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Fed Chairman Says The U.S. Is Not Competing With China on Central Bank Digital Currency (CBDC)

The Chinese central bank – People’s Bank of China (PBoC) – has expedited its efforts on launching its central bank digital currency (CBDC) Digital Yuan. However, the U.S. isn’t quite worried at this point regarding the development of China’s CBDC, said Federal Reserve Chairman Jerome Powell. On Wednesday, April 29, the Fed chairman Jerome Powell

Bhushan Akolkar April 29, 2021

The Chinese central bank – People’s Bank of China (PBoC) – has expedited its efforts on launching its central bank digital currency (CBDC) Digital Yuan. However, the U.S. isn’t quite worried at this point regarding the development of China’s CBDC, said Federal Reserve Chairman Jerome Powell. On Wednesday, April 29, the Fed chairman Jerome Powell

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Japan’s Central Bank to Start CBDC Feasibility Tests Next Month Onwards

As the CBDC developments catch pace worldwide, the Bank of Japan is making its own moves. On Friday, March 26, the Japanese central bank said that it will start the feasibility study and test of its own CBDC – Digital Yen – starting next month. The announcement comes just a day after the People’s Bank

Bhushan Akolkar March 27, 2021

As the CBDC developments catch pace worldwide, the Bank of Japan is making its own moves. On Friday, March 26, the Japanese central bank said that it will start the feasibility study and test of its own CBDC – Digital Yen – starting next month. The announcement comes just a day after the People’s Bank

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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

Bhushan Akolkar November 30, 2020

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

us bank charter stablecoin disruptor
Bitcoin News
us bank charter stablecoin disruptor
Bitcoin News

This Future U.S. Bank Introduces a ‘Stablecoin Disruptor’ Better than CBDC

Yesterday, in a watershed decision by the US Office of the Comptroller of the Currency, crypto-asset custody firms can now procure a banking charter in the U.S. The major difference brought about by the decision is bypassing the bitlicense and trust co. charter. The banks will have a significant advantage over the current scheme of things. According

Nivesh Rustgi July 23, 2020

Yesterday, in a watershed decision by the US Office of the Comptroller of the Currency, crypto-asset custody firms can now procure a banking charter in the U.S. The major difference brought about by the decision is bypassing the bitlicense and trust co. charter. The banks will have a significant advantage over the current scheme of things. According

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

Nivesh Rustgi July 18, 2020

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