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Archive: News

Crypto
News

China Debunks CBDC Rumours: CBDC Is Currently Only For Small Transactions

According to the People’s Bank of China (PBoC), the country will only be testing ...

Crypto
News

Singaporean Bank, DBS, Acknowledges Bitcoin As The Future Of Cryptocurrency

Singaporean banking giant, DBS, approved Bitcoin as the future of cryptocurrency in a 28-page ...

BIS
News

Bank for International Settlements Releases Encouraging Report on CBDCs

The global central bank for central banks, Bank of International Settlements (BIS), has released ...

food industry
News

McDonald’s and Starbucks Among Early Testers of Chinese CBDC

According to a news report from Chinese media outlet InterChain Pulse, China’s forthcoming central ...

European
News

Dutch Central Bank Set to Pioneer CBDC Development for European Union

The Dutch Central Bank has revealed its intentions to lead the way in the ...

Suzhou
News

China is Testing CBDC via Transport Subsidies in Suzhou

As China continues to test its central bank digital currency (CBDC), there are now ...

Crypto
News

China Begins Testing National Digital Currency in Four Cities

Recent social media posts show that China might soon be ready to issue it’s ...

South Korea
News

South Korea Launches Pilot Program to test Digital Currency

South Korea, announced on Monday, the launch of a pilot program to help govern ...

Buterin
News

Ethereum Co-Founder Vitalik Buterin Believes Privacy Coins Will Be Preferred To CBDCs

Ethereum co-founder Vitalik Buterin is unsurprisingly bullish about the future of cryptocurrencies. According to ...

adoption
News

Bank of England Exec Warns Credit Issuance Faces Risk From Crypto Adoption

An exec at the Bank of England (BoE) has sounded a note of warning ...

Bank of canada
News

Bank Of Canada Considers CBDC Prototype To Maintain “Monetary Sovereignty”

Canada’s apex bank is now slowly moving to the crypto side and is more ...

Bank of England Set to Explore Digital Currency
News

Bank of England Set to Explore Digital Currency

Sarah John, the chief cashier at the Bank of England, has stated that it ...

JPMorgan
News

Former CFTC Chairman Calls For Development of Digital Dollar

The calls for the creation of a national digital currency, digital dollar continue to ...

central bank
News

Brazil’s Central Bank Announces New Instant Payment Platform To Challenge Cryptocurrencies

Brazil’s central bank, Banco Central do Brasil (BCB), is working on a new instant ...

Cambodia
News

Cambodia Is Set To Launch A National Blockchain-Powered Digital Currency

According to local reports, the National Bank of Cambodia (NBC) is neck-deep in plans ...

P2P
News

India’s Blockchain Strategy Includes Plan for Digital Rupee

As opposed to cryptocurrency as India is, the country might be considering the development ...

Cash
News

LocalBitcoins Records 2-Year Record Low For Bitcoin Trading Volume in China

As China’s stand against digital currencies continues to tighten, adoption rates are dropping. It ...

Crypto
News

China’s Financial Authority Receives Application For First Blockchain ETF

The China Securities Regulatory Commission (CSRC) has acknowledged receipt of an application for a ...

Crypto
News

India’s Payment Corporation To Launch Permissioned Settlement Blockchain

The National Payment Corporation of India (NCPI) has announced that it will issue a ...

cryptocurrency crackdown
News

China Cryptocurrency Crackdown Leads To Seizure Of Almost 7,000 Mining Machines

China has continued its crackdown on cryptocurrency and mining activity in the country. State-owned ...

Director
News

China’s Former Central Bank Director Appointed Head Of New Tech Department

According to a report from a local Chinese media platform Caijing, the China Securities ...

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