Wednesday, January 27, 2021
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Former Canadian Prime Minister Lists Bitcoin as Possible Future Reserve Currency

Stephen Harper, an economist and the former prime minister of Canada, said bitcoin could potentially see use as a reserve currency, but isn’t going to supplant the U.S. dollar’s international role.In an interview with Cambridge House’s Jay Martin on Sunday, Harper acknowledged that the dollar had been on a downtrend,

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Swedish Bankers Air Concerns Over E-Krona Digital Currency Plan

Swedish banks have expressed apprehension over the central bank’s proposed e-krona digital currency and how it could affect their industry.With Sweden the nation that uses cash the least globally, the Riksbank has been considering taking digital payments using the e-krona mainstream. Late last year, Sweden’s financial markets minister, Per Bolund,

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Ukraine Government Picks Stellar Development Foundation to Help Build National Digital Currency

Ukraine’s government has chosen the Stellar blockchain network as a platform to build a central bank digital currency (CBDC).Announced Monday, the Ministry of Digital Transformation of Ukraine and the Stellar Development Foundation (SDF) signed a Memorandum of Understanding to build out a “virtual assets ecosystem and national digital currency of

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Russia’s central bank digital currency: Prospects and problems

Active digitalization of large domestic financial institutions is a noticeable, definitely positive trend. Russia is one of the five world leaders in the speed of transition to cashless payments, and the number of contactless transfers and payments are increasing every year. Such active development requires changes in legislation, and inevitably,

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