CBDC
Top Articles from Godfrey
Norwegian Central Bank
Regulation News
Norwegian Central Bank
Regulation News

Norwegian Central Bank to Begin Testing the Technical Solution for its CBDC

The Norwegian Central Bank, Norges Bank, is yielding to the recommendations of an internal working group, to proceed with the testing of a technical solution for the proposed Central Bank Digital Currency (CBDC) for the country. According to the bank’s official announcement, the launch of the technical solution testing for the CBDC became imperative as

The Norwegian Central Bank, Norges Bank, is yielding to the recommendations of an internal working group, to proceed with the testing of a technical solution for the proposed Central Bank Digital Currency (CBDC) for the country. According to the bank’s official announcement, the launch of the technical solution testing for the CBDC became imperative as

PBOC
Bitcoin News
PBOC
Bitcoin News

Bitcoin Price Surge Behind Rising Interest in Digital Yuan: PBOC

People Bank of China, the Chinese Central Bank believes the rising price of bitcoin has contributed to the growing interest in Chinese sovereign CBDC called digital yuan. The statement took many by surprise partly because cryptocurrencies are banned in China for almost 4 years now. Wang Xin, PBOC research bureau director, “On one hand, this

People Bank of China, the Chinese Central Bank believes the rising price of bitcoin has contributed to the growing interest in Chinese sovereign CBDC called digital yuan. The statement took many by surprise partly because cryptocurrencies are banned in China for almost 4 years now. Wang Xin, PBOC research bureau director, “On one hand, this

Altcoin News
Altcoin News

BIS Says CBDCs Will Raise the Competition Bar In Payments Industry

Bank of International Settlements (BIS), the top governing institution owned by global central banks, shares its views on central bank digital currencies (CBDCs) and how they can raise the competition bar in the digital payments market. In a report accessed by The Globe and Mail on Wednesday, March 31st, BIS said that the inclusion of

Bank of International Settlements (BIS), the top governing institution owned by global central banks, shares its views on central bank digital currencies (CBDCs) and how they can raise the competition bar in the digital payments market. In a report accessed by The Globe and Mail on Wednesday, March 31st, BIS said that the inclusion of

crypto tether china
News
crypto tether china
News

China’s CBDC All Set To Eat Into the Digital Payments Market Share of WeChat and Alipay

Alipay and WeChat Pay the two dominant players in China’s online payments marketplace are all set to see tough competition from the country’s very own central bank digital currency (CBDC) aka Digital Yuan. On Thursday, March 25, speaking during a panel discussion organized by the Bank of International Settlements (BIS), Mu Changchun, director of the

Alipay and WeChat Pay the two dominant players in China’s online payments marketplace are all set to see tough competition from the country’s very own central bank digital currency (CBDC) aka Digital Yuan. On Thursday, March 25, speaking during a panel discussion organized by the Bank of International Settlements (BIS), Mu Changchun, director of the

News
News

China Offers Global Regulatory Guidelines For CBDC

China has proposed a set of global guidelines on Central Bank Digital Currencies (CBDC) to help other central banks towards the development of their respective CBDCs. The announcement comes in the wake of many western countries showing great interest in launching their sovereign digital asset as the world moves towards a more digital future in

China has proposed a set of global guidelines on Central Bank Digital Currencies (CBDC) to help other central banks towards the development of their respective CBDCs. The announcement comes in the wake of many western countries showing great interest in launching their sovereign digital asset as the world moves towards a more digital future in

Altcoin News
Altcoin News

BIS Innovation Hub to Build and TesT PoC Platform for Cross-Border CBDC Settlements

The Bank of International Settlements’ Innovation Hub is looking to take further CBDC developments. The BIS Innovation Hub is developing a proof-of-concept (PoC) platform that explores the use of central bank digital currencies (DBDCs) in cross-border payments. The BIS, the global financial institution owned by central banks worldwide, has listed CBDCs as one of the

The Bank of International Settlements’ Innovation Hub is looking to take further CBDC developments. The BIS Innovation Hub is developing a proof-of-concept (PoC) platform that explores the use of central bank digital currencies (DBDCs) in cross-border payments. The BIS, the global financial institution owned by central banks worldwide, has listed CBDCs as one of the

Bitcoin News
Bitcoin News

Central Bank Digital Currencies [CBDC] Are Inevitable Believes Stephen Harper, Former Canadian PM

During a recent interview, former prime minister of Canada Stephen Harper said that he believes Central Bank Digital Currencies [CBDC] are inevitable and he sees Bitcoin as an alternative reserve currency to the US Dollar. Harper’s comment came during an interview at the 2021 Vancouver Resource Investment Conference with Jay Martin of investment firm Cambridge

During a recent interview, former prime minister of Canada Stephen Harper said that he believes Central Bank Digital Currencies [CBDC] are inevitable and he sees Bitcoin as an alternative reserve currency to the US Dollar. Harper’s comment came during an interview at the 2021 Vancouver Resource Investment Conference with Jay Martin of investment firm Cambridge

IMF digital Currencies
Blockchain News
IMF digital Currencies
Blockchain News

Crypto Twitter: IMF’s Twitter Poll On Digital Currency Goes Viral, What’s so Special?

An interesting twitter poll titled, “Are Digital Currencies Real Money” regarding digital currencies posted by International Monetary Fund [IMF] has already received 75K votes and counting. Surprisingly, more than 80% of all the voters till now agree to this notion and believe Digital Currencies are actual Money. Are digital currencies really money? #poll — IMF

An interesting twitter poll titled, “Are Digital Currencies Real Money” regarding digital currencies posted by International Monetary Fund [IMF] has already received 75K votes and counting. Surprisingly, more than 80% of all the voters till now agree to this notion and believe Digital Currencies are actual Money. Are digital currencies really money? #poll — IMF

China Blockchain Fund
News
China Blockchain Fund
News

Crypto China: Construction Bank in China Launches First Insurance Policy Paid in Digital Currency

China Construction Bank, one of the largest banks in China has started a new use case for the country’s much talked about digital yuan by issuing the first insurance policy completely paid in the national digital currency. The digital yuan settled insurance policy was launched in association with ZhongAn Online P&C Insurance. Local media reports

China Construction Bank, one of the largest banks in China has started a new use case for the country’s much talked about digital yuan by issuing the first insurance policy completely paid in the national digital currency. The digital yuan settled insurance policy was launched in association with ZhongAn Online P&C Insurance. Local media reports

Standard Chartered digital currency
Altcoin News
Standard Chartered digital currency
Altcoin News

Standard Chartered CEO Bill Winters Signals A Digital Currency Debut

Bill Winters, the CEO of Standard Chartered was at the Singapore Fintech Festival where he claimed that widespread crypto adoption is inevitable and its use for international payment settlement would only grow as these payment gateways evolve with time. Winter also gave his views on widely discussed state-backed sovereign digital currencies and said that he

Bill Winters, the CEO of Standard Chartered was at the Singapore Fintech Festival where he claimed that widespread crypto adoption is inevitable and its use for international payment settlement would only grow as these payment gateways evolve with time. Winter also gave his views on widely discussed state-backed sovereign digital currencies and said that he

News
News

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