Mitsubishi UFJ to Launch ‘Digital Asset Wallet,’ Suspends Blockchain Payments Project
The Japanese financial behemoth the Mitsubishi UFJ Financial Group is set to create a wallet that will be capable of storing and making use of “blockchain-powered digital assets” and NFTs– although its primary goal appears to be the securities tokens market. Also, the financial giant announced that it has "begun preparing to suspend the operations of Global Open Network Japan."
Bank for International Settlements Exec Shows New Fondness for CBDCs
General manager at the Bank for International Settlements (BIS) Agustin Carstens seems to have changed his negative stance towards central bank digital currencies (CBDCs), now stating that such currencies could open up new possibilities.
US Fed’s new job posting shows it is researching on how to integrate digital currencies to payments
The U.S. Federal Reserve, the country’s central bank, is apparently researching on how to integrate digital currencies to its retail payments section.
Marshall Islands President Faces No Confidence Vote Due to National Crypto Plans
The President of the Republic of the Marshall Islands Hilda Heine faces a vote of no confidence due to her administration’s plans to introduce a national digital currency, Radio New Zealand News (RDZ) reported Nov. 5.
Bank of England Issues Working Paper on Central Bank Digital Currencies
On May 18, the Bank of England released a staff working paper, laying out various scenarios of possible risks and financial stability issues of central bank digital currencies (CBDCs).
“Free Money Guy” Matthew Lesko Says Crypto Are Gamble, Scam
Matthew Lesko, the US author who made himself a name in the 90s writing books on how to get “free money” from the United States government, claimed that cryptocurrencies are a scam and Bitcoin is a “gamble,” talking to CNET in an interview on Feb. 20.