• 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.”

  • Trust Square
    Cryptocurrencies,  Innovators

    What it’s like inside Trust Square, Zurich’s blockchain innovation hub

    We got a private tour from co-founder Ozan Polat

    ZURICH—A vibrant blockchain community has blossomed in Switzerland. On April 27, 2018, Ozan Polat and four other founding partners opened Trust Square in the Swiss capital. The three-floor coworking space (they’re adding a fourth soon) boasts a central Banhofstrasse address and houses some 40-45 companies actively doing work in the blockchain space. It’s exclusive! “We’re extremely startup-focused, and we do a little due diligence before we approve a membership here,” Polat told us when Modern Consensus visited for a tour. “We try to identify what these projects provide to the community. Some hedge funds want offices here, but they don’t make anything.” As a center of gravity for innovation in…