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implementing CBDC won’t tag significant economic risks

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied According to Colombia’s central bank research, adopting a central bank digital currency (CBDC) is expected to have limited economic impacts, underscoring the importance of incorporating attractive attributes tailored to essential user segments. The paper indicates that the

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US Treasury to Attempt Coercing European Countries Into Implementing Sanctions Against Russia – Economics Bitcoin News

Officials of the U.S. Treasury Department will travel to Europe this month with the objective of getting more countries to apply punitive actions against Russia. The tour, which includes visits to Switzerland, Italy, and Germany, aims to stop the material support companies in these states provide Russia, threatening to cut

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IMF offers Jordan’s central bank recommendations for implementing retail CBDC

The Central Bank of Jordan is closer to its next step toward a retail central bank digital currency (rCBDC) with the completion of an International Monetary Fund technical report on the country’s markets. The IMF conducted a three-month mission last year to assist the bank with preparations for a CBDC

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Saudi Arabia Exploring Possibility of Implementing Blockchain in Government – Featured Bitcoin News

The Kingdom of Saudi Arabia is looking into the possibility of implementing blockchain technology across its government as well as allowing the use of cryptocurrencies. However, an official said the kingdom can only successfully build blockchain-based solutions if it hires people that are proficient in this technology. Government Needs to

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Implementing the double-edged sword of KYC is a must for crypto exchanges

During 2017’s bull market, most crypto services lacked the proper Know Your Customer and Anti-Money Laundering measures. Even in 2020, 56% of the analyzed 800 cryptocurrency exchanges and over-the-counter trading desks followed weak KYC practices, according to a CipherTrace report. However, the current digital asset rally has turned the crypto

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China Considers Implementing Blockchain Tech in Equity Trading Centers

The China Securities Regulatory Commission, or CSRC, recently issued a letter approving five regional equity markets. They will include equity centers in Beijing, Shanghai, Jiangsu, Zhejiang and Shenzhen. These and other regions received authorization to begin experimenting with a blockchain pilot in early July.Blockchain and equity tradingAccording to Beijing Local

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Alibaba Group Implementing Blockchain Technology for the World’s Largest eCommerce Site

Bitcoin$6,235.00 Rank1SymbolBTCPrice$6,235.00Changes 24h 3.20%Total Volume44,959,385,889.00Market Cap113,461,628,776.00Circulating Supply18,283,250.00 BTCXRP$0.155 Rank3SymbolXRPPrice$0.155Changes 24h 0.390%Total Volume2,148,169,333.00Market Cap6,758,371,975.00Circulating Supply43,842,625,397.00 XRPEthereum$130.04 Rank2SymbolETHPrice$130.04Changes 24h 2.08%Total Volume12,994,610,230.00Market Cap14,274,859,271.00Circulating Supply110,215,650.37 ETHEOS$2.25 Rank8SymbolEOSPrice$2.25Changes 24h 2.78%Total Volume2,655,902,546.00Market Cap2,092,394,308.00Circulating Supply934,086,354.00 EOSBitcoin Cash$215.08 Rank5SymbolBCHPrice$215.08Changes 24h 2.30%Total Volume3,806,583,111.00Market Cap3,925,543,259.00Circulating Supply18,346,439.65 BCHTether$0.998 Rank4SymbolUSDTPrice$0.998Changes 24h -0.36%Total Volume54,302,621,995.00Market Cap4,259,975,230.00Circulating Supply4,288,917,905.08 USDTStellar$0.039 Rank14SymbolXLMPrice$0.039Changes 24h 1.48%Total Volume324,851,727.00Market Cap786,075,568.00Circulating Supply20,283,516,546.16

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