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Crypto 2020: One Step Up; Two Steps Back

PYMNTS

If 2020 taught us anything about cryptocurrencies, it’s that they’ve reached a tipping point. Or maybe that cryptocurrencies have yet to go mainstream beyond the headlines because fraud still lurks. Bitcoin, of course, exists as one of the most widely recognized cryptocurrencies.

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Fed Sees Possible Path To ‘Direct Issuance’ Of Digital Dollars

PYMNTS

And as PYMNTS has previously reported , the Boston Federal Reserve has been working with the Massachusetts Institute of Technology to explore tech infrastructure. Notably, China’s central bank is already developing and testing a national digital currency in the Asian nation.

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The Lures – And Challenges – Of Central Bank Digital Currencies

PYMNTS

And we’re not talking about the myriad of cryptos that have popped up hither and yon, offered by private companies across what is still a Wild West for issuance (with no real set of security principles, yet) and scattered use cases. Beyond that, national efforts are piecemeal. Fed, the Swiss National Bank and others.

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EU Bankers Weigh Risks, Rewards of CBDC – and Cash’s Staying Power

PYMNTS

In Berlin, where last week saw a two-day meeting of financial officials from Europe, central bankers discussed digital payments and the confines of digital, national currencies. At a high level, officials said that the European Central Bank should be the only one that should issue digital currencies.

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Australia Central Bank Sees No ‘Public Policy’ Case For CBDC (For Now)

PYMNTS

But: The bank is keeping an eye on the experiences and progress of other nations, and still is researching its own technological and “policy implications” of wholesale forms of CBDC. As has been widely reported, 80 percent of 66 central banks queried by the Bank of International Settlements (BIS) said they were working on CBDCs.

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The PYMNTS 2018 Summer Top 10 List

PYMNTS

The charges came three months after a previous legal action, where Holmes was on the receiving end of a civil lawsuit from the Securities and Exchange Commission (SEC), amid allegations of “massive fraud.” Crytpo’s Big Flash Crash. That represents a 6 percent crash in over a day, kicked off by bitcoin dropping $300 in just over an hour and 4.5

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How Blockchain Tech Could Disrupt Real Estate

CB Insights

Reducing siloed databases: Real estate processes would benefit from secure and tamper-resistant shared databases that compile data and documents from various different stakeholders in one place. Imbrex is reportedly planning to launch smart contract-enabled transactions using its own cryptocurrency. Imbrex’s platform.