February 18, 2020 DeCurret Partners with KDDI to Test Digital Currency The crypto exchange is planning to work on a joint project with the Japanese telecom giant to test digital currency in cafes. As the origin of cryptocurrency, Japan often leads the way when it comes to joint projects between companies in different fields, united by their desire to lead the pack in innovation.…
February 14, 2020 Bahamas Digital Dollar to Roll out Across All Islands in H2 2020, Governor Says The Central Bank of the Bahamas plans to adopt the Bahamian digital dollar pilot in the second half of 2020. While major industry actors argue that central bank digital currencies (CBDC) are years or decades ahead, the Bahamas plan to adopt a CBDC no later than 2020.John…
February 14, 2020 Fed Nominee: Need for a Digital Dollar is an “Extremely Important Discussion” Fed Nominee Judy Shelton speaks about the need for a digital dollar at a confirmation hearing in the US Senate. Treasury Secretary Steven Mnuchin wasn’t the only one to make waves at the U.S.…
February 13, 2020 China takes additional steps to digitise the renminbi The People’s Bank of China files for multiple patents related to digital currency. China has been leading the way when it comes to digital payments by average consumers in the country.…
February 12, 2020 Conservative U.S. Think Tank Denies Need for Federal Digital Currency U.S. think tank the Heritage Foundation argues that the authorities should ensure consumers can use the preferred currency, instead of launching a digital one. Conservative United States think tank the Heritage Foundation argues that instead of launching a central bank digital currency (CBDC), the government should ensure that the public can use the currencies they prefer, including private ones.In…
February 12, 2020 Bitcoin Faces Off Against Orwellian Dystopia of Government Surveillance, No Cash and Digital Currency Accounts In the latest episode of the Unchained podcast, host Laura Shin interviews Alex Gladstein, chief strategy officer at the Human Rights Foundation.…
February 11, 2020 US Congressman Challenges Fed Chair on Threat of China’s Digital Currency U.S. Congressman Bill Foster urges the head of the Federal Reserve to accelerate plans for central bank digital currency at semiannual monetary policy hearing. United States Congressman Bill Foster (D-IL) has questioned the Chair of the Federal Reserve Jerome H.…
February 11, 2020 Japan Eyes Digital Yen to Modernize Financial Infrastructure As It Faces a Shrinking and Aging Population A senior Japanese lawmaker is urging the government to create its own digital yen. In the wake of China’s plans to launch a digital yuan and Facebook’s efforts to release Libra, a stablecoin that could reach a user base of over 2.5…
February 10, 2020 Japanese Official Calls for Urgent Development of Digital Yen to Counter China Japanese lawmaker Kozo Yamamoto said today that the government should include the digital yen plan in its mid-year policy. Another Japanese lawmaker has publicly called for the swift development of the digital yen.The…
February 8, 2020 If Cash Disappears, It Will Be an Extreme Departure From the Current Balance of Financial Privacy, Says Analyst Rohan Grey, president at Modern Money Network, a student-led program for promoting public understanding of money, finance, law and the global economy, says the end of cash in favor of digital currencies run by governments will tip the balance of political power.…
February 6, 2020 Major Central Banks to Discuss Digital Currencies Amid IMF Conference Six major central banks will reportedly meet in April to discuss central bank digital currency development. Six major central banks will meet in April to discuss the development of central bank digital currencies (CBDC).The…
February 3, 2020 With No Access to PayPal, Square or Revolut, Bermuda Wants to Go All-in on Crypto Denis Pitcher, chief fintech advisor to the Premier of Bermuda, is discussing his government’s efforts to facilitate blockchain adoption and the use of cryptocurrency to enable greater financial inclusion for the island country’s 65 million residents.…
