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Central Bank Digital Currencies (CBDCs): Africa’s Bold Tryst with the Future
Africa's adoption of CBDCs isn't just a trend; it's a transformative push towards financial inclusion. As nations like Nigeria and Ghana lead, they're setting global standards in the evolution of digital currency. дальше »
2023-7-20 01:30 | |
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South Korean central bank charts out future course of payment systems, CBDC
The BOK 2022 Payment and Settlement Systems Report is a forward-looking document with ambitious plans for financial technology in the country. дальше »
2023-7-20 00:40 | |
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CBDCs explained: How could they impact global finance
Central bank digital currencies (CBDCs) are increasingly becoming the forefront of financial discussions. As of 2023, about 130 countries, representing 98% of global GDP, are exploring the implementation of CBDCs. дальше »
2023-7-19 21:59 | |
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Russia could begin digital rubles testing as early as next month
Russia could begin testing a Central Bank Digital Currency (CBDC), Digital Ruble, as early as next month if its upper parliament approves the move and President Vladimir Putin signs it into law, according to a July 19 Bloomberg report. дальше »
2023-7-20 17:30 | |
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CBDCs Under Threat: This Presidential Candidate Vows To ‘Nix’ Digital Currency Plans
Florida Governor and U.S. Presidential candidate Ron DeSantis has voiced his opposition to the implementation of Central Bank Digital Currencies (CBDCs) in the United States. In a recent statement, he declared that if elected as President, he would put an end to any plans for CBDCs in the country. CBDCs To Be Axed On Day […] дальше »
2023-7-18 03:00 | |
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New Report Reveals State of CBDC Adoption in Latin America
Latin America and the Caribbean are leading in the adoption of Central Bank Digital Currencies (CBDCs), with most central banks in the region evaluating CBDCs, according to an IMF report. The Bahamas launched the first CBDC, the Sand Dollar, in 2020. дальше »
2023-7-18 20:53 | |
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CBDCs can restrict citizens’ spending, economist warns
US economics professor Eswar Prasad has said that governments can program central bank digital currencies (CBDCs) to restrict purchases made by citizens. Speaking at a June World Economic Forum (WEF) event, Cornell University professor Eswar Prasad opined that one of… дальше »
2023-7-17 20:59 | |
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Ron DeSantis Pledges to Prohibit Central Bank Digital Currencies (CBDCs) in Potential Presidential Role
Ron DeSantis Vows to Halt Central Bank Digital Currencies (CBDCs) in the US if Elected President During his address at the Family Leadership Summit on July 14th, Ron DeSantis, a prominent contender for the United States presidency, reiterated his opposition to the concept of central bank digital currencies (CBDCs) and voiced his commitment to preventing […] Сообщение Ron DeSantis Pledges to Prohibit Central Bank Digital Currencies (CBDCs) in Potential Presidential Role появились сначала на Coinstelegram. дальше »
2023-7-16 12:09 | |
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U.S. presidential candidate Ron DeSantis says he’ll “nix” CBDCs upon election
Republican Presidential candidate Ron DeSantis said on July 4 that he will immediately block central bank digital currency (CBDC) if he is elected president. DeSantis said in an interview with Blaze Media: “If I am the president, on day one, we will nix central bank digital currency — done, dead, not happening in this country […] The post U. дальше »
2023-7-15 14:11 | |
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Backlash Grows as UK’s Digital Pound Sparks Public Outcry
UK’s Hesitation with Central Bank Digital Currency Sparks Concerns Amid Global Decline in Physical Currency Usage The government of the United Kingdom, known for its civil and democratic society, has sought public consultation before moving forward with the development of a digital version of the British pound. дальше »
2023-7-16 11:58 | |
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UK Citizens Fear CBDC’s Risk of Surveillance and Financial Instability
UK citizens say they don't want a central bank digital currency because it could expose their spending habits. The post UK Citizens Fear CBDC’s Risk of Surveillance and Financial Instability appeared first on BeInCrypto. дальше »
2023-7-15 19:15 | |
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United Kingdom’s digital pound meets public backlash — Why?
The use of physical currency for transactions is plummeting globally, so why is the U.K. so tentative with its own central bank digital currency? дальше »
2023-7-15 16:10 | |
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Russian Duma Passes Approves CBDC, Real Transactions To Commence Next Month
The State Duma, the lower chamber of the Federal Assembly of the Russian Federation, passed the digital ruble bill also known as Russia’s central bank digital currency (CBDC) in its third reading on July 11, 2023. дальше »
2023-7-13 20:00 | |
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DeepBook Brings Centralized-Style Orders for Decentralized Finance on Sui Network
Layer-1 blockchain Sui announced the release of DeepBook, a decentralized central limit order book (CLOB) that will support all applications built on the network. дальше »
2023-7-12 16:00 | |
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CBDC: Reserve Bank Of India Urges More Lenders To Embrace Digital Rupee, Sources Say
In an effort to enhance the adoption of the Central Bank Digital Currency (CBDC) and explore the potential of digital currencies, the Reserve Bank of India (RBI) has urged more lenders to participate in digital currency pilot programs. дальше »
2023-7-12 15:30 | |
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Brazilian CBDC pilot source code includes methods to freeze, drain wallets
Banco Central do Brasil published the source code for its CBDC on GitHub last week and allowed the public to conduct an audit of the system’s code. Developers soon found concerning functionality in the source code of Brazil’s CBDC pilot, including mechanisms to control individual wallets and the funds they hold. дальше »
2023-7-12 00:10 | |
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CBDC Rising: Bank Of Int’l Settlements Reveals 93% Of Banks Engaging In Exploratory Studies
CBDC, short for central bank digital currency, has garnered significant interest from a majority of central banks, as indicated by a recent survey conducted by the Bank of International Settlements (BIS). дальше »
2023-7-11 11:28 | |
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Bank of International Settlements predicts 15 retail and nine wholesale CBDCs by 2030
The Bank of International Settlements (BIS) predicted that there will be 15 retail and nine wholesale Central Bank Digital Currencies (CBDCs) by 2030, according to its survey of 86 central banks. Central Banks increasingly pro-CBDC According to the report, 93% of central banks are researching CBDCs, and more than 50% have started making substantial efforts […] The post Bank of International Settlements predicts 15 retail and nine wholesale CBDCs by 2030 appeared first on CryptoSlate. дальше »
2023-7-11 18:59 | |
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CBDCs Could be Used by 24 Countries Within 10 Years: BIS Report
As the cryptocurrency market continues to stay volatile, central banks globally appear undeterred, doubling their efforts to develop their digital currencies or CBDCs. An estimated 24 of these CBDCs are... дальше »
2023-7-10 17:53 | |
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Twenty-four CBDCs could be in circulation by 2030: BIS
93% of the 86 central banks surveyed were working on CBDC projects. All the countries that have already issued CBDCs so far are developing countries. As per a new survey, 15 retail and 9 whoThe post Twenty-four CBDCs could be in circulation by 2030: BIS appeared first on AMBCrypto. дальше »
2023-7-10 16:00 | |
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Gold's Supply-Side Price Dynamic
Changes to supply from mining, secondary recovery, and purchases by central banks impact prices just like demand-driven factors. дальше »
2023-7-13 09:00 | |
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BIS unveils 7-step security framework for blockchain-based CBDCs
The Bank for International Settlements (BIS) introduced a security framework on July 7 to help central banks develop secure digital currencies. BIS noted that central bank digital currencies (CBDCs) will become “critical national infrastructure” in the future. дальше »
2023-7-9 23:00 | |
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Ripple Head Of Policy Calls For UK To Join Global Trend Of CBDC Adoption
In an interview with the Digital Pound Foundation, Ripple Head of Policy Susan Friedman shared her positive outlook on London’s potential as a crypto hub, highlighting its dedication to developing ecosystems for crypto assets and Central Bank Digital Currencies (CBDCs). дальше »
2023-7-8 00:30 | |
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BIS Introduces Defensive Measures For CBDCs Against DeFi-Related Cyber Threats
Central Bank Digital Currencies (CBDCs) are part of the digital economy’s evolution. However, as these digital assets gain traction, they also become targets for cyber attacks, especially those associated with Decentralized Finance (DeFi). дальше »
2023-7-8 00:00 | |
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Gemini files lawsuit against DCG and Barry Silbert alleging fraudulent activities
Cryptocurrency exchange Gemini has filed a lawsuit in a New York court against DCG (Digital Currency Group) and Barry Silbert. Cameron Winklevoss, the co-founder of Gemini, alleged in a tweet published today, June 7, that Silbert played a central role… дальше »
2023-7-7 18:23 | |
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Binance urges Dutch customers to move assets to Coinmerce before July 17 departure from the Netherlands
Binance is shuttering operations in the Netherlands after failing to secure a virtual asset provider license from the Dutch central bank. As part of its exit, Binance has offered to move users’ assets for free to rival crypto exchange Coinmerce, which has secured regulatory authorization to operate in the country. дальше »
2023-7-7 23:10 | |
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Binance Exits Dutch Market As Coinmerce Fills Void
Binance, the largest cryptocurrency exchange,has established an agreement with Coinmerce, a Dutch cryptocurrency exchange and a registered entity with the Dutch Central Bank, to offer an easy transition for Binance... дальше »
2023-7-7 17:13 | |
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Bank of England taps self-sovereign ID platform Nuggets to develop privacy layer for digital pound
Nuggets, a self-sovereign ID and payments platform, said on July 5 that it is working with the Bank of England on goals related to a “digital pound. ” Specifically, the project is developing a privacy and identity layer that could be used with the UK’s prospective central bank digital currency (CBDC). дальше »
2023-7-6 02:20 | |
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Jinan pioneers Chinese CBDC use in transportation with digital yuan bus payments
Jinan, the capital of Shandong Province in eastern China, has taken a proactive stance in promoting the use of China's central bank digital currency (CBDC) by initiating digital yuan payments on all of its bus routes. дальше »
2023-7-5 19:18 | |
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Global liquidity tightens amid central banks’ balance sheet contraction: impact on S&P 500 and bitcoin
Quick Take Understanding global liquidity is crucial in financial analysis, as it provides insights into the available financial resources for investment. It comprises several components, including: Federal Reserve (Fed) Balance Sheet Reverse Repurchase Agreements (Reverse Repo) Treasury General Account (TGA) Fed Remittances Balance sheets of major central banks: Bank of Japan (BOJ), European Central Bank […] The post Global liquidity tightens amid central banks’ balance sheet contraction: impact on S&P 500 and bitcoin appeared first on CryptoSlate. дальше »
2023-7-4 13:01 | |
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Mastercard chief digital officer believes tokenization needs TradFi rules to go mainstream
Mastercard believes that blockchain technology can revolutionize payments, but it needs “financially-regulated applications” and “central bank-backed money” to achieve mainstream adoption, according to chief digital officer Jorn Lambert. дальше »
2023-7-3 21:30 | |
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How Central Bankers Are Reshaping the Definition of Money
Central bankers acknowledge that the nature of money evolves with technology, shifting definitions of money with it. But they’re not ready to let innovation occur organically as technology emerges. They want to maintain control, says Noelle Acheson. дальше »
2023-7-4 21:22 | |
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European Nations Synchronize for the Digital Euro Launch
This article illuminates Europe's stride towards digital finance, specifically Central Bank Digital Currencies (CBDCs). It explores various countries' stances, revealing a unified approach to this monetary revolution. дальше »
2023-7-4 20:02 | |
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Central Banks Chart Their Own Course on Inflation
The Fed is nearing its peak policy rate, the European Central Bank looks to keep tightening, while China is lowering interest rates. дальше »
2023-7-6 09:00 | |
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