Vietnam’s Prime Minister Pham Minh Chinh is asking the State Bank of Vietnam (SBV) to study and carry out a pilot implementation for...

Stablecoins are spooky! Here is our pick of the 3 most important Stablecoin news stories during the week. This week we saw a lot of talk...

Consumers are warming to the concept of Central Bank Digital Currencies (CBDC), research from European deep tech company Guardtime shows. Guardtime surveyed people in...

According to the International Monetary Fund (IMF), the adoption of cryptocurrencies like Bitcoin as legal tender could have dire consequences. IMF urges Governments to proceed with Caution In a blog post co-authored by Tobias Adrain, Director of the IMF’s Monetary and Capital Markets Department, and Rhoda Weeks-Brown, Director of the IMF’s Legal Department, the International […]

The post IMF Warns Against Adopting Bitcoin As National Currency appeared first on CryptoCoin.News.

Two International Monetary Fund (IMF) officials criticize Monday without name and shame that the adoption of Bitcoin as legal tender in some countries...

Industry veteran Michael Lee was a guest in Maria Bartiromo’s “Mornings with Maria” on the FOX Business channel. He adamantly said that nor Amazon or their job posting was responsible for Bitcoin’s recent rally. According to Lee, the movements are “just a side effect of endless money printing going on.” Even though what he says […]

Banks often struggle with how to automate operations or functions deemed essential or strategically different, says Hemal Nagarsheth, associate partner at global management...

Digital assets firm Gemini announced earlier this week that they’re supporting Tez or XTZ, the native token of the Tezos ecosystem, which is...

Banking Circle, the Payments Bank for the digital economy, has chosen SIA, an established European hi-tech firm in payment services and infrastructures, controlled...

As the CBDCs are advancing in testing, countries are utilizing CBDCs and have taken lead in the effort of the creation of Central Bank Digital Currencies.

The Central Bank of Nigeria (CBN) is moving forward with its central bank digital currency project (CBDC) project, as the CBN will launch a digital naira pilot program later in October 2021. Nigeria Progresses With Digital Naira Initiative  According to the Peoples Gazette, the CBN made the announcement while addressing stakeholders at a webinar onRead More

Two of their respective regions’ most powerful economies are moving closer to the issuance of Central Bank Digital Currencies or CBDCs. In...