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Tag: Swiss

Blockchain Technology Not Ideal For CBDCs, SWISS Central Bank Economist Argues

U.S. Struggles To Keep Up As China Further Develops Its CBDC
Central bank digital currencies (CBDCs) have little structural benefits to draw from decentralized features of blockchain technology, according to the chief economist at Swiss National Bank Carlos Lenz. Lenz said that blockchain happens to be very inefficient, which nullifies decentralization in CBDCs as an ideal solution. Apart from blockchain technology, he said that there are […]

Mexican Bank, Banco Azteca Working to be the First Bank in Mexico to Accept Bitcoin

Ricardo Salinas, one of the richest men in Mexico is bullish on Bitcoin (BTC). His conviction that Bitcoin is a viable store of asset and a superior alternative to fiat currencies has stirred his resolve to work to make his bank, Banco Azteca the first to accept Bitcoin in Mexico. Salinas made this revelation on

The post Mexican Bank, Banco Azteca Working to be the First Bank in Mexico to Accept Bitcoin appeared first on Coingape.

Report: Swiss National Bank Has No Plans for a Digital Swiss Franc

Swiss National Bank Has No Plans for a Digital Swiss Franc
Swiss National Bank Has No Plans for a Digital Swiss FrancThe Swiss are in no rush to launch a central bank digital currency (CBDC). Swiss National Bank Clears the Air on CBDC According to a report in the Swiss weekly business publication Handelszeitung, the Swiss National Bank (SNB) is in no rush to introduce a CBDC. The development, or its lack, was announced at a
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Instimatch Global Partners with Swiss Fintech FQX to Offer Short-Term Financing and Payment Tool

Switzerland’s Instimatch Global, a digital platform for institutional short-term money market trading, is teaming up with Swiss Fintech FQX to complement its main...

Swiss-Based 21Shares Launching World’s First Solana ETP 

21Shares, the investment product provider based in Switzerland has recently revealed that it is introducing the first Solana ETP in the world.

Sotheby’s Auctions First Five CryptoPunk Prints

Each signed print comes with the NFT for the associated CryptoPunk.

Spring Sweet Spring playoffs fantasy goes live

The group stage of Spring Sweet Spring 3 has come to a conclusion, with eight teams advancing from the Swiss format to the...

Cryptocurrency: The future of futures?

Institutional inflow to crypto is only getting started, but the technology promises to improve the futures markets beyond crypto.

Swiss National Bank Economist States Blockchain is Unsuitable for CBDC

Carlos Lenz, the chief economist at Swiss National bank(SNB), thinks that blockchain technology is unsuitable for a central bank digital currency(CBDC). 

2021 Magic Online Championship Showcase Season 1 will show off the new Modern

Modern is back in the spotlight with the release of Modern Horizons 2 and this weekend, fans get the chance to see the...

One “Ring” to rule them all: curious interlocked molecules show dual response

Scientists at Tokyo Institute of Technology design polymers infused with a stress-sensitive molecular unit that respond to external forces by switching on their...

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.

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