A CBDC Ban in the US? Here’s Why Best Wallet and $Best Could Be Winners
In a surprising move, the U.S. House of Representatives has slipped a provision to ban central bank digital currencies (CBDC) into a massive, 1,300-page defense policy bill. This new legislative move, a revision of the House’s version of the National Defense Authorization Act (NDAA), aims to stop the Federal Reserve from ‘testing, studying, developing, creating, […]
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The Bitcoinist.net Ledger Wallet giveaway has come to a close, and we have picked three winners to receive a Ledger Wallet! These winners will be able to use their Ledger wallets as a safe and reliable method of hardware Bitcoin storage. To ensure fairness in this giveaway, we used Random.org to arrange a randomized list that we used to pick our three winners. For the sake of privacy, we will not publish the winners’ names, but they will receive notification via email. Ledger operates out of France, and works to provide the Bitcoin industry with innovative hardware wallet technology that....
Our latest Ledger Wallet giveaway is now over, and the winners have been chosen. This time, we gave away a Ledger Nano, a Ledger Starter, and a Ledger OTG. The giveaway started on December 14, 2015, and ended today. Three winners were chosen, and they will be notified via email. People were able to enter this giveaway by signing up for our daily newsletter, which sent them emails regarding the content published on Bitcoinist.net. The email addresses that subscribed to the mailing list after the giveaway started were added to a list. We randomly selected three winners from that list, and....
The Nigerian central bank digital currency (CBDC) wallet app is set for an update that will see users given the ability to pay for utilities like pay television and for topping up airtime. The addition of the unstructured supplementary service data (USSD) functionality to the wallet app means people without bank accounts will be able to make payments using the CBDC.
The Update Process
The wallet app for Nigeria’s central bank digital currency, the e-naira, is set to undergo an update that will see users being able to pay for regular utilities like pay television and....
Some winners purchased additional digital yuan during the pilot. The vast majority of China’s $1.5 million digital yuan lottery winners have received and spent their “red packets” of digital yuan.As of Oct. 18, a total of 47,573 out of 50,000 lottery winners in China have received their prizes, Shenzhen authorities officially announced on Sunday. According to the announcement, the winners conducted a total of 62,788 transactions accounting for 8.8 million yuan ($1.3 million). This amount represents about 88% of the total 10 million yuan ($1.5 million) that was to be distributed in the....
Stephan Leithner, the CEO of Deutsche Börse, a German securities marketplace, is calling for financial reforms in the EU and for the establishment of a CBDC (Central Bank Digital Currency) or digital euro. In light of this, we’ve unpacked the best cryptocurrency with self-governance features that, unlike a CBDC, make the most of the power of decentralization. On February 15, Leithner published a policy paper outlining a 10-step strategy aimed at transforming the EU’s Capital Markets Union (CMU) into a Savings and Investments Union (SIU) with a CBDC as its centerpiece. According to....