A multi-year research project has been launched by the Central Bank in Estonia. The project is related to determining the volatility of a central bank digital currency (CBDC) for the country. Known as Eesti Pank, the central bank is convinced that both residents and businesses will be able to benefit from a CBDC, as it…
There are numerous governments that have expressed their support for Central Bank Digital Currencies (CBDCs) and it almost appears as if every country is jumping on this train. However, there are some nations that are still holding out and have also shared their concerns about the viability of these digital currencies. Canada is one such…
The Vice President of Global Operations at a consumer protection agency, MyChargeBack is Michael Cohen. He recently made comments about how fraudsters are taking advantage of transactions involving cryptocurrencies, especially their irreversible nature. When Bitcoin had been first revealed, one of its highlights had been how it would provide protection to retailers, much more than…
Cryptowisser, an analyst of the crypto industry and crypto exchange firms, published its recent report. In the report, Cryptowisser has said that 2020 has turned out be a graveyard for many crypto exchange firms. The report suggests that a large number of crypto exchanges, in particular, decentralized exchanges have vanished for several reasons. Some of…