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BIS builds out "game-changing" blueprint for the future monetary and financial system

BIS builds out "game-changing" blueprint for the future monetary and financial system

The Bank for International Settlements (BIS) is set to redefine the global financial landscape with its newly released blueprint for a futuristic monetary system.

Coinbase Secures an E-Money License From the Central Bank of Ireland

Coinbase Secures an E-Money License From the Central Bank of Ireland

The US-based cryptocurrency exchange, Coinbase, has just been granted an e-money license in Ireland by the Central Bank of Ireland as it continues its expansion into Europe.

Italian Banking Association Wants to Join in on the ECB Digital Euro Central Bank Digital Currency Project

Italian Banking Association Wants to Join in on the ECB Digital Euro Central Bank Digital Currency Project

The Italian Banking Association, Associazione Bancaria Italiana (ABI) has decided to participate in projects and experimentations of a European central bank digital currency, recently known as the digital euro.

Estonia's Central Bank Launches Research Project into CBDC

Estonia's Central Bank Launches Research Project into CBDC

Estonia’s Central Bank also known as Eesti Pank has launched a multi-year research project into central bank digital currencies.

Fed Chair Powell Asserts Money Supply is for Central Banks not Private Sector

Fed Chair Powell Asserts Money Supply is for Central Banks not Private Sector

Federal Reserve Chairman Jerome Powell asserted that the private sector has no place in money issuance and by extension the development of a Central Bank Digital Currency (CBDC).

Canada’s Central Bank Considers Launching a Digital Currency to Combat the “Direct Threat” of Cryptos

Canada’s Central Bank Considers Launching a Digital Currency to Combat the “Direct Threat” of Cryptos

Canada’s Central Bank, the Bank of Canada, is considering launching a digital currency that would enable the collection of how Canadians spend their money.

List of Important Resources on Central Bank Digital Currency (CBDC)

List of Important Resources on Central Bank Digital Currency (CBDC)

Blockchain has the potential to change the whole monetary and financial industry. But it still has a long way to go, as currently, the money issuance power is in the hands of central banks. The compromised way of welcoming blockchain technology in the monetary and financial industry are the central bank issued stablecoins - CDBC.

European Central Bank is Consulting the Public on CBDC

European Central Bank is Consulting the Public on CBDC

The European Central Bank has launched a public consultation to seek public opinion on its proposed digital Euro or central bank digital currency (CBDC).

Recap on 2019: What Does the World Think of Central Bank Digital Currencies?

Recap on 2019: What Does the World Think of Central Bank Digital Currencies?

The European Central Bank has recently developed an “anonymity voucher” to safeguard potential central bank digital currency (CBDC) users’ privacy for low-value retail transactions, while ensuring that high-value transfers are subject to anti-money laundering (AML) approvals.

Bank for International Settlements Reveals Findings on Central Bank Digital Currencies

Bank for International Settlements Reveals Findings on Central Bank Digital Currencies

The Bank for International Settlements released its analysis report in which it evaluated central bank digital currencies globally.

Oman Central Bank Issues Warning Against Crypto Trading, Specifically Dagcoin

Oman Central Bank Issues Warning Against Crypto Trading, Specifically Dagcoin

The Central Bank of Oman has warned citizens that cryptocurrencies come with a high risk and specifically highlighted the risks as they pertain to Dagcoin.

Bitcoin Billionaire Winklevoss Slams European Central Bank Money Printing Despite Strong Euro

Bitcoin Billionaire Winklevoss Slams European Central Bank Money Printing Despite Strong Euro

Bitcoin billionaire and Gemini Exchange Founder Tyler Winklevoss Slams European Central Bank's continued stimulus and low refinancing rates despite a strong Euro.

Ghana Confirms Its Interest in Piloting Central Bank Digital Currency

Ghana Confirms Its Interest in Piloting Central Bank Digital Currency

Ghana has confirmed that it is on the hunt for a Central Bank Digital Currency (CBDC). The Bank of Ghana’s deputy governor, Dr. Maxwell Opoku-Afari, recently revealed that the country’s central bank remains committed to piloting a national digital currency. He made such remarks during a virtual stakeholder workshop on payment systems and services as reported by GhanaWeb local news outlet.

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