One of the Eurozone’s chief monetary economists heaped some backhanded praise at Bitcoin on Thursday, arguing that the flagship cryptocurrency was an “extremely clever idea” that suffers from “manifold problems.”…

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Christine Lagarde, head of the IMF, encouraged the exploration of central bank digital currencies (CBDCs) in a speech on Wednesday. This article is originally written and posted on https://www.coindesk.com/imf-chief-lagarde-calls-for-exploration-of-state-backed-digital-currencies.  Visit https://www.coindesk.com/…

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Russia may be on the way to adopting its own central bank digital currency, according to Anatoly Aksakov, chair of the State Duma’s Financial Market Committee. The Russian Parliament is studying…

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A report on central bank digital currencies has found that 61% of institutions don’t think a blockchain is necessary due to low efficiency gains during trials. IBM Survey Finds That…

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Central bank-issued cryptocurrency could bring economic welfare gains for Canada and the U.S., according to a researcher from Canada’s central bank.  This article is originally written and posted on https://www.coindesk.com/central-bank-crypto-could-bring-economic-gains-bank-of-canada-paper/. …

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A U.S. congressman called for banning all U.S. residents from buying or mining cryptocurrencies during a hearing Wednesday. This article is originally written and posted on https://www.coindesk.com/u-s-congressman-calls-for-national-ban-on-crypto-ownership/.  Visit https://www.coindesk.com/ today for…

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The Hong Kong Treasury decided against the notion of creating a central bank digital currency (CBDC) yesterday, but said that they will monitor the situation. Hong Kong is ‘Already Efficient’…

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BoE: Central Bank Digital Currency May ‘Strengthen’ Monetary Policy According to research from the Bank of England (BoE), a central bank issued digital currency has the potential to revolutionize monetary…

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South Korea’s first major blockchain conference saw discussion of the possibility of a central bank cryptocurrency Wednesday. This article is originally written and posted on https://www.coindesk.com/r3-researcher-central-bank-will-issue-cryptocurrency-2018/.  Visit https://www.coindesk.com/ today for all…

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There has been a lot of hype around central banks, interbank payments, blockchains, and central bank digital currencies (CBDCs), but the narrative has become confusing and often misses the point.…

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There has been a lot of hype around central banks, interbank payments, blockchains, and central bank digital currencies (CBDCs), but the narrative has become confusing and often misses the point.…

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