digital currencies

Fed’s Jerome Powell Says ‘Nowhere Near’ Moving Forward With CBDC
Fed’s Jerome Powell Says ‘Nowhere Near’ Moving Forward With CBDC
March 07, 2024  |  CBDC

In testimony before Congress, Federal Reserve Chairman Jerome Powell said that the idea of the United States adopting a central bank digital currency (CBDC) is far from being...

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Hong Kong Kicks Off Wholesale CBDC Project
Hong Kong Kicks Off Wholesale CBDC Project
March 07, 2024  |  CBDC

Hong Kong’s central bank has launched a wholesale central bank digital currency (wCBDC) project. The effort, dubbed “Project Ensemble,” is designed to support a new...

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JPM Coin Programmable Payments Goes Live With Siemens
JPM Coin Programmable Payments Goes Live With Siemens
November 10, 2023  |  Blockchain

Onyx by J.P. Morgan has recently launched programmable payments through its blockchain-based digital currency, JPM Coin. This innovative solution allows users to program their transactions...

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Unable to Hold Their Pegs, Stablecoins Prove Anything but Stable
Unable to Hold Their Pegs, Stablecoins Prove Anything but Stable
November 09, 2023  |  Cryptocurrency

The hallmark of stablecoins has been instability. In a paper published this week by the Bank of International Settlements (BIS), the analysis shows that with a...

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Switzerland’s Central Bank Plans December CBDC Pilot
Switzerland’s Central Bank Plans December CBDC Pilot
November 02, 2023  |  CBDC

The Swiss National Bank (SNB) is set to begin piloting a wholesale digital franc next month. The bank, along with six other lenders from Switzerland, Germany and...

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Report: Hamas Received $41 Million in Crypto Since 2021
Report: Hamas Received $41 Million in Crypto Since 2021
October 10, 2023  |  Cryptocurrency

The recent attack on Israel by Hamas reportedly may have been funded in part by cryptocurrency.  A review of Israeli government seizure orders and blockchain...

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Report: Blockchain Company R3 Lays Off 20% of Staff
Report: Blockchain Company R3 Lays Off 20% of Staff
September 14, 2023  |  Blockchain

R3, a prominent blockchain company in the finance industry, has reportedly laid off one-fifth of its workforce. The company eliminated positions across different functions and...

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Ledger and PayPal Partner to Simplify Crypto Transactions
Ledger and PayPal Partner to Simplify Crypto Transactions
August 16, 2023  |  Cryptocurrency

Ledger, a provider of products and services for handling digital assets, has partnered with PayPal to offer a convenient and secure way for new users to...

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ECB Board Member: Digital Euro Should Complement Other Payment Methods
ECB Board Member: Digital Euro Should Complement Other Payment Methods
January 23, 2023  |  emea

A digital euro should complement, not replace, other electronic payment methods or cash. So said European Central Bank (ECB) Executive Board Member Fabio Panetta in...

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