Cryptocurrency Analysis and News Portal
The central banks of Saudi Arabia and the United Arab Emirates (UAE) have concluded a digital currency (CBDC) pilot, finding that distributed ledger technology can improve cross-border transactions and meet the demands of financial privacy in a purely digital context. In a 93-page overview of the “Aber” project, the two central
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Schulman spoke about the fall of cash, the rise of bitcoin and the institutional traders taking note of both. Source
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Central bankers hope the CBDC will help restore confidence in Lebanon's shaky banking sector. Source
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The deputy governor of the Norway’s central bank said there’s no urgent need for the nation to launch a digital krone in a speech at the country’s Finance Payments Conference on Thursday. Outlining the Norges Bank’s current assessment of a central bank digital currency (CBDC) for real-time payments, Ida Wolden
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China's president said the nation should proactively participate in setting the international framework. Source
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Available now with Crypto Cars Online Dallas/Fort Worth, Texas— October 26, 2020 — Crypto Cars Online announced immediate availability of purchasing vehicles with crypto currency, after partnering with top rated auto dealers in the Dallas Fort Worth area. “Our system is simple when you buy a car with Crypto Currency,” said Spokesman
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Societe Generale – Forge, the digital capital markets platform of the Societe Generale Group, has chosen one of Blockchain leading companies ConsenSys to provide technology and services as
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The investment banking giant says the blockchain hype cycle has moved past inflated expectations and into the realm of being commercially viable. Source
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Silvergate Bank added $586 million in new deposits from firms and individuals in the cryptocurrency industry in the third quarter of 2020, according to an earnings report released before market-open on Monday.The cost of those deposits dropped from 0.37% down to 0.01% and the bank’s fee income for digital currency
Read MorePayPal has terminated its services to domain registrar Epik, allegedly due to a risk of money laundering through its “alternative currency” Masterbucks, according to an article on Mashable.However, in a series of open letters, Robert Davis, Epik’s senior vice president of strategy and communications has suggested that the motive behind
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