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France Begins Testing Central Bank Digital Currency on Tezos Blockchain

France Begins Testing Central Bank Digital Currency on Tezos Blockchain

Posted by By Vince Saboti September 17, 2020Posted inBitcoin News
Société Générale - one of the largest financial conglomerates in Europe - will test out the possibility of introducing a central bank digital currency (CBDC) using the Tezos blockchain, as reported in a…
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Nigeria's Regulator Equates Virtual Currencies to Securities

Nigeria’s Regulator Equates Virtual Currencies to Securities

Posted by By Vince Saboti September 16, 2020Posted inBitcoin News
On September 14, Nigeria's National Securities and Exchange Commission (SEC) published guidelines for regulating cryptocurrencies, classifying them as securities. In a publication on the Commission's web page, the regulator clarified that it classified…
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Bahamas Digital Currency Will Be Launched in October

Bahamas Digital Currency Will Be Launched in October

Posted by By Vince Saboti September 16, 2020Posted inBitcoin News
Perhaps the Bahamas will be the first country in the world to launch its own digital currency. The national cryptocurrency will be called "Sand Dollar" and will appear in October. As stated by…
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Chinese Authorities Will Oblige Local Companies to Accept Digital Yuan

Chinese Authorities Will Oblige Local Companies to Accept Digital Yuan

Posted by By Vince Saboti September 16, 2020Posted inBitcoin News
Fan Yifei, deputy governor of the Central Bank of China, told Financial News that companies and individuals in the country will be required to accept the digital yuan (CBDC) once it is launched.…
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Central Bank of Thailand Launches Blockchain-Based Bond Issuance Platform

Central Bank of Thailand Launches Blockchain-Based Bond Issuance Platform

Posted by By Vince Saboti September 15, 2020Posted inBitcoin News
The central bank of Thailand has launched a blockchain-based platform for government-issued savings bonds. The platform has already issued bonds worth $1.6 billion. According to the Central Bank of Thailand in a press…
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Jihan Wu Reinstated His Control Over Bitmain

Jihan Wu Reinstated His Control Over Bitmain

Posted by By Vince Saboti September 15, 2020Posted inBitcoin News
Jihan Wu managed to regain control of the mining equipment manufacturer Bitmain - he became the official representative and CEO of the company. The updated business registration data in China suggests that Jihan…
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The Hong Kong Bitcoin Association Places BTC Ads

The Hong Kong Bitcoin Association Places BTC Ads

Posted by By Vince Saboti September 14, 2020Posted inBitcoin News
The Bitcoin Association of Hong Kong, increasing the awareness of the cryptocurrency community and engaging in education in this sphere, launched the advertising campaign Bitcoin Tram. According to a declaration from September 11,…
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By 2030 3-5 Countries Will Change Fiat Currency for CBDC

By 2030 3-5 Countries Will Change Fiat Currency for CBDC

Posted by By Vince Saboti September 14, 2020Posted inBitcoin News
By 2030, between three and five countries will make the transition to replace their currency with the digital currency issued by the central banks (CBDC). This conclusion is made in the report of…
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The Whiskey Tokenization Fund Bought 1000 Bourbon Bottles

The Whiskey Tokenization Fund Bought 1000 Bourbon Bottles

Posted by By Vince Saboti September 13, 2020Posted inBitcoin News
The fund, created in March for the tokenization of whiskey in the amount of up to $20 million, announced its first successful investment round and the purchase of the first Kentucky bourbon. On…
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Digital Euro Should Use the Support of the Private Sector, French Central Bank Head Says

Digital Euro Should Use the Support of the Private Sector, French Central Bank Head Says

Posted by By Vince Saboti September 13, 2020Posted inBitcoin News
François Villeroy de Galaou, Governor of the Central Bank of France, during his speech at an online conference organized by the central bank of Germany, spoke about the potential benefits of the private…
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