‘No Point’ in Central Bank Digital Currencies
Alan Greenspan, the former chair of the United States Federal Reserve (Fed), has said there’s “no point” for central banks to issue their own digital...
Category : Central Bank
HCM Capital Expects China’s Digital Currency to Launch in 2-3 Months
Founding managing partner of HCM Capital, the private equity arm of electronics manufacturer Foxconn, Jack Lee, says China’s Central Bank Digital Currency (CBDC) is ready...
Argentina Sets New Trading Record After Central Bank Bans Bitcoin Buys
Bitcoin (BTC) trading set new records in two of its most keenly watched South American markets last week, new data has revealed. As monitoring resource...
Singapore’s MAS, JPMorgan Unveil Multi-Currency Blockchain Prototype
Singapore’s central bank and state investment firm have created a prototype multi-currency blockchain-based payments network together with JPMorgan. A Nov. 11 report from The Business...
Bitcoin ‘Is Not Real,’ Says Former European Central Bank Chief
Bitcoin (BTC) lacks the characteristics of a currency and is purely speculative, according to the European Central Bank’s former president Jean-Claude Trichet. Chinese news outlet...
Hopefully We Can Interoperate With China’s Crypto
Ethereum co-founder and founder of Consensys, Joseph Lubin, said that he hopes China’s Central Bank Digital Currency (CBDC) will allow for interoperability with public permissionless...
Tunisia to Launch E-Dinar National Currency Using Blockchain
Tunisia has become the first country to start moving its national currency to a blockchain platform. Russian ICO startup Universa will help issue and manage...
Malaysia to Impose Cash Transaction Limit of $6K in 2020: Report
Malaysia is planning to impose a $6,000 limit on cash transactions in 2020, according to a deputy governor at the country’s central bank. The new...
Libra Would Be Trusted If Run by IMF
The former head of People’s Bank of China (PBoC), Zhou Xiaochuan has argued that the Libra stablecoin would be more readily trusted if it were...
Fed Must Launch FedNow Ahead of Facebook’s Libra, Says Gov’t Official
A senior United States federal official has argued that Facebook’s Libra highlights the need for the Federal Reserve (Fed) to act urgently and launch its...