India to have world’s first crypto friendly financial institution along side traditional banking

Reserve Bank of India (India’s Central Bank ) fought to their last breath against crypto firms with a blanket crypto ban till mid of this year, till Supreme Court of India overturned the ban after 2 years. This was a…

FED Chair on CBDCs: America Wants to Get It Right not First!

According to FED Chairman Jerome Powell, the US will not unveil a digital dollar unless all the questions surrounding it are resolved. Responding to concerns that other countries were closing in on finalizing their digital currencies and unveiling them, Powell…

The European Central Bank will Consider Digital Euro Study Next Year

An October 2, report revealed that a digital euro could be on the way. The report stated that the European Central Bank could begin serious studies on the digital euro next year. The report looked into how a digital euro…

Anthony Pompliano: Fed’s actions bad for dollar, good for Bitcoin

In the middle of a devastating pandemic as well as crushing economic downturn, the Federal Reserve’s attempts to control inflation are likely to tank the dollar and boost Bitcoin, according to Morgan Creeks Anthony Pompliano. The Fed is racing against…

Global Compatibility will determine the CBDC Race, says Expert

Douglas Arner, director at Asian Institute of International Financial Law at the University of Hong Kong, believes that international interoperability will become the cornerstone of the CBDC race. While speaking at the unitize Blockchain conference on July 14, he argued…

Bank of England considering a CBDC

News of a possible English CBDC are coming out of London after Bank of England governor Andrew Bailey revealed that they considering a digital currency. The head of the top bank made this public in a webinar while addressing some…

Visa Crypto Chief: CBDC most important trend in payments in the coming decade!

Central Bank Digital Currencies or CBDCs may just be one of the most important developments over the next decade according to Visa’s head of crypto, Cuy Sheffield. Sheffield tweeted that “as governments evaluate CBDC, the path they decide to take…

Former NASDAQ Vice-chair: U.S Digital Dollar is Coming!

The father of the Jobs act” David Weild IV, believes that the issuance of the digital dollar is imminent and the U.S government should stop delaying it. Weild served in the Obama era as the vice-chairman of the NASDAQ and…

Cardano Founder: Crypto is a Political Movement

Participating in the crypto market is an inherently political act according to Cardano (ADA) creator Charles Hoskinson. Charles made the statement during a Q&A session he was conducting on YouTube. Crypto disruptions will get pushback During the session, Charles argued…

Saudi Central Bank Deposits to Local Banks through Blockchain

The Saudi Arabian monetary authority SAMA, the country’s Central Bank announced that it used Blockchain technology to transfer funds to local banks. An official SAMA statement said that the funds were part of the banks initiative to enhance its “capabilities…