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Crypto 18/07/21 20:08 by Olivia Brooke
Why the Craze for Central Bank Digital Currencies is Alarming for the General Cryptocurrency Market
Over the years, central banks have been dropping hints about making their own digital currencies. The updates have come not long after independent digital currencies like Bitcoin and Ethereum were ta...
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Crypto 14/07/21 17:34 by Best Owie
European Central Bank Moves Up Investigation Phase Of Digital Euro, How This Could Affect Crypto
President of the European Central Bank Christine Lagarde took to Twitter earlier to announce that the European Central Bank has decided to move up the investigation phase for the euro digital currency...
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Bitcoin 09/07/21 12:11 by David Kariuki
11% Of Reserve Managers From 30 Leading Central Banks Consider Bitcoin As An Alternative To Gold
Although the number of central bank reserve managers who prefer cryptocurrency investments is still quite low, the number is slowly progressing, and 11% of respondents in a recent UBS survey now say ...
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Crypto 08/07/21 13:47 by Ruholamin Haqshanas
Russia to Bring More Legislation to Crypto — New Bill Allows Crypto Confiscation
Russian officials aim to develop a new set of amendments that would authorize the government to confiscate crypto assets, as per a report by a local media outlet. Igor Krasnov, the Prosecutor General...
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Altcoins 04/07/21 10:52 by Asad Gillani
Brian Armstrong Says China’s Digital Currency Is A Threat To U.S.
Brian Armstrong strongly argues that China’s Central Bank Digital Currency will pose a threat to the U.S. Armstrong see the CBDC as a move that will disrupt the United States reserve currency in...
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Crypto 30/06/21 15:15 by Brenda Ngari
No Time To Lose: Bank Of France’s Villeroy Says Europe Should Regulate Crypto As Quickly As Possible
Bank of France governor François Villeroy de Galhau has recommended the urgent creation of a framework for cryptocurrency regulation to avoid potential erosion of Europe’s monetary sovereignty. ...
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Crypto 27/06/21 19:20 by Bernice Nyambura
Blockchain Technology Not Ideal For CBDCs, SWISS Central Bank Economist Argues
Central bank digital currencies (CBDCs) have little structural benefits to draw from decentralized features of blockchain technology, according to the chief economist at Swiss National Bank Carlos Le...
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Bitcoin 24/06/21 19:45 by Best Owie
Crypto Isn’t Money, Annual Economic Report On Bitcoin
A recent report from the Annual Economic Report came with several insults on Bitcoin. According to the report, crypto is not money but a speculative asset. One which carries no real value. It highligh...
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Altcoins 31/05/21 20:22 by Reynaldo Marquez
How Ethereum Could Power A CBDC, According To A Chinese Goverment Official
Yao Qian, a member of The China Securities Regulatory Commission, presented a case where a possible Digital U.S. dollar and the Digital Yuan run on top of Ethereum’s network. The government offi...
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Altcoins 27/05/21 00:23 by Reynaldo Marquez
PayPal To Explore Crypto Withdrawals, Why It’s Bullish For BTC And ETH
2020 was the year of mainstream crypto adoption and PayPal’s service based on Bitcoin, Ethereum, Litecoin, and others was an inflection point. The service allows its U.S.-based customer to buy, ...
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Altcoins 12/05/21 00:22 by Reynaldo Marquez
Ripple’s Partner Accenture Writes Paper With SWIFT On CBDCs
Ripple’s partner Accenture, the technology and business consulting firm, has published a paper with SWIFT on the potential for central bank digital currencies (CBDC) payment solutions. Titled &l...
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Other 02/05/21 22:50 by Reynaldo Marquez
China’s Central Bank To Work With Alibaba’s Ant On Digital Yuan
Per a report by VOA News, Alibaba Group’s affiliate Ant Group has signed a partnership with the People’s Bank of China. The partners will work to build a platform for the country’s c...
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Altcoins 28/04/21 21:58 by Erie Maxwell
Visa Ready To Storm Crypto Space ‘In A Very Big Way’, But Is It Snubbing Bitcoin and Ethereum?
Top tier global payment platform, Visa, is set to make a grand entrance into the crypto space with the adoption of only the USD Coin (USDC) as a means of payment and transactions on its platform. ...
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Crypto 23/04/21 09:42 by Guest Author
Blockchain-Based Firm Quannabu To Modernize the Production of CBD-infused Products
Quannabu, a blockchain-based firm, is seeking to solve issues with the Marijuana supply chain. According to the firm, the Marijuana industry has been scattered thus making the supply chain more chall...
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Crypto 19/04/21 16:08 by Tokoni Uti
Britcoin: UK Looking To Create Its Own Digital Currency
One thing that has become very prominent on the global stage is the creation of Central Bank Digital Currencies (CBDCs) by various world powers. China, Canada, the Bahamas, the British Virgin Islands...
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Other 13/04/21 16:39 by Haider Jamal
U.S. Struggles To Keep Up As China Further Develops Its CBDC
The new U.S administration, led by President Joe Biden, is keeping a close watch on trends in China surrounding a possible digitized version of its national ‘Yuan’ currency. The Biden administrat...
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Crypto 10/04/21 16:03 by Patrick Murimi Kariuki
Cryptocurrency Trends To Watch Out For In 2021
2020 was a chaotic and unpredictable year by all means. However, even with all the uncertainties that were in the cryptocurrency market, 2020 remains famous for the record-breaking prices of tokens a...
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Bitcoin 07/04/21 14:40 by Yashu Gola
Rich Dad Poor Dad’s Kiyosaki is Buying More Bitcoin Today, But Why?
People usually buy Bitcoin in hopes that they would be able to sell it to others for higher profits. But for a celebrated financial expert like Robert Kiyosaki, Bitcoin is an opportunity to break away...
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Other 05/04/21 19:31 by Brenda Ngari
Bank Of Japan Commences The First Phase Of Its Digital Yen Experiments
Japan is the latest country making efforts towards issuing its own central bank digital currency (CBDC). The country, however, is taking a measured approach towards the digital currency project. B...
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Altcoins 04/04/21 21:00 by Reynaldo Marquez
Could the EU use Stellar Lumens to issue its CBDC?
On a Reddit post, Stellar community has discussed the most recent developments on the possible issuance of a central bank digital currency (CBDC) by the European Union. According to statements by the ...
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Bitcoin 04/04/21 12:54 by Olivia Brooke
China’s Central Bank Admits Surging Price Of Bitcoin Has Boosted Interest In Digital Yuan
China’s Central Bank seems to have noticed a spike in the interest rate of residents towards the country’s Digital Yuan. The project is expected to help China join in the digital race ...
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Other 02/04/21 20:54 by Brenda Ngari
Thailand’s Central Bank Plans To Start Piloting Its CBDC In 2022
Thailand’s digital currency project is progressing swiftly and the Bank of Thailand, the country’s central bank, is readying to start pilot tests in the second quarter of 2022. Thailand’s CB...
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Bitcoin 27/03/21 16:58 by Tokoni Uti
Bank of Korea Governor Says CBDCs Will Shrink Demand for Bitcoin
It seems that a wave of CBDCs will be upon the crypto world soon. China is actively rolling out its digital yuan, France is testing the digital euro, and calls for the United States to begin work on ...
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Other 25/03/21 21:07 by Bernice Nyambura
Central Banks Should Develop Globally Interoperable CBDCs – China Proposes
Central Bank Digital Currencies (CBDCs) should have a set of rules applicable globally to deal with highly sensitive issues like information sharing and monitoring. This is according to a new proposa...
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Bitcoin 23/03/21 16:20 by Brenda Ngari
Fed Chairman Powell Sees Bitcoin As A Substitute For Gold Rather Than The U.S. Dollar
Chairman of the Federal Reserve, Jerome Powell, on Monday reaffirmed his belief that the world’s oldest cryptocurrency is a gold substitute but it is too volatile and is “backed by nothing” for...
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Altcoins 04/03/21 15:19 by Nick James
Ripple Is Testing A Private Version Of The XRP Ledger Targeting Central Banks
Blockchain firm, Ripple, is currently running a pilot project of its new product that’s mainly meant for use by Central Banks. The company announced this new development on its blog, saying that th...
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Other 24/02/21 13:06 by Bernice Nyambura
China and UAE Central Banks Join “Multiple CBDC Bridge Study” To Enhance Cross-Border Payments
The Central Bank of the United Arab Emirates (CBUAE) and the Digital Currency Institute of the People’s Bank of China (PBC DCI) have joined Hong Kong Monetary (HKMA) in partnership with the Bank of...
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Other 18/02/21 11:47 by John Caroline
Sweden’s Riksbank says there is no possibility for a cash-like CBDC
World’s oldest central bank, Sweden’s Riksbank, asserts that the central bank digital currencies, CBDC has little or no tendency of performing cash-like features, following a recent Bloom...
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Altcoins 05/01/21 14:35 by Ponvang Bulus
DeFi Will Feature In The Altcoin Rally: Raoul Pal Says In 2021 Crypto Forecast
Bitcoin bull and Co-Founder of Real Vision, Raoul Pal says that DeFi will feature in the next altcoin rally. In his crypto predictions for 2021, Pal said tokens are not going away despite the skeptic...
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Altcoins 05/01/21 14:10 by Ponvang Bulus
Stellar Foundation to Help Build Ukraine’s National Digital Currency
Ukraine is working on building its own national digital currency. The country’s government announced that it is bringing in the Stellar Development Foundation to build the central bank digital curr...
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