Details

Rep. Waters calls on Biden to reverse policies that let banks custody cryptocurrencies and stablecoin reserves

Bank of Japan forms committee to share details on CBDC proof-of-concept

The Bank of Japan said Friday that it has created a “liaison and coordination committee” intended to support its planned efforts to test a central bank digital currency (CBDC) in the coming weeks. As previously reported, Japanese central bank officials said this month that its experiments would begin in the spring. The purpose of the …

Bank of Japan forms committee to share details on CBDC proof-of-concept Read More »

The Bahamas Reveal Details, October Date of Landmark Central Bank Digital Currency Debut

The Bahamas Reveal Details, October Date of Landmark Central Bank Digital Currency Debut

The Bahamas confirmed it will cross the central bank digital currency (CBDC) finish line next month. “The intended outcome of Project Sand Dollar is that all residents in The Bahamas would have use of a central bank digital currency, on a modernized technology platform, with an experience and convenience – legally and otherwise – that resembles …

The Bahamas Reveal Details, October Date of Landmark Central Bank Digital Currency Debut Read More »

Genesis CEO Details 'Black Thursday' Chaos in Q1 Lending Report

Genesis CEO Details ‘Black Thursday’ Chaos in Q1 Lending Report

Genesis, a trading firm that also lends to institutional cryptocurrency investors, has provided a behind-the-scenes look at how staffers scrambled to meet client demands as the spread of coronavirus sent bitcoin prices swooning last month.  As described in its latest quarterly lending report on Thursday, the peak of the drama came on March 12, when …

Genesis CEO Details ‘Black Thursday’ Chaos in Q1 Lending Report Read More »