CBDC Insider: Monday June 06, 2022
The executive director for markets at the Bank of England is of the opinion that digital currencies could impact central banks balance sheets. Andrew Hauser delivered his speech at the Federal Reserve Bank of New York on the 1st of June. According to the executive, systemic central bank digital currencies (CBDCs) and stablecoins are capable []
CBDC
Central Bank Digital Currency
Central Bank Digital Currencies
CBDC Insider: Friday June 03, 2022
The Bank of Englands executive director for markets Andrew Hauser acknowledged that a CBDC would be compatible with the central banks operations. He added that it would also be the first new type of central bank liability in centuries. The dog may be old, but it can still perform new tricks, Hauser said ahead of []
CBDC
Central Bank Digital Currency
CBDC Insider: Wednesday June 01, 2022
Fireblocks, which claims to be the industry leader focused on digital asset and crypto technology, announced that it has appointed the former Head of Fintech at the Bank of England, Varun Paul, as its new Central Banking Digital Currency (CBDC) and Market Infrastructure Director...
CBDC
Central Bank Digital Currency
CBDC Insider: Tuesday May 17, 2022
The Financial Conduct Authority (FCA), the U.K.s top financial market regulator, has issued another warning targeting digital assets. The body maintains that it does not have regulatory oversight over digital assets investments and hence cannot provide investor protection. While declining to mention specific offenders, the FCA stated that the reminder had been necessitated by a []
Central Bank Digital Currency
CBDC Insider: Tuesday April 12, 2022
Fireblocks is a digital asset custody, transfer and settlement platform. Following a $550 million Series E funding round earlier this year, the firm is worth $8 billion and is the highest-valued digital asset infrastructure provider in the world. Today was an emotional day! 16 years after starting my first internship and more than 13 years []
Central Bank Digital Currency
CBDC Insider: Monday April 04, 2022
The International Monetary Fund official claimed that the increased push of crypto adoption globally is because of the Russia vs Ukraine war situation. Today is the 39th day of the Russia vs Ukraine war and due to this war, both countries are facing an economic downfall. On one side the Russian government is officially moving []
Central Bank Digital Currency