• XRP beats Bitcoin Ether as CBDC platform
    An Australian university looked at three major cryptos as potential CBDC platforms (Photo: Patty Jansen/Pixabay)
    Ripple,  XRP

    XRP beats Bitcoin, Ether as central bank digital currency platform

    An Australian report said Ripple’s permissioned network enjoys ‘the trust of many banks as a model for CBDCs’

    March 8, 2021 /

    Ripple is a better platform for central bank digital currencies than Ethereum or Bitcoin, according to a new report from CPA Australia, a large accounting industry association. It said that Ripple and the XRP token that underpins it “enjoy the trust of many banks as a model for CBDCs because it is highly centralized and is based on a permissioned network where only certain network nodes can validate transactions, as opposed to decentralized and permissionless Bitcoin and Ether.”

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  • ConsenSys partners China BSN
    Joe Lubin's ConsenSys is taking a big step into China (Photo: Wikimedia Commons)
    Technology

    ConsenSys snags key partnership with China’s national blockchain project

    The deal between the Ethereum development firm and the government-controlled Blockchain-based Service Network puts Quorum front and center with Chinese DApp developers

    January 25, 2021 /

    Five months after ConsenSys acquired the Quorum blockchain from creator JPMorgan bank, the Brooklyn-based Ethereum development firm has announced a major coup: a partnership with China’s national blockchain project.

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  • Australia researches Ethereum-based CBDC
    Koala's don't really have anything to do with wholesale CBDCs, but they're cute so you looked (Photo: Pixabay)
    Cryptocurrencies,  Politics,  Technology

    Australia’s central bank to research Ethereum-based CBDC

    The Reserve Bank of Australia is working with ConsenSys software on a proof-of-concept using a tokenized digital currency usable for back-end transactions between banks

    November 2, 2020 /

    The alliance will investigate the potential use and implications of a wholesale form of CBDC using distributed ledger technology (DLT), which is not accessible to consumers but only to financial institutions—and in some cases other parties that move large quantities of money.

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  • Europe regulate crypto assets
    The European Commission is providing clarity for cryptocurrency businesses while cracking down on stablecoins. (Photo: Pixabay
    Cryptocurrencies,  Europe,  Regulation

    Europe unveils plans to regulate cryptocurrencies. It’s good news and bad news

    While the proposed measures will make it easier for crypto companies to operate across the EU, global stablecoin issuers are going to face ‘stringent requirements’

    September 24, 2020 /

    Under the new rules, a fintech company that obtains a license to operate in one EU nation will be able to provide services in the trading bloc’s 26 other member states automatically.

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