The inexorable desire of the mainstream to annex the alternative sector continues. We’ve reported and blogged on this before. Digital does note mean crypto… The latest development is revealed by our friends at Finextra. Norway’s central bank has made the source code for its CBDC sandbox publicly available and confirmed that the prototype infrastructure for […]
Everyone has an opinion, but the opinions are invariably different. Yes, we are talking cryptocurrencies and their management and regulation. Here come two… First up, Altfi runs a policy statement on crypto policing from Lisa Cameron MP, Chair of the Crypto and Digital Assets All Party Parliamentary Group. She argues lawmakers need keep pace […]
Out of the darkness, light. A new paper reveals the ultimate goal of central bankers and their desire to foist Central Bank Digital Currencies (CBDCs) on the financial system. The paper makes it clear that the ultimate goal is stability in the system – reinforcing the argument regularly made in this News section that CBDCs […]
We’ve said this before, and we may have to say it again: Central Bank Digital Currencies (CBDCs) are not cryptocurrencies. It’s in this light we want to view an initiative from the European Central Bank, which doesn’t quite claim that CBDCs are cryptos – they can’t be crypto, as a central banker oversees the central […]
The Norwegians are getting in on the pretend-crypto (aka Central Bank Digital Currency or CBDCs) act. CBDCs are not – repat, not – genuine cryptocurrencies. Cryptos have a decentralised algorithm at the heart of their money system – the maths is on charge, not a central ledger run by a central bank. CBDCs sound like […]
The capital-management crisis behind the war in Ukraine is largely unseen and unfollowed. Prevailing analysis starts with the idea that buying gas from Russia is a bad idea as the cash is used to fuel Putin’s war machine. The thinking pretty much stops there too. There’s little doubt that control of capital is a key […]
The relentless march of digital currencies continues. We run an extended excerpt from our friends at Crowdfundinsider on the proposed launch of a pan-European central bank digital currency. As pointed out several times on this News site, and in our blogs, a CBDC is a digital token, not a cryptocurrency. That has ramifications for oversight, […]
Regular visitors to this News site and its related blogs will know we take a keen interest in cryptocurrencies and their digital currencies (which are not cryptocurrencies) Central Bank Digital Currencies (CBDCs). Here’s a recent blog on what we think CBDCs are a coming thing, like them or not. So we were interested in what […]
The recent report from the Economic Affairs Committee of the House of Lords is a classic case of heads in the sand – or wherever the sun doesn’t shine. The members of the committee are on the whole clever people with strong backgrounds in finance and its academic study. They seem to be committed to […]
Today, we bring a counter-cultural snippet. Central banks are set to roll out their own digital currencies soon (not the same as cryptocurrencies, which are driven by an independent algorithm). A recent blog explains the situation. Central banks and their governments are understandably desperate to establish their own digital currency as the dominant world brand. […]