China’s State-Backed Cryptocurrency: ‘Gaining Momentum’ Or ‘Inaccurate Speculation’?

China’s Authorities and Central Financial institution simply can’t appear to align on the proposed central financial institution digital forex (CBDC). On Tuesday, government-supported tabloid, International Instances, reported that the...

Report Claims Central Banks Are Cautious About Issuing Their Own Digital Currencies

The Bank of International Settlements (BIS) has published a survey showing that most central central banks are “proceeding cautiously” on issuing their own digital currencies. Only a handful are...

Crypto Mining Should Be Registered and Taxed in Russia, Financial Market Committee Chair Says

Cryptocurrency mining should be registered as entrepreneurial activity and taxed as such, according to Anatoly Aksakov, chairman of Russia’s parliamentary Financial Market Committee. The lawmaker also thinks Russian digital...

ECB: Digital Euro to Boost Global Appeal of European Money, Fight ‘Artificial Currencies’

The digitization of traditional currencies like the euro has the potential to increase their international appeal, the European Central Bank says in a new report. A failure to offer...

Can Bitcoin Win the Influence Game Against CBDCs?

Bitcoin faced an intriguing precedent when it was accepted by a New South Wales court as collateral. Bitcoin Accepted as Collateral in Court Case BTC can be used to serve a...

China Launches Digital Financial institution Consortium Blockchain Funding Fund

A fintech firm in China has launched a worldwide digital financial institution consortium blockchain funding fund with the intention of making a number one digital financial institution. China Turning Digital Cao...

Central Bank Digital Currencies May Arrive Within 3 Years

Deutsche Bank analyst Marion Laboure said that the major central banks that recently formed a think tank to explore digital currencies might take concrete actions within three years. The...

India Plans to Unveil Central Bank Digital Currency Model by Year End

The deputy governor of India’s central bank, the Reserve Bank of India (RBI), says the bank should be able to come up with a central bank digital currency (CBDC)...
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