Employees of Big Four auditing firm Deloitte can now pay for food in the cantine using a mobile Bitcoin wallet. Big Four auditing firm Deloitte is now allowing its staff to pay for food in the cantine using a mobile Bitcoin (BTC) wallet. English-language local news outlet Luxembourg Times reported on Sept. 17 that Deloitte […]
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An economist from the Bank for International Settlements has proposed new ways of supervising financial risks with distributed ledger technology. An economist of the Bank for International Settlements (BIS) has proposed new ways of supervising financial risks through distributed ledger technology (DLT). In a recently released working paper, economist Raphael Auer made the case for […]
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CEO of Calibra, Facebook’s digital wallet for its Libra, says the notion that Libra threatens the global financial system must be debunked. CEO of Calibra, Facebook’s digital wallet for its proposed Libra stablecoin, has attempted to debunk the notion of Libra’s threat to the global financial system. Not new money but a better payment network […]
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Experts in blockchain and crypto, central bank officials and researchers take on the question: Why do we need state-owned cryptocurrencies? There are several countries around the world that are developing national blockchain-based digital currencies — such as Venezuela and its state-owned Petro (PTR), China and its plans to issue a government-backed digital currency, etc. We […]
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The deputy governor of Mexico’s central bank argued that a CBDC of “less than full anonymity” is not interesting for the public. Central bank digital currencies (CBDC) will not hold much interest for the general public unless they provide full anonymity, the deputy governor of Mexico’s central bank has argued. The executive’s remarks were published […]
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The concept of CBDCs has been steadily drawing the attention of jurisdictions worldwide. This month alone, at least three separate countries have reported on their prospective central bank-issued digital currencies (CBDCs): The Republic of the Marshall Islands (RMI) announced the creation of a specially dedicated nonprofit organization to support its digital currency that is already […]
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Kik has launched a Defend Crypto campaign, while Facebook’s crypto coin could face some demographic challenges. Coming every week, the Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much more — a week on Cointelegraph […]
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If Bitcoin resumes its rally, a few altcoins might tag along as well. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided […]
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The Bundesbank president said that easy access to digital currencies could destabilize the financial system during periods of crisis. The president of Germany’s central bank, the Deutsche Bundesbank (BBk), has warned central banks about the potential risks of introducing digital currencies, Reuters reports on May 29. Jens Weidmann, BBk president and chairman of the board […]
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The Bank of Russia believes that CBDCs can reduce transaction costs in the economy and provide an asset that is less risky. The central bank of Russia has reviewed the potential benefits and drawbacks of central bank digital currencies (CBDC) in a policy brief published on April 18. In the document, entitled “Is there a […]
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