Cryptocurrency Analysis and News Portal
A member of the United States Federal Reserve’s board of governors has signalled that the institution is more open to the idea of central bank digital currency than previously.Lael Brainard — who chairs several Fed committees — made her remarks during a speech at a symposium on the future
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The National Bank of Cambodia (NBC) is readying a central bank digital currency (CBDC) to be launched at some point during the current fiscal quarter. Chea Serey, NBC's director-general, told the Phnom Penh Post this week the central bank was developing "the national payment gateway for Cambodia" as a blockchain-based,
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A greater share of value is being transferred via stablecoins over the ethereum network than its own native cryptocurrency ether (ETH), according to research conducted by crypto data aggregate Messari.In a recent tweet, research analyst at Messari, Ryan Watkins said stablecoin transfer value had “flipped” ethereum’s native currency, ETH.“This is
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The National Bank of Cambodia (NBC) is to launch a Blockchain-based, peer-to-peer payment and money transfer platform in the next few months, according to the NBC Director-General Chea Serey yesterday. Also known as a Central Bank Digital Currency (CBDC) or some might even coin it a national cryptocurrency.“We are very
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The president of the European Central Bank (ECB), Christine Lagarde, supports the bank’s active involvement in the development of a central bank digital currency (CBDC) to address the demand for faster and cheaper cross-border payments.In an interview with French business magazine Challenges published on Jan. 8, Lagarde discussed the
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As Bitcoin is adopted by more and more traditional financial institutions, and becomes regulated by governments worldwide, the question of its survival
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The European Central Bank (ECB) remains open to the idea of a digital euro equivalent but would want to stop citizens holding too much of it. That was the conclusion of a fresh working paper on so-called central bank digital currencies (CBDCs) by Ulrich Bindseil, the bank’s Director General of
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China has formally implemented a law governing cryptographic password management as part of its pre-release plans for its central bank digital currency (CBDC).As English-language news media outlet China Money Network reported on Jan. 1, the latest regulations have become legally binding following their unveiling in October last year.Crypto security
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The U.S. dollar’s century-long reign of the world economy faces a threat over the coming decade – as China’s renminbi strives to become its successor, as some prominent central bankers call for a more sustainable global monetary regime and as cryptocurrencies pose a radically alternative model. But as the 2020s begin,
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South Korea's central bank, the Bank of Korea (BOK), plans to organize a task force dedicated to central bank digital currency (CBDC) research in the new year.In its “Monetary Policy for 2020” brief, published on Dec. 27, BOK said it would continue to build on its existing research into
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