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Tag: CBDC

Tanzania’s Central Bank Working on Adopting Cryptocurrencies

Tanzania could be following El Salvador's example as its central bank said it's working to prepare for cryptocurrency adoption.

Israel Using Ethereum for CBDC Pilot Instead of Ripple’s Private Version of XRP Ledger

The Bank of Israel is reportedly using Ethereum’s technology to trial a digital version of its fiat currency, the shekel. The central bank is using Ethereum instead of Ripple’s private version of the XRP ledger. According to Bloomberg, in May the central bank issued a report that concluded a digital shekel payment system could have […]

An Open Letter to Senator Elizabeth Warren

I have long admired how you fight for consumer protection and the middle class. Your book All Your Worth – co-written with your daughter -- is one of the best money management books I’ve read, and I recommend it frequently.

The post An Open Letter to Senator Elizabeth Warren appeared first on Bitcoin Market Journal.

Blockchain not suitable for CBDC, says Swiss national bank economist

Global economists continue to question the implications of blockchain implementation for central bank digital currencies.

Palestine Considering Issuing Digital Currency

The Palestinian Monetary Authority is considering issuing a digital currency to facilitate monetary independence from Israel.

The post Palestine Considering Issuing Digital Currency appeared first on BeInCrypto.

Tanzania Plan Crypto Ban U-Turn Following President’s Directive

Tanzania’s central bank is looking to reverse its decision to ban cryptocurrencies in the country following President Samia Suluhu Hassan’s directive.

The post Tanzania Plan Crypto Ban U-Turn Following President’s Directive appeared first on BeInCrypto.

Bitcoin Hash Rate Goes On Death Spiral Post China’s Crackdown On Miners

The great Bitcoin miners migration is well underway. And the network’s total hash rate is showing it in a big way. Currently, the number of terahashes per second is at its lowest level in the last twelve months. That means that mining Bitcoin has not been easier in a whole year. Also, there’s less competition. […]

French Central Bank Succeeds in CBDC Experiment in the Issuance of a Government Bond

The Banque de France or Bank of France, the central bank of France, has prospered in undertaking an experiment on using a central...

Citi Bank Launches “Digital Asset Group” for Developing Crypto Products

Citi group officially announced a "Digital Asset Group" launch in its wealth management department on Thursday. This new division will be led by Alex...

Citigroup Launches a Digital Asset Unit in its Wealth Management Division

Citigroup has officially launched a new crypto and blockchain-based business unit called the Digital Assets Group within its wealth management division.

Palestine Mulls Launching CBDC as the Move of Monetary Independence from Israel

Palestine Monetary Authority (PMA)- the central bank of Palestinian in the west bank, is reportedly developing a digital currency, which considers symbolic monetary...

BIC’s Video News Show: Crypto Crash Review

In this episode of the BeInCrypto video news show, host Jessica Walker takes a closer look at the recent crypto crash. We’ll...

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