Digital Euro
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ECB Executive Says Digital Euro Will Protect EU from the Threat of Other Crypto

Speaking to the Financial Times on Sunday, June 20, Fabio Panetta, an executive board member at the European Central Bank, admitted that having a Digital Euro is a must for the European Union to combat the “threats” from other cryptocurrencies. Panetta’s comments come just at a time when the global acceptance of cryptocurrencies is on

Speaking to the Financial Times on Sunday, June 20, Fabio Panetta, an executive board member at the European Central Bank, admitted that having a Digital Euro is a must for the European Union to combat the “threats” from other cryptocurrencies. Panetta’s comments come just at a time when the global acceptance of cryptocurrencies is on

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Central Bank of Nigeria (CBN) Plans For a CBDC Launch By the End of 2021

On Thursday, June 10, the Central Bank of Nigeria (CBN) announced that it preparing for the launch of the central bank digital currency (CBDC) aka Digital Naira and that should happen before the end of 2021. Rukayat Mohammed, the Director of Information Technology (IT) for the CBN made this disclosure yesterday in a virtual briefing

On Thursday, June 10, the Central Bank of Nigeria (CBN) announced that it preparing for the launch of the central bank digital currency (CBDC) aka Digital Naira and that should happen before the end of 2021. Rukayat Mohammed, the Director of Information Technology (IT) for the CBN made this disclosure yesterday in a virtual briefing

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Amid Inflation Crisis, Turkey Plans to Issue Its CBDC Digital Lira In Two Years

Amid highly rising inflation and with the Turkish Lira losing value against the USD, the country is now looking for a digital alternative to its national currency. Drawing a leaf from China’s CBDC move, Turkey is all set to launch its Digital Lira in the next two years. On Wednesday, local news agency Sabah published

Amid highly rising inflation and with the Turkish Lira losing value against the USD, the country is now looking for a digital alternative to its national currency. Drawing a leaf from China’s CBDC move, Turkey is all set to launch its Digital Lira in the next two years. On Wednesday, local news agency Sabah published

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

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ECB President Believes Bitcoin is Speculative, Digital Euro in Next 5 Years

Christine Lagarde, the European Central Bank president in her recent talk at Reuters Next conference has deemed Bitcoin as a speculative asset that plays with investors’ psychology. Lagarde’s comments came during her talks about the role of sovereign digital currencies issued by national banks. She noted that a digital Euro is quite a possibility in

Christine Lagarde, the European Central Bank president in her recent talk at Reuters Next conference has deemed Bitcoin as a speculative asset that plays with investors’ psychology. Lagarde’s comments came during her talks about the role of sovereign digital currencies issued by national banks. She noted that a digital Euro is quite a possibility in

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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

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

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