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27/05/20 09:26 by Brenda Ngari
Ripple CEO Calls On US Regulators To Embrace Digital Currencies As Nation Falls Behind China On Crypto Innovation
Ripple CEO Brad Garlinghouse has once again called on the United States regulators to step up and “lean into digital currencies” as the nation is falling behind China in terms of crypto innovatio... Read More
26/05/20 18:19 by Tolu
‘There Is No Timetable For Launch of Digital Yuan’, Says Governor of China’s Central Bank
The governor of the People’s Bank of China (PBOC) Yi Gang, has put a damper in the general idea that China will launch its national digital currency soon. According to Gang, there is currently no p... Read More
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
15/05/20 08:59 by Brenda Ngari
Visa Files Patent For Blockchain-Based ‘Digital Fiat Currency’
Recent times have seen traditional financial companies hedging their bets or even fully leveraging blockchain technology. The application and acquisition of patents is how gargantuan companies truly ... Read More
05/05/20 08:27 by Samuel Wan
Russia Tops Peer-to-Peer Bitcoin Volume Despite Strict Restrictions, Surprising Data Finds
Russia stands out as the global leader in Bitcoin volume, according to CryptoDiffer. The research firm compiled data from LocalBitcoins, a widely-utilized peer-to-peer cryptocurrency exchange.
BITCOI... Read More
28/04/20 20:16 by Brenda Ngari
British Payments Firm Checkout.com Joins Facebook’s Libra Currency Association
Digital payments processor Checkout.com has become the latest high-profile company to join the Libra Association.
Announced on Tuesday, the London-headquartered firm is now part of the digital cur... Read More
25/04/20 06:08 by Nick Chong
Crypto Tidbits: Bitcoin Surges to $7,800, More U.S. Stimulus, Tether Erupts
Another week, another round of Crypto Tidbits. Bitcoin has performed extremely well over the past week, managing to rally as high as $7,800, which is a pre-crash level, just the other day in a move t... Read More
23/04/20 16:55 by Brenda Ngari
Starbucks, Subway And McDonald’s Set To Test China’s Central Bank Digital Currency
Starbucks, Subway, and McDonald’s are among the 19 retail businesses that will be trialing China’s digital yuan in one of the country’s pilot program cities. Per reports, China has already star... 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
28/03/20 04:00 by Nick Chong
Crypto Tidbits: Bitcoin Holds $6,000s, Federal Reserve To Do “QE Infinity,” U.S. Digital Dollar Proposed
Another week, another round of Crypto Tidbits. Over the past week, Bitcoin has flatlined, trading between $6,500 and $6,800 for a number of days. Almost all altcoins followed suit, also posting close... Read More
19/03/20 18:33 by Brenda Ngari
Why Hawaii’s Crypto Future Looks Very Promising
The future of cryptocurrencies in the 50th US state Hawaii looks bright after a recent revelation. According to a press release posted on Tuesday, Hawaii has introduced a new digital currency sandbox... Read More
31/12/19 20:51 by Mr Oak
5 Best Performing Cryptocurrencies Of 2019
2019, didn’t quite go as well as many crypto experts thought it would. Enduring one of the shameful crypto performance and volatility in the previous year, 2019 was expected to see a major turnarou... Read More
15/12/19 07:50 by Kevin Helms
Indian Lawmaker Says ‘Cryptocurrency Is Inevitable’
Indian Parliament member Dr. Subramanian Swamy has shared his view on cryptocurrency. Advocating for India to make the transition to crypto, he reportedly said, “cryptocurrency is inevitable.&rd... 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
13/12/19 09:00 by Martin Young
Has South Korea Joined the Central Bank Crypto Race?
The South Korean central bank is the latest in the list of national banks to reveal its intentions towards central bank crypto (CBDC).
South Korea Joins Crypto Research Race
According to paper earl... Read More
12/12/19 20:24 by Anatol Antonovici
ECB to Set Objectives for Own Digital Currency, Lagarde Suggests
The European Central Bank (ECB) should determine objectives for its digital currency taskforce by mid-2020, ECB President Christine Lagarde said during her first policy meeting.
What’s the Purpose ... Read More
12/12/19 05:30 by Lubomir Tassev
China’s Inflation Hits a Record 4.5% as Beijing Prepares to Test Digital Yuan
China has been confronted with multiple economic and financial problems this year amidst an ongoing trade war with the United States. Authorities in Beijing have been trying to overcome the challenges... Read More
10/12/19 15:53 by Anatol Antonovici
Nobel Winner-Backed Saga Launches Libra-Like Global Coin
London-based blockchain firm Saga announced the launch of its Saga token (SGA). The digital unit represents a global currency that complies with regulators’ requirements.
Saga Advised by Nobel Priz... Read More
10/12/19 08:51 by Brenda Ngari
Usurping Bitcoin: China Partners With Telecom Giants Like Huawei To Test-Launch Digital Currency In Two Major Cities
China has been actively developing a national digital currency since 2014. In August this year, the People’s Bank of China (PBoC) announced that it was developing a digital Yuan. Now, it seems the ... Read More
10/12/19 00:00 by Rick D.
Bakkt Scorned as Cash-Settled Bitcoin Futures Launch in Singapore
It appears that the digital currency community has very much fallen out of love with the Bakkt platform. Prior to its launch, the ICE-backed Bitcoin futures platform was heralded as one of the most po... Read More
09/12/19 18:00 by JP Buntinx
PBoC Officials Confirm its Digital Currency has Major Telecom Support
There are still many questions associated with China’s digital currency plans. The PBoC has now confirmed how the currency will be tested in a few cities, and will gain the support of telecom g... Read More
09/12/19 14:35 by Kevin Helms
Regulatory Roundup: Bitcoin Futures Fund Approved, India’s RBI-Backed Digital Currency
In this regulatory roundup, we cover the U.S. SEC approving a bitcoin futures fund, the new IRS tax form targeting crypto owners, and several more steps taken by the U.S. government toward crypto regu... Read More
09/12/19 10:30 by Martin Young
India Ends Disappointing Year in Crypto, Will 2020 Be Better?
Regardless of crypto market price action, some countries have had a better 2019 than others. India has been on the back foot for most of it as the central bank and regulators procrastinated with the n... 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
05/12/19 18:09 by Mark
British Virgin Islands Government Turning to Blockchain?
Blockchain technology was first introduced through Bitcoin as a means to aid and empower global citizens. However, governments worldwide are increasingly looking into the nascent tech as a means of b... Read More
05/12/19 14:30 by Kevin Helms
RBI Governor Discusses Crypto and Central Bank Digital Currency
The governor of the Reserve Bank of India (RBI), Shaktikanta Das, spoke about cryptocurrency during a press conference on Thursday. He also talked about the prospect of an RBI-issued digital currency,... Read More
04/12/19 22:19 by Nick Chong
France Announces Digital Currency Venture: Crypto Bulls Roar
According to a report from the AFP News Agency, France’s central bank will be launching a digital asset (decisively different than a crypto asset) in the coming year.
France to Launch Digital Cu... Read More
03/12/19 15:54 by Anatol Antonovici
Just In: British Virgin Islands Launch Own Digital Currency
The government of the British Virgin Islands (BVI) is about to announce the details of its own digital currency. The project is developed in partnership with blockchain-oriented startup LIFElabs.io.
... Read More
03/12/19 12:00 by Christine Vasileva
European Central Bank President Envisions Direct Digital Currency Use
The European Central Bank is exploring the potential for a digital currency, which would allow direct injections of liquidity to consumers, said Christine Lagarde, the bank’s new president.
Digital... Read More