The introduction of central bank digital currencies (CBDCs) could bring a wide range of benefits to consumers and economies worldwide, including increased financial inclusion for people currently underserved by conventional financial institutions – particularly in the aftermath of the ongoing coronavirus pandemic. But they may need technological help to do so, suggested Read more »Pay,…
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Finally, bitcoin price broke the main USD 20,000 resistance and started a strong surge. BTC broke many hurdles and gained nearly 15%. The price even spiked above USD 22,000 and it is currently (05:00 UTC) consolidating gains. Similarly, there was a strong increase in most major altcoins, including ethereum, litecoin, XRP, EOS, XLM, LINK, BNB,…
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The state-controlled commercial bank Sberbank has expressed fears that the Russian Central Bank’s “digital ruble” plans will have a negative effect on liquidity in the nation. The Central Bank has accelerated its plans to roll out a central bank digital currency (CBDC) with a pilot slated for next year – likely in a response to…
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After a minor decline, bitcoin price remained stable above the USD 19,000 level. BTC is slowly rising and it is currently (13:00 UTC) trading above the USD 19,200 level. The bulls need to gain strength above USD 19,400 and USD 19,500 to start a strong increase. Besides, most major altcoins are trading above key supports,…
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XRP network snapshot for the spark (FLR) airdrop was taken and XRP price dropped, but the debates within the Cryptoverse are ongoing – when and how much are eligible holders getting? On December 12, blockchain platform Flare Network, which is backed by Ripple’s investment arm RippleX, took a snapshot of the entire XRP blockchain in…
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The European Central Bank (ECB) has once again opened the door to some form of private-sector collaboration as it “intensifies” its work on the digital euro – a central bank digital currency (CBDC) for Eurozone nations. Per an official release, the ECB, the bank’s Governing Council has declared that it and fellow Eurosystem (central bank…
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Screenshots of the Chai app. A group of South Korean and Japanese business giants including Hanhwa Investment & Securities, SoftBank and SK have joined more established blockchain investors to complete a Series B investment round worth over USD 60m in South Korean firm Chai, the provider of a blockchain-powered payment gateway. Chai completed a USD…
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Sweden’s central bank, the Riksbank, has edged another step closer to launching its much anticipated central bank digital currency (CBDC), dubbed the e-krona – with a lengthy government review of the consequences of a national CBDC rollout beginning today. Back in February this year, Sweden gazumped many of its European and intercontinental counterparts by announcing…
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After a break below the USD 18,200 support, bitcoin price extended its decline below USD 17,800. The price is currently (13:00 UTC) trading below USD 18,000 and showing signs of more losses towards the USD 17,500 level. Similarly, there are signs of more downsides in most major altcoins, including ethereum, XRP, litecoin, EOS, XLM, LINK,…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Banking news US-based major investment bank JPMorgan said it completed a live, blockchain-based intraday repo transaction between JPMorgan’s broker dealer and banking entity, using an in-house developed blockchain Read more »Pay, Trade, Buy…
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