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Japan needs to keep researching a central bank digital currency, even if it won't launch one just yet, accord to the Bank of Japan's (BoJ) deputy governor.As per a Reuters report on Thursday, Masayoshi Amamiya said at a Tokyo seminar that if advances in payments technology arrive quickly, there may
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Bitcoin jumped the most in two weeks after a U.S. drone strike killed a top Iranian military commander, fueling speculation that heightened geopolitical turmoil might spur demand for the cryptocurrency in 2020. The digital asset’s price jumped 5 percent Friday to $7,300 as of 16:07 universal coordinated time (11:07 a.m. in
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The European Union Agency for Law Enforcement Cooperation, also known as Europol, has confirmed that Monero transactions remain anonymous as the agency is following the development of privacy coins.Jerek Jakubcek, a strategic analyst of Europol’s European Cyber Crime Centre (EC3), shared the details during a Blockchain Alliance webinar that crypto
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Lu Lei, China’s deputy head of the State Administration of Foreign Exchange (SAFE), recently engaged with stakeholders at a conference in Beijing where he said that the state agency is currently considering expanding the blockchain pilot to facilitate an enhanced integration of fintech and foreign exchange markets.Lei said that in
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The People’s Bank of China’s (PBoC) deputy director Mu Changchun said that the digital form of the yuan will be different to Bitcoin (BTC) and stablecoins.Chinese news outlet South China Morning Post reported on Dec. 22 that the head of the digital currency research institute at the PBoC said
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The head of the People's Bank of China's (PBOC) digital currency research subsidiary, Changchun Mu, said China's cryptocurrency will not need a currency basket to maintain a stable value.Speaking to reporters at The China Finance Association Academic Annual Meeting and China Finance Forum Annual Meeting in Beijing Saturday, Mu said
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According to recent statements by People’s Bank of China (PBOC) official Mu Changchun, the country’s digital yuan is ready for trials. The
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Coinbase Card, a crypto-powered Visa debit card from major crypto exchange Coinbase, now supports Dai (DAI), a stablecoin pegged to the United States dollar.According to a blog post on Dec. 6, Dai is the first stablecoin that is available on Coinbase Card, alongside major cryptocurrencies such as Bitcoin (BTC)
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The central bank of France plans to pilot a central bank digital currency (CBDC) for financial institutions in 2020. François Villeroy de Galhau, the governor of the Bank of France, announced that the bank will start testing the digital euro project by the end of the first quarter 2020,
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“A digital currency of this sort could take a variety of forms, the benefits and costs of which the ECB and other central banks are currently investigating, being mindful of their broader consequences on financial intermediation.” Cœuré said. Source
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