Central bank study shows little desire to issue digital currencies

Central bank study shows little desire to issue digital currencies
фото показано с : thenextweb.com

2019-1-8 18:55

The Bank of International Settlements (BIS) has found that while most countries around the world are keen on creating their own digital coins, most of the work is considered conceptual, with only “a few” intending to use them over the next six years.

A new report details the motivations behind the creation of special kinds of digital assets called Central Bank Digital Currencies (CBDCs), a form of government-issued digital cash. Sixty-three central banks representing jurisdictions covering close to 80 percent of the world’s population were surveyed on the status of their proposed CBDCs, to determine the likelihood of an incoming wave…

This story continues at The Next Web

. origin »

Digital Rupees (DRS) на Currencies.ru

$ 6.38E-5 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $6.38E-5 - H: $6.38E-5
Капитализация $32.611k Rank 99999
Доступно / Всего 510.803m DRS

digital central bank world cbdcs most next

Источник: thenextweb.com

digital central → Результатов: 126


Фото:

Central Bank Digital Currencies are a Risk to Dollar Dominance: JPMorgan Report

According to JP Morgan Chase & Co., if the idea of central bank digital currencies (CBDC) gains traction, the US can risk losing its geopolitical power. “There is no country with more to lose from the disruptive potential of digital currency than the United States,” wrote analysts including Josh Younger, head of U.S. interest-rate derivatives […]

2020-5-24 21:24


Фото:

German Central Bank Presidents Warns of Digital Currency Blaze

Jens Weidmann, President of Bundesbank, believes mainstream adoption of digital currencies will lead to a systematic destabilization of the financial markets and banking system, May 30, 2019.   More Doomsday Predictions Central banks around the world are exploring the potential of electronic cash in response to a growing demand to digitize the economy and limit theRead MoreRead More.

2019-5-30 21:00


Фото:

BIS Survey: 70 Percent of Surveyed Banks Are Fidgeting with the Idea of Central Bank Digital Currencies  

A recent survey by the Bank for International Settlements (BIS) found the majority of the world’s central banks are not too keen on issuing digital currencies at least for the next three years but 70 percent of them accepted that they are exploring with the idea of CBDCs in some capacity, reports SCMP, on January 8, 2019.

2019-1-10 18:00


Фото:

Next Up, A Central Bank Digital Currency For The Bahamas

The Bahamas, a Caribbean paradise, or an area of poverty masked by tourist ideology, is the next country to allegedly be dabbling within central bank orientated cryptocurrencies. Such currencies, also known as Central Bank Digital Currencies (CBDC) are being used in experiments worldwide to investigate how cryptocurrency could be used to help enhance or compliment sovereign FIAT currencies.

2018-6-26 04:00


Фото:

Bahamas Centrak Bank set to unveil cryptocurrency pilot project

The Central Bank of the Bahamas is planning to introduce a government-backed pilot digital currency, Jamaica Observer reported June 22. Speaking at the Bahamas Blockchain and Cryptocurrency Conference earlier this week, Deputy Prime Minister and Minister of Finance of the Bahamas, K Peter Turnquest, made the announcement, saying that the development of a fully digital

2018-6-23 05:52


Creating A National Cryptocurrency Not in the Plans of Switzerland – Central Bank Director

While cryptocurrencies have the potential to facilitate lightning fast payments across borders, reduce the cost of minting fiat money and drastically put inflation in check, the Swiss Central Bank board director, Thomas Moser has declared that digital currencies still do not have what it takes to be a national currency.

2018-6-23 01:45


Фото:

U.S. Executive Branch Employees to Disclose Crypto Holdings, French ICO Regulations Coming by 2019

In recent regulatory news, the United States Office of Government Ethics has issued a document advising employees of the U. S. executive branch to disclose their cryptocurrency holdings. In other news, Bank of Korea has rejected the notion of central bank-issued digital currencies, Crypto Finance AG has received licensing from the Swiss Financial Market Supervisory Authority […] The post U.

2018-6-19 12:10


Фото:

U.S. Executive Branch Employees to Disclose Crypto Holdings, French ICO Regulations Coming

In recent regulatory news, the United States Office of Government Ethics has issued a document advising employees of the U. S. executive branch to disclose their cryptocurrency holdings. In other news, Bank of Korea has rejected the notion of central bank-issued digital currencies, Crypto Finance AG has received licensing from the Swiss Financial Market Supervisory Authority […] The post U.

2018-6-19 12:10


Фото:

The ‘Moral Hazard’ of Centralized Cryptocurrencies according to the Bank of Korea

South Korea’s central bank has announced that it does not plan to launch its own digital currency over fears it could destabilize the economy. According to The Korea Times on Monday, the BoK said that issuing a central bank digital currency (CBDC) could pose a “moral hazard” by adversely affecting monetary policy and its implementation, and possibly

2018-6-19 23:06


BIS GM says new cryptos are garbage

They are also actively testing the distributed ledger technology underlying cryptocurrencies – not as a substitute for the current system, but to build on it.” The BIS general manager concludes that “Even in this digital age, trust in the issuing institution matters and will continue to underpin currencies. Central banks, for their part, will have

2018-6-17 00:21


дальше еще 77 новостей →

Партнеры Currencies.ru



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Cardano moves to full decentralized governance with Plomin hard fork

Cardano is taking a major step toward decentralized governance with the activation of the Plomin hard fork.  This upgrade gives Cardano (ADA) holders direct voting power over key blockchain decisions, including protocol changes, treasury management, and governance proposals. The Plomin…

What is a hard fork and soft fork in blockchain?

At some point, every cryptocurrency needs to go through major changes that shake up the way it works. That’s where hard forks and soft forks come in. These are updates to the protocol that make significant adjustments to how the…

Binance to support Optimism’s network upgrade

Optimism (OP) surged after Binance announced upgrade and hard fork support Optimism (OP) price rose by more than 5% on Dec. 27, breaking to intraday highs of $1. 89. The gains for the native token of the layer-2 blockchain network came as the community reacted to positive news.

Ethereum’s Pectra fork moves forward with Mekong testnet launch

Ethereum has launched the “short-lived” Mekong testnet to test key upgrades for the upcoming Pectra fork. The Ethereum ecosystem is taking another step toward the Pectra fork with the launch of the Mekong testnet, a short-lived environment designed to test…

Cardano switches to decentralized governance with Chang hardfork 

Cardano has completed its Chang upgrade, marking the switch to a decentralized governance system that allows ADA holders to have a say in the network’s future direction. Named after Chinese mathematician Ch’ang Shou, the upgrade was completed at block 10764778…

Binance to support Cardano’s Chang hard fork

Binance has announced that it will support Cardano’s upcoming network upgrade and hard fork. Cryptocurrency exchange giant Binance disclosed its readiness to support Cardano (ADA) for its Chang hard fork in an announcement on Aug. 30. Ahead of the hard…

Ethereum Set for Overhaul of Crucial Programming Standard With 'EVM Object Format'

The EOF proposal is a series of smaller EIPs that include measures aimed at updating and improving the Ethereum Virtual Machine (EVM), the programming environment that executes smart contracts on the blockchain, and arguably Ethereum’s secret sauce that made it different from Bitcoin and other early distributed networks at the time it launched in 2015.