2023-4-18 16:58 |
The bank of Israel is now weighing in on CBDC issuance depending on variety of factors including stablecoin performance. The bank is not willing to let private sectors control the field. origin »
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The Bank of Israel detailed the possible scenarios that could lead to issuing a central bank digital currency (CBDC) — digital shekel (SHAKED) — in an April 17 statement. According to the bank, it was preparing an action plan for the potential issuance of the currency even though it had not yet decided on whether SHAKED […] The post Israel reveals potential scenarios that could lead to CBDC issuance appeared first on CryptoSlate.
2023-4-17 16:25 | |
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The Bank of Japan has announced its readiness to explore the issuance of a central bank digital currency (CBDC) through a pilot program launching in April.
2023-3-28 21:12 | |
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Governor Ron DeSantis of Florida has proposed legislation that aims to protect residents of the state from the potential risks associated with a central bank digital currency (CBDC) and the increased government surveillance that may come with it.
2023-3-21 03:00 | |
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According to local media reports, the Russian State Duma approved draft laws establishing a system to issue and regulate central bank digital currencies (CBDC) in a first reading on March 16. The post Russian lawmakers approve first reading of draft laws establishing CBDC regulation, issuance appeared first on CryptoSlate.
2023-3-20 20:00 | |
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The key is to get information from the bank account where the stablecoin’s reserves are kept to the blockchain-based smart contract that controls issuance of new TUSD.
2023-2-22 16:00 | |
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Bank of Japan director Uchida Shinichi said that the apex bank would launch a central bank digital currency (CBDC) pilot program to test the use of digital yen from April. The post Japan to launch CBDC pilot program for issuance of digital Yen appeared first on CryptoSlate.
2023-2-17 13:40 | |
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The issuance became the second major operations of the bank with the new class of assets.
2022-12-28 15:43 | |
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The country joins other jurisdictions in proposing standards for stablecoin issuance.
2022-12-8 20:50 | |
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The Reserve Bank of India presents its concept of a digital rupee, considering its design, issuance, and effects on the current banking system. The post What India’s CBDC Report Means for Crypto’s Future appeared first on BeInCrypto.
2022-10-8 04:00 | |
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The Reserve Bank of India (RBI) is finalizing plans to kickstart the pilot phase leading to the issuance of its central bank digital currency-“digital rupee”. The post Reserve bank of India outlines CBDC blueprint appeared first on CryptoSlate.
2022-10-8 22:09 | |
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Scott Beck, the CEO of United Texas Bank, claimed that stablecoin issuers like Circle were “effectively sucking deposits out of the banking industry.”
2022-8-22 00:19 | |
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Ethereum will probably become deflationary as token issuance decreases while the burn mechanism is maintained, the bank said.
2022-8-6 13:51 | |
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Recent times have seen a wave of calls for regulating the growing sector of cryptocurrencies due mainly to the astronomically increasing adoption rate, as investors and consumers seek protection over the looming economic downturn.
2022-7-30 16:51 | |
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The South African Reserve Bank is mulling the issuance of a digital rand, Reuters reported on May 18, citing the central bank’s Deputy Governor Kuben Naidoo. The post South African central bank mulls digital rand to streamline cross-border payments appeared first on CryptoSlate.
2022-5-20 17:45 | |
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Digital transfers affected Media reports cited circular by Ukraine’s central bank that has implemented martial law affecting digital money transfers in the country. As per the order, the issuance oThe post Ukraine: Conflict raises currency concerns, citizens resort to this coin at hefty premiums appeared first on AMBCrypto.
2022-2-25 16:00 | |
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Ukraine's central bank banned the issuance of electronic money and the replenishment of electronic wallets following Russia's invasion.
2022-2-26 12:06 | |
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Much like most central banks globally, the U. S. Federal Reserve has also been under the process of developing a central bank digital currency (CBDC) for quite a while. The country's pace or urgency wiThe post U.
2022-1-13 18:30 | |
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Following Treasurer Josh Frydenberg’s “payments and crypto reform plan,” the RBA has published a report exploring DLT tech and wholesale CBDC issuance.
2021-12-9 05:51 | |
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The move comes as the Bank of Japan wants to roll out a digital yen CBDC by the end of next year.
2021-12-7 00:35 | |
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Written by a Professor of Finance from Yale School of Management and an attorney at the Federal Reserve System, wants regulators to take a lesson from history, the Free Banking Era because the central bank must have a “monopoly on money issuance.
2021-7-20 16:07 | |
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The Wyoming Division of Banking has awarded a bank charter to digital asset bank Wyoming Deposit and Transfer (WDT). WDT Bags a Bank Charter According to a report by Coindesk, the issuance of the bank charter will allow WTD to offer commercial banking and custodial services for tokenized assets and cryptocurrencies. For the uninitiated, theRead More
2021-6-23 11:00 | |
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In hopes to grow its financial products on the DBS Digital Exchange (DDex), Singapore’s DBS Bank just announced its issuance of a $11.3 million digital bond in its security token offering (STO). A security token offering is similar to that of an IPO, in that it’s a type of public offering where tokenized digital securities […]
2021-6-1 08:09 | |
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The South African Reserve Bank (SARB) says it has commenced a feasibility study for a general-purpose retail central bank digital currency (CBDC). The study, which the SARB expects to conclude in 2022, will focus on the issuance of a domestic CBDC that can be used by consumers in South Africa for general retail purposes. Study […]
2021-5-27 08:30 | |
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Israel is continuing with its exploration of the likely issuance of its central bank digital currency (CBDC), the digital shekel, per an official statement, Bank of Israel Accelerates CBDC Research Efforts This follows the release of a working paper that requires feedback.
2021-5-13 23:19 | |
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The Bank of England has published a job advertisement for a senior expert on CBDCs to lead the bank’s thinking on the feasibility, design, and implementation of a CBDC. The post Bank of England Is Looking for CBDC Development and Issuance Expert appeared first on BeInCrypto.
2021-5-1 20:00 | |
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After four years of banning the issuance and trading of cryptocurrencies, the People’s Bank of China seems to be changing its stance. This follows comments made by the deputy governor of the Central Bank of China, Li Bo who described Bitcoin as an investment alternative.
2021-4-20 13:44 | |
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Societe Generale has announced the issuance of its first structured product as a security token on the Tezos (XTZ) blockchain. The bank says the move is part of the development process of its crypto assets structuring and issuance subsidiary dubbed Forged.
2021-4-18 23:00 | |
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Japan’s Central Bank has begun its first testing stage involving the use of Central Bank-based Digital Currencies(CBDC), experimenting with functions like distribution and issuance. The first phase will take about one year, primed to end around the third month of 2022.
2021-4-6 17:00 | |
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On a Reddit post, Stellar community has discussed the most recent developments on the possible issuance of a central bank digital currency (CBDC) by the European Union. According to statements by the president of the European Central Bank, Christine Lagarde, a decision on the project will be made by mid-year. Lagarde has had an unfavorable […]
2021-4-4 22:00 | |
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Ripple has revealed in a blog post on March 3, 2021, that it’s piloting a private version of its XRP Ledger blockchain network. The solution is designed to function as a secure, permissioned, and flexible infrastructure for the issuance of central bank digital currencies (CBDCs).
2021-3-6 20:00 | |
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The European Central Bank (ECB) has requested EU lawmakers to confer bank control over the issuance of stablecoins within the region. Reuters reported today that the ECB, via a legal memo issued on February 19, requested exclusive rights to determine stablecoin future within its jurisdiction.
2021-2-25 18:00 | |
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The Bank for International Settlements (BIS) has revealed that central bank digital currency (CBDC)… The post CBDC development on the rise but issuance years away: BIS appeared first on Coin Journal.
2021-1-28 12:56 | |
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Germany’s Bankhaus von der Heydt is working with Bitbond for the first direct issuance of a stablecoin by a bank on Stellar, the firms said.
2020-12-9 16:17 | |
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The proof-of-concept issuance of tokenized bonds was carried out on a blockchain platform built by Standard Chartered's fintech investment unit.
2020-12-7 13:46 | |
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The Malaysian branch of the China Construction Bank (CCB) has suspended the issuance of a $3 billion bond (Longbond SR Notes USD Feb 2021) without explanations, a Reuters report on Nov 23 shows. The Suspension and Assessment of the Bond Issuance Program CCB is one of the largest banks in the world by assets and owned by theRead MoreRead More.
2020-11-24 02:00 | |
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In an announcement on its website, published on Nov 23, FUSANG revealed that the bond was suspended after CCB’s branch in Labuan, Malaysia pulled out. FUSANG, which allows trading of both cryptocurrencies and digital securities was initially supposed to list the bond upon its issuance by a CCB special purpose vehicle called Longbond Ltd on … Continued The post China Construction Bank Withdraws Blockchain Bond appeared first on BeInCrypto.
2020-11-24 22:56 | |
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The cryptocurrency industry continues to get more and more adopted and involved with traditional forms of money, as well as other investment assets. This is what led to the proposed issuance of a Bitcoin-tradable bond, which was supposed to be issued by a branch of China Construction Bank (CCB) in Labuan, Malaysia.
2020-11-24 16:29 | |
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The "Big Four" Chinese bank has suspended the listing of a $3 billion bond issuance that was intended to be tradable for bitcoin and U.S. dollars.
2020-11-23 12:39 | |
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The Bank of Japan [BoJ] had prioritized the development of a central bank digital currency [CBDC] in July, however, as per a former executive the issuance may take several years. Hiromi Yamaoka, whThe post Japan CBDC has various hurdles to clear before launch appeared first on AMBCrypto.
2020-11-18 22:00 | |
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It is not currently clear when or if China Construction Bank's debt issuance sale will be rescheduled.
2020-11-17 15:38 | |
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In yet another crypto-related ban, China’s central bank is accepting public comments concerning a draft law that seeks to pave the way for the digital yuan. China’s 2017 ICO and crypto trading ban sent shockwaves across the market at the time.
2020-10-23 17:40 | |
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The debate surrounding the issuance of central bank digital currencies (CBDC) continues to catch attention worldwide. While some countries have been a bit coy, others like China have made no secret of their CBDC plans.
2020-10-19 14:44 | |
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Coinspeaker Japan Must Reform Central Bank Laws to Accelerate CBDC IssuanceThe Bank of Japan stated that it would start conducting research in the following financial year on how to develop and operate its CBCD.
2020-10-13 19:04 | |
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Amid ongoing central bank digital currency (CBDC) research efforts, the Bank of Japan (BOJ) may require a new legal prerogative to issue digital yen. Apart from legislative changes to support a possible CBDC issuance, these amendments to the BOJ’s roles and responsibilities may also affect other policies like inflation and job creation.
2020-10-13 16:20 | |
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Ripple partner Nium joins efforts with Volopay fintech to increase scale of issuance of corporate bank cards for companies of all shapes and sizes
2020-9-29 16:47 | |
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Bitcoin is not welcome in Russia. The Central Bank of Russia, this year, put in place legislation that bans the issuance and circulation of cryptocurrencies. But officials in the country accept that an outright ban is unenforceable.
2020-9-26 15:13 | |
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The nation would wield stronger influence in the world as a result of the digital yuan issuance, according to a magazine from the People’s Bank of China (PBoC)
2020-9-21 11:48 | |
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The Central Bank of Brazil on 21st August announced that it will be setting up a world-wide study group to research the issuance of central bank digital currencies (CBDC). The central bank, in its official statement, noted the growing impact and adoption of digital assets, especially CBDCs.
2020-8-26 21:34 | |
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The 12-member team will submit their findings – and propose a CBDC issuance model – to the central bank in 180 days.
2020-8-25 19:11 | |
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Automated trading fueled 70% of stablecoin transaction volume last year, with Base surpassing Ethereum due to bot-driven activity, a survey reveals. A new survey by crypto exchange CEX.IO, which cited Allium’s data, reveals that automated trading bots handled 70% of…
Circle’s digital dollar, USD Coin, is now available natively on the layer-1 blockchain Aptos, empowering developers and users. USDC (USDC) goes live natively on Aptos (APT) about two months after Circle announced that the stablecoin would be launching on the…
ABN AMRO, the third-largest bank in the Netherlands, has completed on-chain trading with stablecoins in a pilot with German exchange 21X. Netherlands‘ third-largest bank ABN AMRO has completed a trading trial with 21X, a Frankfurt-based digital asset exchange, which tested…
PayPal USD stablecoin expands to the Cardano ecosystem via a new cross-chain bridge by Wanchain. PayPal USD (PYUSD), a stablecoin issued on Solana and Ethereum chains, can now be accessible on Cardano (ADA) through Wanchain’s interoperability solution, according to a…
In response to U. S. President Donald Trump’s recent executive order promoting dollar-backed stablecoins, the European Central Bank is emphasizing the need for a digital euro to maintain the competitiveness of eurozone banks.
Stablecoin issuer Circle has introduced a new feature called Circle Paymaster, enabling users to pay gas fees using the USDC stablecoin. The USDC (USDC) issuer said in an announcement that the on-chain utility solution Circle Paymaster was now live on…
Circle acquired Hashnote for an undisclosed amount and plans to integrate USYC as collateral on crypto exchanges. Hashnote manages the largest Treasury note money market fund with $1. 2Bn under management.