Digital Currency News

For two decades, the digital currency paradigm was a largely fringe concept championed by cryptography advocates before the launch of the cryptocurrency Bitcoin (BTC) in 2008, which heralded a new technological and social phenomenon. 

While the goal of cryptocurrencies is to provide a medium for global, peer-to-peer transaction settlement that preserves privacy and financial security, digital currencies more broadly encompass any digital form of money, including the more recent trend of central bank digital currencies, or CBDCs. 

Currently in development in China and other countries, these digital currencies may leverage blockchain technology for secure payments but with added capital controls and surveillance practices in stark contrast with the ethos of cryptocurrencies. 

The future of digital currencies is uncertain. Will CBDCs become the dominant form of digital cash adopted by the masses, or will people opt into a more open, secure, permissionless financial system in the form of Bitcoin and the crypto economy?

News
The Bank of Japan is keen to ensure the seamless integration of its central bank digital currency with the existing payment architecture.
Japan will prioritize simplicity in CBDC design, says central bank executive
Osato Avan-Nomayo
2021-10-15T11:10:14+01:00
3584
News
The Bank of Mexico and the National Banking and Securities Commission issued a statement earlier this year warning financial institutions not to deal with digit...
Mexico's president rules out accepting crypto as legal tender
Turner Wright
2021-10-14T20:15:02+01:00
3216
News
The think tank wants to ensure the United Kingdom keeps pace with the developments in the emerging digital landscape.
Digital Pound Foundation launches to promote CBDC development in the UK
Osato Avan-Nomayo
2021-10-14T09:56:07+01:00
3502
News
The partnership will enable MoneyGram customers to fund and withdraw from their accounts using the USDC stablecoin at physical branches.
MoneyGram launches USDC settlement using the Stellar blockchain
Inigo Vaca
2021-10-07T03:45:44+01:00
9131
News
Kristalina Georgieva said that stablecoins "fill the digital gap in privately issued money," but labeled Bitcoin and other cryptocurrencies as assets rather tha...
IMF managing director: 110 countries are 'at some stage' of CBDC development
Turner Wright
2021-10-05T18:00:00+01:00
5976
News
The central bank of New Zealand has outlined the major benefits of CBDC designs based on blockchain technology.
New Zealand central bank releases issue paper on digital currency
Helen Partz
2021-09-30T09:38:00+01:00
6038
News
The development marks another sign of the digital hryvnia project picking up steam.
Ukraine’s central bank seeks to hire a blockchain developer, job posting reveals
Kirill Bryanov
2021-09-29T19:15:00+01:00
3135
Video
According to Polygon’s co-founder, Sandeep Nailwal, it is only a matter of time before Ethereum overtakes Bitcoin as the dominant layer-one protocol.
Ethereum will replace Bitcoin as the leading crypto network, claims Polygon co-founder
Marco Castrovilli
2021-09-29T18:01:00+01:00
22376

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