Central Bank Digital Currencies: The Consumerization of Money

Consumerization is the influence that products originating in the consumer markets eventually have on the broader commercial markets.  Apple is the prototypical example of a consumer-focused company reshaping and ultimately transforming small-business,... Read more »

UAE Central Bank Unveils Plan to Launch Digital Currency

The Central Bank of the United Arab Emirates has unveiled its plan to launch a digital currency as part of its 2023-2026 strategy to become one of the world’s top 10 central... Read more »

11% of Central Bankers Consider ‘Cryptocurrencies Like Bitcoin’ Gold Alternatives: UBS Survey

A UBS survey finds that central bankers see benefits in investing in cryptocurrencies like bitcoin. 28% see benefits from cryptocurrency being an uncorrelated asset and “11% would consider it as an alternative... Read more »

Prime Minister of Vietnam Asks Central Bank to Pilot Digital Currency

Pham Minh Chinh, the prime minister of Vietnam, has asked the country’s central bank to conduct a study of cryptocurrency and pilot the implementation of a blockchain-based currency within the next two... Read more »

Tanzania central bank may rescind crypto ban after presidential endorsement

The Bank of Tanzania is reportedly working to overturn its ban on crypto amid favorable cryptocurrency comments made by the country’s president. According to Reuters, Tanzania’s central bank has begun working on... Read more »

China’s Central Bank Calls for Crypto Trading Ban

Key Takeaways China’s central bank has issued guidelines for a harder crackdown on crypto. Bitcoin and crypto prices crashed this morning after the news broke-out, with experts warning this crackdown is more... Read more »

Central Bank of Portugal awards first licenses to local crypto exchanges

Banco de Portugal, the country’s central bank, issued operational licenses to two local crypto exchanges for the first time ever, a notice on the site shows. Receiving the licenses were Lisboa-based Criptoloja... Read more »

Central American Bank for Economic Integration to Help El Salvador Implement Bitcoin as Legal Tender

The Central American Bank for Economic Integration (CABEI), which has 15 member countries, will help El Salvador implement bitcoin as legal tender. The CABEI president has expressed his support. “We’re very optimistic,”... Read more »