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Central African Republic’s Sango Coin sales go live, records only $1.09 million in 24 hours

Central African Republic’s Sango coin, which started selling on Monday, June 25, has recorded only $1.09 million in sales after 24 hours of the...

Central Bank Digital Currencies Worse Than Bank Accounts and Cash, Says Blocksteam CEO Adam Back – Here’s Why

The chief executive officer of blockchain technology company Blockstream says people are better off using fiat currencies or stablecoins than holding central bank digital...

Nigerian banks impede e-Naira adoption over concerns it will impact banking revenue

Nigerian banks are reluctant to promote Nigeria’s low-cost central bank digital currency, e-Naira, due to concerns of losing revenue.E-Naira offers a commission-free alternative to...

Private but regulated tokens could beat CBDCs, Australian central bank chief says

Cryptocurrencies issued by private companies could be better than central bank digital currencies (CBDCs) if the firms are regulated appropriately, Phillip Lowe, governor of...

CBDCs: The key to global financial inclusion?

Financial exclusion is a global issue, affecting people in the global north and developing countries. Affecting the population as a whole, financial inclusion has...

BIS Releases Report Criticizing Crypto

The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc....
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U.S. Fed says recent strain highlights ‘structural fragilities’ in stablecoin sector

👋 Want to work with us? CryptoSlate is hiring for a handful of positions!The Federal Reserve views stablecoins as an area of concern...

BIS General Manager calls on people to trust central banks, CBDCs

👋 Want to work with us? CryptoSlate is hiring for a handful of positions!In drumming up interest for this year’s Bank of International Settlements...

Israel, Hong Kong enter partnership to test new CBDC against cyber risks

👋 Want to work with us? CryptoSlate is hiring for a handful of positions!The Bank of Israel has joined hands with the Hong...

China to gift citizens 90M digital yuan via lottery to restart economy

👋 Want to work with us? CryptoSlate is hiring for a handful of positions!Three Chinese provinces have announced plans to disburse roughly 90...

G7 says crypto regulation must be swift and comprehensive

Finance Ministers and Central Bank Governors from the G7 met last week to discuss global economic conditions, including cryptocurrency.The committee was joined by Heads...

South African central bank mulls digital rand to streamline cross-border payments

The South African Reserve Bank is mulling the issuance of a digital rand, Reuters reported on May 18, citing the central bank’s Deputy Governor...
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