Geopolitical fallout of central bank digital currencies
China might lead the charge into the digital economy, but will being the first major economy to launch a CBDC be enough to win global reserve currency status? Go to Source Powered by WPeMatico
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At least 3 nations to replace their currency with CBDC by 2030: report
The digital yuan will not unseat the U.S. dollar — at least not right away. Go to Source Powered by WPeMatico
Good Stablecoin Rules in the EU Pave the Way for CBDCs and a Digital Euro
In the EU, getting laws right on Libra could be the best way to speed up a digital euro from the European Central Bank. Go to Source Powered by WPeMatico
Romania Is on the Way to Blockchain and Crypto Regulation
The European Union’s 5AMLD has been adopted as the first regulation in Romania of virtual currencies, crypto-wallets and fiat-crypto exchange platforms. 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
Not Like Before: Digital Currencies Debut Amid COVID-19
The coronavirus pandemic has forced governments worldwide to focus on bringing blockchain tech to their financial services. Go to Source Powered by WPeMatico
Not With Bitcoin: Rumor ECB Eyeing $500B Debt Quarantine in ‘Bad Bank’
Coronavirus will inflate the EU bad debt mountain, and banks should be shielded, while an official speaks highly of so-called “bad banks.” Go to Source Powered by WPeMatico
German Banks Purposefully Misled the ECB in 2014, Report Shows
In the financial world, there are a lot of developments that were never allowed to see the light of day. A new report issued by several experts confirms that the ECB was fooled by several German banks in 2014. Every so often, the ECB will conduct an asset quality review, or AQR. The ECB was … Read more
Main Barrier to CBDC Is Philosophy, Not Tech, Says European Central Bank Rep
ECB executive board, Yves Mersch, believes that the main impediment for CBDC is philosophical rather than technological. Go to Source Powered by WPeMatico
Virtual Consensus 2020 Kicks Off with ECB Official Discussing CBDC
Major crypto event, Consensus: Distributed, kicks off virtually, with ECB board member Yves Mersch discussing central bank digital currencies. Go to Source Powered by WPeMatico