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CryptoX is preparing for the invest: ethereum economy virtual event on Oct. 14 with a special series of newsletters focused on Ethereum's past, present and future. Every day until the event the team behind Blockchain Bites will dive into an aspect of Ethereum that excites or confuses us. Today's intro is written by CryptoX research
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The proposal games out CBDC scenarios for fundamentally different potential digital currency end users. Source
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The Bank of Japan stated that it would start conducting research in the following financial year on how to develop and operate its CBCD.A local government official in Japan has said that the country needs to rapidly amend its central bank laws to allow the Bank of Japan (BOJ) to
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The report indicates that a CBDC should be easily convertible, convenient to all, possess an unmatched security system, have high speed, and should be of legal sound.As the world financial system gets digitized, central banks are tirelessly working on developing and issuing their Central Bank Digital Currency (CBDC) in the
Read MoreWith Central Bank Digital Currencies a point of focus across the globe, a number of countries' banking authorities have jointly produced a document discussing the currency type at length. The Bank for International Settlements told Cointelgraph in a statement that a group of seven central banks and the BIS had collaborated
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The U.S. Treasury Department is evaluating the merits of a government-sponsored digital currency, said one of its top officials Wednesday.Deputy Treasury Secretary Justin Muzinich, speaking to the Atlantic Council during a digital seminar on transatlantic economic relations, said the administration is studying a potential central bank digital currency (CBDC) tied
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At the height of 2017’s ICO boom, European Union member Estonia said it had the digital backbone to issue its citizens a national cryptocurrency, an “Estcoin.”At the time, then-European Central Bank (ECB) President Mario Draghi slapped down Estonia’s plans. But in an interesting indication of how far things have come,
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CryptoX is preparing for invest: ethereum economy with a special series of newsletters focused on Ethereum’s past, present and future. Every day until the event, the team behind Blockchain Bites will dive into an aspect of Ethereum that excites or confuses them.The Top Shelf news you subscribed to is down below. Now a few words from CryptoX’s
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The Central Bank Digital Currency (CBDC) is the digital form of fiat. According to the president of Brazil’s Central Bank, Central Bank Digital Currency (CBDC) may be integrated into the financial system by 2022.According to Roberto Campos Neto, the president of the Central Bank of Brazil, Brazilians will probably see the
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The key focus of the meeting will be to tackle the ways in which blockchain technology can benefit various models for CBDCs.The Bank of England will participate in a historic meeting of Central Banks organized by the Official Monetary and Financial Institutions Forum (OMFIF) on the issue of the CBDC
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