CBDC stands for "central bank digital currency," a new type of currency that governments around the world are experimenting with. What sets CBDC apart from traditional currencies is that proponents hope it can use a new payment technology, usually blockchain, to potentially increase payment efficiency and lower costs.
CBDC stands for "central bank digital currency," a new type of currency that governments around the world are experimenting with. What sets CBDC apart from traditional currencies is that proponents hope it can use a new payment technology, usually blockchain, to potentially increase payment efficiency and lower costs.
G7 financial executives met in Washington yesterday to discuss central bank digital currencies and endorse public policy principles for their implementation.
Philip Hammond, the former UK finance minister, believes that regulators need to change their attitudes towards cryptocurrencies in order not to "fall behind" the competition.
CBDC stands for "central bank digital currency," a new type of currency that governments around the world are experimenting with. What sets CBDC apart from traditional currencies is that proponents hope it can use a new payment technology, usually blockchain, to potentially increase payment efficiency and lower costs.
John Cunliffe, Deputy Governor for Financial Stability at the Bank of England, spoke about the risks that cryptocurrency poses to the financial system. He specifically mentioned stabelcoins, decentralized financing, and derivatives trading on unsecured digital assets.
Minterest aims to funnel all fees, interest, and revenue back into the protocol for its users.
Large South Korean companies are investing in cryptocurrency and blockchain startups, and the country's leading cryptocurrency exchange is sponsoring sports projects.
Lawmakers in Australia have drafted a law that would allow authorized agencies to seize digital assets or freeze cryptocurrency transactions linked to cybercrime.
This is the first expansion of the service to work with digital assets of the payment company. Previously, the organization allowed only U.S. residents to work with crypto-assets
"Hacking" blockchain is nearly impossible, but what makes decentralized registries "unhackable"?
Judging by fundamentals such as trading volume, bitcoin (BTC) is becoming an increasingly serious competitor for key financial players in the traditional sector.
The deadline to notify customers comes today. More than 60 cryptocurrency exchanges in South Korea must notify customers of a partial or complete suspension of trading by midnight Friday, Reuters reported. The country's new rules for cryptocurrency companies begin to take effect a week later.
