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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   


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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   


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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   


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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…

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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…

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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 …

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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   


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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   


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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 …

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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   


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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   


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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   


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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   


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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…

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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   


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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   


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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   


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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   


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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…

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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…