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Bank of America says stablecoin adoption and CBDC is ‘inevitable’
A recent note from Bank of America analysts said that a CBDC would differ from digital currencies currently available because it would be the liability of the Federal Reserve, not…
Law Decoded: When central banks seek public discussion, Jan. 17–24
As the Federal reserve releases its position paper on CBDCs, the Russian Central Bank instigates yet another crypto ban scare.
‘Ponzi Schemes Have Created a Negative Reputation for the Industry’ — Uganda Blockchain Advocate
Education and awareness campaigns are still viewed as important channels that draw people to cryptocurrencies and blockchain. This has been particularly true in some parts of Africa where bitcoin and…
Bank of Korea completes first phase of digital currency pilot
The second phase of the CBDC mock testing is expected to complete by June this year
Vibe killers: Here are the countries that moved to outlaw crypto in the past year
From Bolivia to China, governments sought to restrict crypto-related activity for various reasons and with different tools.
Decentralized and traditional finance tried to destroy each other but failed
Crypto to prevail over the traditional financial system, instead, competing industries started to adopt each other's technologies and cooperate.
Russian Banks Begin Testing Digital Ruble Payments
Banks in Russia are preparing to dive into the pilot phase of the digital ruble project and some are already testing transactions with the currency. Trials have started with customer-to-customer…
Iran to Pilot ‘National Cryptocurrency,’ Considers Blockchain Tech for Stock Market
The Central Bank of Iran soon plans to launch the pilot phase of its digital currency project, an official unveiled. The Islamic Republic hopes to a join a growing club…
Fed issues discussion paper on benefits and risks of a digital dollar
"The Federal Reserve would only pursue a CBDC in the context of broad public and cross-governmental support," said the recently published paper.
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