"We in Europe need to move as quickly as possible or risk an erosion of our monetary sovereignty," said Francois Villeroy de Galhau.

The MAS has unveiled a Global CBDC Challenge calling on companies around the world to provide solutions for retail CBDCs innovations.

The competition is designed to find innovative retail CBDC solutions that increase efficiencies and…

The post MAS, IMF and World Bank launch global retail CBDC challenge appeared first on Coin Journal.

The popularity of cryptocurrencies has also given rise to ‘crypto crimes’ where perpetrators use these digital currencies to execute their illegal activities.  In a video interview with Forkast News, blockchain lawyer Maria Blecher said that there is a misconception that cryptocurrencies provide anonymity, but actually, they only provide pseudonymity, meaning, any crypto users can still […]

The post Surprise! Bitcoin not a good tool for cybercrime, blockchain expert says  appeared first on BitcoinerX.

Fiat currencies have been dominating the financial ecosystem over the last few decades. The US dollar will perhaps be the first currency to pop into your head as soon as you think of the world's reser

The post 'I think Bitcoin has a good chance of achieving that'; Here's the what and when appeared first on AMBCrypto.

Though Randal Quarles said there was a "legitimate and strong regulatory interest in how stablecoins are constructed and managed," a U.S. dollar-pegged coin could help provide support for its fiat counterpart.

The Monetary Authority of Singapore (MAS) announced the launch of a global challenge for retail central bank digital currencies (CBDCs).

The post Singapore Monetary Authority Announces Global CBDC Challenge appeared first on BeInCrypto.

Quick Take

• IOSG Ventures is an investment and research firm focused on the blockchain/crypto sector with offices in Singapore and Shenzhen, China
• The firm recently raised $60 million during its first closing of a second fund that will focus on DeFi, NFTs/Social tokens, as well as layer-2 technologies
•  In total, the firm’s active portfolio consists of at least 64 startups and protocols across twelve verticals, which The Block has mapped out

John Williams responded to a presentation from Mark Carney, the former head of the Bank of Canada and Bank of England, about the potential for issuing central bank digital currencies.

The Iron Finance stablecoin fiasco caused cries for regulation and shed light on the importance of complete collateralization.

MAS has partnered with IMF and other organizations for the launch of a global challenge for retail CBDC solutions.

Bitcoin “can never be a currency and it should never be a currency”—unlike CBDCs, argued Greece’s former finance minister.