Yen Falls as FX Market adjusts to Central Bank’s Decision
On Friday, the Japanese yen slid against the US dollar, after the Bank of Japan chose to stay dovish and not follow the stance of other global central banks in Continue Reading →
Category: Central Bank Digital Currency (CBDC)
Digital Euro’s Purpose Remains Unclear: Jonas Gross
In an interview with Cointelegraph, Jonas Gross discussed the dangers to private banks of the digital euro and the ECB’s objectives. Next year is the target date for the ECB’s Continue Reading →
Bitcoin Whales Keep Dipping as Its Value Lessens
The amount of BTC whales continues dipping as the number of transactions reaches its highest value in three months. The BTC whales reportedly keep dumping digital assets as the economic Continue Reading →
Over 11k Organizations And Individuals Leave Comments On Digital Euro Project
Within a couple of weeks after the opening of the Digital euro initiative of the European Commission for public consultation, up to 11,000 institutions and individuals delivered their responses on Continue Reading →
‘Digital Payment Options Are Already Available:’ The EU Commission Has Received 11,000 Public Comments On The CBDC Project
More than 11,000 people and firms provided feedback on the European Commission’s “Digital Euro for the European Union” endeavor in less than two weeks since they opened it for public Continue Reading →
Former BOJ Executive Yamaoka Predicts a Surge in the Issuance of CBDC Amidst Sanctions Against Russia
The Russia-Ukraine war has gradually intensified, with the Russian troops progressing rapidly to capture Ukraine’s capital, Kyiv. Following Ukraine’s invasion, the US, NATO, and the EU Commission have slammed severe Continue Reading →
Minimum Wage Pegged on Venezuela’s National Cryptocurrency Petro
Following Venezuela’s increment of the monthly minimum wage, president Nicholas Maduro announced that 50% of the wages would be pegged to the country’s cryptocurrency, Petro. In other words, the new Continue Reading →
Secret (SCRT) Joins Top 100 Cryptocurrencies by Market Cap
Secrete (SCRT) started the year on a lucrative move. The need for privacy and increased regulatory chatter likely contributed to the coin’s surges. About Secrete (SCRT) Secret ensures top-notch confidentiality Continue Reading →
French Central Bank Pilots Blockchain-Based CBDC for Debt Market
France has also joined the list of the countries which are planning to launch their own central bank-backed digital currencies. The French central bank over the months has assessed the Continue Reading →
Nepal Central Bank Warns Crypto Trading and Mining is Illegal
The central bank of Nepal reminded citizens that trading and mining cryptocurrencies is illegal in the country. The regulator also warned the people of the Himalayan nation that participating in Continue Reading →
British Locals are Not Fully into Digital Pound
As the crypto-blockchain technology has continued growing larger with size, the governments are convinced that the central bank digital currencies would be a success. This is when the central bank Continue Reading →
