Apart from a CoinMarketCap glitch that pushed its price above $4,000, Polkadot [DOT] – like many other cryptos – has been seeing a holiday season filled with red. At press…
CBDCs
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- All Alt Coin
India to explore wholesale, retail CBDCs, ‘will release pilot, whichever is ready first’
by Mikiby MikiChina’s digital yuan CBDC is seeing formidable rates of adoption. Meanwhile, Australia reported on the “successful completion” of its research for the Project Atom CBDC. Adding to that, Project Jura…
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The Mastercard CEO, Michael Miebach, is confident that the company is ready to offer its service when governments begin to issue CBDCs. Financial services company Mastercard Inc (NYSE: MA) is…
- Blockchain
G20-Backed FSB Sets Out Roadmap for Stablecoins and CBDCs, Optimizing Cross-Border Payment System
by Mikiby MikiThe Financial Stability Board (FSB), a G20-backed think tank, has cited the duo of government-issued Central Bank Digital Currencies (CBDCs) and stablecoins as key drivers in pursuing a better cross-border…
- Bitcoin
G20-Backed Think Tank Factors in Stablecoins and CBDCs in Solving Remittance Woes
by Mikiby MikiThe Financial Stability Board (FSB), a multinational Think Tank that provides policy recommendations to the G20 has highlighted the importance of stablecoins and Central Bank Digital Currencies (CBDCs) in the…
- Blockchain
About 90 Percent of Countries Representing the Global Economy Exploring CBDCs, Report says
by Mikiby MikiThe pursuit of a Central Bank Digital Currency (CBDC) has seen more countries joining the exploration of the new financial technology in 2021 than in the previous year. According to…
- Blockchain
UK Chancellor Rishi Sunak Proposes Crypto Adoption and CBDCs as Priority for Treasury Reform
by Mikiby MikiChancellor of the Exchequer for the United Kingdom Rishi Sunak has doubled down on the need to provide the ample environment for the adoption and growth of digital currencies and Central Bank…
- All Alt Coin
Here’s what the Fed vice chair had to say about Bitcoin, CBDCs and parachute pants
by Mikiby MikiThe Fed and Treasury have established their skepticism when it comes to cryptocurrencies and other digital assets. The industry with a market capitalization of about $1.4 trillion has garnered a…
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The Bank for International Settlements (BIS) announced its full support for developing central bank digital currencies (CBDCs) in pursuing financial and monetary stability through international cooperation with the mandate and support by…