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1 min read
Tether to launch tokens pegged to the British pound in an expansion of its lineup of stablecoins
Putting British pounds on the blockchain will provide a "faster, less costly option for asset trans…
Carla Mozée
3 mins read
India’s digital rupee may not necessarily be on the blockchain, according to the country’s central bank
India’s upcoming digital rupee may not necessarily use blockchain technology for RBI’s central bank…
2 mins read
Stablecoins could exist alongside a digital dollar as CBDCs could help secure global payments systems, Fed Vice Chair Lael Brainard says
A CBDC "could coexist with and be complementary to stablecoins and commercial bank money," Brainard…
Carla Mozée
2 mins read
About 93% of global central banks are exploring digital currencies - and that could boost de-dollarization, a report by IMF staff says
Central bank digital currencies "could help de-dollarization or counter "cryptoization"," IMF staff…
Joseph Wilkins
3 mins read
RBI governor still has not thawed on ‘private’ cryptocurrencies — compares crypto hype to ‘tulip mania’
RBI governor Shaktikanta Das claims that cryptocurrencies have no underlying value, not even worth …
3 mins read
RBI gets set to float it's digital currency -- check details here
The Reserve Bank of India (RBI) has made no bones about it being averse to crypto currency, ever…
1 min read
Treasury Secretary Janet Yellen says a central bank digital currency must support the US dollar's global dominance
A CBDC "could become a form of trusted money comparable to physical cash" and offer some of the ben…
Phil Rosen
1 min read
Lawmakers have introduced a bill that would allow the US Treasury to create a digital dollar
US lawmakers proposed a bill for a digital dollar to be issued by the US Treasury, rather than the …
Phil Rosen
3 mins read
Bitcoin could form the backbone for CBDCs, according to a new report
Environmental concerns around Bitcoin have been well documented, but it is still the most valuable …
1 min read
Biden is preparing to sign an executive order to expand US oversight of the $2 trillion cryptocurrency market
The president's pending directive on cryptocurrencies has been in the works long before Russia's in…
Carla Mozée
1 min read
Billionaire investor Charlie Munger compares crypto to a venereal disease and says the US should ban it
Warren Buffett's business partner said some people welcome crypto's usefulness in committing crimes…
Hamza Fareed Malik
2 mins read
India should ban 'Ponzi' private cryptos or risk wrecking the country's financial system, a top RBI central banker has warned
Private cryptocurrencies are worse than a Ponzi scheme, and could wreck India's ability to control …
Hamza Fareed Malik
2 mins read
Fed punts on the creation of a digital dollar in long-awaited report on central bank cryptocurrencies
The Fed said the report wasn't intended to indicate "any imminent decisions about the appropriatene…
Natasha Dailey
2 mins read
Visa is testing a platform that will support central bank digital currencies in partnership with blockchain firm ConsenSys
Payment rival Mastercard already launched a similar CBDC testing platform in December 2020, also in…
Isabelle Lee
2 mins read
A 'Britcoin' would carry financial stability and security challenges and there's 'no convincing case' for one, says House of Lords report
The report from Parliament's upper chamber arrives as the Bank of England explores introducing a di…
Carla Mozée
2 mins read
A US congressman has proposed a bill to limit the Fed's ability to issue its own digital currency
Rep. Tom Emmer said the Fed should not have central authority over the retail accounts of Americans…
Isabelle Lee
1 min read
Private cryptocurrencies and a US central bank coin would be able to coexist, Fed chief Jerome Powell says
The comments were be a shift in tone from July, when the Fed chair said he saw no need for cryptos …
Isabelle Lee
2 mins read
India’s central bank appoints department to regulate crypto exchange, formulate CBDCs
The report also said that the bank is working on two kinds of CBDCs — wholesale and retail — and…
4 mins read
CBDC trial a landmark moment in the history of money: Shaktikanta Das
Reserve Bank of India governor Shaktikanta Das today announced that retail central bank digital cur…
2 mins read
No crypto ban in India — SEBI will reportedly be pulled in to regulate the sector
The Indian government is not looking to ban cryptocurrencies, but to regulate them as ‘assets’. All…