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Lebanese Central Bank is Preparing to Launch a Digital Currency in 2021
Amid the financial chaos, Banque du Liban, the central bank of Lebanon, is preparing to launch a digital currency project in 2021 to restore confidence in banks and financial institutions.
UK To Research CBDC and Regulate Private Stablecoins
The United Kingdom has officially announced its interest in regulating private stablecoins and researching a Central Bank Digital Currency (CBDC). Yesterday on November 9,...
Winklevoss: New Stimulus Bill is a ‘code for buy Bitcoin’
Famous Crypto figure and Gemini co-founder Tyler Winklevoss greeted Jerome Powell's recent stimulus announcement, calling it a code for buying Bitcoin. Last night, the...
The PBoC Processed 4 Million Transactions With Digital Yuan
The People's Bank of China (PBoC) reached 4 million transactions so far with its digital yuan, reports Bloomberg. The digital yuan is a Central...
Russia on CBDC: First-Mover Advantage Brings Financial Instability
Today, an important Russian political figure revealed that the country does not seek to be the first one to launch a digital currency. The...
Chairman Says US Fed has not Made a Final Decision to Issue a CBDC
Jerome Powell, the chairman of the US Fed, the central bank of the US, says that a final decision about issuing a central bank...
Blockchain Could Boost Global GDP by $1.76 Trillion Over the Next Decade, Says PwC...
According to the latest report by PwC, a global network of different firms providing professional services to organizations and individuals, blockchain technology has the...
South Korea Progresses With CBDC, Plans to Distribute Digital Won in 2021
South Korea aims to enter the arena of Central Bank Digital Currency (CBDC) as a serious contender, planning to distribute its Digital Won as...
IBM Blockchain Technology to Support Bank of Thailand’s Government Savings Bond
Bank of Thailand launched the world's first government savings bond on a blockchain platform. IBM Blockchain collaborates with Thailand's central bank to offer the...
People’s Bank of China reveals Digital Yuan as mandatory, to be treated like cash
The People’s Bank of China (PBOC) revealed today that the new digital yuan will be mandatory to deal with and that it will be...
