Tech News

International press articles about news and trends in financial services technology

Australian government embraces blockchain with new trial and public servants network

27.11.2020 - Following the launch of a nationwide APS blockchain network for federal, state and local staff, Australia has launched an international blockchain trial with Singapore. › see more

Central Bankers, Experts Outline Possible Scenarios for CBDC Adoption

26.11.2020 - Central bank digital currencies (CBDCs) can have broad implications for the global balance of power in both finance and politics, but the optimal scenarios for adoption have yet to be found. › see more

BIS Paper Says There's Potential to Embed Regulation Into Stablecoin Systems

25.11.2020 - Regulatory responses to private, "global" stablecoins like Libra need to take into account the potential of the technology in payments, according to economists working at the Bank for International Settlements (BIS) › see more

Deutsche Bank: Central bank digital currency will replace cash in long term

24.11.2020 - Deutsche Bank has called on Europe to accelerate the development of central bank digital currencies. › see more

PayPal's crypto trading goes live in the US

23.11.2020 - Customers will be able to trade up to $20,000 a week, rather than the originally announced $10,000. › see more

EU will decide on digital euro in January 2021: ECB president

20.11.2020 - The president of the European Central Bank, Christine Lagarde, has said that the bank should reach a decision on releasing a digital euro early next year. › see more

From PayPal to Libra: Big Tech Has Forced Central Banks to Wake Up to CBDCs, Says Benoit Coeure

18.11.2020 - Libra was the final wake-up call for central banks that prompted serious consideration of digital currency issuances, according to Benoit Coeure, head of the Innovation Hub at the Bank for International Settlements (BIS). › see more

Only 4% of Norway uses cash as country evaluates CBDC, Norges Bank exec says

16.11.2020 - Cash usage has declined in Norway since COVID-19, but physical currency also carries strengths that CBDCs may lack. › see more

Blockchain adoption 2021: Going mainstream through enterprise use

13.11.2020 - Optimistic blockchain predictions for next year may be accurate, but a lot of factors will have to fall into place. › see more

Economy minister says Brazil will have its own CBDC

12.11.2020 - Paulo Guedes said that the Brazilian real will have a digital counterpart and also highlighted the autonomy of its central bank. › see more