Bitcoin came into being at a time when the fragility of the global economy was exposed. While the proponents of the world’s largest...

The Bank of England, or BoE, has been seriously considering the issuance of a central bank digital currency, or CBDC. It’s taken its...

The Bank of England (BoE) is seriously weighing the pros and cons of issuing a central bank digital currency (CBDC) denominated in pounds...

After announcing that it is considering the creation of a Central Bank Digital Currency (CBDC), the Bank of England (BoE) has called...

On March 7, three monetary and cryptocurrency experts discussed the challenges and prospects of central bank-issued digital currencies at the Massachusetts Institute of...

Reading Time: 4 minutes From Promises Enforced by Law to Promises Enforced by Code Blockchains are the first technology ever invented that gives software systems the ability — without trusted intermediaries — to make highly credible promises. These promises are enforced by a novel combination of technological innovations spanning peer-to-peer networking, encryption, and consensus mechanisms. The first blockchain was […]

This short blog post describes three different types of currency wars that seem to be happening at the moment. The phrase “currency wars” is...

Are Central Banks going to Adopt Own Digital Currencies/ CBDC? How did we get here? In 2008, the world experienced a financial meltdown, now known...

The Central Bank of France will test own central bank digital currency targeting financial institutions in 2020. As revealed by the governor of the Bank of France, François Villeroy de Galhau, the bank will start the test before the end of the first quarter of 2020. In a statement, the governor said, “We intend to start experimenting quickly and launch a call for projects for the private sector players by the end of the first quarter of 2020.” This decision was agreed upon during a conference in the presence of two significant French regulators, The French Prudential Supervision and Resolution […]

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More than 89% of the blockchain firms in China have purportedly tried to create a cryptocurrency, with many promising to release their token soon.  According to the Bluebook on Blockchain report, China allegedly constitutes about 28,000 blockchain enterprises. This report is co-authored by five different local financial and technology authorities. On Nov. 21, Yedong Zhu, the President of the Beijing Blockchain Technology Application Association (BBAA), highlights that of these enterprises, a majority place a focus on the issuance of tokens, but not exploring the blockchain.  The Bluebook constitutes information from the Beijing Blockchain Technology Application Association and Social Sciences Academic […]

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