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Thursday, January 28, 2021

Tag: Central Bank

BoE Governor: cryptocurrencies of today are destined to fail long term
News

BoE Governor: cryptocurrencies of today are destined to fail long term

Marvin Nelson January 26, 2021

The U.K. central bank governor believes existing cryptocurrencies will fail over the longer term due to their robust privacy features.

Andrew BaileyBank of EnglandCentral Bankcryptocurrencies Comment on BoE Governor: cryptocurrencies of today are destined to fail long term
Law Decoded: Bank payments going global with stablecoins and CBDCs, Jan. 15–22
News

Law Decoded: Bank payments going global with stablecoins and CBDCs, Jan. 15–22

Marvin Nelson January 22, 2021

Retail users may have to wait in much of the world, however.

Bank of RussiaBankingCBDCCentral BankChinaJPMorganRussiaStablecoin Comment on Law Decoded: Bank payments going global with stablecoins and CBDCs, Jan. 15–22
Sweden is working with DLT for its CBDC proof-of-concept
News

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

Marvin Nelson January 20, 2021

Sweden’s central bank deputy governor recently updated the public on the country’s CBDC exploration.

CBDCCentral BankConferenceSweden Comment on Sweden is working with DLT for its CBDC proof-of-concept
Russia’s Central Bank tries to stem the tide of rubles leaving bank accounts
News

Russia’s Central Bank tries to stem the tide of rubles leaving bank accounts

Marvin Nelson January 4, 2021

With the declared intent of reducing risk, the moves look to cut new investors off from opportunities to get out of the ruble.

Bank of RussiaCentral BankInvestmentsRussia Comment on Russia’s Central Bank tries to stem the tide of rubles leaving bank accounts
Did CBDCs affect the crypto space in 2020, and what’s next in 2021? Experts answer
News

Did CBDCs affect the crypto space in 2020, and what’s next in 2021? Experts answer

Marvin Nelson December 27, 2020

CBDCs are one of the major topics in crypto this year, and the experts that Cointelegraph spoke to have a lot to say about it.

BISCBDCCentral BankChinaCoronaviruscryptocurrenciesEuropeEuropean UnionGovernmentNew Year's SpecialUnited StatesWorld Economic Forum Comment on Did CBDCs affect the crypto space in 2020, and what’s next in 2021? Experts answer
China’s central bank plans digital yuan pilot  for payments to Hong Kong
News

China’s central bank plans digital yuan pilot for payments to Hong Kong

Marvin Nelson December 4, 2020

Preliminary talks are underway to begin testing the e-CNY in the special administrative region of Hong Kong.

CBDCCentral BankChinaDigital CurrencyHong KongPeople's Bank of China Comment on China’s central bank plans digital yuan pilot for payments to Hong Kong
Though centralized, a digital yuan is too big for China to surveil, says Cypherium CEO
News

Though centralized, a digital yuan is too big for China to surveil, says Cypherium CEO

Marvin Nelson December 3, 2020

Despite ambitions of overtaking the dollar, China’s central bank will have a hard time monitoring all the transactions involved in a CBDC, though commercial banks might lend a hand.

CBDCCentral BankChinaGovernmentPeople's Bank of ChinaStablecoin Comment on Though centralized, a digital yuan is too big for China to surveil, says Cypherium CEO
Law Decoded: Cents and stability, Nov. 20–27
News

Law Decoded: Cents and stability, Nov. 20–27

Marvin Nelson November 27, 2020

Stablecoins and CBDCs and their related issues of privacy and surveillance lead this week’s Law Decoded.

CBDCCentral BankDollarFacebookLibraStablecoinUSD Comment on Law Decoded: Cents and stability, Nov. 20–27
The US election seals China’s victory in digital currency supremacy
News

The US election seals China’s victory in digital currency supremacy

Marvin Nelson November 21, 2020

While there is an unclear future for digital currency development under Joe Biden’s presidency, China is leading the race.

CBDCCentral BankChinacryptocurrenciesUnited States Comment on The US election seals China’s victory in digital currency supremacy
BIS head says physical cash still important, even if CBDCs take over
News

BIS head says physical cash still important, even if CBDCs take over

Marvin Nelson November 13, 2020

BIS Innovation Hub head Benoît Cœuré stressed the importance of maintaining multiple payment options beyond just CBDCs.

BISCashCBDCCentral BankFacebookLibraPayments Comment on BIS head says physical cash still important, even if CBDCs take over

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Recent Posts

  • Japan’s top brokers compete with crypto-native exchanges for market share January 26, 2021
  • Glassnode predicts BTC break-out as investors refuse to realize losses January 26, 2021
  • More than half of all Cardano wallets are now staking ADA January 26, 2021
  • Reddit investing group triggers crypto-style 860% rally in GameStop stock January 26, 2021
  • BoE Governor: cryptocurrencies of today are destined to fail long term January 26, 2021

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