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09-21-2024
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author

Ed Drake is a technology enthusiast and an avid fan of online gaming. When he’s not writing about blockchain and Bitcoin, he plays video games, be it on the PC he built piece by piece or one of his many gaming consoles.

Article by Ed Drake

Swiss National Bank and BIS announce digital currency trial by 2020 end
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29 October, 2020

Swiss National Bank and BIS announce digital currency trial by 2020 end

The trial will also allow the banks to see how the technology syncs with existing payment systems, as well as...
Hong Kong finance chief open to collaboration on digital yuan
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28 October, 2020

Hong Kong finance chief open to collaboration on digital yuan

The Hong Kong government is reportedly exploring working with Chinese authorities to incorporate the digital yuan in wholesale and cross-border...
South Korea telecoms giant approved for digital certificate blockchain wallet
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27 October, 2020

South Korea telecoms giant approved for digital certificate blockchain wallet

The wallet is compatible with the Government24 digital certificate program, which facilitates the issuance of electronic certificates in South Korea...
Chinese consumers spend 8.8 million in digital yuan trial
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26 October, 2020

Chinese consumers spend 8.8 million in digital yuan trial

Equivalent to around $1.3 million in spend, Shenzhen residents reportedly turn to the as-yet-unreleased digital currency for payments in a...
Brazil readies state-backed digital bank for IPO
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25 October, 2020

Brazil readies state-backed digital bank for IPO

Brazil’s federal government is reportedly in advanced stages of planning the initial offering of shares in the freshly created Caixa...
New Zealand central bank chief says ‘no plans’ for CBDC
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24 October, 2020

New Zealand central bank chief says ‘no plans’ for CBDC

There are currently no imminent plans to launch a central bank digital currency in New Zealand, according to a Reserve...
Philippines central bank says no imminent digital currency
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23 October, 2020

Philippines central bank says no imminent digital currency

The Bangko Sentral ng Pilipinas said significantly more research was required before it would champion a digital peso.
IMF: CBDCs give more control, but don’t solve every problem
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23 October, 2020

IMF: CBDCs give more control, but don’t solve every problem

While the technology may deliver benefits for policymakers, there were many crises CBDCs could not fix, according to the International...
Bank of Canada seeks new lead for CBDC initiative
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23 October, 2020

Bank of Canada seeks new lead for CBDC initiative

The candidate’s duties will include monitoring developments on CBDCs, digital payments and financial technologies around the world, as well as...
BTC-e Alexander Vinnik money laundering trial begins in Paris
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22 October, 2020

BTC-e Alexander Vinnik money laundering trial begins in Paris

The present case is focusing on Alexander Vinnik’s alleged involvement in ransomware fraud to the tune of $159 million.
Bank of Japan says ‘no single CBDC to dominate global finance’
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21 October, 2020

Bank of Japan says ‘no single CBDC to dominate global finance’

The Japanese central bank is closely monitoring regional and global counterparts in their progress on CBDCs, according to Kazushige Kamiyama.
20 arrested in QQAAZZ crypto money laundering syndicate: Europol
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21 October, 2020

20 arrested in QQAAZZ crypto money laundering syndicate: Europol

The alleged scammers are reported to be part of QQAAZZ, reportedly involved in extensive money laundering efforts through BTC and...

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