I know everything I am looking for is here, watch movies, watch series, education, games, exams, news, current events and many more.
“# Hong Kong and China test cross-border digital yuan, says PBoC official ” China has completed its first cross-border pilots of the digital yuan with Hong Kong. Wang Xin, director of the People’s Bank of China research bureau, said that the Hong Kong Monetary Authority and the PBoC have conducted technical tests on the cross-border…
“# Digital euro could take four years, says ECB president Christine Lagarde ” It could be a while before European Union gets a central bank digital currency, if it gets one at all. In a Wednesday interview with Bloomberg Television, European Central Bank President Christine Lagarde laid out the complex decision-making process with which the bank will…
“# Digital ruble is ‘highest form of money’, Russian Bitcoin critic says ” Anatoly Aksakov, chairman of the Russian State Duma Committee on Financial Markets, believes that the country’s not-yet-launched digital currency is the “highest form of money.” In a Monday interview with state media RT, Aksakov expressed optimism about Russia’s upcoming central bank digital…
“# Bahamas’ Sand Dollar nears commercial rollout as interoperability completed ” The Central Bank of the Bahamas has announced that its central bank digital currency, the Sand Dollar, is expected to achieve full interoperability between its various wallet providers within the week. A recent statement released by the CBoB revealed that authorized financial institutions, or…
“# China’s digital yuan os backup to AliPay and WeChat Pay, says official ” China’s central bank digital currency, or CBDC, will provide backup for major retail payment services like AliPay and WeChat Pay as its key objective, according to an official at the People’s Bank of China. Mu Changchun, head of the People’s Bank…
“# Jamaica’s central bank taps Irish tech outfit for CBDC project ” Jamaica is the latest country making concrete efforts towards issuing its own sovereign digital currency. According to a press release by the Bank of Jamaica on Tuesday, eCurrency Mint, a cryptography security company specializing in central bank digital currency issuance has been selected…
“# Microsoft president says fintechs should leave currency to central banks ” For Brad Smith, president of the Microsoft Corporation, fintech firms have no business issuing private digital currencies. According to Bloomberg, Smith gave these remarks while speaking at an online conference organized by the Bank for International Settlements. As part of his address, Smith…
“# German federal bank runs successful blockchain system without a CBDC ” Germany’s federal bank, the Deutsche Bundesbank, has run successful tests on a project which bridges the traditional finance infrastructure with blockchain technology. Despite the current global rush by central banks to familiarise themselves with central bank digital currency technology, the testing carried out by the…
“# China’s digital yuan will offer best privacy protection, says official ” Chinese authorities are willing to ensure maximum user privacy for the country’s central bank digital currency, or CBDC, according to an official at the People’s Bank of China. Mu Changchun, head of the People’s Bank of China’s digital currency research institute, spoke of…
“# Bitcoin is ‘more a substitute for gold than the dollar’ — Fed Chair Powell ” While Bitcoin (BTC) is too volatile to be money and “backed by nothing,” it could be a “substitute for gold,” says the Chair of the United States Federal Reserve. Speaking at an event hosted by the Bank for International…