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CBDCs
‘Britcoin?’ Bank of England Official Says UK Will ‘Probably’ Launch a CBDC
The U.K.’s central bank is reportedly considering launching a digital currency, called “Britcoin,” to maintain citizens’ confidence in the availability of public money. “The Hash” panel debates the utility of CBDCs and the privacy implications of central bank digital currencies.
Binance Under Fire; Internet Giant Naver Takes on South Korea’s CBDC
The Asian crypto industry reacts to the US Department of Justice and Internal Revenue Service money laundering probe into Binance. In South Korea, the nation’s largest internet company plans to join Bank of Korea’s CBDC ventures. Over in Singapore, Southeast Asia’s largest lender DBS Bank expands its crypto services for its private bank clients by launching a crypto trust solution. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Card-Based Digital Yuan Wallet Manufacturer to Use Fingerprint ID Tech
China’s Chutian Dragon, a smarts cards manufacturer, is reportedly making a card-based wallet for the digital yuan with fingerprint identification technology. “The Hash” panel weighs in on the global direction of central bank digital currencies (CBDCs), surveillance, and tracking.
Ether Breaks New Records; South Korea Split on Crypto Tax
Ether is making history with new all-time highs in prices as gas fees plunge following the latest network upgrade. Analysts say the market sentiment has improved after the European Investment Bank’s bond issuance on the Ethereum and backing from various CBDC initiatives.
The Digital Dollar Foundation and Accenture to Launch Digital Dollar Pilots
The Digital Dollar Foundation and Accenture announced they’re launching five pilot programs to test the US central bank digital currency (CBDC) design and uses.
Crypto Talk With PwC Global Crypto Leader Henri Arslanian
PwC Global Crypto Leader Henri Arslanian discusses the significance of JPMorgan reportedly launching an actively traded bitcoin fund, crypto tax implications for institutional investors, and whether or not central bank digital currencies (CBDCs) can coexist with bitcoin.