The COVID-19 pandemic could steer global economies toward the mass adoption of digital cash, says Deutsche Bank’s macro strategist.
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The European Central Bank (ECB) has asked for public comments on its economic policy in a strategic review to last until August 2020. “The ECB is listening,” they say. “As... The post ECB Requests Public Input on its Monetary Policy appeared first on Trustnodes.
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Since the coronavirus started spreading in the U.S., two banks have failed and were shut down by state banking authorities. One was a bank in West Virginia and the other was in the state of Nebraska. The governor of West Virginia has already issued a stay-at-home order…
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South Korea’s central bank is working to develop a state-backed digital currency—though there are no plans for an immediate release just yet.
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It would be fair to say that Bitcoin didn’t perform too well in March. For those who have been living under a rock, the cryptocurrency shed more than 50 percent of its value on Mar. 12 and 13, plunging from a price just shy of $8,000 to…
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The Ethereum price increased by 16 percent on the day against the U.S. dollar. Prior to the rally, analysts anticipated ETH to see a rapid recovery to $200 in the near-term. Josh Olszewicz, cryptocurrency technical analyst, was one of the few who observed an ascending triangle forming…
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The weekend was pretty uneventful as far as the BTC price is concerned. The largest and most popular cryptocurrency continued to trade in the high-$6,000s and at the time of publishing, is valued at just over $7,000. As BeInCrypto reported last week, some forecasts suggest that it…
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The Bank of Korea, the country’s central bank, has launched a pilot program for testing digital won. The post South Korea’s central bank begins pilot program for testing digital currency  appeared first on The Block.
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The Bank of Korea has just launched a pilot program to test the digital won, its own central bank digital currency (CBDC).
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Marion Laboure, a researcher for Deutsche Bank, has co-written a paper that suggests the current COVID-19 outbreak which has been known to transmit through the transfer of paper money, could accelerate the already heightened interest in Central Bank Digital Currencies (CBDC). Many central bank governors have already highlighted the potential…
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