Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. ____… Read More: Janet Yellen on Crypto Regulation, UFC’s Bitcoin Bonuses, ‘Largest Crypto Merger’ + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
The assets under management (AUM) in crypto-backed exchange-traded products (ETPs) and exchange-traded funds (ETFs) are likely to surpass USD 120bn by the year 2028, fueled by institutional demand and possible US policy changes, according to analysts at Bloomberg Intelligence. This figure is likely to be seen even without large increases in crypto prices, their…
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Amid an intensification in the European Union’s crypto-focused legislative efforts, the European Commission has launched a new consultation on its digital euro central bank digital currency (CBDC) project. The procedure will allow interested stakeholders who want to help shape a digital euro to voice their opinion to Brussels, with privacy concerns likely to rank…
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As decentralized finance (DeFi) and central banking share a number of objectives, building bridges between decentralized and centralized finance (CeFi) could open up new possibilities for the use of central bank digital currencies (CBDCs) , according to the participants of a debate held by the Innovation Hub of the Bank for International Settlements (BIS) and…
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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. __________… Read More: New Bitcoin’s Chance to ‘Bitcoinze the Dollar’, Crypto Seizures + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
The report by PwC shows that 80% of central banks are considering or have already launched a CBDC. More than 80% of central banks are interested in launching a Central Bank Digital Currency (CBDC) or have already done so according to research conducted by accounting firm PwC. The second annual Global CBDC Index report released…
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Decentralized finance (DeFi) protocols are “crucial” for financial inclusion, particularly in the developing world. And despite being inherently centralized, central bank digital currencies (CBDCs) are a welcome part of that, said the participants at a discussion hosted by the Bank for International Settlements (BIS)…. Read More: DeFi ‘Crucial’ for Financial Inclusion, CBDCs Still Welcome…
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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. __________… Read More: UK’s Global Crypto Hub Goal, Intel’s ‘Major Role’ in Bitcoin Mining, KuCoin’s NFT Move + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
U.S. Senator Ted Cruz has introduced legislation to prohibit the Federal Reserve from issuing a central bank digital currency (CBDC) directly to individuals and competing with the private sector. The senator from Texas warned that not only would this CBDC model centralize financial information, leaving it vulnerable to attack, but it could also be used…
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According to Patrick Njoroge, the governor of the Kenyan central bank, the significant number of non-smartphones that are in use in Kenya means launching a central bank digital currency (CBDC) now may be premature and could lead to many citizens being financially excluded. Central Bank Mulls Delaying CBDC Rollout The governor of the Central Bank…
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