Search Results for "currency"
Bank of Japan Sets Up New Research Team For Digital Yen CBDC Development
Japan’s central bank has recently revealed that it has created a new team to research on Central Bank Digital Currencies.
Bank of Japan to Launch CBDC Proof-of-Concept in 2021
The Bank of Japan (BOJ) has revealed its plan to kick start an early proof-of-concept on the issuance of its central bank digital currency (CBDC) next year.
PayPal CEO Dan Schulman Says He is Bullish on Bitcoin As a Currency
PayPal CEO Daniel Schulman noted in an interview with CNBC that he is bullish on the future of Bitcoin, cryptocurrencies, and Central Bank Digital Currencies
Hong Kong to Host Fixed Income and Currency Forum 2025
The Securities and Futures Commission and the Hong Kong Monetary Authority will host the Hong Kong Fixed Income and Currency Forum 2025 on September 25, aiming to bolster Hong Kong's position in global FIC markets.
Scholar Disagrees BTC as the medium of Legal Tender
Roger Svensson, Associate Professor of the Institute of Industrial Economics, suggests that Bitcoin (BTC) is unsuitable as a medium of flat money for international currency.
Central Bank Digital Currencies Are Not Like Bitcoin or Cryptocurrency
CBDC are digital assets, but they are not cryptocurrencies and in fact strike at the heart of the very philosophy that brought Bitcoin into existence.
BitMEX to Launch BMEX Token Trading on Friday
Crypto exchange Bitmex has announced it will launch the trade of its BMEX token on 11 November.
First in the World? Lithuania Central Bank Approved Blockchain-based Digital Collectible
Implementing a unique new idea will be the Bank of Lithuania in introducing the world’s first blockchain – based digital coin collectible.
Turkish Central Bank Announces Partnership with Technology Firms to Develop CBDC
Turkey’s central bank has expanded its commitment towards launching a CBDC. The monetary authority has formed partnerships with technology firms to develop a prototype of a national digital currency.
IMF Concerns El Salvador Bitcoin Adoption as Legal Tender
The International Monetary Fund (IMF) expressed their concerns over the recent adoption of legalising Bitcoin (BTC) as a legal tender in El Salvador.
Goldman Sachs Warns Inflation Threatens US Dollar’s Role as Global Reserve Currency
Goldman Sachs strategists say risks to the U.S dollar’s reserve status include increasing pandemic and political uncertainty and rising debt.
BRICS Alliance Considers Creating New Currency
The BRICS alliance, comprised of Brazil, Russia, India, China, and South Africa, is reportedly exploring the possibility of creating its own currency, according to a top Russian official. Alexander Babakov, State Duma Deputy Chairman, stated that the currency could be based on new monetary ties and could be secured by gold and other commodities. The move is seen as a way to distance the BRICS nations from US dollar hegemony and to promote their shared objectives.
