A digital Euro CBDC will be “designed for making payments, not for investment,” explained Ulrich Bindseil, Jürgen Schaaf, and Executive Board member Piero Cipollone in a blog post…
Read more European Central Bank: Digital Euro for Payments Only, Not Investment or HoldingOn January 29, Sheikh Mansour Bin Zayed Al Nahyan, Chairman of the Board of the Central Bank of the UAE, marked a momentous occasion by conducting the first-ever…
Read more UAE’s Central Bank Initiates Historic Cross-Border Digital Dirham Transfer to ChinaThe Bank for International Settlements (BIS) is set to enhance digital currency research and tokenization in 2024 according to a Jan 23 announcement. The BIS Innovation Hub has…
Read more BIS sets 2024 strategy with key focus on CBDC and tokenizationIn a recent publication, Morgan Stanley’s Head of Digital Assets, Andrew Peel, has cautioned about a potential “paradigm shift” in the perception and use of digital assets, emphasizing…
Read more Morgan Stanley Warns 'Paradigm Shift' in Crypto Could Impact US Dollar LeadershipCrypto industry experts have been discussing Tether and its potential to become the dollar-pegged defacto central bank digital currency of the world. The comments come in response to…
Read more Is Tether Becoming America’s Defacto CBDC? Crypto Experts Weigh InIn an ambitious move to position the U.K. as a front-runner in the cryptocurrency sector, the government and the Bank of England (BOE) are introducing sweeping regulations for…
Read more UK in crypto regulation lead as BOE targets stablecoinsIn 2023, the number of cryptocurrency owners in Canada decreased slightly, but the average holdings increased significantly. According to a report from the Ontario Securities Commission (OSC), 77%…
Read more A new government report claims most Canadians regret investing in crypto assetsCanadians are overwhelmingly opposed to their central bank researching and issuing a digital loonie, according to newly released survey results from the Bank of Canada. The report found…
Read more Canadians Are “Largely Opposed” To A CBDC, Says Bank Of CanadaRavi Menon, the Managing Director of the Monetary Authority of Singapore (MAS), has predicted the fate of private digital coins, including native digital tokens, in the future monetary…
Read more Singapore’s Central Bank Predicts the Demise of Private CryptoIn a move to modernize its financial infrastructure, South Korea is set to embark on a pioneering project involving digital currency. Commencing in the fourth quarter of 2024,…
Read more South Korea to Launch Digital Currency Pilot Program in 2024Singapore-based startup Dtcpay is set to launch a new payment system tailored for both cryptocurrencies and traditional fiat currencies. Dtcpay reportedly entered into a strategic partnership with the…
Read more Dtcpay in partnership to launch crypto payment networkA newly formed organization will begin a dialogue among central banks to support adapting technical standards of different CBDC solutions. The Nobel Sustainability Trust (NST), a charity established…
Read more Nobel’s charity trust to lobby CBDCs with new initiativeThe US Federal Reserve (Fed) has taken legal action against Bitcoin Magazine, alleging that the publication’s parody merchandise infringes on its image and trademarks. The dispute revolves around…
Read more Bitcoin Magazine Faces Lawsuit Threat From US Federal Reserve Over Parody Apparel | Bitcoinist.comIn a recent development, Ripple has been selected by the National Bank of Georgia (NBG) as the official technology partner for its Digital Lari (GEL) pilot project. The…
Read more Ripple And National Bank Of Georgia Join Forces For Digital Lari Pilot | Bitcoinist.comTop Stories This Week Sam Bankman-Fried takes the stand on FTX’s collapse Sam “SBF” Bankman-Fried testified this week in his ongoing criminal trial in the Southern District of…
Read more SBF takes the stand, ‘buy Bitcoin’ searches soar and other news: Hodler’s Digest, Oct. 22-28On October 18, the ECB Governing Council stated that it had decided to move to the next phase of the digital euro project. The move into the preparation…
Read more European Central Bank Moves Forward on CBDC Project After Concluding 2-Year Research PhaseTop Stories This Week Grayscale files for new spot Bitcoin ETF on NYSE Arca Major cryptocurrency investment firm Grayscale Investments has filed a new application with the U.S.…
Read more NY sues crypto firms, FTX’s Nishad faces 75 years in jail, and Grayscale’s new BTC filing: Hodler’s Digest, Oct. 15-21TL;DR Speculation suggests France might use XRP for its digital euro, backed by positive references from Banque de France. The European Union is progressing towards a digital euro…
Read more Another Curious Ripple (XRP) Rumor (Hint: It’s not the IPO)Opinions expressed by Entrepreneur contributors are their own. In a recent research report by Bank of America, analysts concluded that “CBDCs (central bank digital currencies) appear inevitable.” According…
Read more CBDCs Are Inevitable, and That’s a Good Thing | EntrepreneurOpinions expressed by Entrepreneur contributors are their own. Over the past couple of years, I have been working with my team at Broxus to develop the infrastructure necessary…
Read more How CBDCs Will Transform The World As We Know It
