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Central Banks May Issue Digital Currencies in the Future, Says IMF

In the future, central banks worldwide are predicted to issue digital currencies to emerge national economies, reported by The International Monetary Fund (IMF). Earlier, IMF and World Bank have...

Shannon Wilson | Jun 30, 2019 15:08

Central Banks Approve Crypto Remittance Service between Thailand and Myanmar

Ethereum-backed remittance firm Everex has been approved by the central banks of Thailand and Myanmar to provide cross-border currency transfer services between both countries. Singapore-based Everex...

Shannon Wilson | Apr 10, 2019 04:00

40 Central Banks Are Considering Cryptocurrencies, Blockchain Tech

The World Economic Forum (WEF) revealed that dozens of central banks around the world are either researching or experimenting with central bank digital currencies (CBDCs). In the Bank for...

Warren Hayes | Apr 07, 2019 04:03

Central Banks Should Let Corporations ‘Battle Test’ Cryptocurrency Issuance, said PwC Partner

On March 22, PwC France partner Pauline Adam Kalfon suggested that central banks before officially issuing digital currencies, they should hand over the testing part to corporations such as Facebook...

Shannon Wilson | Mar 25, 2019 04:30

Blockchain.com Opens 5th International Office in Lithuania

Continuing its expansion, crypto wallet provider Blockchain.com has unveiled its fifth new office – this time in Vilnius, Lithuania. Headquartered in Luxembourg, its other offices are in London,...

Warren Hayes | Feb 24, 2019 04:00

IMF: Separate Cash and e-Money to Offset Negative Interest Rates

Many countries around the world still suffer from near-zero interest rates since the last global financial crisis about a decade ago. With nothing much left of interest rates to cut as a means of...

Shannon Wilson | Feb 17, 2019 04:23

Iranian Banks to Issue Gold-Backed Cryptocurrency

A gold-backed cryptocurrency has reportedly been launched in Iran. The new currency was developed by blockchain startup Ghoghnoos Company in consultation with four Iranian banks: Bank Mellat, Bank...

Warren Hayes | Feb 08, 2019 12:01

Iranian Central Bank Suggests Banning Crypto for Payments

The Central Bank of Iran recently comes up with a plan to limit the use of crypto as a payment option in the country. Accordingly, the draft report named “Obligations and Rules Regarding...

Shannon Wilson | Feb 03, 2019 04:04

Central Banks Examining Possible Use of National Digital Currencies

Most of the world’s central banks are studying the idea the issuing central bank digital currency (CBDC), according to a survey by Swiss-based Bank of International Settlements (BIS) done in 2018....

Natalie Wu | Jan 11, 2019 08:47