Brainard tells House committee about potential role of CBDC, future of stablecoins
The Fed vice chair told the House Financial Services Committee that a CBDC offers stability, interoperability in increasingly complex economic system.
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Blockchain tech offers multiple paths to financial inclusion for unbanked
Millions of people in parts of the world lead limited economic lives, but opportunities to enter the digital economy are coming to many of them.
SWIFT probably won’t exist in 5 years: Mastercard CEO
Michael Miebach, CEO of Mastercard told an audience of blockchain executives that he expects SWIFT to phase out of existence in as little as five years' time.
Thailand Exempts Crypto Transfers From VAT Until End of 2023
Authorities in Thailand have formally introduced a value-added tax (VAT) exemption for transfers of cryptocurrencies through government-approved exchanges. The tax break, in force until the end of next year, will…
Brazil’s Largest Crypto Exchange Partners With Stellar To Work on a CBDC
On May 24, Mercado Bitcoin, the largest cryptocurrency and digital asset platform in Latin America, announced its partnership with the Stellar Development Foundation (SDF) to participate in the development of…
Mercado Bitcoin partners with Stellar to create MVP for Brazilian CBDC
Cryptocurrency companies unite to create use cases for Brazil’s CBDC with central bank approval.
Get Real, Lagarde — The Underlying Asset ‘Guaranteeing’ Your Euro Scam Coin Is a Gun
With the approaching tsunami of central bank digital currencies (CBDCs) looming ever closer, it shouldn’t come as a surprise when central banks shill their coins at the expense of sounder…
WEF 2022: Bankers at WEF see the need for caution and speed on central bank digital currencies
Experts point out sticking points as well as greatest needs in the creation of central bank digital currencies for domestic and cross-border, wholesale and retail, uses.
Christine Lagarde’s Son Is a Crypto Investor Despite Her Anti-Bitcoin Stance
The President of the European Central Bank (ECB) – Christine Lagarde – reiterated her negative stance on cryptocurrencies, claiming they are “based on nothing” and should be strictly regulated. Nonetheless,…
WEF 2022: PayPal looks to embrace all possible crypto and blockchain services
PayPal is doing its best to bring all possible blockchain and cryptocurrency integrations to its platform, the firm's vice president Richard Nash said.
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