CBDCs Are Worse Than Bank Accounts, Says Blockstream CEO Adam Back
One such is the Bitcoin proponent and Blockstream CEO Adam Back, who said CBDCs are worse than bank accounts. In the latest tweet, Back vouched for Bitcoin as an “apolitical,…
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Reserve Bank of India Is Working on ‘Phased Implementation’ of Central Bank Digital Currency
India’s central bank, the Reserve Bank of India (RBI), is working on a “phased implementation of a central bank digital currency (CBDC) in both wholesale and retail segments.” Necessary amendments…
Regulators across the ocean discuss stablecoins and MiCa at joint forum
The representatives of key regulatory bodies on both sides of the Atlantic have met to exchange their experiences.
Governments Must Collaborate to Properly Regulate or Ban Crypto, Reserve Bank Of India Governor
On July 19, India’s Finance Minister Nirmala Sitharaman said in a speech at the Lok Sabha, the lower house of India’s bicameral Parliament, that crypto is a danger to international…
Harvard Professor Rogoff: Central Banks, Governments Are ‘Way Behind the Curve’ in Regulating Cryptocurrencies
Harvard Professor of Economics and former chief economist at the International Monetary Fund (IMF) Kenneth Rogoff says central banks and governments are “way behind the curve” in regulating cryptocurrencies. He…
Australia’s Central Bank: Digital Assets Issued by Private Firms Could be Better Than CBDCs
Philip Lowe – Governor of the Reserve Bank of Australia – believes cryptocurrencies issued by private companies could provide more benefits than central bank digital currencies (CBDCs), but only after…
ECB’s Lagarde, Panetta See Digital Euro as More Efficient Payment Means Than Crypto
Unbacked cryptocurrencies are not an efficient means of payment and stablecoins are vulnerable to runs, top officials at the European Central Bank have pointed out in a new article making…
Crypto Is Not a Priority For Most Private Banks, FED Survey Concludes
Inflation is raging in the United States, and banks are looking for solutions to cope with this crisis. Still, crypto is not on the radar of financial strategists just yet.…
DeFi for financial services: Alex Tapscott’s ‘Digital Asset Revolution’
Alex Tapscott’s new book breaks down key DeFi concepts for business leaders.
UK’s government-backed Millicent Labs demos a retail full-reserve digital currency
The issuer says the currency avoids pitfalls of central bank digital currency and stablecoins while bridging blockchain and traditional financial technology.
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