Christian Science Monitor:
That “would be a game changer,” he says. Underlying these digital currencies is a revolutionary technology, called blockchain, which creates secure records of digital transactions and can safeguard digital assets from counterfeiting or theft. The so ... South China Morning Post:
This could help make monetary policy more effective, according to a study by economists at the Bank of England. But it could also be risky if depositors were tempted to convert their bank deposits into central bank money during a banking crisis ... Cryptovest:
However, Hiromi Yamaoka—Head of the Bank of ... Payment and Settlement Systems Department—is not optimistic about the future of digital currencies. Speaking at a financial forum hosted by Reuters, he said that cryptocurrencies are “too far off ...and more ... MIT Technology Review:
The country is a hub for trading virtual currencies despite a government clampdown and North Korean cyberattacks.and more ... Bloomberg:
Digital tokens based on the blockchain, often referred to as cryptocurrencies, have proved appealing as tools for speculators, since ... increase in value if the demand for their use grows. The most prominent is bitcoin, but ... also ethereum ...and more ... Financial Times:
Central banks should be more open to creating digital versions of their currencies, which could offer significant benefits to society, the chairman of Swiss bank UBS says. Axel Weber is a past president of ... conservative Bundesbank — and was ...and more ... Asia Sentinel (blog):
... envisioned the J-Coin could not only serve as a government-backed digital alternative to fiat currency, but ultimately to bring about the elimination of coin transactions. For a country that has long been famous for its heavy cash-based economy ...and more ... CryptoCoinsNews:
Contrary to the central ... remarks, a number of Japanese banks are already testing blockchain-powered domestic fund transfers to replace ... the current national payments clearing platform that restrictively allows money transfers between 8 ... Nasdaq:
Some pundits have even gone so far to suggest that coins could replace equity as the denomination of value for individual companies. Of course, legally speaking, equity is still the tie that binds ownership value. You could have a million coins issued ...and more ... Indiatimes.com:
After the Indian demonetization policy, the digital currency acceptance has increased. India might release its own cryptocurrency soon. Specially after the launch of Digital India campaign in July 2015, there has been a rise in digital payments in ...and more ...
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