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ECB President Christine Lagarde Pushes The Use of Digital Euro to Complement Cash

Christine Lagarde, the current president of the European Central Bank (ECB), has once again spoken in favor of the Digital Euro. In her recent interview with the L’ENA hors les murs magazine, Lagarde speaks about the future of money and why digitization is the way ahead. As we enter the digital age, the nature of

Christine Lagarde, the current president of the European Central Bank (ECB), has once again spoken in favor of the Digital Euro. In her recent interview with the L’ENA hors les murs magazine, Lagarde speaks about the future of money and why digitization is the way ahead. As we enter the digital age, the nature of

News
News

Breaking: German Finance Minister Wants ECB to Finalize Digital Euro Plans Faster

Olaf Scholz, the German Finance minister on Friday said that the European Central Bank must work very hard towards finalizing their plans for a digital Euro and a digital payment network. Scholz’s comment came during an online conference on future payments. The finance minister noted that the growing demand for a national digital payment system

Olaf Scholz, the German Finance minister on Friday said that the European Central Bank must work very hard towards finalizing their plans for a digital Euro and a digital payment network. Scholz’s comment came during an online conference on future payments. The finance minister noted that the growing demand for a national digital payment system

ECB President Christine Lagarde
Regulation News
ECB President Christine Lagarde
Regulation News

ECB President Invites Public Views on Potential Digital Euro

The President of the European Central Bank [ECB] Christine Lagarde requested public views and opinions on a potential central bank digital currency [CBDC] for the eurozone. Describing 2020 as a “difficult year”, Lagarde stated that despite the extraordinary events of the coronavirus crisis, Europe was moving towards a new model for dealing with crises. Her

The President of the European Central Bank [ECB] Christine Lagarde requested public views and opinions on a potential central bank digital currency [CBDC] for the eurozone. Describing 2020 as a “difficult year”, Lagarde stated that despite the extraordinary events of the coronavirus crisis, Europe was moving towards a new model for dealing with crises. Her

Defi
DeFi News
Defi
DeFi News

DeFi Becomes The Most Bullish Crypto Industry Development; Eclipses BTC Halving, CBDC Development – Survey

2020 has been quite eventful. The cryptocurrency battlefield is getting increasingly crowded and has been witnessing an increasing amount of attention like never before. Despite the economic shockwaves due to the ongoing COVID-19 pandemic, the cryptocurrency industry has emerged as an outperformer. While Bitcoin’s impressive rise throughout the year has been one of the most

2020 has been quite eventful. The cryptocurrency battlefield is getting increasingly crowded and has been witnessing an increasing amount of attention like never before. Despite the economic shockwaves due to the ongoing COVID-19 pandemic, the cryptocurrency industry has emerged as an outperformer. While Bitcoin’s impressive rise throughout the year has been one of the most

Ripple-founder-CEO-LA-Blockchain-Summit-2020
Altcoin News
Ripple-founder-CEO-LA-Blockchain-Summit-2020
Altcoin News

Ripple Co-founder Hints Shifting Base Out of the U.S, Blames Regulators

Former Ripple CEO and co-founder Chris Larsen recently spoke out his mind on crypto regulations in the U.S. and the lack of clarity. Speaking to the Fortune reporter Jeff John Roberts, Larsen said that excessive regulations have been hurting innovation. Thus, they are planning to move the Ripple headquarters from San Franciso to other crypto-friendly

Former Ripple CEO and co-founder Chris Larsen recently spoke out his mind on crypto regulations in the U.S. and the lack of clarity. Speaking to the Fortune reporter Jeff John Roberts, Larsen said that excessive regulations have been hurting innovation. Thus, they are planning to move the Ripple headquarters from San Franciso to other crypto-friendly

India-crypto-ban-RBI-CBDC
Regulation News
India-crypto-ban-RBI-CBDC
Regulation News

India Is Considering A Law to Ban Cryptocurrency Trading Again

India, Asia’s third-largest economy is set to introduce another hard-hitting measure on cryptocurrency trading. As part of its next regulatory move, Indian lawmakers are planning to introduce a bill banning crypto trading during its ongoing parliamentary session. Sources familiar with the matter told Bloomberg that the federal government is not keen to have cryptocurrencies functional

India, Asia’s third-largest economy is set to introduce another hard-hitting measure on cryptocurrency trading. As part of its next regulatory move, Indian lawmakers are planning to introduce a bill banning crypto trading during its ongoing parliamentary session. Sources familiar with the matter told Bloomberg that the federal government is not keen to have cryptocurrencies functional

Regulation News
Regulation News

BoE Governor Seeks G20 Mandate To Set Global Standards For Stablecoins and CBDCs

The Coronavirus pandemic and the global economic uncertainty has really got central banks thinking about digital currencies! In his recent speech at the Brookings Institution, Bank of England governor Andrew Bailey has asked the G20 economies to work together and establish common global standards for stablecoins and CBDCs. Stablecoins are seeing the best growth in

The Coronavirus pandemic and the global economic uncertainty has really got central banks thinking about digital currencies! In his recent speech at the Brookings Institution, Bank of England governor Andrew Bailey has asked the G20 economies to work together and establish common global standards for stablecoins and CBDCs. Stablecoins are seeing the best growth in

China Blockchain Fund
Bitcoin News
China Blockchain Fund
Bitcoin News

Chinese Govt. to Promote Digital Currency [DCEP] at Winter Olympics

While the west is busy with yield farming and worries over devaluation of US Dollar, the Chinese Govt. is strongly propagating their digital Renminbi. An announcement in the People’s Daily notes the plans  for expansion of the pilot program across China.  As reported ealier, the pilot program has begun in various regions in participation with

While the west is busy with yield farming and worries over devaluation of US Dollar, the Chinese Govt. is strongly propagating their digital Renminbi. An announcement in the People’s Daily notes the plans  for expansion of the pilot program across China.  As reported ealier, the pilot program has begun in various regions in participation with

Regulation News
Regulation News

Deregulating Crypto Could Surge Speculative Trading, Says Japanese Regulator

Several believe that regulations could hinder innovations and growth, a top Japanese regulator suggests otherwise. While stressing on the importance of regulations, he elaborates on the development of the Japanese CBDC.  Central Bank Digital Currencies [CBDC] is the latest concept of interest in several countries. China has undoubtedly taken a lead in this as the

Several believe that regulations could hinder innovations and growth, a top Japanese regulator suggests otherwise. While stressing on the importance of regulations, he elaborates on the development of the Japanese CBDC.  Central Bank Digital Currencies [CBDC] is the latest concept of interest in several countries. China has undoubtedly taken a lead in this as the

News
News

US Behind In The CBDC Game? Former CTFC Chairman Discusses Importance Of Digital Dollar

China is well ahead in the development of the CBDC, while other countries are catching up, the United States is still the nascent stages of developing the digital dollar. However, the former Chairman of the CTFC recently urged the government to probe the matter.  “Future-Proof The Dollar For A Digital Tomorrow” Cryptocurrencies are mostly decentralized

China is well ahead in the development of the CBDC, while other countries are catching up, the United States is still the nascent stages of developing the digital dollar. However, the former Chairman of the CTFC recently urged the government to probe the matter.  “Future-Proof The Dollar For A Digital Tomorrow” Cryptocurrencies are mostly decentralized

WeChat Closes its Crypto Payment Method, Set to Terminate Merchant Account Dealing With Crypto
Stablecoin News
WeChat Closes its Crypto Payment Method, Set to Terminate Merchant Account Dealing With Crypto
Stablecoin News

Stablecoins Vs. CBDC: Will it Effect Crypto Markets a Year from Now?

USD backed Stablecoins have overtaken the transaction volume of Bitcoin and Ethereum. Moreover, analysts are also witnessing a wind of change towards Central Bank Digital Currencies (CBDC). As FIAT money begins to compete with crypto directly, there is massive uncertainty on its effect on Bitcoin.  The stablecoins are leaving begin crypto in trading volumes and

USD backed Stablecoins have overtaken the transaction volume of Bitcoin and Ethereum. Moreover, analysts are also witnessing a wind of change towards Central Bank Digital Currencies (CBDC). As FIAT money begins to compete with crypto directly, there is massive uncertainty on its effect on Bitcoin.  The stablecoins are leaving begin crypto in trading volumes and

crypto tether china
News
crypto tether china
News

China’s CBDC All Set To Be Tested By Tencent-Backed Food Delivery Giant

China has time and again revealed the progress of its Central Bank Digital Currency [CBDC], the digital yuan. Latest reports suggest that the CBDC is all set to test its real-world use cases. Food delivery giant Meituan Dianping is the latest platform to test the digital yuan.  Food Delivery Giant Meituan Dianping Partners With PBoC The world

China has time and again revealed the progress of its Central Bank Digital Currency [CBDC], the digital yuan. Latest reports suggest that the CBDC is all set to test its real-world use cases. Food delivery giant Meituan Dianping is the latest platform to test the digital yuan.  Food Delivery Giant Meituan Dianping Partners With PBoC The world

us bank charter stablecoin disruptor
Stablecoin News
us bank charter stablecoin disruptor
Stablecoin News

Why Stablecoins Are Not True Cryptocurrencies: Analyst

The realm of cryptocurrency is expanding with DeFi, but stablecoins (and digital FIAT) are starting to threaten the principles and on-boarding of cryptocurrencies altogether.  Recently, USDC issuer CENTRE called on a blacklist function to restrict the account of activities of the associated Ethereum address. This goes against the principles of censorship resistance and cryptocurrencies altogether.

The realm of cryptocurrency is expanding with DeFi, but stablecoins (and digital FIAT) are starting to threaten the principles and on-boarding of cryptocurrencies altogether.  Recently, USDC issuer CENTRE called on a blacklist function to restrict the account of activities of the associated Ethereum address. This goes against the principles of censorship resistance and cryptocurrencies altogether.

Altcoin News
Altcoin News

Lithuania To Issue LBCOIN Tradable With Physical Silver Coins

Faced with low use of hard cash and the threat of private firms issuing stablecoins to compete with legal tender, the Bank of Lithuania (BOL) will this month launch a central-bank backed digital currency (CBDC) collectible called the LBCOIN as per a Reuters report, July 2, 2020.  Details Of LBCOIN To Be Issued by Lithuania 24,000 LBCOINs

Faced with low use of hard cash and the threat of private firms issuing stablecoins to compete with legal tender, the Bank of Lithuania (BOL) will this month launch a central-bank backed digital currency (CBDC) collectible called the LBCOIN as per a Reuters report, July 2, 2020.  Details Of LBCOIN To Be Issued by Lithuania 24,000 LBCOINs

South Korea
Regulation News
South Korea
Regulation News

South Korea’s Digital Won In Works; Bank Of Korea Sets Up A CBDC Advisory Group

South Koran central bank, Bank of Korea sets up a committee of six to probe the legalities pertaining to the launch of a potential CBDC.  South Korean CBDC In The Works? Central Bank Digital Currency popularly known as CBDC has evidently become a new field of interest for many countries. While authorities have been dissing

South Koran central bank, Bank of Korea sets up a committee of six to probe the legalities pertaining to the launch of a potential CBDC.  South Korean CBDC In The Works? Central Bank Digital Currency popularly known as CBDC has evidently become a new field of interest for many countries. While authorities have been dissing

South Korea
Blockchain News
South Korea
Blockchain News

Bank Of Korea Prioritizing Blockchain And CBDCs In Their 10-Year Plan

The central bank of South Korea, Bank of Korea (BOK), has announced its mid-to-long-term development strategy titled, the BOK 2030, to “respond more quickly to digital changes and internal and external financial and economic environments.”  Bank Of Korea Working On Plan 2030 The transformative plan highlights the goals and tasks of the central bank in the

The central bank of South Korea, Bank of Korea (BOK), has announced its mid-to-long-term development strategy titled, the BOK 2030, to “respond more quickly to digital changes and internal and external financial and economic environments.”  Bank Of Korea Working On Plan 2030 The transformative plan highlights the goals and tasks of the central bank in the

Bitcoin gold
Stablecoin News
Bitcoin gold
Stablecoin News

Analysts on How Facebook and the US Congress are Promoting Cryptocurrency

Facebook revamps its model for Libra as it outlines new plans to offer digital versions of single FIAT currencies (or stablecoins). The team expects a launch in 2020 itself. ‘Congresswoman Rashida Tlaib and her counsel introduce an Automatic BOOST to Communities (ABC) Act Bill which proposes ‘digital dollar’ implementation. Libra 2.0 Facebook introduces Libra 2.0, a

Facebook revamps its model for Libra as it outlines new plans to offer digital versions of single FIAT currencies (or stablecoins). The team expects a launch in 2020 itself. ‘Congresswoman Rashida Tlaib and her counsel introduce an Automatic BOOST to Communities (ABC) Act Bill which proposes ‘digital dollar’ implementation. Libra 2.0 Facebook introduces Libra 2.0, a

swedan
Regulation News
swedan
Regulation News

Sweden Leaps Ahead Of Major Countries To Begin Testing CBDC

Countries all over the world are looking into the launch of a Central Bank Digital Currency. Chia has been leading this movement. Or so we thought. While everyone’s eyes were focused on China. Sweden has been forging ahead. Sweden’s Riksbank has now come out to confirm that they are beginning the test of what is

Countries all over the world are looking into the launch of a Central Bank Digital Currency. Chia has been leading this movement. Or so we thought. While everyone’s eyes were focused on China. Sweden has been forging ahead. Sweden’s Riksbank has now come out to confirm that they are beginning the test of what is

brazil
Regulation News
brazil
Regulation News

Brazil Central Bank Launches ‘Immediate Fee System’ To Rival Bitcoin

The emErgence of new digital economic systems has pushed the Brazil Central Bank to launch a new immediate fee system, PIX. This launch comes in response to the growing demand for Bitcoin and other digital currencies. According to the bank president, Roberto Campos Neto, it is set to revolutionize how the country interacts with money.

The emErgence of new digital economic systems has pushed the Brazil Central Bank to launch a new immediate fee system, PIX. This launch comes in response to the growing demand for Bitcoin and other digital currencies. According to the bank president, Roberto Campos Neto, it is set to revolutionize how the country interacts with money.

CBDC
Guides
CBDC
Guides

A Beginners Guide to State-Issued Cryptocurrency and Central Bank Digital Currency (CBDC)

What are Cryptocurrencies? Over the past couple of years, there has been a lot being said about “cryptocurrencies” and “blockchain” being a game-changer. But the majority of the common public today still has little to no knowledge about what these terms mean. According to Wikipedia, “A cryptocurrency is a digital asset designed to work as

What are Cryptocurrencies? Over the past couple of years, there has been a lot being said about “cryptocurrencies” and “blockchain” being a game-changer. But the majority of the common public today still has little to no knowledge about what these terms mean. According to Wikipedia, “A cryptocurrency is a digital asset designed to work as