Japanese Officials Are Working on a Digital Currency
In an unexpected turn of events, Japanese lawmakers are set to propose a digital yen Go to Source Powered by WPeMatico
Digital Currency
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MIT Research Group Calls Crypto a Testing Ground for a Central Bank Digital Asset
The crypto space is a test tube of experimentation which may pave the way for a digital fiat asset, MIT’s crypto research group said Go to Source Powered by WPeMatico
Facebook’s Libra Pushed World to Reconsider USD as Global Reserve Currency: WEF
Global officials and economists at the WEF voice the fact that Facebook’s Libra pushed the world to start reconsidering the U.S. dollar as anchor currency Go to Source Powered by WPeMatico
Facebook and Calibra’s David Marcus: The Problem of Global Unbanked Is “Unacceptable”
Calibra’s David Marcus explained at WEF what is the primary purpose of digital currencies Go to Source Powered by WPeMatico
Indian Supreme Court Warms Up to Crypto – RBI’s Arguments Not Convincing
India’s supreme court heard the crypto case on Thursday, starting with the arguments by the counsel for the Reserve Bank of India (RBI). After pointing out that the RBI ban only hurts crypto businesses but does not stop crypto trading, the court explained that “being an honest contributor to the blockchain is more profitable than … Read more
World Economic Forum Debuts Framework for Central Bank Digital Currency
The World Economic Forum together with major central banks and financial institutions has released a toolkit for policymakers regarding central bank digital currencies Go to Source Powered by WPeMatico
Regulatory Roundup: New US Crypto Tax Bill, Central Banks Join Forces on Digital Currencies
In this roundup, we cover an exceptionally busy week for crypto regulations around the globe. We start our coverage with the U.S. Virtual Currency Tax Fairness Act of 2020, actions by the SEC, Ripple’s lawsuit, India’s supreme court hearings, Australia green-lighting a bitcoin retail fund, Thailand approving a new crypto exchange, and new crypto guidelines … Read more
Bank of England Continues its CBDC Research
Central bank digital currencies are a topic of massive debate. Several governments see merit in this concept, whereas others will try to steer away from it. Bank of England officials are still pro-CBDC, even though that has been different not that long ago. More Banks Show an Interest in CBDC Research With the Brexit now … Read more
Davos: Giancarlo’s Digital Dollar Project Will Focus on Benefits of a US CBDC
Ex-CFTC chairman J. Christopher Giancarlo confirms in Davos that the Digital Dollar project will focus on a U.S. central bank digital currency Go to Source Powered by WPeMatico
Hong Kong and Thailand Pilot DLT-Based Project for Cross-Border Payments
Hong Kong and Thailand’s central banks have piloted a Corda-based CBDC project for cross-border payments Go to Source Powered by WPeMatico