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Are cryptocurrencies the future of money or just fringe players?

Are cryptocurrencies the future of money or just fringe players? The government should take notice and hold discussions with the crypto industry of India before moving ahead with regulations for this sector Nischal Shetty | February 20, 2021 | Updated 23:47 IST Before passing any ban in haste, the government should also take a cue from developed countries which are trying to regulate crypto assets The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021 is among the list of bi...
New Zealand United Kingdom Office Of The Comptroller Official Digital Currency Bill Financial Stability Board Global Stablecoin

Central bankers show interest in digital currencies

The Globe and Mail Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account Getting audio file ... This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer Peter Power/The Globe and Mail Central bankers around the world are ramping up research into digital currencies, according to the Bank of International Settlements, even as cryptocurrencies such as bitcoin are likely to remain nic...
Peter Power Agustin Carstens Hoover Institution On Deputy Bank International Settlements Tim Lane

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RBI open to digital currency, examining the need to introduce CBDC

Read more about RBI open to digital currency, examining the need to introduce CBDC on Business Standard. A CBDC is legal tender and a central bank liability in digital form denominated in a sovereign currency and appearing on the central banks balance sheet.
Reserve Bank Visa Credit Card Standard Digital Business Standard Seamless Sign Up Business Standard Digital

Regulators Ponder Strategy As Bitcoin & Co Are Too Large to Ignore

Regulators Ponder Strategy As Bitcoin & Co Are Too Large to Ignore As the crypto industry grows, "it’s natural" that regulators would increase their scrutiny. Some argue that the intention of regulators is to suffocate crypto and make way for CBDCs. No major changes expected in the US in at least the next few months. Source: Adobe/Jon Le-Bon The writing is on the wall: regulation is coming for crypto. While a small handful of nations have already introduced specific cryptoasset legislation...
United States Bambos Tsiattalou Janet Yellen Joe Biden Lyn Alden Swan Bitcoin

HK should leverage CBDC to gain digital finance leadership

HK should leverage CBDC to gain digital finance leadership By Kenny Shui and Judy Chen | China Daily Asia | Updated: 2020-12-31 09:16 The booth of the Digital Currency Institute of the Peoples Bank of China at an expo in Beijing. [Photo provided to CHINA DAILY] As the popularity of electronic payment on the mainland continues to soar, Beijing is also taking the digitization of legal tender (or central bank issued currency) seriously. On the 40th anniversary of...
United States Hong Kong Central Bank Digital Currency European Central Bank International Settlements Federal Reserve

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