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Category: Central Bank Digital Currency (CBDC)

Digital Ruble Could Diminish Role of Traditional Banks, Says Russian Official

Posted on September 6, 2023 by Neil Frank

Key Insights: Anatoly Aksakov, chair of Russia’s parliamentary financial committee, has declared that the role of traditional banks is expected to diminish as central bank digital currencies (CBDCs) and blockchain Continue Reading →

Posted in Banking, Blockchain, Central Bank Digital Currency (CBDC), News, Techology

Digital Euro: ECB’s Answer to Private Payment Monopolies

Posted on September 5, 2023 by Neil Frank

Key Insights: The European Central Bank (ECB) has given a nod of approval to the European Commission’s (EC) recent legislative suggestions concerning the digital euro. These proposals could place Europe Continue Reading →

Posted in Banking, Central Bank Digital Currency (CBDC), News, PayPal, Stablecoins

Canadians See Little Allure in CBDC, Bank of Canada Reports

Posted on August 11, 2023 by Neil Frank

Key Insights: Canada, in its distinctive stride within the digital finance realm, offers a perspective few might expect. According to a fresh report from the Bank of Canada, the majority Continue Reading →

Posted in Banking, Central Bank Digital Currency (CBDC), News

UK Central Bank Says Digital Pound And Private Stablecoins Can Co-Exist

Posted on February 27, 2023 by Bradley Collins

The UK is getting closure to its objective of introducing a central bank digital currency (CBDC). Recently, it released a consultation paper elaborating on the digital pound that is going Continue Reading →

Posted in Central Bank Digital Currency (CBDC), CryptoCurrency, News, Stablecoins

Hong Kong Plans To Issue A Central Bank Digital Currency In the Form Of A Stablecoin

Posted on January 23, 2023 by Bradley Collins

Authorities in Hong Kong are moving toward exclusive structures for a central bank digital currency (CBDC). At present, they want to launch a CBDC that would be a government-backed stablecoin. Continue Reading →

Posted in Blockchain, Central Bank Digital Currency (CBDC), CryptoCurrency, DeFi (Decentralized Finance), News, Regulation, Stablecoins, Web-3

New York Fed To Explore CBDCs In Collaboration With Singapore’s MAS

Posted on December 5, 2022 by Bradley Collins

The New York-based Federal Reserve Bank’s New York Innovation Center (NYIC) as well as the Monetary Authority of Singapore (MAS) are collaborating to introduce a mutual experiment over the wholesale Continue Reading →

Posted in Central Bank Digital Currency (CBDC), CryptoCurrency, News, Regulation

SWIFT Prepares Plan For CBDC Network

Posted on October 8, 2022 by Morgan Cook

SWIFT, the global financial messaging system, had prepared a plan for a global CBDC network. The announcement comes after the company spent 8 months experimenting with different currencies and technologies. Continue Reading →

Posted in Central Bank Digital Currency (CBDC), CryptoCurrency, News, Regulation

Yen Falls as FX Market adjusts to Central Bank’s Decision

Posted on June 16, 2022 by Morgan Cook

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 →

Posted in Central Bank Digital Currency (CBDC), Forex, News

Digital Euro’s Purpose Remains Unclear: Jonas Gross

Posted on May 13, 2022 by Andy Moore

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 →

Posted in Bitcoin (BTC), Central Bank Digital Currency (CBDC), CryptoCurrency, News, Trading

Bitcoin Whales Keep Dipping as Its Value Lessens

Posted on May 10, 2022 by Andy Moore

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 →

Posted in Bitcoin (BTC), Central Bank Digital Currency (CBDC), CryptoCurrency, Finance, News, Regulation, Trading

Over 11k Organizations And Individuals Leave Comments On Digital Euro Project

Posted on May 2, 2022 by Bradley Collins

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 →

Posted in Central Bank Digital Currency (CBDC), CryptoCurrency, News

‘Digital Payment Options Are Already Available:’ The EU Commission Has Received 11,000 Public Comments On The CBDC Project

Posted on April 20, 2022 by Andy Moore

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 →

Posted in Central Bank Digital Currency (CBDC), CryptoCurrency, Finance, Money, News, Regulation

Former BOJ Executive Yamaoka Predicts a Surge in the Issuance of CBDC Amidst Sanctions Against Russia

Posted on March 17, 2022 by Andy Moore

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 →

Posted in Central Bank Digital Currency (CBDC), CryptoCurrency, News, Regulation

Minimum Wage Pegged on Venezuela’s National Cryptocurrency Petro

Posted on March 6, 2022 by Andy Moore

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 →

Posted in Altcoins, Central Bank Digital Currency (CBDC), CryptoCurrency, Money, News, Trading

Secret (SCRT) Joins Top 100 Cryptocurrencies by Market Cap

Posted on January 2, 2022 by Bunny King

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 →

Posted in Altcoins, Central Bank Digital Currency (CBDC), CryptoCurrency, DeFi (Decentralized Finance), News, Price Analysis, Regulation

French Central Bank Pilots Blockchain-Based CBDC for Debt Market

Posted on October 18, 2021 by Morgan Cook

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 →

Posted in Blockchain, Central Bank Digital Currency (CBDC), CryptoCurrency, News

Nepal Central Bank Warns Crypto Trading and Mining is Illegal

Posted on September 12, 2021 by Morgan Cook

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 →

Posted in Central Bank Digital Currency (CBDC), CryptoCurrency, News

British Locals are Not Fully into Digital Pound

Posted on August 31, 2021 by Morgan Cook

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 →

Posted in Central Bank Digital Currency (CBDC), CryptoCurrency, News

Bitcoin and CBDC Both Have a Go from Argentinian President But Central Bank Disagrees

Posted on August 16, 2021 by Bunny King

As per the latest reports, Alberto Fernandez, the president of Argentina has shown great interest in digital assets. The president has stated that he is ready to welcome the digital Continue Reading →

Posted in Bitcoin (BTC), Central Bank Digital Currency (CBDC), CryptoCurrency

According to Bank of America CBDCs ‘More Effective’ Than Cash in Research Note

Posted on July 31, 2021 by Morgan Cook

The Bank of America, the second-largest U. S bank in its research said that the rising popularity of CBDCs makes them a better option than cash money. Bank of American Continue Reading →

Posted in Central Bank Digital Currency (CBDC), CryptoCurrency, News

A Trio Of Republican Senators Push For A Ban On Digital Yuan At Beijing Games

Posted on July 24, 2021 by Bradley Collins

It goes without saying that the United States and China don’t exactly get along most of the time, if at all. Whether the conflict is cultural, ideological, physical, economic, or Continue Reading →

Posted in Central Bank Digital Currency (CBDC), China, CryptoCurrency, News, Regulation

Central Bank of China Fast Tracks Warnings to Companies Assisting Crypto Trading in Country

Posted on July 9, 2021 by Morgan Cook

China vowed to exercise every possible option to crack down on the illegal use of cryptocurrency within the country. The Chinese law enforcement authorities said it is necessary to move Continue Reading →

Posted in Central Bank Digital Currency (CBDC), China, CryptoCurrency, News

CBDC: Central Banks Head Towards Digital Currencies

Posted on June 11, 2021 by Sante Cocci

The United States plans for a national conversation on CBDC (Central Bank Digital Currency). That comes after multiple nations have experimented or launched early CBDCs versions. Why is this move Continue Reading →

Posted in Central Bank Digital Currency (CBDC), CryptoCurrency, Finance, News

Decentralized Finance

Name Price24H (%)
chainlink
Chainlink (LINK)
$7.72
-4.71%
uniswap
Uniswap (UNI)
$4.55
-0.33%
kava
Kava (KAVA)
$0.65
1.15%
compound-governance-token
Compound (COMP)
$46.97
-1.19%
yearn-finance
yearn.finance (YFI)
$5,424.99
0.03%

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Cryptocurrency

Name Price24H (%)
bitcoin
Bitcoin (BTC)
$28,305.00
4.04%
ethereum
Ethereum (ETH)
$1,710.76
1.30%
tether
Tether (USDT)
$1.00
0.02%
ripple
XRP (XRP)
$0.52
0.16%
cardano
Cardano (ADA)
$0.266320
1.56%
polkadot
Polkadot (DOT)
$4.20
-0.31%
litecoin
Litecoin (LTC)
$67.23
0.06%
bitcoin-cash
Bitcoin Cash (BCH)
$245.86
3.67%
chainlink
Chainlink (LINK)
$7.72
-4.71%
stellar
Stellar (XLM)
$0.113391
0.20%
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    October 2, 2023
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  • SEC Exposes Alleged Deception Between Terra’s Do Kwon and Chai’s Daniel Shin

    SEC Exposes Alleged Deception Between Terra’s Do Kwon and Chai’s Daniel Shin

    October 1, 2023
    Key Insights: The U.S. Securities and Exchange Commission (SEC) has recently brought to light a series of chat exchanges between Do Kwon, the founder of the now-defunct Terra blockchain, and Continue Reading →
  • Gemini Bows Out of The Netherlands Amid Stringent Regulatory Environment

    Gemini Bows Out of The Netherlands Amid Stringent Regulatory Environment

    September 29, 2023
    Key Insights: The Netherlands, spearheading the enforcement of the 5th Anti-Money Laundering Directive (5AMLD) among European Union member states, continues to witness a reshaping of its cryptocurrency market. The latest Continue Reading →
  • ICC Joins Forces with NEAR Foundation to Revolutionize Fan Engagement

    ICC Joins Forces with NEAR Foundation to Revolutionize Fan Engagement

    September 28, 2023
    Key Insights: The International Cricket Council (ICC) and the NEAR Foundation have embarked on a strategic partnership, marking a significant stride in sports and technology. This alliance aims to develop Continue Reading →
  • Circle and Stellar Unveil EURC to Boost European Remittance

    Circle and Stellar Unveil EURC to Boost European Remittance

    September 27, 2023
    Key Insights In a noteworthy development, Circle Internet Financial LLC, a prominent stablecoin issuer, has partnered with the Stellar Development Foundation (SDF) to launch the EURC on the Stellar network. Continue Reading →
  • HTX Exchange Grapples with $8M Security Breach as Justin Sun Responds

    HTX Exchange Grapples with $8M Security Breach as Justin Sun Responds

    September 26, 2023
    Key Insights: In a recent disclosure that has ruffled the crypto community, Justin Sun, the notable advisor to HTX (previously Huobi), reported a significant security breach. The culprits extracted 5,000 Continue Reading →
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    September 25, 2023
    Key Insights: Amazon has unveiled its latest strategic move, announcing a substantial $4 billion investment in the AI startup Anthropic. This partnership promises to be mutually beneficial. Amazon’s backing will Continue Reading →
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    September 25, 2023
    Vertexfy Review Everyone is aware of the perks online trading has to offer over the conventional style of trading. The convenience and ease you can enjoy when trading online cannot Continue Reading →
  • NYDFS Skips XRP and DOGE on Greenlist, Investor’s Eye Implications

    NYDFS Skips XRP and DOGE on Greenlist, Investor’s Eye Implications

    September 25, 2023
    Key Insights: The New York State Department of Financial Services (NYDFS) has left out XRP and Dogecoin from its “Greenlist” of approved digital assets. This decision has sparked widespread conversations Continue Reading →
  • Coinbase’s Strategic Interest in FTX Europe Amidst Derivative Market Evolution

    Coinbase’s Strategic Interest in FTX Europe Amidst Derivative Market Evolution

    September 24, 2023
    Key Insights: The crypto industry is undergoing a significant transformation. Recent data from Kaiko Research indicates that the derivatives volume has surpassed spot trading, marking a six-fold increase in Q2 Continue Reading →

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  • bitcoinBitcoin(BTC)$28,305.004.04%
  • ethereumEthereum(ETH)$1,710.761.30%
  • tetherTether(USDT)$1.000.02%
  • rippleXRP(XRP)$0.520.16%
  • cardanoCardano(ADA)$0.2663201.56%
  • polkadotPolkadot(DOT)$4.20-0.31%
  • litecoinLitecoin(LTC)$67.230.06%

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