Latest Posts with CBDC tag

CBDC

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Central banks can’t ignore the impact of digital currencies anymore

5 Jan 2020 6 minute read 0 comments fklivestolearn

The idea of a CBDC which was mostly frowned upon till a short time ago is now being openly discussed by various Central banks   Although the price action in digital currencies in Q3 has disappointed the Crypto bulls, the mainstream adoption of digita...

Why i think 2020 will be an interesting year on Crypto.

3 Jan 2020 2 minute read 0 comments alberdioni8406

The year just started and many projects are continuing their expansion and exposure thru the crypto space,more Firms are being builded to explore the solutions created to interact with crypto, the Blockchain Tech. Last year we saw the launching of BA...

South Korea's new opening to cryptocurrencies, a central bank study on a state crypto starts

30 Dec 2019 1 minute read 0 comments Roberto D.

That South Korea is one of the most friendly countries towards cryptocurrencies is widely known, so it is not surprising that the country's central bank has decided to set up a task force that will deal with assessing the possibility of issuing a CBD...

Bahamas is planning their own Digital Currency.

26 Dec 2019 1 minute read 0 comments alberdioni8406

Many Central Banks around the world are planning to issue a digital coin and almost 18 Central Banks showed publicly that there are really moves in the direction to create a CBDC. The Central Bank of Bahamas will conduct a pilot phase of their digit...

China will review cryptocurrency regulation in an attempt to reform the forex markets

25 Dec 2019 1 minute read 0 comments Roberto D.

This was reported by Reuters, with an article published a few hours ago, based on the statements by Lu Lei, deputy director of the State Exchange Administration; according to reports from the news agency, China is considering revising its cryptocurre...

Iran's President proposed a creation of Cryptocurrency as alternative to the US Dollar.

22 Dec 2019 1 minute read 0 comments alberdioni8406

Hassan Rouhani The President of Iran proposed a creation of a Cryptocurrency to be an alternative to the US Dollar that will be used in Trade among the Muslims Nations. The Proposal was made in the Summit in Malaysia,where also participated Leaders...

The Digital Currency Race Heats Up

14 Dec 2019 2 minute read 6 comments tabul8tor

Facebook’s Libra Photo by Alex Haney on Unsplash On 18 June 2019, Facebook, the world’s largest social network, announced a cryptocurrency called Libra which would be a stablecoin backed by a basket of currencies weighted towards the U.S. dollar. Li...

Finally, the official tests on the Chinese CBDC, the first tests are already underway

9 Dec 2019 1 minute read 1 comment Roberto D.

It is reported by Caijing, a Chinese financial information site that, with an article published today, informs us that the first tests for the Chinese CBDC will start in Shenzhen and Sunzhou, but there is the possibility that in the coming weeks it w...

State cryptocurrencies, now it is France's turn, but a joint European action would be needed

5 Dec 2019 1 minute read 0 comments Roberto D.

During a conference between the French Prudential Supervision and Authority and the Autorité des marchés financiers, held just in recent days, François Villeroy de Galhau, current governor of the Bank of France, announced the launch of a project aime...

No space for the issuance of a CBDC, said the governor of the Japanese central bank

5 Dec 2019 1 minute read 0 comments Roberto D.

Haruhiko Kuroda, governor of the Japanese central bank, during his speech for the 35th anniversary of the FISC (center for financial industry and information systems), underway today, said that there is currently no demand in Japan which justifies th...