The Norwegian Central Bank has announced it will begin testing the technical solutions for its proposed Central Bank Digital Currency (CBDC), an initiative that will span over the course of two years.
Author: Godfrey Benjamin
Godfrey Benjamin
Godfrey contributed to Blockchain Journal between 2020 and 2021, covering cryptocurrency markets and blockchain-related developments with a focus on technical analysis and market structure. His reporting examined price behavior, network activity, and on-chain signals to provide contextual insight into market dynamics.
The cryptocurrency industry is riding low with the rest of the global stock market as the fears of an increase in the Capital Gains Tax offsets the market.
Thodex, a Turkish cryptocurrency exchange may be facing a criminal investigation from the authorities as many of its users have filed complaints alleging fraud.
Ethereum (ETH), the world’s second-largest cryptocurrency by market capitalization is on the bounce today despite the broader market yet to recover from the plunge spiked by the Xinjiang blackout over the weekend.
The Chief Investment Officer (CIO) of Guggenheim Partners, Scott Minerd has re-emphasized his short-term bearish price projections for Bitcoin (BTC) in an interview with CNBC.
WeWork is all out on cryptocurrencies as it plans to begin accepting payments for its shared spaces in digital currencies.
Paypal-owned payment app, Venmo has launched its “Crypto on Venmo” feature to allow its diverse customers to buy, hold and sell four of the biggest digital currencies.
The world’s largest cryptocurrency exchange by trading volume, Binance Holdings Ltd has announced the appointment of Brian Brooks as the Chief Executive Officer of its Binance.US subsidiary.
The United Kingdom through its Government has announced its Central Bank Digital Currency (CBDC) Taskforce, which will bring together HM Treasury and the Bank of England, to coordinate the exploration of a potential digital Pound for the country. As contained in the official press release, the Taskforce will be co-chaired by the Deputy Governor of the Bank of England, Jon Cunliffe, and HM Treasury’s Director General of Financial Services, Katharine Braddick.
The People’s Bank of China (PBoC) is looking to make its Central Bank Digital Currency (CBDC) also known as the e-Yuan (e-CNY) available to foreign athletes and visitors at the Beijing Winter Olympics in 2022. The update was made known by Li Bo, deputy governor of the People’s Bank of China, and the move will make it the first time non-Chinese residents will be having access to interact with the e-CNY.