Japan’s Liberal Democratic Party urges the Government to consider digital currency options
Members of Japan’s ruling Liberal Democratic Party have put forward a proposal urging the government to prepare to issue a digital currency.
Central banks call for digital currency as China powers ahead
With China set to be the first nation to release a sovereign digital currency, central banks around the world are positioning to follow.
German central banker warns against a digital euro
The head of Germany’s central bank, Dr. Jens Weidmann, told Handelsblatt that the European Union should refrain from launching a digital euro. Instead, banks should improve their payment services to compete with the growing cryptocurrency market.
The ECB is the latest central bank to discuss issuing a CBDC
The President of the European Central Bank, Christine Lagarde, says the ECB needs to stay ahead of the curve when it comes to digital currencies. Will the European Central Bank be the first to deploy a central bank digital currency?
Deutsche Bank says crypto could replace cash by 2030
A new report by Germany’s largest lender, Deutsche Bank, suggests that blockchain-powered digital currencies could replace cash payments within the next decade. The report says that fiat currency as we know it today may soon give way to new alternatives.
The age of the sovereign digital currency is here
As regulators around the world seek to delay Facebook's Libra, central banks are racing to launch sovereign digital currencies.
German banks want a digital Euro
The Association of German Bank, which represents the interests of 200 German lenders, has come out in support of a “programmable digital euro.”
Bank of Japan confirms no plans for a Central Bank Digital Currency
The Governor of the Bank of Japan dismissed the possibility of the central bank issuing a digital currency at a press conference after a G20 meeting between finance leaders and central banks.
Utopia or Dystopia?
Cryptocurrencies and decentralized applications have the potential to increase independence, freedom, and financial sovereignty for individuals across the planet. Conversely, these technologies could also lead us down a dark path of surveillance capitalism and oppression by the state.
Libra launch date unchanged despite backlash from European regulators
French and German regulators have launched a new attack on Facebook’s Libra, saying that it is a threat to the financial sovereignty of nations. In response, the Libra Association has doubled down, promising to work with regulators, but committing to a 2020 launch.
Launch plan for China’s central bank digital currency accelerates
New reports have provided fresh insight into China’s central bank digital currency. It may be launched as soon as November and will be first issued to seven leading Chinese institutions.
Battle of the global reserve: Crypto vs the dollar
Since the demise of the pound sterling, the dollar has been the global reserve currency. Now Bank of England governor Mark Carney says the next reserve could be digital.
Stablecoin economy set for continued growth
The stablecoin ecosystem is rapidly evolving — with banks, big tech, and crypto startups all clamoring to offer blockchain-based versions of fiat currencies.
China pushes ahead with central bank digital currency
Protests in Hong Kong and a trade dispute with the U.S. have put China in the eye of the economic storm. The People's Bank of China has been testing a digital currency, and this week it announced that it is ready.
India set to ban cryptocurrency and launch the digital rupee
India is moving closer to a ban on Bitcoin and other cryptocurrencies that would criminalize users. The Indian government remains open to distributed ledger technology, however, and a new report recommends the launch of the digital rupee.
