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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Bitcoin 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...
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Crypto 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 ...
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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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Other 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...
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Bitcoin 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...
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Altcoins 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 ...
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Altcoins 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...
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Bitcoin 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...
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Crypto 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 ...
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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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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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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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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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Crypto 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...
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Other 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 ...
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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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Other 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...
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Crypto 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...
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Other 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...
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Other 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...
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Altcoins 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 ...
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Crypto 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...
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Other 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 ...
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Crypto 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...
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Crypto 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...
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Bitcoin 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...
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