• The Bank of England (George Rex via Flickr, CC-BY-SA).
    Politics

    6 central banks team up to explore digital currencies

    England’s apex bank is joining forces with the Bank of Canada, the Bank of Japan, the European Central Bank, and others to study use cases for central bank digital currencies

    The Bank of England’s statement said the group will explore “CBDC use cases; economic, functional and technical design choices, including cross-border interoperability; and the sharing of knowledge on emerging technologies.”

  • "Crypto Dad" Chris Giancarlo is now fighting for a digital dollar (via Chamber of Digital Commerce).
    Politics

    ‘Crypto Dad’ goes all in on digital dollar

    Former CFTC chairman Chris Giancarlo partners with Accenture promote the potential of a U.S. central bank digital currency

    Former CFTC Chairman Chris Giancarlo has moved from regulating digital currencies to fighting for one with the launch of the Digital Dollar Foundation.

  • This is for my boyfriend, so don't tell my husband! (Library of Congress via Wikimedia Commons).
    Cryptocurrencies,  Regulation

    Rationing Privacy: ECB suggests digital currency ‘anonymity vouchers’

    An EU-issued central bank digital currency could provide an allowance of tokens good for keeping Big Brother from looking at your spending

    Planning to score some cocaine before meeting your girlfriend at a hotel? Neither the cops nor your wife will be any the wiser if you use some of the “anonymity vouchers” Europe’s central bank just proposed building into an e-euro. It’s kind of like trying to sneak across a room unseen by screaming, “nobody look at me!”

  • Venture capital, grinding everyone's gears (via Shutterstock).
    Technology

    VC investments fall sharply, but blockchain usage rises

    CB Insights predicted start-up funding will drop 60%, but IDC said spending on blockchain implementation will double

    A new report from CB Insights said investments in blockchain technology start-ups have tanked so far in 2019, and could end the year 60% lower than 2018. But the interest in the technology in the corporate world appears to be booming, with Fortune 500 companies investing more time and effort in bringing blockchain projects to fruition.