Stablecoins Now Recognized By US Banking Regulator
According to the latest reports, the Office of the Comptroller of the Currency (OCC) will let US banks use public blockchains and stablecoins as a form of settlement infrastructure in ...
Tag: central bank digital currency (CBDC)
Digital Currencies Will Gain Mass Adoption Soon – Jeremy Allaire
During the Singapore Fintech Festival, top executives from Circle, Facebook’s ‘Diem’ Association, Coinbase, and Soramitsu discussed when and how digital currencies will go mainstream. While speaking at this event, Circle ...
What is Central Bank Digital Currency?
The total number of nations exploring the concept of central bank digital currency (CBDC) is actively growing. Interestingly, the transformation journey for decentralized finance commenced way back more than a ...
US Is Losing Tech Cold War To China, Ripple Co-founder Says
Ripple’s executive chairman has recently slammed the United States lawmakers for losing the blockchain arms race to China. While speaking at the LA Blockchain Summit conference on Tuesday, Chris Larsen, ...
European Central Bank Intensifies Digital Euro Development
On October 2, the European Central Bank (ECB) published an extensive report on the probable issuance of a digital euro. The currency is currently under development and was approved by ...
Many Americans Oppose A Digital Dollar, Survey Shows
The crypto industry is growing rapidly. Governments and central banks that do not want to be left behind are now developing regulated Central Bank Digital Currencies (CBDCs) to compete with ...
Blockchain Payments Platform Available For Commercial Use, MAS Says
The Monetary Authority of Singapore (MAS) announced on July 13 that it is ready to launch its multi-currency blockchain payments project for commercial use. The authorities said that Project Ubin ...
Libra And CBDCs Wrestle For Supremacy, Could Bitcoin Be The Darkhorse?
About a year ago, Facebook introduced its Libra token that had financial inclusion as its primary goal. After that announcement, many governments, policymakers, and central banks throughout the world were ...
Digital Euro Now Breathing At The Bank Of France
The crypto space is growing continually despite the current economic conditions. In that context, reports emerged on May 20 that the French central bank successfully tested a digital Euro. Based ...
CBDCs May Reshape The Future Of Financial World
In the past ten years, cryptocurrencies and digital assets have continually changed the global economic space. Now, investors and commentators are convinced that stablecoins and central bank digital currencies (CBDCs) ...
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