Dutch Central Bank Wants to Be European Union’s CBDC Proving Ground

The Dutch Central Bank (DNB) thinks the Eurosystem’s central bank digital currency (CBDC) should be more programmable than bitcoin.  Saying on Tuesday that cryptocurrencies offer some technological lessons for the banks they seek to displace, DNB wrote that smart contracts could help “future proof” CBDCs. The 45-page CBDC report is the Netherlands pitch to become […]

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European Contact Tracing Consortium Faces Wave of Defections

European researchers are raising alarms over the direction of contact tracing in the European Union (EU), amid concerns that countries like France and Germany could choose a centralized system that puts personal privacy at risk.  The group of academics, organizations, and companies helping develop the underlying technology for a number of EU nations, known as […]

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Dow Sways as Trump Conspires to Unleash His Next Trade War Torpedo

The Dow fluctuated on Wednesday, fresh off securing its second straight record close. Stock market analysts believe equities have more room to run in December. The China trade deal hasn’t been signed, but the Trump administration is already conspiring to launch its next trade war. The Dow remained little changed on Wednesday after notching its […]

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EU Watchdog Advises Regulation Despite ‘Risk of Legitimizing Crypto-Assets’

The European Securities and Markets Authority published its advice to the different institutions of the European Union (Commission, Council, and Parliament) on initial coin offerings and cryptocurrency assets. While stating that the sector remained modest in size with no current risk in terms of financial stability, the ESMA voiced concern about perceived risks posed to […]

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