Ripple co-founder Chris Larsen is not too impressed with the United States after failing time and time again to create a satisfactory token environment. Falling behind financial system control race During the LA Blockchain Summit conference in October 6, Chris…
CBDCs are Risky According to the Central Bank of Canada
Canada’s central bank recently put out a report on the risks and benefits of a central bank digital currency in an October 5 report. The report pointed to security risks that a CBDC would bring about. Canada’s top bank wrote;…
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…
ECB President, Lagarde, Pushes for Central Bank Digital Currency
The president of the European Central Bank (ECB), Christine Lagarde, has thrown her weight behind the bank’s active involvement in the development of a central bank digital currency (CBDC) to address the demand for faster and cheaper cross-border payments. Speaking…
China’s Top Bank says that a Government Backed Digital Currency is Close
The people’s bank of China has said that it is progressing smoothly with its development of a government backed digital currency. The bank issued this statement during a conference in Beijing that was held on Jan 2-3 according to an…
Chinese Economists Divided on Beijing Issuing its own Coin
Economic experts from China reportedly do not agree on the future of the Blockchain according to a survey from internet giant Tencent. The survey was conducted by Tencent’s financial science and technology Think tank where they sent questionnaires to a…
Iran Could Soon Unveil her very Own State Backed Crypto-currency
According to local English language news outlet Aljazeera, Iran could unveil its state-backed crypto-currency at the Electronic banking and payment systems conference in Tehran this week. The country which has been marred by sanctions, including fresh ones from the United…
High Stakes Trial of Avi Eisenberg Involves Alleged 110 Million Dollar Theft from Mango Markets Crypto Exchange
In the high-stakes trial of Avi Eisenberg, a 28-year-old trader, federal jurors in New York were presented with divergent narratives regarding his alleged manipulation of the Mango Markets cryptocurrency exchange, resulting in the theft of a staggering $110 million. The…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a transformation that is sending shockwaves through the market. Regardless of whether you are an experienced BTC price speculator or a newcomer to the crypto arena,…
