Tag: Digital Currency

Digital Currency Race Prompts Trials, Scrutiny by Bank of Israel

(Bloomberg) — The Bank of Israel, already used to testing the limits of monetary policy, is eager not to fall behind in crossing a new frontier for central banks.Most Read from BloombergCannabis Compounds Prevented Covid Infection in Laboratory StudyFrequent Boosters Spur Warning on Immune ResponseSay Goodbye to Self-Isolating, WFH Mandates, Mass TestingEurope Slowly Starts to Consider Treating Covid Like the FluJ&J Vaccine Gets Additional Warning on Bleeding Side EffectPolicy makers in Jerusal
— Read on ca.finance.yahoo.com/news/digital-currency-race-prompts-trials-071501339.html

Bank of Canada digital currency would be greener than Bitcoin, deputy says – BNN Bloomberg

Bank of Canada digital currency would be greener than Bitcoin, deputy says – BNN Bloomberg
— Read on www.bnnbloomberg.ca/bank-of-canada-digital-currency-would-be-greener-than-bitcoin-deputy-says-1.1608915

Brainard Says Fed Studying Potential for U.S. Digital Currency – Bloomberg

The U.S. central bank is studying the feasibility of a digital currency, said Federal Reserve Governor Lael Brainard.
— Read on www.bloomberg.com/news/articles/2020-02-05/brainard-says-fed-studying-potential-for-u-s-digital-currency

China cryptocurrency may trigger globalization of yuan

China’s plans for a digital currency could serve as a “foundation” for the yuan’s internationalization, allowing it to be distributed across the globe, says Circle’s Jeremy Allaire.
— Read on www.cnbc.com/2019/09/13/chinas-new-cryptocurrency-and-yuan-rmb-internationalization.html

China’s sovereign digital currency is ‘almost ready’: PBOC official – Reuters

China’s central bank is “almost ready” to issue the country’s own sovereign digital currency, a senior central bank officer said.
— Read on www.reuters.com/article/us-china-cryptocurrency-cenbank/chinas-sovereign-digital-currency-is-almost-ready-pboc-official-idUSKCN1V20RD