While much attention focuses on the retail central bank digital currency (CBDC) ruminations of China, Europe and the United States, smaller jurisdictions are leading the way. For example, Uruguay, the Bahamas, the Eastern Caribbean Central Bank, Nigeria and Jamaica have each launched pilot CBDCs over the past three years.The potential benefits of CBDCs are numerous – from … [Read more...] about CBDCs for the People? Where the Current State of Digital Currency Research Leads
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BlackRock iShares Exec Says Firm Has ‘No Current Plans’ to Launch Crypto ETFs: Report
BlackRock global head of iShares and index investments, Salim Ramji, said in an interview the $9.5 trillion firm has “no current plans” to launch cryptocurrency exchange traded funds (ETFs).“I personally think crypto - things like stablecoins and certainly things like distributed ledger technologies are a disruptive technology,” Ramji told the Financial News in an … [Read more...] about BlackRock iShares Exec Says Firm Has ‘No Current Plans’ to Launch Crypto ETFs: Report
Bitcoin likely won’t entirely replace current financial system, Coin Center director says
Bitcoin may not mean an end to traditional currency and banking, according to research director of Coin Center Peter Van Valkenburgh “I think there are folks in the Bitcoin community who probably make too many noises about how Bitcoin is going to dominate all economic systems and nobody will be using dollars anymore, and nobody will be using banks anymore, and I think that’s … [Read more...] about Bitcoin likely won’t entirely replace current financial system, Coin Center director says