Central Bank Digital Currency

While Some Hoard Dollar Bills, Others Envision Germy Cash’s Quick Demise

Is a cash-based society sustainable in the age of coronavirus? Hoarders say yes, health experts say maybe and the visionaries say no: COVID-19 is the catalyst for systemic payments change. This wrecking ball of a virus stands to change the way consumers, and businesses, think about their use of physical currency. In many countries, cash …

While Some Hoard Dollar Bills, Others Envision Germy Cash’s Quick Demise Read More »

China Is Drafting Laws for the Circulation of National Digital Currency

</header> <strong>Amid the coronavirus pandemic, China’s central bank has reportedly completed the basic development of the nation’s central bank digital currency. The central bank is now drafting legislation for its circulation, according to local media. A number of patents have revealed what the digital yuan will be like.</strong> Also read: 2x Bitcoin — Wanna Double …

China Is Drafting Laws for the Circulation of National Digital Currency Read More »

Disney World Economics: How Coronavirus Could Be Used to Justify a Global Financial Reset

</header> <strong>‘What in the world is going on’ has now become a question of real pertinence, instead of just a cliché for common bewilderment. As COVID-19 panic grips the world, ripple effects are crashing markets and effectively canceling economies across the globe, scrawling the writing on the wall for something big. Even the beloved Walt …

Disney World Economics: How Coronavirus Could Be Used to Justify a Global Financial Reset Read More »

Rumors of Bitcoin’s Death Are Greatly Exaggerated

</header> <strong>According to the <a href=”https://99bitcoins.com/bitcoin-obituaries/”>Bitcoin Obituary Page</a>, Bitcoin died 379 times between 2010-2019 of an astonishing array of causes. The number is undoubtedly understated since it is based on a limited sample of obituaries. Despite the glee with which the corpses of Bitcoin are contemplated, however, cryptocurrency thrives because it continues to fill the …

Rumors of Bitcoin’s Death Are Greatly Exaggerated Read More »

Central Bank Officials: DLT Can Improve the Global Financial System

On March 7, three monetary and cryptocurrency experts discussed the challenges and prospects of central bank-issued digital currencies at the Massachusetts Institute of Technology (MIT) Bitcoin Expo 2020. The panelists acknowledged that distributed ledger technologies (DLT) could improve the existing global monetary system, however, argued that significant challenges persist regarding the privacy, interoperability, and scalability …

Central Bank Officials: DLT Can Improve the Global Financial System Read More »

BIS Paper Reckons With P2P Payments, Tokenized Securities, Central Bank Digital Currencies

Researchers at the Bank for International Settlements (BIS) are grappling with the future of payments – so much so that their newest quarterly report, released Sunday, is entirely dedicated to what that potential revolution holds. In its 138-page look at what lies beyond the financial horizon, the Swiss-based institution reckoned with coming trends that may …

BIS Paper Reckons With P2P Payments, Tokenized Securities, Central Bank Digital Currencies Read More »

China’s DCEP Unlikely to Impact Crypto Markets in the Long-term, eToro Analyst Says

China is taking a great leap forward to develop a central bank digital currency, with more than 80 patents filed by the People’s Bank last week. The 84 patents filed on Feb. 13 include proposals related to the supply and issuance of a central bank digital currencies (CBDC) as well as interbank settlements using the …

China’s DCEP Unlikely to Impact Crypto Markets in the Long-term, eToro Analyst Says Read More »

Mainstream Moments and the CompuServe of Crypto, Feat. Andreas M. Antonopoulos

The best Sundays are for long reads and deep conversations. With the price of bitcoin headed up again, the idea of blockchains and digital currencies has never been more palatable to the mainstream. We’ve seen this cycle before, but could this time be different? Today’s discussion features: Today’s episode features audio clips from CNBC, C-SPAN …

Mainstream Moments and the CompuServe of Crypto, Feat. Andreas M. Antonopoulos Read More »

The Top Narratives Driving Crypto Market Growth, Feat. Travis Kling

The halving? Coronavirus and volatility? Fed action? Listeners vote on what’s driving crypto growth. There’s no denying 2020 is off to a roaring start. From prices to volume to social media, sentiment is up, up, up. But what’s driving it? On this special Valentine’s Day episode, @nlw reacts to listeners’ votes about which narratives are driving …

The Top Narratives Driving Crypto Market Growth, Feat. Travis Kling Read More »

Trump’s Fed Nominee Judy Shelton Says US Should Be Proactive on Digital Dollar

Judy Shelton, President Trump’s nominee to the Federal Reserve Board, told lawmakers that digitizing the U.S. dollar could help maintain the currency’s ascendancy in global commerce.  At her Senate confirmation hearing Thursday, Shelton said the U.S. needs fintech innovation to keep ahead of other countries.  “Yes, it is a dominant reserve currency but we can’t …

Trump’s Fed Nominee Judy Shelton Says US Should Be Proactive on Digital Dollar Read More »