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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... Read More
06/07/21 21:26 by Asad Gillani
Ukrainian Local Bank To Launch Bitcoin Trading Feature In The Latter Part Of July
With the progress on crypto-related legislation from the Ukrainian Government, Bitcoin trading is about to experience a greater move. An important local e-bank, Monobank, plans to launch a BTC debit c... Read More
05/07/21 10:11 by Livine Sanchez
Why Don’t Governments Like Crypto?
The fact of the matter is that Governments do not like crypto. The reason they do not like crypto, is because the industry poses a threat to their autonomy.
Bitcoin is not a threat to governments ... Read More
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... Read More
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.
... Read More
18/06/21 17:06 by Bernice Nyambura
China’s State-Owned ICBC Bank To Offer Digital Yuan’s Cash Withdrawals In Beijing
Chinese citizens can now convert the Digital Yuan into Cash through the Industrial and Commercial Bank of China (ICBC), which has become the first bank in China to allow such transactions.
The sta... Read More
15/06/21 20:44 by David Kariuki
Bitcoin And Cryptos Are “Dangerous” And “Could Be Worth Nothing”, Bank Of England Boss Bailey Warns
Andrew Bailey, the Bank of England governor has said that the bank is focusing on stable coins which are backed by real-world assets and not on other crypto-assets which are “dangerous” and “co... Read More
12/06/21 23:31 by David Kariuki
Jack Dorsey Not Having It With Sen. Elizabeth Warren’s Negative Comment On Bitcoin
The debate on Bitcoin’s mining energy consumption doesn’t seem to be ending any time soon.
Elizabeth Warren, the Massachusetts US senator has joined the conversation, saying that one of the ... Read More
03/06/21 19:36 by Erie Maxwell
JPMorgan Head Hunting Crypto-Savvy Employees With Experience In The Bitcoin And Ethereum Markets
JPMorgan Chase & Co has announced job posts calling for crypto-savvy employees and those with experience in Bitcoin and Ethereum. The job postings all reveal the bank’s intentions to include di... Read More
24/05/21 16:34 by Brenda Ngari
Good News For Bitcoin Bulls As Russian Lawmakers Consider Reversing Ban On Crypto Payments
Russians looking forward to incorporating digital assets like bitcoin into their lives have recently received spectacular news, as the country’s lawmakers are now apparently considering allowing cr... Read More
08/04/21 22:07 by Reynaldo Marquez
Will the U.S. second oldest bank State Street start trading crypto?
According to a press release, one of the most important banks in the U.S. State Street will partner with start-up Puremarkets. The cooperation will enable State Street’s Currenex, a “high ... Read More
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... Read More
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 ... Read More
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... Read More
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... Read More
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... Read More
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... Read More
17/02/21 15:27 by Guest Author
Digital Currency Market Updates: New Trading Platform, CFDs on Shares
Online trading firm Digital Currency Market has announced the launching of its new trading platform, open to users at digitalcurrencymarket.io. Until recently, the company had offered hedging service... Read More
25/01/21 19:10 by Ponvang Bulus
Indian Central Bank Mulls Use of Central Bank Digital Currency For Payments
After many years of indifference, the Reserve Bank of India (RBI) is now considering the use of a digital fiat currency for the payment sector in the country, a recent report says. This is coming on ... Read More
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... Read More
08/12/20 15:23 by Bernice Nyambura
Citigroup and Certain Governments are Collaborating to Create Digital Currencies, CEO Posits
Outgoing Citigroup CEO Michael Corbat has disclosed that the global investment bank is working with several governments around the world to develop digital currencies.
“We’ve been working with... Read More
27/11/20 14:38 by Brenda Ngari
Facebook’s Libra To Go Live As Early As January 2021 As A Dollar-Backed Stablecoin
Despite Facebook’s various obstacles, the social media giant is set to finally launch its digital currency. According to reports, the much-anticipated Libra currency might launch as soon as January... Read More
11/11/20 12:45 by Brenda Ngari
Lebanon’s Central Bank To Issue Digital Currency In 2021 In Light Of Economic And Monetary Fallout
Banque Du Liban, the central bank of Lebanon is set to launch a central bank digital currency (CBDC) in 2021.
According to a report by a state-run news publication on Tuesday, the central bank’s... Read More
02/11/20 23:08 by Brenda Ngari
China’s Central Bank Has Transacted $300 Million In Digital Yuan So Far
The People’s Bank of China (PBoC) has processed over 4 million separate transactions — worth more than 2 billion yuan ($299.07 million) as part of the pilot tests for its central bank digit... Read More
02/11/20 15:28 by Ponvang Bulus
Reserve Bank of Australia Considers Use of Digital Currency Powered by the Ethereum Blockchain
The Australian central bank is considering the use of a Central Bank Digital Currency (CBDC) to be launched on the Ethereum Blockchain. The bank is already working on a project in collaboration with ... Read More
26/10/20 21:00 by Steve Muchoki
Binance CEO CZ Acclaims Alibaba Founder Jack Ma For Putting Chinese Crypto Regulations On the Spotlight
Binance CEO Changpeng Zhao hailed Alibaba Holdings co-founder, Jack Ma, for openly commenting on crypto regulations in China. Ma was speaking at the 2nd Bund Finance Summit organized by the China Fin... Read More
24/10/20 17:34 by Brenda Ngari
Russia To Conduct A Pilot Of Its Digital Ruble By End Of 2021: Senior Bank Of Russia Official
Countries around the world have shown great interest in developing central bank digital currencies (CBDCs), with a good number of central banks already in the process of creating digital versions of ... Read More
24/10/20 03:20 by Brenda Ngari
PayPal Will Launch Its Own Cryptocurrency Within 6-12 Months, Predicts Asset Manager
PayPal could launch its own digital currency soon after announcing yesterday that it will start allowing customers to purchase, sell, and hold crypto on its website and app (Venmo). That’s the asse... Read More
21/10/20 20:23 by Guest Author
Your Wallet in 2030 Will Be Full of Free Money
Ten years ago, humanity wrestled with a generational crisis named COVID-19. In the wake of the pandemic and its cataclysmic fallout, seismic changes occurred and a wellspring of ideas burst forth.
The... Read More
20/10/20 01:59 by Nick Chong
Top DeFi Coins Crater 5-10% Despite $400 Bitcoin Price Jump
Bitcoin has soared higher over the past few days. After bottoming at $11,200 late last week after the OKEx news, the cryptocurrency has mounted a comeback.
As of this article’s writing, the coin... Read More