Countries That First Outlawed Crypto but Then Embraced It
These countries have made a dramatic turnaround in their views on crypto Go to Source Powered by WPeMatico
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Central Banks Are Exploring Blockchain — but For Their Own Reasons
Central banks’ growing interest in DLT reveals concerns in the traditional financial sector as the gap between the two narrows Go to Source Powered by WPeMatico
BIS: No Central Bank Digital Currencies Focus on Cross-Border Payment
None of the 17 ongoing central bank digital currency projects is focused on cross-border payments, the Bank for International Settlements says Go to Source Powered by WPeMatico
Bank of England Warns Crypto Adoption May Impact Credit Creation
The Bank of England official urges regulators to prepare before stablecoins become “systemically important” Go to Source Powered by WPeMatico
Brazil’s PIX Payments System Has the Same Spirit, but Not a Blockchain Structure
When PIX is implemented, a number of Brazilan banks could take a hit. Point-of-sale machines and payment processing firms could become scarce Go to Source Powered by WPeMatico
Fed Coronavirus Rate Cut May Beat Bitcoin Inflation After 2020 Halving
The Fed may bring short-term rate under 1% this year, traders are betting as coronavirus continues its spread Go to Source Powered by WPeMatico
Bank of Japan Official Calls for Deeper Understanding of Digital Currencies
Advanced economies should focus on addressing money laundering and oversight instead of issuing digital currencies, says a Bank of Japan official Go to Source Powered by WPeMatico
Lebanon Fights for Separation of Money and State as Residents Use Bitcoin to Evade Capital Controls
Mass unrest in Lebanon due to allegations of political corruption and heavy handed capital controls has carried over into the new year, with reports pointing to a notable uptick in bitcoin trading from the embattled nation. As residents seek to preserve as much value as they can while government falters, some traders are calling for … Read more
China’s Digital Yuan Research Delayed Amid Coronavirus Epidemic
The coronavirus outbreak has led to postponed work at various Chinese government institutions, including the organs responsible for researching and developing the digital yuan Go to Source Powered by WPeMatico
Ukraine’s Central Bank: E-Hryvnia Threatens Landscape of Banking System
The National Bank of Ukraine is still trying to balance the potential threats and benefits of a central bank digital currency Go to Source Powered by WPeMatico