CBDC

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Recent Government Actions Against Crypto Ecosystem

18 Jan 2021 1 minute read 1 comment Keith Thuerk

Recent Government Actions Against Crypto Ecosystem Updated 1/19/21 Iran Reportedly blames Bitcoin miners for massive power outages across the country! 1/18/21 - Australian Bitcoin Trader Takes Banks to Tribunal After Sudden Account Closures - https:/...

Don't look back, CBDCs are on the way

17 Jan 2021 2 minute read 0 comments alquimista1501

For me, of all the news that we are processing day by day, there is one in particular that has a high rank that could affect the foundations even of the cryptographic world. Although, it is already known the intentions of closing and systematically p...

CBDCs, The Poop of Cash Eating ATMs

16 Jan 2021 3 minute read 10 comments acesontop

Cash is definitely on its fast sliding slope towards extinction. You can look at it as such from a new world order universal currency point of view, which kind of makes sense in the midst of this world crisis/great reset, or from an evolutionary pers...

Christine Lagarde considers Bitcoin an asset that favors illicit trafficking

16 Jan 2021 1 minute read 0 comments claudio831

The European institutions, led by Christine Lagarde, president of the European Central Bank, are convinced that it is necessary to regulate the crypto sector. At the moment there is in fact no international and European regulation, although Lagarde h...

CBDC for financial inclusion is not a distant thought

13 Jan 2021 3 minute read 0 comments paragism

CBDC or ‘central bank digital currency’ is a buzzword today. It is a new type of currency that central banks around the world are experimenting with. To simplify the term, we can call it a digital form of fiat currency with some differences. The conc...

One of China's Largest Banks launches Digital Yuan ATM

12 Jan 2021 1 minute read 0 comments Keith Thuerk

One of China's Largest Banks launches Digital Yuan ATM   Who?- The Agricultural Bank of China (ABC), one of China’s “big four” banks, launched a pilot program to enable the first digital yuan ATMs. The banking institution deployed the first machines...

OCC's Brian Brooks opinion piece on DeFi

12 Jan 2021 1 minute read 0 comments Keith Thuerk

OCC's Brian Brooks opinion piece on DeFi   Today Tuesday 1/12/21 the OCC's, Brian Brooks had an opinion piece published in the Financial Times (FT), yep the pink paper folks! Premise of the piece - thinks that DeFi can root out bias and fraud in trad...

Ukraine to Develop its CBDC Infrastructure with Stellar

6 Jan 2021 1 minute read 4 comments author_nan

The Stellar Foundation announced on Jan. 4 that it had signed an agreement with the Ministry of Digital Transformation of Ukraine to establish a virtual assets ecosystem. The partnership will see the two bodies create a strategy for digital currenci...

Gov of Ukraine Picks Stellar to Help Build National Digital Currency

4 Jan 2021 1 minute read 1 comment Keith Thuerk

Gov of Ukraine Picks Stellar to Help Build National Digital Currency - CBDC   Well here we are 4th of January 2021 and the CBDC race is heating up!  Recall a CBDC is a Central bank digital currency What has been done thus far in regard to CBDC in Uk...

Is ISO 20022 a replacement for SWIFT?

4 Jan 2021 1 minute read 1 comment Keith Thuerk

Is ISO 20022 a replacement for SWIFT?   What is ISO 20022?  Executive Summary: ISO 20022 is an emerging global and open standard for payments messaging. or according to Wikipedia "is an ISO standard for electronic data interchange between financial i...