Cryptocurrency Analysis and News Portal
Sveriges Riksbank, Sweden's central bank, took a 98-page deep dive into central bank digital currencies, or CBDCs, referencing the country's own such asset — the e-krona. "The second issue of Sveriges Riksbank Economic Review in 2020 has a special theme, namely central bank digital currencies (CBDC) and the e-krona," Riksbank's June
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The Bank for International Settlements (BIS) expects the COVID-19 crisis’ impact on retail payments to have a knock-on effect on the development of central bank digital currencies (CBDC).The BIS is an organization based in Switzerland made up of 60 of the world’s central banks, and has previously released a number
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Bitcoin is one of the only sources of funding available for the “pirate” science site, Sci-Hub, which is quietly engaged in war against copyrights. Despite Bitcoin’s ability to disintermediate money from politics, a new quantum computer may eventually crack its code. Here’s the story: You’re reading Blockchain Bites, the daily roundup of
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The number of bitcoin whales is at its highest level since 2017, as the network adjusts its difficulty setting for the first time post-halving. Elsewhere, Canada is hiring a CBDC expert, Thailand is using a blockchain to issue bonds and Kraken is expanding into Australia. Here’s the story: You’re reading Blockchain Bites,
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China has emerged as the world’s leader in central bank digital currency, or CBDC, development, driving speculation surrounding the country’s domestic and international ambitions for its CBDC.Speaking to Cryptox, Glenn Woo, Ledger Vault’s head of the Asia-Pacific region, predicted that China’s state-backed virtual currency will be the first to launch
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United Kingdom-based blockchain firm L3COS has submitted a proposal to the Bank of England, or BoE, for a blockchain-based operating system to power a central bank-issued digital currency, or CBDC.L3COS described the proposal as a response to the consultation document on CBDC published by BoE in March — which identified
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In this issue Digital Dollar Project lays out path for an American CBDCElectronics giant LG now part of Hedera HashgraphEnjin plugs blockchain into Minecraft In China: blockchain as cure for gaming addiction, whether DCEP is ready to launch VC highlights in Singapore, the Philippines and JapanFrom the Editor’s DeskDear Reader,Protests and Covid-19 now
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Central banks in 46 countries are considering creating a central bank digital currency (CBDC) using a constrained form of distributed ledger technology (DLT), according to a new survey. But they're leery of blockchain.London-based journal Central Banking, a specialized publication supported, among others, by the Bank of International Settlements (BIS) and
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Top ShelfThe world is growing more comfortable with the idea of digital assets, with several nations stepping forward today to discuss the designs of central bank digital currency (CBDC) programs. Speaking at Consensus: Distributed's Future of Fiat Workshop, central bank executives sent smoke signals regarding CBDC pilot programs. Harvesh Seegolam, of
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A number of countries like China and Sweden are already experimenting with central bank digital currencies (CBDC). The implementation of this new type of money requires a number of aspects including tech advancement and specific regulation. According to a key official at the European Central Bank (ECB), the main challenge
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