Cryptocurrency Analysis and News Portal
An analytical paper released by the European Parliament Committee on Economic and Monetary Affairs has given the digital euro a mixed review. The title of the paper summed up its position: “Digital Euro: When in doubt, abstain (but be prepared).”The paper was written at the request of the parliamentary committee
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The Saudi Central Bank (SAMA) is ramping up its research into Central Bank Digital Currencies (CBDCs) but is yet to announce a deployment.In a Jan. 23 bulletin, the bank stated it was working on a phase of a project that “focuses on domestic wholesale CBDC use cases in collaboration with
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In a new annual economic report published by the Bank of International Settlements (BIS), the financial institution revealed that approximately 90% of central banks worldwide are investigating the feasibility of adopting central bank digital currencies, or CBDCs.The BIS report highlighted the ability of current sovereign fiat money to provide (relative)
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Banque de France has selected a number of candidates to test and present solutions for a new French
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Black hat hacker group Maze has infected the infrastructure of a firm researching the coronavirus with ransomware, managing to steal and publish sensitive data.The hack of medical informationCybersecurity firm Emsisoft told CryptoX on March 23 that Maze group’s hackers compromised United Kingdom medical firm Hammersmith Medicines Research. The published
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The Federal Reserve is looking at whether launching its own digital currency could be an effective counter to private initiatives such as Libra. Lael Brainard, who sits on the U.S. central bank's board of governors, said Wednesday the Fed is "conducting research and experimentation related to distributed ledger technologies and
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