Bitcoin News / Bitcoin.com - 2 years ago
Iranian authorities have so far authorized 30 facilities for cryptocurrency mining. The crypto mining farms are spread across several regions, including Tehran Province. The government has put out the data amid a crackdown on illegal miners in the co...
Cryptocoins News / The Cointelegraph β - 2 years ago
The central bank of central banks says CBDCs are necessary for maintaining the status quo of the legacy financial system. The Bank for International Settlements (BIS)...
Bitcoin News / Bitcoin.com - 2 years ago
A new Bank of America (BOA) research study has found that both central bank digital currencies (CBDCs) and private digital currencies hold “a lot of potential” for increasing financial inclusion in developing countries. In the report, the...
Cryptocoins News / CoinJournal - 2 years ago
The two central banks say the wholesale CBDCs project is only experimental.
Bank of France is one of the top European central banks interested in CBDCs
The Bank of France and the Swiss National Bank are looking into a payments system for cross-border...
Bitcoin News / Bitcoin.com - 2 years ago
The G7 finance ministers and central bank governors have met and agreed to work towards common principles for state-backed digital currencies and publish their conclusions this year. They said these digital currencies “could act as both a liqui...
Cryptocoins News / The Cointelegraph β - 2 years ago
While CBDCs could help central banks address the decline in cash payments, some risk factors remain. Central bank digital currencies, or CBDCs, could pose a threat to...