Cryptocurrency News From Japan: Feb. 9 – Feb. 15 in Review
This past week’s news from Japan included details on Bitpoint’s massive 2019 deficit, a Japanese politician’s Libra fears and more Go to Source Powered by WPeMatico
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Bahamas Digital Dollar to Roll out Across All Islands in H2 2020, Governor Says
After launching the Bahaman digital dollar pilot in December, the Bahamas’ central bank will roll out the initiative across all islands in H2 2020 Go to Source Powered by WPeMatico
China takes additional steps to digitise the renminbi
The People’s Bank of China files for multiple patents related to digital currency Go to Source Powered by WPeMatico
Conservative U.S. Think Tank Denies Need for Federal Digital Currency
The government should ensure consumers can use the preferred currency instead of launching a digital currency, according to U.S. think tank the Heritage Foundation Go to Source Powered by WPeMatico
US Congressman Challenges Fed Chair on Threat of China’s Digital Currency
Congressman tells Federal Reserve Chair that the U.S. is at the tipping point of issuing its central digital currency Go to Source Powered by WPeMatico
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
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
China Stocks Plummet Despite 1.2 Trillion Yuan Injection to Mitigate Effects of Epidemic
China’s stock market plunged Monday under selling pressure accumulated during a prolonged holiday. Investors have been worried by the coronavirus outbreak that’s already taken the lives of more than 360 people. Beijing authorities have responded by pumping well over a trillion yuan into the country’s economy and financial system. Also read: China’s Inflation Hits a … Read more
Singapore: Digitized Securities Exchange Gets Regulator’s Go-Ahead
Singapore’s central bank and regulator MAS has licensed capital markets blockchain platform iSTOX to operate in the city-state Go to Source Powered by WPeMatico