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central bank digital currencies, Central bank digital currencies (CBDC), Cryptocurrency, Daily news, digital currencies, Digital Currency, digital Euro, digital money, E-Money -

Christine Lagarde, the head of the European Central Bank, appears serious about a digital euro. Barely a month after the central bank issued a major report on the topic, and opened a public... more

The post Europe pushing to be first with digital euro – but risks are real appeared first on Payments Cards & Mobile.

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Bitcoin, Blockchain, Cryptocurrency, Daily News, digital currencies, Digital Currency, digital money, Ethereum, Issuing & Acquiring, Remittance -

The Bank for International Settlements has warned Central bankers that they risk endangering the stability of the global financial system if they launch their own digital currencies in an effort to destroy competition from rivals from outside the official sphere. “A central bank digital currency could allow for ‘digital runs’ towards the central bank with [...]

The post Digital currencies pose stability risk to Central Banks – BIS report appeared first on Payments Cards & Mobile.

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Bitcoin, Blockchain, crypto exchange, cryptocurrencies, Cryptocurrency, cyber attacks, Cyber Security, Daily News, digital money, E-Money, Fraud & Security, ICO, Initial Coin Offerings, Issuing & Acquiring, Mt. Gox -

According to Reuters: “Japan’s financial regulator said on Friday it had ordered all cyrptocurrency exchanges to submit a report on their system risk management, following the hacking of over half a billion dollars of digital money from Coincheck.” Whilst the whole premise of blockchain technology and cryptocurrencies revolves around it being essentially unhackable, the exchanges [...]

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