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Binance CEO warns of CBDC drawbacks as digital dollar pilots proceed...

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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...

Turkey to ban cryptocurrency payments

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According to a Friday announcement by the Central Bank of the Republic of Turkey, the ban will come into effect on April 30, rendering...

Central bank digital currency a mixed blessing, says RBI

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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,...

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

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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...

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

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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...

Central banks representing a fifth of world’s population likely to issue...

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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...

Philippines’ central bank to license crypto trading and custody firms

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According to the Philippine Daily Inquirer, all crypto financial service firms in the country must now be licensed by the BSP. Therefore, exchanges dealing...

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

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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...

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

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“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...

Bank of Russia: Digital ruble will undercut bank profits but help...

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According to cointelegraph, at a Thursday meeting of “Opora Russia,” a nongovernmental organization of small businesses, Nabiullina stated that a digital ruble could undercut...

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