Latest News on ECONOMY

CBDC:Asia

Bank of Japan Now Considers its CBDC Project a Top Priority

A review of the recent uptick in activities and as confirmed by a Bank of Japan’s senior official, Japan now considers its CBDC project a top priority

Godfrey Benjamin

Jul 30, 2020

| 2 Min Read

#BLOCKCHAIN #DIGITAL #CURRENCIES #CBDC #BANK #JAPAN #YEN #DIGITAL #YUAN #ECONOMY

Bitcoin

Bitcoin Price Bull Run Will Hit All Time High in 2020, Predicts Billionaire Bitcoin Investor

The Bitcoin price is heading to $20,000 by the end of 2020 according to billionaire cryptocurrency investor Michael Novagratz, CEO, of Galaxy Digital.

Lucas Cacioli

Jul 29, 2020

| 4 Min Read

#BLOCKCHAIN #BITCOIN #BITCOIN NEWS #BITCOIN PRICE #GALAXY DIGITAL #EXCHANGE #STIMULUS #INFLATION #ECONOMY #COVID-19

Ethereum

Ethereum Launches Final Testnet Before Officially Releasing ETH 2.0 Mainnet

The software developing team for Ethereum 2.0 has finally announced that they will be launching ETH 2.0’s testnet on August 4.

Shine Li

Jul 24, 2020

| 3 Min Read

#BLOCKCHAIN #BITCOIN #ETHEREUM #ETH #TESTNET #MAINNET #DEVNET #ALTONA #MEDALLA #GENESIS #CRYPTOCURRENCY #ECONOMY #CORONAVIRUS #FINTECH

CBDC:Americas

Senate Hearing Views Digital Dollar CBDC as Critical to Maintaining Global Reserve Currency Status

The United States government’s plan for its digital dollar or central bank digital currency (CBDC) may have just reached a new level of urgency, as the US hopes to maintain its most effective tool of power—global dependence on the Federal Reserve and the US dollar.

Lucas Cacioli

Jul 23, 2020

| 3 Min Read

#SENATE #DIGITAL DOLLAR #UNITED STATES #CHINA #YUAN #CBDC #FEDERAL RESERVE #GLOBAL #CURRENCY #ECONOMY

Industry

Credit Giant MasterCard Grants Wirex First Principal Membership License

Wirex has become the first native cryptocurrency platform to be granted a principal membership license from credit giant Mastercard as part of their accelerated expansion into digital assets.

Lucas Cacioli

Jul 20, 2020

| 2 Min Read

#MASTERCARD #CREDIT #BLOCKCHAIN #BITCOIN #WIREX #PRINCIPAL #LICENSE #ADOPTION #CONSUMER #ECONOMY #FINANCE #INDUSTRY

Bitcoin

Bitcoin Economy Gives El Salvador Village Hope Amidst COVID-19

Despite being heavily impacted by the COVID-19 pandemic, a small beach town in El Salvador, dubbed El Zonte, have strived to keep their economy afloat with the integration of Bitcoin as a digital currency.

Shine Li

Jul 15, 2020

| 4 Min Read

#BLOCKCHAIN #BITCOIN #EL SALVADOR #COVID19 #CORONAVIRUS #PANDEMIC #ECONOMY #BITCOIN BEACH #CRYPTOCURRENCY #LIGHTNING NETWORK #BTC

CBDC:Asia

Japan Will Include Central Bank Digital Currency in Honebuto Economic Plan

The Japanese Government has continued its acceleration towards a Central Bank Digital Currency (CBDC) and is set to include its consideration in its formal economic plan.

Lucas Cacioli

Jul 15, 2020

| 2 Min Read

#CBDC #JAPAN #ECONOMY #CENTRAL BANK #BOJ #HONEBUTO #DIGITAL CURRENCY #FINANCE #ECONOMICS

Bitcoin

‘Rich Dad, Poor Dad’ Author Kiyosaki Praises Bitcoin, and Says “Bitcoin is In, Real Estate & Gold are Out”

In a talk radio segment, New York Bestseller Robert Kiyosaki and crypto investor Anthony Pompliano discussed the growth of Bitcoin (BTC) and the major role the cryptocurrency will play in the future.

Shine Li

Jul 10, 2020

| 2 Min Read

#BLOCKCHAIN #BITCOIN #CRYPTOCURRENCY #ROBERT KIYOSAKI #RICH DAD POOR DAD #BTC #FIAT MONEY #HALVING #COVID-19 #ECONOMY

CBDC:Europe

ECB Plans to Lead CBDC Exploration to Unleash Global Power of the Euro

Fabio Panetta, a member of the Executive Board of the ECB, stated in his address to the European Parliament that the ECB intends to remain at the forefront of discussions concerning the nature of money in a digital world, including the exploration of the desirability and feasibility of establishing a central bank digital currency (CBDC).

Lucas Cacioli

Jul 07, 2020

| 3 Min Read

#EUROPE #ECB #CBDC #CENTRAL BANK #DIGITAL PAYMENTS #MONEY #INTERNATIONAL #ECONOMY #FINANCE

Opinion

Regulated Blockchain Will Power Central Bank Digital Currencies

So far, the story of blockchain has been one of new financial services built on decentralised technology. As the continuing prominence of Bitcoin demonstrates, these decentralised finance, or DeFi, applications have built up a following amongst a band of loyal supporters.

by Zurab Ashvil

Jul 07, 2020

| 4 Min Read

#BLOCKCHAIN #BITCOIN #CBDC #L3COS #ECONOMY

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