Investor News on Digital Currencies
The collaborative project will test common DLT systems that will let organizations resolve cross-border payments utilizing CBDC. Singapore’s, Australia’s, South Africa’s, and Malaysia’s Central banks recently launched a collaborative project to test global payments using CBDC. The Operation Dunbar initiative will test…
International Monetary Fund (IMF) is of the view that virtual currencies like that of Bitcoin and others pose potential risk and dangers because they are issued by not the central banks but private individuals and networks. IMF also denies that Bitcoin can…
A warning concerning non-fulfillment of mandatory regulatory requirements has been issued to Binance in the Netherlands as the Dutch Central Bank notes that Binance has been illegally offering services of crypto trading and crypto wallet without being registered with the relevant authority….
In recent years, signals have been indicated by the central banks for launching their central digital currencies. Following this scenario, the governments such as India, China, and others have begun threatening independent cryptocurrencies like Ethereum and Bitcoin. The government of the United…
Samia Suluhu Hassan, the head of the state for Tanzania, has advised the country’s central bank to look into the option of adopting crypto. The bank has been directed further to submit its proposal with regard to the crypto options directly with…
Canadian central bank i.e. The Bank of Canada (BOC), after the crypto market crash, named the digital asset industry as an “emerging vulnerability”. The Bank said further that crypto’s flagrantly evident “volatility” will serious affect the national economy and domestic financial system….
A job advertisement was posted by the Bank of England (BoE) for a senior expert related to central bank digital currencies (CBDCs). The role of this post is to help the bank in checking and implementing the design and feasibility of a…
The casino junkets at Macau have certainly seen better days, and the COVID-19 pandemic hasn’t exactly been helping. Most recently, though, the operators are under even more stress as China’s CBDC (Central Bank Digital Currencies), the digital yuan, may threaten their existence…
