The Bank of England (BoE) and UK Treasury are set to back the development of the British central bank digital currency (CBDC), popularly known as “Britcoin” or “digital pound.” The…
Continue ReadingA leading Indian retail chain, Reliance Retail, has begun accepting the national CBDC, the digital rupee (e₹). In India, the central bank is testing digital currency across wholesale and retail…
Continue ReadingThe company developing China’s blockchain network wants to create a system for international settlements with stablecoins and state-issued digital currencies. The plan is to establish a platform facilitating the use…
Continue ReadingBank of America says “digital currencies appear inevitable,” adding that central bank digital currencies (CBDCs) and stablecoins are “a natural evolution of today’s monetary and payment systems.” The bank expects…
Continue ReadingThis marks the second “Big 4” bank in Australia to launch an Australian-dollar pegged stablecoin in a bid to boost the digital economy. National Australia Bank (NAB) is set to…
Continue ReadingThe Central Bank of Russia has detailed two methods for implementing the digital ruble and other state-backed coins in international settlements. The monetary authority also plans to start testing consumer-to-business…
Continue ReadingTrials of the digital yuan have produced disappointing results, according to a report quoting the former head of research at the Chinese central bank. The new form of national fiat…
Continue ReadingThe Central Bank of the Republic of Turkey indicated that it would release the digital lira by 2023. The CBDC would be connected to several government and centralized operations. The…
Continue ReadingThe governor of India’s central bank, the Reserve Bank of India (RBI), has warned that the next financial crisis will come from cryptocurrencies, like bitcoin and ether. The central bank…
Continue ReadingReserve Bank of India Governor Shaktikanta Das warned that if crypto becomes regulated and is allowed to grow, it could cause the next financial meltdown. The governor of the Reserve…
Continue ReadingIn light of the worrying events that have transpired in the crypto market over the past few weeks, the government of Australia has moved to ramp up safety and regulation…
Continue ReadingNations around the globe are scrambling to explore how blockchain technology can be employed to help their economies. The growing adoption of cryptocurrencies has prompted several central banks to look…
Continue ReadingThailand’s financial authorities are about to crack down on cryptocurrency. The action comes after a turbulent year in which Asians experienced significant setbacks. The Thai Securities and Exchange Commission is…
Continue ReadingThe Nigerian government has imposed new restrictions on ATM withdrawals in an effort to increase usage of the eNaira. The Nigerian government has placed new restrictions and limits on the…
Continue ReadingThe Bank for International Settlements (BIS) has conducted a survey of nineteen central banks from Africa. In doing so, it took a closer look at the development of central bank…
Continue ReadingWelcome to San Francisco in 2033, where universal basic income and FedGov surveillance pervade and Bitcoin is outlawed. This is a science-fiction piece by Jameson Lopp, professional Cypherpunk and cofounder…
Continue ReadingBitcoin acts as better money for everyone — especially the unbanked — because it responds only to free market forces. This is an opinion editorial by Kelly Slaughter, an associate…
Continue ReadingFinancial authorities in Hong Kong have unveiled a prototype of the Chinese autonomous territory’s own central bank digital currency called Project Aurum. The two-tier platform features a wholesale interbank and…
Continue ReadingBitcoin is freedom money that exists for the people, by the people and of the people. This is an opinion editorial by Mark Maraia, an entrepreneur, author of “Rainmaking Made…
Continue Reading“For CBDCs, our solution will enable central banks to connect their own networks simply and directly to all the other payments systems in the world through a single gateway,” said…
Continue ReadingThere are a variety of reasons consumers should be wary of developments surrounding central bank digital currencies. Natalie Smolenski is a senior advisor at the Bitcoin Policy Institute and executive…
Continue ReadingThe Bitcoin Policy Institute’s report on CBDCs makes a strong case for why the US should reject a centrally issued version of the dollar. Bitcoinist covered that already. This time,…
Continue ReadingThe monetary authorities of four jurisdictions in Asia have carried out tests with international settlements using state-issued digital currencies. Cross-border payments and foreign exchange transactions totaling over $22 million were…
Continue ReadingThe Bank for International Settlements (BIS) and the central banks of Sweden, Norway, and Israel have joined forces to investigate the potential applications of central bank digital currencies (CBDC) for…
Continue ReadingThe politicians in power are actively working to dismantle the separation of powers in order to behave with impunity toward the American people. This is a transcribed excerpt of the…
Continue ReadingThe Bank for International Settlements (BIS) has announced the successful completion of the “first CBDC pilot,” as part of the second phase of Project Inthanon-LionRock. Project details The project, which…
Continue ReadingThe Central Bank Digital Currencies (CBDCs) should be rejected, and in their place, the United States should look to Bitcoin (BTC) and stablecoins, according to the U.S. think tank Bitcoin…
Continue ReadingThe latest report by The Bitcoin Policy Institute goes for the lowest hanging fruit. It tries to convince US politicians that “CBDCs will erode the distinction between America and authoritarianism,”…
Continue ReadingThe paper’s authors say Central Bank Digital Currencies are problematic for the future of individual and economic freedom but crypto is a viable alternative. U.S. think tank Bitcoin Policy Institute…
Continue ReadingAustralians are already testing a CBDC. Surprising no one, considering the authoritarian way that the government handled the lockdowns. The jury is still out on Central Bank Digital Currencies, while…
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