May 10, 2021

Binance CEO warns of CBDC drawbacks as digital dollar pilots proceed in US

Cryptocurrencies such as Bitcoin (BTC) and Ether (ETH) will co-exist “for a while” with more conservative digital currencies such as China’s digital yuan, according to Binance […]
April 16, 2021

Turkey to ban cryptocurrency payments

According to a Friday announcement by the Central Bank of the Republic of Turkey, the ban will come into effect on April 30, rendering any crypto […]
March 1, 2021

Central bank digital currency a mixed blessing, says RBI

The Reserve Bank of India offered its assessment of CBDCs as part of its report on currency and finance issued on Sunday. Per the report, the […]
February 23, 2021

Bank of Korea chief says crypto has no intrinsic value, expects volatility

Bank of Korea Governor Lee Ju-yeol stated that crypto assets like Bitcoin have no intrinsic value, local news agency Yonhap reports Tuesday. The official stated that […]
February 11, 2021

COVID-19 has pushed Bank of Canada toward ‘digital loonie’

In a speech today, BoC deputy governor Timothy Lane stated that the COVID-19 pandemic had accelerated the need to digitize cash. Lane stated: “The pandemic may […]
January 28, 2021

Central banks representing a fifth of world’s population likely to issue CBDC in 3 years: BIS

In its latest survey of CBDC development, the BIS indicates that central banks representing nearly a fifth of the world’s population are set to introduce a […]
January 27, 2021

Philippines’ central bank to license crypto trading and custody firms

According to the Philippine Daily Inquirer, all crypto financial service firms in the country must now be licensed by the BSP. Therefore, exchanges dealing in crypto-to-crypto […]
January 22, 2021

The central bank of central banks is building a CBDC settlement platform

According to its annual work program, BISIH, plans to explore thefeasibility of faster and cheaper cross-border payments using centralbank digital currencies. BISIH also noted that it […]
January 21, 2021

Sweden is working with DLT for its CBDC proof-of-concept

“The technology we use is the DLT called Corda,” Cecilia Skingsley, the deputy governor of Sweden’s central bank, said on Wednesday during a CfC St. Moritz […]