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Private Firms Can Boost Innovation of Central Bank Digital Currency, says IMF

Private Firms Can Boost Innovation of Central Bank Digital Currency, says IMF

A synthetic Central bank digital currency (CBDC) could create new pathways for innovation according to a senior member of the International Monetary Fund (IMF).

IMF Releases New Blog on the Adoption of Stablecoins

IMF Releases New Blog on the Adoption of Stablecoins

The International Monetary Fund (IMF) recently released a blog, “Digital Currencies: The Rise of Stablecoins” outlining the adoption of new digital payment methods.

Stablecoins Could Threaten Monetary Sovereignty and Financial Stability, Says ECB’s Christine Lagarde

Stablecoins Could Threaten Monetary Sovereignty and Financial Stability, Says ECB’s Christine Lagarde

Christine Lagarde, the president of the European Central Bank (ECB), has highlighted that stablecoins could pose a serious threat to monetary sovereignty and financial stability.

New Money Theory Research: Blockchain to Usher in the New Age of Monetary and Financial Freedom

New Money Theory Research: Blockchain to Usher in the New Age of Monetary and Financial Freedom

New Money Theory Research: Blockchain to Usher in the New Age of Monetary and Financial Freedom

Bank of Korea Speeds up Digital Currency Research, States Central Banks are Driven towards DLT

Bank of Korea Speeds up Digital Currency Research, States Central Banks are Driven towards DLT

The Bank of Korea (BoK), South Korea’s central bank and monetary issuer, has released its research on the use of digital currencies and blockchain technology for the banking industry.

List of Important Resources on Central Bank Digital Currency (CBDC)

List of Important Resources on Central Bank Digital Currency (CBDC)

Blockchain has the potential to change the whole monetary and financial industry. But it still has a long way to go, as currently, the money issuance power is in the hands of central banks. The compromised way of welcoming blockchain technology in the monetary and financial industry are the central bank issued stablecoins - CDBC.

Leading Asian Fintech Company WeLab Completes the Largest Ever Fintech Fundraising in China

Leading Asian Fintech Company WeLab Completes the Largest Ever Fintech Fundraising in China

Leading fintech company, WeLab announced on Dec. 12 that it has raised US$156 million in Series C of strategic financing, becoming the largest fintech fundraising in China so far. WeLab was one of the first virtual banks established in Hong Kong, after receiving a virtual banking license from Hong Kong’s de facto central bank, the Hong Kong Monetary Authority (HKMA) in April 2019.

China Declares Bitcoin as Virtual Property with Monetary Value

China Declares Bitcoin as Virtual Property with Monetary Value

China has taken a new step with an important legal precedent regarding Bitcoin in a property dispute case in Hangzhou. Read more about how this case affirmed the legal status of Bitcoin as a virtual property with protection under Chinese law.

Dr. Alicia Garcia-Herrero's Take on China’s CBDC and Facebook’s Libra

Dr. Alicia Garcia-Herrero's Take on China’s CBDC and Facebook’s Libra

In Part 2 of the interview, Garcia-Herrero explained the disruption of China’s CBDC – digital currency electronic payment (DCEP) on China’s monetary system. She also commented on the basket of currencies that Facebook’s Libra supports and Libra’s potential threat to monetary sovereignty.

Elon Musk and Joe Rogan Slam US Stimulus Money Printing and Incoming Inflation

Elon Musk and Joe Rogan Slam US Stimulus Money Printing and Incoming Inflation

Elon Musk appeared on the Joe Rogan Experience for the second time and had a few choice words regarding the coming inflation and creative monetary issuance coming into play due to the COVID market meltdown.

How Far Away is Japan’s CBDC? Bank of Japan Meets with Monetary Authorities on Potential Digital Yen Issuance

How Far Away is Japan’s CBDC? Bank of Japan Meets with Monetary Authorities on Potential Digital Yen Issuance

Japan’s Monetary Authorities Get Serious About CBDC Research and Roll Out

IMF Educational Cryptocurrency Video Receives Backlash from Bitcoin and Crypto Experts

IMF Educational Cryptocurrency Video Receives Backlash from Bitcoin and Crypto Experts

A video posted by the International Monetary Fund (IMF) on its social platform has generated a lot of criticism from the cryptocurrency community.

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