamline vetting processes for public officials and corporations Go to Source Powered by WPeMatico
Revolut Fast-Tracks User-Wide Crypto Support Due to Global Economic Upset
As the Fed ramps up quantitative easing, fintech giant Revolut is moving fast to offer all users cryptocurrency services Go to Source Powered by WPeMatico
Blockchain Is Not a Panacea for Finance, Says Russian Bank Official
The Central Bank of Russia’s Deputy Governor Olga Skorobogatova said that blockchain proved to be far from the “universal solution” many claimed it would be Go to Source Powered by WPeMatico
Russia Postpones Its Crypto Law Again, Now Blaming Coronavirus
After facing multiple delays, Russia’s lawmakers again postpone pending major cryptocurrency law, now due to the coronavirus Go to Source Powered by WPeMatico
Bank of France Launches Experiment Program on Central Bank Digital Currency
France’s central bank officially announces a CBDC application program, inviting participants to submit their applications by May 2020 Go to Source Powered by WPeMatico