Consensus 2022: Web3, unpacking regulations, and optimism for crypto’s future
Despite crypto winter, the conference drew in 17,000 people to discuss the crypto regulatory landscape, Web3 development and the future of digital assets.
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Report: Kenyan and Nigerian Central Bankers Attack Cryptocurrencies but Endorse CBDCs
Cryptocurrencies are very unstable for them to become a widely used method of payment, the Nigerian and Kenyan central bankers have reportedly said. In addition, the bankers claim that cryptocurrencies…
India’s Central Bank Is Constantly Engaged With the Government on Crypto: RBI Chief
India’s central bank is constantly engaged with the government on cryptocurrencies, the Reserve Bank of India (RBI) Governor said on Wednesday. “I can say that on all issues there is…
Digital Real Will Be Used by Banks in Brazil as Collateral to Issue Their Own Stablecoins
The Brazilian central bank digital currency (CBDC), the digital real, will be more of a wholesale asset instead of a public retail-focused token, according to statements from the president of…
‘CBDCs are the natural evolution,’ says HyperLedger director Barbosa
In an interview filmed during the World Economic Forum in Davos, Daniela Barbosa gives the floor to enterprise blockchains and the future of currencies.
105 Countries Are Exploring Central Bank Digital Currencies, CBDC Tracker Shows
There are now 105 countries that are exploring central bank digital currencies (CBDCs). Among them, 50 countries are in an advanced phase of digital currency exploration (development, pilot, or launch).…
37% of Survey Participants Want Bitcoin Legalized Inside Their Countries
A recent study conducted by The Economist estimated that 37% of the participants want their governments to declare bitcoin or other cryptocurrencies as legal tender for internal transactions. Central bank…
India’s Central Bank Deputy Governor Says CBDCs Can Kill Cryptocurrencies
Betting on India’s impending launch of CBDC, T Rabi Sankar, Deputy Governor of the nation’s central bank, the Reserve Bank of India (RBI), dismissed the idea that stablecoins should be…
CBDCs can “kill” private crypto: India’s RBI deputy governor to IMF
“One of the reasons it is so successful is because it's simple,” he added while comparing the Unified Payments Interface's (UPI) growth with blockchain technology.
Brazilian central banker describes how CBDC system can halt bank runs
In constructing its Real Digital, Brazil's central bank is developing mechanisms that can freeze citizens' conversion to CBDCs in the event of a bank run.
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