Digital currency – CryptoPurview https://cryptopurview.com Mon, 11 Jan 2021 23:03:22 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.1 https://cryptopurview.com/wp-content/uploads/2022/10/CP-logo.png Digital currency – CryptoPurview https://cryptopurview.com 32 32 The digital currencies might move to a completely new level and BoE approves https://cryptopurview.com/the-digital-currencies-might-move-to-a-completely-new-level-and-boe-approves/ Thu, 26 Nov 2020 08:09:11 +0000 https://cryptopurview.com/?p=8932 2020 has taught us many lessons. While we have all learned how to sit still at home and how to practice social distance, we also learned how to keep the...

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]]> Swiss interested in wholesale use digital currency but not retail https://cryptopurview.com/swiss-interested-in-wholesale-use-digital-currency-but-not-retail/ Fri, 13 Dec 2019 20:46:38 +0000 https://cryptopurview.com/?p=8102 In a recent report published by the Swiss Federal council, the council reported that a “Universally accessible [retail] central bank digital currency would bring no additional benefits for Switzerland at...

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]]> No need for digital dollar: Says US Federal Reserve and Treasury https://cryptopurview.com/no-need-for-digital-dollar-says-us-federal-reserve-and-treasury/ Fri, 06 Dec 2019 12:41:33 +0000 https://cryptopurview.com/?p=8021 [inlinetweet]The US Federal Reserve Chairman Jerome Powell and Treasury Secretary Steven Mnuchin don’t see a need for the digital dollar.[/inlinetweet] In a Financial Services Committee hearing held on 5th Dec,...

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]]> France to experiment central bank digital currency in 2020 https://cryptopurview.com/france-to-experiment-central-bank-digital-currency-in-2020/ Wed, 04 Dec 2019 21:16:26 +0000 https://cryptopurview.com/?p=7968 France to experiment with central bank-issued digital currency in 2020. In a conference hosted by ACPR, the Bank of France Governor Francois Villeroy de Galhau said that the central bank...

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]]> Europe plans to overcome US-based payment providers dominance https://cryptopurview.com/europe-to-overcome-us-payment-providers-dominance-open-to-euro-digital-currency/ Thu, 28 Nov 2019 03:33:39 +0000 https://cryptopurview.com/?p=7842 Europe is planning to build an improved instant payment system to overcome the dominance of US-based payment providers such as Visa, Mastercard, PayPal, etc in Europe. To overcome this threat,...

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]]> Chinese digital currency is the perfect excuse for Libra https://cryptopurview.com/chinese-digital-currency-is-the-perfect-excuse-for-libra/ Tue, 19 Nov 2019 17:48:12 +0000 https://cryptopurview.com/?p=7627 There’s a very interesting saying that almost every culture uses and that’s “Fighting fire with fire”. This phrase has not been more relevant than in the United States-China trade war...

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]]> How China plans to design an auditable – permission blockchain payment system https://cryptopurview.com/how-china-plans-to-design-an-auditable-permission-blockchain-payment-system/ Mon, 18 Nov 2019 23:26:00 +0000 https://cryptopurview.com/?p=7603 Recently People Bank of China (PBoC) said that the main purpose behind creating a new blockchain-based payment system is to mitigate the financial risk posed by existing electronic payment platforms...

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]]> China still in the process of research and testing its digital currency https://cryptopurview.com/china-still-researching-and-testing-its-digital-currency/ Wed, 13 Nov 2019 23:34:09 +0000 https://cryptopurview.com/?p=7556 The People Bank of China (PBoC) has released a statement on Nov.13 that reports of PBoC have issued the digital currency is false. Adds it has not authorized any asset...

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]]> Why the central banks are rushing to create a digital currency https://cryptopurview.com/why-central-bank-are-rushing-to-create-the-digital-currency/ Fri, 08 Nov 2019 23:08:29 +0000 https://cryptopurview.com/?p=7395 Digital innovation is transforming economic activity by creating simplicity and accessibility. In recent years with technological advancements, a shift in general public payment patterns has emerged. Less use of cash...

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]]> Holders of China’s digital currency would not receive interest payments https://cryptopurview.com/holders-of-china-digital-currency-would-not-receive-interest-payments/ Wed, 06 Nov 2019 10:48:00 +0000 https://cryptopurview.com/?p=7293 More details about China's digital currency have been revealed. As per the official, holders of the currency would not receive interest payments.

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