Category: Digital Currency
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Bank of Russia issues consultation paper on digital ruble
Russia’s central bank says that the digital ruble can be an “additional form of money alongside cash and non-cash.”
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Central Banks Haven’t Made a Good Case for Digital Currencies: WSJ’s Heard on the Street
Central banks are rushing into digital currencies without considering how the risks might outweigh any benefits, the column argues.
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Japan must amend central bank laws to issue digital yen, says official
Japan is getting more serious about the digital yen.
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Andreessen Horowitz Publishes ‘Crypto Startup School’ Documentary
The California-based private American venture capital firm, Andreessen Horowitz, has published a documentary called “Crypto Startup School.” The documentary is different from other blockchain films, as the 30-minute video shows some of the procedures leveraged while invoking a crypto-focused startup. On October 9, 2020, the company Andreessen Horowitz published a new documentary on Youtube called…
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U.S. Vs. China: who will win the digital currency war?
The U.S. needs to embrace privacy-focused crypto in order to compete with China’s digital RMB.
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China’s Digital Currency Has Been Used in 3 Million Transactions Worth Over a Billion Yuan So Far
China’s central bank digital currency has been used in 3.13 million transactions worth about 1.1 billion yuan ($162 million) so far, the People’s Bank of China’s deputy governor has reportedly revealed. In addition, more than 122,000 digital wallets have been created. ‘Positive Progress’ of Digital Yuan Pilot The People’s Bank of China (PBOC) has been…
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The Bahamas Reveal Details, October Date of Landmark Central Bank Digital Currency Debut
The Bahamas has unveiled key details powering its historic launch of a central bank digital currency, now slated to debut on October 20.
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JD.com’s fintech wing partners with PBoC on digital currency projects
China’s e-commerce giant will reportedly help develop apps that support the forthcoming digital renminbi.
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European central bank execs explain why CBDCs don’t need blockchain
Before trying to apply blockchain to anything, think why.
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No one can refuse China’s digital currency, says central bank exec
The digital renminbi is legally compensatory to China’s fiat currency.