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BIS Survey 2020 reveals 80% Central Banks developing new Digital Currencies to counter Cryptocurrencies

A new survey by BIS reveals that 80 % of central banks across the globe are in the process to launch their own digital currency, which is a significant development in recent years. The survey has...

Feb 06, 2020 0 | 0

Bank of England Cautions that Crypto-oriented Economy could Destroy Bank Lending.jpg

Bank of England Cautions that Crypto-oriented Economy could Destroy Bank Lending

Deputy Governor of Bank of England Sir Jon Cunliffe recently warned that in the cryptocurrency oriented economy, the supply of credit through the banking system could disappear. He further pointed...

Mar 10, 2020 0 | 0

Data Centre Construction - World First artificial intelligence AI-Tech Utility Token
Data Centre Construction - World First artificial intelligence AI Tech
Bank of Spain Greenlights Euro-Backed Stablecoin Token Pilot Program

Stablecoin and CBDC (central bank digital currency) research is gaining traction in Europe. The issuance of digital tokens pegged to the euro was approved as part of a pilot initiative by the Bank...;

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