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Binance CEO Sees No Threat to Crypto From Central Bank Digital Currencies — Says CBDCs Will Validate Blockchain Concept

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The CEO of cryptocurrency exchange Binance does not see central bank digital currencies (CBDCs) as a threat to cryptocurrencies, like bitcoin and ether. “It will validate the blockchain concept so that anybody who still has concerns about the technology will say:…

Indian Central Bank RBI Begins First Digital Rupee Pilot Today

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India’s central bank, die Reservebank von Indien (RBI), is launching its first digital rupee pilot on Nov. 1. with the participation of nine banks. “Settlement in central bank money would reduce transaction costs by pre-empting the need for settlement guarantee…

Bitcoin-Embracing El Salvador President’s Re-Election Declaration Slammed

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Just over a year after overseeing El Salvador’s adoption of bitcoin, the Central American country’s 41-year-old president, Nayib B Uhr, recently declared his intention serve another five-year term. The announcement has been criticized by some who have been quick to remind Bukele…

Indiens Premierminister Modi: Die digitale Rupie wird die digitale Wirtschaft stärken, Fintech revolutionieren

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Indien’s Premierminister, Narendra Modi, sagt, dass eine digitale Währung der indischen Zentralbank die digitale Wirtschaft stärken wird. Die digitale Rupie wird auch den Fintech-Sektor revolutionieren, indem sie neue Möglichkeiten schafft und den Handhabungsaufwand verringert, Drucken, and the logistics of…

US-Finanzministerin Yellen sagt, sie sei unentschlossen, ob die Fed digitale Währungen ausgeben soll

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Die USA. Treasury Secretary Janet Yellen says that she has not made up her mind about whether the Fed should issue a central bank digital currency (CBDC). “There are some benefits” to a digital dollar, Yellen said, but noted that “dort…

BIZ fordert Zentralbanken auf, dringend CBDCs zu entwickeln, um mit Krypto-Assets konkurrieren zu können

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The head of the Bank of International Settlements (BIS) Innovation Hub, Benoît Cœuré, has urged central banks to act now on central bank digital currencies (CBDCs) to compete with initiatives in the private sector, einschließlich Kryptowährungen. “CBDCs will take years to…