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20/05/20 19:42 by Brenda Ngari
France Becomes the First Country to Successfully Trial a Blockchain-Based Digital Euro
Central banks across the globe are having an ultra-busy time amid the coronavirus crisis. Besides pumping in millions on millions of money into the system to salvage the economy, central banks have h... Read More
06/04/20 15:22 by Brenda Ngari
South Korea’s Central Bank Initiates Pilot Scheme For Trialing Digital Won
The central bank of South Korea announced today the launch of a pilot scheme to test the viability of its own digital currency to replace its current payment systems.
Although the Bank of Korea ex... Read More
24/02/20 21:55 by Tolu
UK CBDC: Bank of England Exec Says Need for National Currency is “Crucial”
Calls for the creation and development of national currencies seem to be rising steadily. Another call has been made by one of the execs of the Bank of England (BoE) in support of digital currencies.... Read More
15/12/19 03:00 by JP Buntinx
South Korea Will Research Central Bank Digital Currencies
South Korea is an important region when it comes to cryptocurrencies. It now appears the country’s central bank wants to begin researching central bank digital currencies in the near future.
... Read More
13/12/19 13:38 by Kevin Helms
Lagarde Sees Demand for Stablecoins, Plans to Put ECB ‘Ahead of the Curve’
At her first press conference as head of the European Central Bank (ECB), Christine Lagarde outlined her plans to lead the ECB “ahead of the curve” in the field of digital currency. &ldquo... Read More
08/12/19 20:33 by Himadri Saha
Bitcoin Usage in Nigeria Surging Despite Govt. Caveats
The Central Bank of Nigeria (CBN) has warned that bitcoin and digital currencies are not legal tenders but Nigerians don’t seem to care.
Bitcoin Adoption Rising Despite Apex Bank, Senate Warn... Read More
07/12/19 03:00 by Thomas Delahunty
Central Banks Issuing Digital Currency Could Be a Bluff; Here’s How
Going by recent headlines, it appears as though central banks around the world are planning to or in the process of creating their own digital currencies.
The coins, by their disruptive nature, are bo... Read More
06/12/19 17:12 by Osato Avan-Nomayo
BIS Fears Central Banks May Lose Relevance to Private Cryptos
For Agustin Carstens, head of the Bank of International Settlements (BIS), central banks cannot concede their roles as gatekeepers of the global financial system to private cryptos. Meanwhile, authori... Read More
26/11/19 21:00 by Rick D.
Cryptocurrency Startup Partners with Booking.com, Can Such Deals Promote Crypto Adoption?
A cryptocurrency-friendly travel booking platform has partnered with the online travel agency giant Booking.com. The deal will allow users of the Travala platform to book accommodation listed on Booki... Read More
18/11/19 18:16 by Thomas Delahunty
Crypto Assets Are Legal Equivalent of Property: Report
U.K.: Crypto-assets are legally equivalent to property, clearing the way for businesses to use digital currencies backed by blockchain technology, a high-powered group of legal experts chaired by a se... Read More
16/11/19 11:00 by Lubomir Tassev
Global Trend Against Cash Intensifies as China Joins the Squeeze
For various reasons, a growing number of nations are experiencing the rapid development of cashless society. Paper money may become extinct in some countries in the not-so-distant future. Prompted by ... Read More