Search Results for "digital currency"
Hong Kong HKMA Advances CBDC Development with Phase 2 of e-HKD Pilot
The HKMA has initiated Phase 2 of the e-HKD pilot program, focusing on the tokenization and programmability of digital currency.
Riksbank's Final Report on e-Krona Explores Offline Payment Solutions
Sweden's Riksbank concludes its e-Krona pilot, highlighting the development of offline payment technologies like "shadow wallets" and payment cards.
Arthur Hayes: Major Banks to Challenge Tether's Stablecoin Dominance
Major banks set to challenge Tether's stablecoin dominance, leveraging trust, compliance, and technology in a rapidly evolving market.
Ripple Co-Founder Hints Move From US Regulation: “Blockchain and Digital Currencies are not Welcome”
Ripple co-founder Chris Larsen is considering moving Ripple’s base from the United States due to crushing biased regulation.
China’s President Xi Jinping Killed Ant Group’s $37 Billion IPO After Jack Ma Criticism
President Xi Jinping made the decision to stop the world’s largest-ever IPO after Ant Group’s Jack Ma spoke out against China's financial regulation and banking system.
BIS Advances Technology in Finance: Quantum, AI, and Green Initiatives for 2024
The Bank for International Settlements announces six innovative projects for 2024, focusing on quantum security, AI, and green finance, to enhance global financial system resilience.
Jun 03: Crypto is not for the faint-hearted
Welcome to the world of volatility. Crypto never sleeps. Bitcoin got whipsaw squeezing shorts to trade above $10,400 on Monday only to get smashed down to $9,300 with fresh longs capitulated (see chart below).
Mastercard Launches Virtual Platform to Help Governments Test CBDCs
Payment giant Mastercard has unveiled a virtual platform that will enable central banks to assess and explore Central Bank Digital Currencies (CBDCs).
Circle's 2024 USDC Economy Report Reveals Significant Growth in Stablecoin Adoption
Circle's 2024 report on the USDC economy highlights significant growth in stablecoin adoption and usage, with a 59% increase in USDC wallets and over $12 trillion settled in blockchain transactions since its inception.
CBDC Activity Subsidizes Consumption During Lunar New Year
After COVID-19 restrictions were eased, Chinese local governments are pushing the usage of the country's digital currency, the digital yuan, to boost e-CNY use and consumption.
Billionaire investor Ray Dalio has described fiat currency as being in serious jeopardy
Bitcoin is too unpredictable to be "effective money," according to legendary investor Ray Dalio.
British Lloyds Banking Group Recruits Digital Cryptocurrency Experts
British retail banking giant Lloyds Banking Group is looking for digital cryptocurrency experts as a digital currency and innovation senior manager. The starting salary for this position is expected to be £59,040 per year.
