The central bank of China has completed the top-layer design and joint testing of its soon-to-be-released central bank digital currency. The central bank of China has completed the top-layer design and joint testing of its soon-to-be-released central bank digital currency (CBDC). As domestic news outlet Sina reported on Jan. 10, People’s Bank of China (PBoC)…
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Christine Lagarde has pushed for the bank’s involvement in the development of a CBDC to address the demand for faster and cheaper cross-border payments. The president of the European Central Bank (ECB), Christine Lagarde, supports the bank’s active involvement in the development of a central bank digital currency (CBDC) to address the demand for faster…
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China’s central bank reports that it is “progressing smoothly” with its development of a government-backed digital currency. China’s central bank, the People’s Bank of China (PBoC), reports that it is “progressing smoothly” with its development of a government-backed digital currency. The bank issued its statement during a working conference held in Beijing from Jan. 2–3,…
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Telegram says the SEC is on an “unfounded fishing expedition,” and Google Play lifts MetaMask ban. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in…
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The International Monetary Fund has encouraged the Philippines’ central bank to explore the possibility of starting to collect data on cross-border flows of crypto assets. The International Monetary Fund (IMF) has encouraged the Philippines’ central bank to explore the possibility of starting to collect data on cross-border flows of crypto assets. The IMF made the…
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Rules governing crypto password storage aim to prepare the economy for the arrival of the world’s first central bank digital currency, currently in testing. China has formally implemented a law governing cryptographic password management as part of its pre-release plans for its central bank digital currency (CBDC). As English-language news media outlet China Money Network…
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The Central Bank of the Bahamas is planning to pilot a digital version of the Bahamian dollar in the Exuma district starting December 27. The Central Bank of the Bahamas (CBOB) is planning to introduce a digital version of the Bahamian dollar in the Exuma district. According to an official press release, the CBOB will…
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Russia’s central bank, The Bank of Russia, has reportedly started testing stablecoins pegged to real assets in a regulatory sandbox. The Bank of Russia, the country’s central bank, has reportedly started testing stablecoins pegged to real assets in a regulatory sandbox. Elvira Nabiullina, Russia’s central bank head, said that the bank doesn’t assume that those…
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Commenting on cryptocurrency policy, a Federal Reserve governor highlighted a single study claiming thata only half of Bitcoin payments are above board. A member of the United States Federal Reserve’s board of governors appears to believe that one in four people who use Bitcoin (BTC) are criminals. In a panel speech honoring Benoît Coeuré, a…
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Sweden’s central bank plans to create a pilot platform for a new digital currency, called the e-krona, in latest in European CBDC news. Sweden’s central bank is planning plans to create a pilot platform for a digital currency known as the e-krona. While Switzerland took a negative stance towards a central bank digital currency (CBDC)…
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