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Hong Kong Monetary Authority provides update on retail CBDC that may become DeFi onramp
The monetary authority is developing a wholesale CBDC separately and earlier; it is looking at prospective retail use cases despite the lack of an “imminent role” for the currency. дальше »
2022-9-22 23:15 | |
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Bank of Israel, Hong Kong Monetary Authority to Test CBDC
The Bank of Israel is collaborating with the Hong Kong Monetary Authority in a trial for a new central bank digital currency. The post Bank of Israel, Hong Kong Monetary Authority to Test CBDC appeared first on BeInCrypto. дальше »
2022-6-18 20:21 | |
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Israel, Hong Kong enter partnership to test new CBDC against cyber risks
The Bank of Israel has joined hands with the Hong Kong Monetary Authority to test a new central bank digital currency (CBDC), Bloomberg News reported on June 16. The post Israel, Hong Kong enter partnership to test new CBDC against cyber risks appeared first on CryptoSlate. дальше »
2022-6-17 01:40 | |
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U.S. lawmaker limits Fed's authority in CBDC issuance through a new bill
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. дальше »
2022-1-13 18:30 | |
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U.S. Federal Reserve has no intention to ban cryptocurrencies, Chairman Powell says
Speaking before the House Financial Services Committee, US Federal Reserve Chairman Jerome Powell, stated that the authority has no objective to ban cryptocurrencies. According to Powell, who responded to his earlier comments that cryptocurrencies could be replaced by a central bank digital currency (CBDC), the crypto market should be regulated in accordance with existing laws. дальше »
2021-10-3 20:07 | |
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Royal Monetary Authority of Bhutan, Ripple Partner to Pilot CBDC Using Private Blockchain
Ripple, the leading provider of enterprise blockchain and crypto solutions for cross-border payments, today announced a collaboration with Bhutan’s central bank, the Royal Monetary Authority (RMA), to... дальше »
2021-9-29 12:59 | |
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Ripple Partners With Bhutan To Pilot CBDC Project
Ripple, in partnership with The Royal Monetary Authority of Bhutan, will start trials for a digital Ngultrum. The San Francisco-based company will integrate its distributed ledger technology into Bhutan’s existing payment system with the help of its CBDC Private Ledger product. дальше »
2021-9-25 14:02 | |
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Ripple (XRP) to partner with the Royal Monetary Authority of Bhutan for CBDC development
Bhutan’s central bank, the Royal Monetary Authority (RMA), has partnered with Ripple to use its infrastructure to pilot a central bank digital currency. The post Ripple (XRP) to partner with the Royal Monetary Authority of Bhutan for CBDC development appeared first on CryptoSlate. дальше »
2021-9-24 13:00 | |
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Bhutan’s Central Bank Adopts Ripple’s XRP Ledger To Launch A Digital Version Of Its National Currency
Key takeaways Ripple announces a partnership with the central bank of Bhutan – the Royal Monetary Authority (RMA). The RMA plans to issue a CBDC using Ripple’s open-source XRP Ledger (XRPL). дальше »
2021-9-24 23:58 | |
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Bhutan’s Central Bank Partners with Ripple to Pilot CBDC Trials
Bhutan’s Royal Monetary Authority (RMA) joins forces with Ripple to test Central Bank Digital Currency (CBDC) operations. According to Nikkei, Ripple is working with Bhutan’s central bank to experiment with a Central Bank Digital Currency via Ripple’s CBDC Private ledger. дальше »
2021-9-24 15:00 | |
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Ripple поможет Бутану протестировать CBDC
Королевское валютное управление Бутана (RMA) вступило в партнерство с финтех-компанией Ripple для проведения пилотного тестирования цифровой валюты центрального банка (CBDC). 🇧🇹 Announcing our partnership with the Royal Monetary Authority of Bhutan, which will use Ripple’s CBDC solution to pilot a digital Ngultrum!Read more: https://t. дальше »
2021-9-23 12:58 | |
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Bhutan joins hands with Ripple for CBDC pilot
Ripple is in the news today after it announced a partnership with Bhutan’s central bank - the Royal Monetary Authority (RMA) - for a central bank digital currency (CBDC) pilot. This development wThe post Bhutan joins hands with Ripple for CBDC pilot appeared first on AMBCrypto. дальше »
2021-9-23 08:40 | |
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Bhutan Advances Financial Inclusion and Sustainability with Ripple’s CBDC Solution
Today, we are proud to announce our partnership with Bhutan’s central bank, the Royal Monetary Authority (RMA), who will use Ripple’s CBDC solution to pilot a central bank digital currency (CBDC) in phases. дальше »
2021-9-23 22:52 | |
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Royal Monetary Authority of Bhutan and Ripple to pilot CBDC with private blockchain
Ripple, the provider of enterprise blockchain and crypto solutions for cross-border payments, today announced a collaboration with Bhutan’s central bank, the Royal Monetary Authority (RMA), to pilot a central bank digital currency (CBDC) using Ripple’s CBDC Private Ledger. дальше »
2021-9-23 18:17 | |
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ConsenSys among 15 firms shortlisted to develop CBDC for crypto-friendly Singapore
Fifteen firms have been finalized by the Monetary Authority of Singapore (MAS), the country’s central bank, to develop a Central Bank Digital Currency (CBDC), a release from the MAS shows. The post ConsenSys among 15 firms shortlisted to develop CBDC for crypto-friendly Singapore appeared first on CryptoSlate. дальше »
2021-9-6 16:00 | |
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Singapore Central Bank Selects 15 Firms For Retailing CBDC
The Monetary Authority of Singapore (MAS) finally shortlisted 15 companies that will assist in developing retail CBDC. These firms will participate in the Global CBDC challenge and help build the in-house retail central bank digital currency. дальше »
2021-9-6 01:46 | |
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Banque de France Conducts Cross-Border Central Bank Digital Currency Experiment
France’s apex bank and Singapore’s monetary authority have collaborated on a cross-border central bank digital currency (CBDC) project. The partnership is the latest example of the emerging international cooperation among central banks in CBDC development across the world. дальше »
2021-7-9 08:00 | |
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Monetary Authority of Singapore Partners With World Bank and IMF to Launch Global CBDC Challenge
The Monetary Authority of Singapore (MAS) has launched a global challenge for financial institutions to submit ideas and solutions relating to retail Central Bank Digital Currencies (CBDCs). The apex bank unveiled the challenge in partnership with the International Monetary Fund (IMF), World Bank, Asian Development Bank, and the Organisation for Economic Co-operation and Development. дальше »
2021-6-29 21:40 | |
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Singapore’s Central Bank Organizes Global Challenge for Retail CBDC Solution
The Monetary Authority of Singapore (MAS) has launched a Global CBDC Challenge that would see global financial institutions, financial technology companies, and others submit solutions around peculiar issues surrounding retail central bank digital currencies (CBDCs). дальше »
2021-6-29 08:00 | |
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MAS launches a CBDC challenge to attract FinTech firms into Singapore
The Singapore Monetary Authority (MAS) has rolled out a global challenge for retail central bank-issued digital currencies (CBDCs). The regulator seeks to attract FinTech firms and financial institutions across the globe into the country. дальше »
2021-6-30 02:11 | |
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Singapore Monetary Authority Announces Global CBDC Challenge
The Monetary Authority of Singapore (MAS) announced the launch of a global challenge for retail central bank digital currencies (CBDCs). The post Singapore Monetary Authority Announces Global CBDC Challenge appeared first on BeInCrypto. дальше »
2021-6-28 20:30 | |
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Hong Kong Includes CBDCs in 5-Point Agenda for Fintech Development
The Hong Kong Monetary Authority (HKMA) is pursuing a comprehensive fintech revamp for the city and its plans include central bank digital currencies (CBDC). However, easier access to crypto assets does not seem to be a part of the HKMA’s fintech agenda. дальше »
2021-6-9 21:00 | |
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Hong Kong Monetary Authority Announces Development Plans for Retail and Wholesale CBDCs
The Hong Kong Monetary Authority (HKMA) announced it is working on developments for a central bank digital currency (CBDC) at both the wholesale and retail levels. The post Hong Kong Monetary Authority Announces Development Plans for Retail and Wholesale CBDCs appeared first on BeInCrypto. дальше »
2021-6-8 16:35 | |
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Bank of Indonesia joins other central banks in the race to launch a CBDC
The Bank of Indonesia (BI) is planning to launch a digital rupiah as central banks across the globe continue racing to issue CBDCs. A report unveiled this news on May 25, noting that the authority is already assessing platforms on which the digital rupiah can run on. дальше »
2021-5-27 15:31 | |
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HKMA Ready to Expand Cross-Border Digital Yuan Test After Successful Pilot
The Hong Kong Monetary Authority (HKMA) and the Digital Currency Institute of the People’s Bank of China (PBOC), are looking to expand the testing of China’s central bank digital currency (CBDC) for cross-border payments. дальше »
2021-5-14 00:30 | |
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Japan’s Central Bank starts experimenting with a CBDC
The Bank of Japan (BOJ), Japan’s central bank, has started running tests on a central bank-issued digital currency (CBDC). The authority unveiled this news through an official announcement on April 5, noting that it had completed the necessary steps to begin experimenting on the technical practicability of the main features and functions of a CBDC. дальше »
2021-4-6 21:32 | |
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China & UAE Central Banks Join HKMA & BoT In ‘Multiple CBDC Bridge’ For Cross-Border Payments
To reduce cross-border payment's pain, the Central Bank of United Arab Emirates (CBUAE) and People's Bank of China (PBoC) have joined multiple-CBDC's projects, announced Hong-Kong Monetary Authority (HKMA) and Bank of Thailand (BoT) on 23rd February. дальше »
2021-2-25 23:36 | |
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Sweden’s Riksbank continues testing the viability of issuing its CBDC
Sveriges Riksbank, Sweden’s central bank, which also happens to be the oldest central bank in the world, plans to continue testing the practicability of launching e-krona. The authority unveiled this news via a press release on February 12, noting that it had extended the testing period of its CBDC for another year, ending February 2022. дальше »
2021-2-17 20:17 | |
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Bankers Fear Sweden’s Proposed Digital Currency May Fundamentally Change Banking
Swedish bankers have expressed concerns over the country’s proposed CBDC dubbed e-krona according to a Reuters report on Tuesday. This pipeline CBDC has been in the works for over a year and is being considered for mainstream roll out by Riksbank, Sweden’s monetary authority. дальше »
2021-1-6 17:56 | |
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China and Hong Kong Prepare for Cross-border Digital Yuan Testing
China’s central bank and the Hong Kong Monetary Authority (HKMA) are gearing up to conduct a pilot test of the e-yuan central bank digital currency (CBDC) system. The move further broadens the scope of the digital currency electronic payment (DCEP) with plans to introduce the currency in Macau as well. дальше »
2020-12-7 18:00 | |
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Bahama Central Bank Launches Milestone Digital Currency
The Central Bank of the Bahamas has officially launched a national digital currency. Minted by the country’s monetary authority, the launch of the Caribean island nation’s new central bank digital currency (CBDC) was announced via Twitter on Tuesday. дальше »
2020-10-22 21:45 | |
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Russia’s Central Bank Joins the CBDC Bandwagon; Issues Consultative Paper on Digital Ruble Consideration
Russia’s Central Bank is the latest monetary authority to issue a CBDC consultative paper amidst the ongoing craze; the bank confirmed its interest in issuing a digital ruble, noting that it can operate alongside cash or non-cash forms of money that already exist in the country. дальше »
2020-10-14 00:22 | |
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Estonia’s Central Bank is the Latest to Launch a CBDC Research Initiative
Estonia’s Central Bank, Eesti Pank, is the latest monetary authority to debut research into the potential of CBDCs within its jurisdiction. The bank announced on October 2 that it had launched a research program that will look further into the building and deploying a CBDC for Estonians. дальше »
2020-10-5 18:06 | |
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Hong Kong Monetary Authority wants ConsenSys to develop technology for CBDC
Blockchain tech company ConsenSys announced that it would work on the second phase of ‘Project Inthanon-LionRock,’ which will allow the firm to design a proof-of-concept for CBDCs. This project waThe post Hong Kong Monetary Authority wants ConsenSys to develop technology for CBDC appeared first on AMBCrypto. дальше »
2020-9-26 19:30 | |
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ConsenSys to Work on PoC for CBDC with Hong Kong Monetary Authority
ConsenSys has shared on Sept. 25, that it was awarded a cross-border payment network study project by the Hong Kong Monetary Authority (HKMA). The project involves the development of a technology for a central bank digital currency (CBDC) cross-border payment network, which actually serves as the second implementation phase of the Project Inthanon-LionRock. дальше »
2020-9-25 18:24 | |
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Swiss Financial Regulator, FINMA, Licenses Local Bank To Carry Out The Crypto Transactions
Switzerland’s top financial regulator, Financial Market Supervisory Authority (FINMA) grants local banks, InCore, the first license to transact digital currencies. This adds to the accelerated efforts from the Swiss government in the blockchain field so far in 2020 with the government looking to implement a central bank digital currency (CBDC). InCore, first Swiss bank licensed […] дальше »
2020-5-31 16:23 | |
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Bank of Canada Dismisses CBDC Interest; BoC is Developing A Prototype to Hedge Against Libra
Despite the reserved nature of Canadians, the country’s monetary authority has been keeping an openminded approach to researching the need for digital payments. The regulator has since identified two factors that might accelerate the launch of a Canadian CBDC. дальше »
2020-2-26 18:16 | |
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Digital currencies don’t perform as money – Bank of Korea
On Monday, the Bank of Korea [BOK] said that it has no plans of issuing Central Bank Digital Currency [CBDC] fearing ‘moral hazard to society’. The BOK is the central bank of the Republic of Korea, and is the sole authority that can issue the South Korean won. дальше »
2018-6-21 00:28 | |
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