Central Banks of Saudi Arabia and the UAE highly appreciate the possibilities for using blockchain in CBDC The central banks of the UAE and Saudi Arabia have reported the results of a year's tests in the field of national digital currencies (CBDC). The Aber project was announced in January 2019 and consisted of a concept design aimed at enhancing knowledge of CBDC and distributed ledger technology.

The Central Bank of Saudi Arabia and the UAE Highly Appreciate the Opportunities for Using Blockchain in CBDC

The central banks of the UAE and Saudi Arabia have reported the results of a year-long test in the field of national digital currencies (CBDC). The Aber project was announced in January 2019 and was to create a conceptual development aimed at expanding knowledge of CBDC and distributed ledger technology.

Former Bundesbank Governor: Bitcoin Doesn't Fully Meet the Definition of Currency The chairman of the Swiss banking giant UBS is convinced that Bitcoin does not fully meet the definition of a currency.

Former head of the Bundesbank: Bitcoin does not fully meet the definition of a currency

The chairman of the Swiss banking giant UBS is confident, what bitcoin does not fully meet the definition of currency.

Axel Weber, formerly head of the German Federal Bank, spoke at an event in Zurich, about which writes Reuters.

Bloomberg: PayPal Plans to Start Acquiring Cryptocurrency Companies Payment giant PayPal is planning to start buying cryptocurrency companies, Bloomberg reports, citing unnamed sources.

Bloomberg: PayPal Plans To Start Acquiring Cryptocurrency Companies

Payment giant PayPal plans to start buying cryptocurrency companies, Bloomberg reports, citing unnamed sources.

Crypto custody firm BitGo is named as a potential acquisition candidate.

Binance cryptocurrency exchange will increase its competitiveness in the Chinese market Binance cryptocurrency exchange plans to implement OTC trading on its platform in a month to provide users with additional methods for making fiat deposits. Specifically, the exchange will maintain a fiat channel for the Chinese yuan, Binance co-founder and chief marketing officer He Yi said on Tuesday.

Binance cryptocurrency exchange will increase its competitiveness in the Chinese market

Cryptocurrency Binance exchange plans to implement the possibility of over-the-counter trading on its platform in a month to provide users with additional methods for making fiat deposits.

Huobi Launches Australian Unit With Fiat SupportCryptocurrency exchange Huobi launched its new Australian-focused trading platform this Thursday with support for 10 cryptocurrencies: Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ethereum Classic, Power Ledger, Aelf, Cortex, DATA and IOST.

Huobi Exchange Launches Australian Branch With Fiat Support

Stock exchange cryptocurrencies Huobi this Thursday launched your new a trading platform targeted at Australian traders with support for 10 cryptocurrencies: Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ethereum Classic, Power Ledger, Aelf, Cortex, DATA and IOST.

The launch of digital currencies by the largest banks in the world is postponed due to regulatory obstacles The launch of digital versions of national currencies with the participation of 13 of the world's largest banks will most likely not be implemented according to plan this year, writes Reuters.

World's Largest Banks Delay Digital Currency Launch Due To Regulatory Barriers

Launch of digital versions of national currencies at participation of the 13 largest banks in the world is unlikely to be implemented as planned this year, writes Reuters.

Utility Settlement Coin is on track but still requires regulatory approval, lead company Fnality International said..

The Japanese reported 33 episodes of cryptocurrency scams in the first 7 months of 2017 Japanese residents reported 33 episodes of cryptocurrency scams in the first 7 months of 2017, resulting in a loss of over half a million dollars. Writes about this CoinDesk with reference to the news edition Nikkei.

The Japanese reported 33 episodes of cryptocurrency scams in the first 7 months of 2017

Japanese residents reported 33 episodes of cryptocurrency-related scams in the first 7 months of 2017, resulting in over half a million dollar loss.