Michelle Korver has been appointed as FinCEN’s first-ever top digital currency advisor
Michelle Korver, who was appointed by FinCEN, has been fighting against money laundering as as early as 2013, when she joined the company. FinCEN has hired Michele Korver, a former employee with the United States Department of Justice, to be the agency’s first chief digital currency advisor. Korver formerly worked for the DOJ. According to […]
Bitcoin Trading: Ukrainian E-bank, Monobank Plans to Launch BTC Debit Card In July
Monobank has applied to the National Bank of Ukraine for permission to introduce a Bitcoin debit card later this month. The National Bank of Ukraine has given Monobank permission to deploy its Bitcoin debit card later this month, pending clearance from the bank. An e-bank with a significant presence in Ukraine is gearing up to […]
Japan’s Central Bank Digital Currency (CBDC) will enter its second phase by 2022
The Digital Yen plans by Japan’s CBDC development team is set to enter the second phase by 2022. The country has said it would have more clarity on what the digital yen would look like by then. By the end of next year, Japan will have greater clarity on its CBDC product, the digital Yen. […]
Vietnam’s State Bank Starts explorations into the use of digital currency on the block chain
Vietnam’s prime minister, Phm Minh Chnh, has tasked the State Bank with conducting a research and implementation pilot programs for a digital currency in the country. According to reports, the State Bank of Vietnam is poised to become the next central bank to investigate the feasibility and operational viability of central bank digital currencies (CBDCs). […]
The central bank of Singapore is awarding cash prizes for innovative digital currency concepts
The Singapore Monetary Authority, the country’s central bank and a major financial regulator, has issued a challenge to fintech businesses to propose solutions for a central bank digital currency or CBDC. The central bank of Singapore launched a global challenge on Monday to find new retail CBDC solutions that improve payment efficiency and promote financial […]