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JPMorgan: Square’s $50M Bitcoin Holding is “a Vote of Confidence” for Crypto

American multinational investment bank and financial service holding company JPMorgan has affirmed that the future is green for the cryptocurrency…

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Bank of Russia Considers Issuing a National Digital Currency

The Bank of Russia has recently announced that it is considering creating its own central bank digital currency (CBDC), the…

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Russia’s Central Bank Joins the CBDC Bandwagon; Issues Consultative Paper on Digital Ruble Consideration

Russia‚Äôs Central Bank is the latest monetary authority to issue a CBDC consultative paper amidst the ongoing craze; the bank…

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Bitcoin ‘May Have Extrinsic Value In The Sense That People Want It’ Says BoE Governor

Bank of England (BoE) Governor Andrew Bailey cautioned over the use of Bitcoin as a means of payment on Monday….

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CBDCs Are A Threat to The US Dollar’s Reign As The World’s Reserve Currency: Deutsche Bank

A new report by Deutsche Bank has acknowledged the potential of Central Bank Digital Currencies (CBDCs) to disrupt the US…

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South Korean Central Bank Enters Phase 2 of CBDC Development; Seeks Consulting Partner

The Bank of Korea (BoK) has advanced its Central Bank Digital Currency (CBDC) initiative following a recent call for collaboration…

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China Construction Bank Disables Chinese DCEP Wallet After Users Notice Feature in Bank App

China Construction Bank, one of the central state-owned banks in China, recently realized that the official wallet for the national…

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Bank of England Taps Accenture to Update Real-Time Gross Settlement Service to Support CBDCs

The Bank of England (BoE) has appointed an Irish tech consultancy giant, Accenture, to assist in the renewal program for…

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Bank of Japan (BoJ) Appoints its Top Economist as the New Head to Oversee Digital Yen

The top economist of the Bank of Japan (BoJ) has been appointed as head of department overseeing research on central…

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Central Bank Digital Currency Touted as Solution to US Economic Overhaul | NewsBTC

Talk of a US central bank digital currency (CBDC) dominated proceedings, as the US Senate Committee on Banking, Housing, and…

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