Bitcoin Blockchain and Cryptocurrency News Center
An executive at the European Central Bank (ECB) has said a future digital euro initiative could save the eurozone from relying on digital currencies issued by foreign entities. In a post on Friday, ECB executive member Fabio Panetta, formerly head of the Italian central bank, said the envisioned aim of a central bank digital currency (CBDC) would […]
73% of leading global banks have claimed that central bank digital currencies (CBDC) should be available “under all circumstances” in a new study. “CBDC will substitute much more easily for cash” According to a joint report conducted by tech giant IBM and the Official Monetary and Financial Institutions Forum (OMFIF), global central banks now admit that CBDCs […]
The central banks of Saudi Arabia and the United Arab Emirates (UAE) have jointly launched a digital currency trial, the CoinDesk reported. The Saudi Arabian Monetary Authority (SAMA) and the Central Bank of the UAE jointly announced Tuesday that the project is aimed to facilitate blockchain-based financial settlements between the two countries. While the central remittance […]
The Tunisian Internet Agency (ATI) is going provide hosting services for the Russian blockchain platform Universa, according to a press release shared with Cointelegraph on Dec. 19. Founded in 1996, the ATI is a governmental body run by the Ministry of Communications with the objective to promote Internet usage in the country. Per the release, the ATI has signed […]
As the CoinDesk announced on November 9, Venezuela is hoping the world’s oil markets will start using its controversial national cryptocurrency, the petro. Manuel Quevedo, the country’s minister of petroleum and the president of state-owned oil company PDVSA, announced in a tweet on Wednesday, that Venezuela will take petro to the Organization of the Petroleum Exporting Countries […]
The chief of the European Central Bank (ECB) said Friday that the institution sees no “concrete need” to issue a digital version of the euro, Reuters reports. In a letter to a member of the European Parliament, ECB President Mario Draghi said a lack of robustness in the technology that would underlie such an endeavor, as […]