(source: en.wikipedia.org)
New legislation passed by the Ukrainian parliament addressed central bank digital currency (CBDC) and determined that it was functionally equal to cash or other payment tools, Coindesk reported on Thursday (July 1). Get the Full Story Complete the form to unlock this article and enjoy...
As banks get further into crypto, it is hard to not see that evolution as validation for digital currencies and the world’s fastest-growing new asset class. At least that is the conventional wisdom in the wake of a number of deals among providers to bring...
Coinbase is planning to develop a cryptocurrency app store for decentralized apps (dApps) using the blockchain, with an end goal of listing all legal assets and putting decision-making into the hands of users. Get the Full Story Complete the form to unlock this article and...
As China keeps developing its digital yuan, European Central Bank (ECB) Governing Council member Francois Villeroy de Galhau doesn’t think it’s a good sign for the euro, Bloomberg writes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
U.S. Federal Reserve Vice Chair for Supervision Randal K. Quarles called the global rush to roll out central bank digital currencies (CBDC) akin to the 1980s parachute pants fad and FOMO, or the “fear of missing out.” Get the Full Story Complete the form to...
Regarding central bank digital currencies: They might work, and they might be launched — but, depending on which country is weighing in, they might not be necessary. The debate over CBDCs continues, with some nations questioning their utility, and other nations embracing them wholeheartedly. Get the...
Carlos Lenz, chief economist of the Swiss National Bank, told a news conference the bank sees no need for a digital franc, even though it is studying how one would work, Handelszeitung reported. Get the Full Story Complete the form to unlock this article and...
Tether is not a good thing for the financial system, according to a senior U.S. Federal Reserve official. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
The U.K.’s Financial Conduct Authority (FCA) has prohibited Binance Markets Limited from undertaking any regulated activity in that country, according to a report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
