Cryptocurrency Analysis and News Portal
The quest to understand the opportunities and challenges of a central bank digital currency, or CBDC, is underway in 81 countries, with five nations fully implementing a digital version of their currency, according to a new tracker from the Atlantic Council. The Caribbean region is home to all five CBDCs that
Read More
As central bank digital currencies, or CBDCs, continue to garner mainstream traction across the global financial landscape in recent years, almost all central banks are actively researching the benefits and risks of offering a digital currency to the public.In its most basic sense, a CBDC is a digital form of
Read More
Ever since the publication of Satoshi Nakamoto’s white paper back in November 2008, “Bitcoin: A Peer-to-Peer Electronic Cash System,” the term “blockchain” has been synonymous with digital currencies in the sense of the underlying technology that allows for the transfer of value, peer-to-peer. What’s interesting is that the term “blockchain” is
Read More
The Committee on Payments and Market Infrastructures conference was held in Basel, Switzerland. One of the main guests was the Chairman of the U.S. Federal Reserve, Jerome Powell. Referring to a report created by the institution he chairs and other banking institutions, Powell said: A recent report from the Bank for
Read More
Image a scenario where you need different messengers to send different types of messages — for example, WhatsApp for text messages, Viber for audio, Telegram for video, etc. Rather inconvenient, right? But this is exactly what happens in finance: There is no way to send both digital fiat money and
Read More
The G7 meeting on Friday is a virtual meeting and will be the first since U.S. President Joe Biden was sworn into office on Jan. 20. Source
Read More
The job listing follows comments made by Fed Chair Jerome Powell in recent weeks where he said the central bank needed “better regulatory answers” for global stablecoins. Source
Read More
By late 2013, it was clear crypto assets would be the future of finance. It was the first time bitcoin crossed $1,000. To the cypherpunks’ chagrin, central banks around the world began publishing warnings to curb the “decentralized genie” threatening the stability of the familiar system. First they ignore you, then
Read More
In 1987, Nobel laureate James Tobin proposed the concept of a retail central bank digital currency. The idea was that central banks should create a public payments “medium with the convenience of deposits and the safety of currency.”It was a novel idea, which is only recently being taken seriously. Public
Read More