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 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 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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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 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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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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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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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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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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Altcoins 23/11/20 17:55 by Brenda Ngari

Ripple Wants To Work With Central Banks To Introduce CBDCs Support On XRP Ledger

What a year — the coronavirus pandemic that has taken the lives of millions of people around the world, economic uncertainty, and the unemployment numbers that have continued to skyrocket. As a res...
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Mining 10/11/20 04:00 by Nick Chong

NYU Professor Predicts CBDCs Are Imminent, Bitcoin Still Unviable

Central banks have been responding to the rise of Bitcoin with the introduction of central bank digital currencies, or CBDCs. Thus far, movement on this front has been somewhat slow. Save for China, m...
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Altcoins 21/10/20 12:20 by Nick James

Ripple CTO On How XRP Can Benefit From A Global Financial Reset As A “Neutral, Jurisdictionless Asset”

As more governments draw up plans to introduce CBDCs, they’ll need to adopt a bridging technology to streamline the payment system among the many CBDCs to come. In this case, XRP could gain by chip...
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Altcoins 20/10/20 14:09 by Samuel Wan

Sweeping Changes Coming to Finance, Ripple CTO Believes XRP Can Benefit

Ripple CTO David Schwartz weighs in on discussions of a “Great Financial Reset” by saying talk of a one-world currency is premature. However, Schwartz acknowledges that a global network of...
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Bitcoin 19/10/20 23:09 by Bernice Nyambura

CBDC’s Are Coming Fast But Will Not Replace Bitcoin – Raoul Pal

According to the Real Vision founder and CEO Raoul Pal, governments and Central Banks are much more prepared to roll out central bank digital currencies than most people think. The changes that ha...
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Other 12/10/20 14:34 by Samuel Wan

Digital Yuan Trial Goes Live But Fears Over Dystopian Future Grow Louder

After years of rumors and leaks on Chinese social media, Shenzhen residents became the first in the country to trial the digital yuan. Distribution of funds took place via a lottery-style promotion wi...
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Other 06/10/20 05:02 by Nick Chong

Canadian Central Bank Releases Extensive Report on Viability of CBDCs

Central bank digital currencies, often known as CBDCs, are seemingly imminent: over recent months, central banks around the world have revealed that they are working on their own digital currency proj...
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Altcoins 26/09/20 20:10 by Jide Idowu

Ripple CEO Brad Garlinghouse Explains Why CBDCs Don’t Threaten XRP

In a recent tweet, Ripple CEO Brad Garlinghouse continues to bolster the opinion that digital assets like XRP aren’t threatened by Central Bank Digital Currencies (CBDCs), but rather, convinced...
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Altcoins 01/09/20 22:22 by Brenda Ngari

Tether (USDT) Overtakes XRP Yet Again, Exceeds $13.4 Billion Market Valuation

Over the past 24 hours, Tether stablecoin has overtaken Ripple’s XRP once again to become the world’s third-biggest cryptocurrency just behind ethereum (ETH) and bitcoin (BTC). Tether now boasts ...
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Bitcoin 20/08/20 12:01 by Vincent Mislos

Bitcoin And Libra Can Coexist With CBDCs, Says Former Reserve Bank Of India Governor

With more central banks around the world studying the issuance of their own digital currencies, Bitcoin and Libra could still find a purpose to be part of a future when money becomes purely digital. ...
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Altcoins 19/08/20 18:14 by Nick James

XRP Complements Stablecoins and CBDCs, Top Ripple Exec Asserts

The advent of Stablecoins and Central Bank Digital Currencies (CBDCs) has pretty much put Ripple’s XRP in a compromising position, especially given that they do almost exactly what XRP does when ut...
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Bitcoin 05/07/20 00:19 by Steve Muchoki

VISA Head Of Crypto Deconstructs Issues Regarding CBDCs and Effects on Bitcoin Adoption

Through a series of tweets on his official twitter account published on July 4, VISA Head Of Crypto, Cuy Sheffield, shared his thoughts on central bank digital currencies (CBDCs). According to him, C...
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Crypto 11/12/19 08:00 by Martin Young

Lithuanian Central Bank Publishes Crypto (CBDC) Research

This year has seen the beginnings of a global race to launch central bank crypto-assets (CBDCs). No country has managed it yet but China is emerging as the clear favorite. This has spurred the forward...
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