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Fed Completes First Test With Digital Dollar, Releases Results

In its New York subsidiary, the U.S. Federal Reserve (Fed) completed the first test of Project Cedar, the initiative testing a central bank digital currency (CBDC). The New York Innovation Center (NYIC) carried out this first phase and highlighted the potential for digital assets and blockchain technology to improve legacy payment rails. Related Reading: Twitter […] дальше »

2022-11-5 21:19


Canada includes consultation on crypto, stablecoins, CBDCs in Economic Statement

The Canadian federal government yesterday announced the launch of a consultation paper on cryptocurrencies, stablecoins, and Central Bank Digital Currencies (CBDCs). The information was revealed in thThe post Canada includes consultation on crypto, stablecoins, CBDCs in Economic Statement appeared first on AMBCrypto. дальше »

2022-11-4 15:00


eNaira CBDC ‘a massive failure’ despite Nigerian central bank’s claims to the contrary

Geopolitical Analyst Nick Giambruno called Nigeria’s eNaira project a “massive failure” while saying the outcome has not been “what the elites hoped for.” The eNaira launched on October 25, 2021, with President Muhammadu Buhari saying Africa’s first Central Bank Digital Currency (CBDC) would “increase remittances, foster cross-border trade, improve financial inclusion and enable the government […] The post eNaira CBDC ‘a massive failure’ despite Nigerian central bank’s claims to the contrary appeared first on CryptoSlate. дальше »

2022-11-3 18:36


China’s national cryptocurrency is getting more ominous

China’s central bank governor gave an update on the national currency being developed this week Anonymity and privacy will be protected, he argues Our Analyst Dan Ashmore is not so sure, believing these digital currencies are potentially very dystopian Having said that, there are advantages to the nascent concept, too But with China leading the […] The post China’s national cryptocurrency is getting more ominous appeared first on CoinJournal. дальше »

2022-11-2 15:53


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India’s central bank starts digital rupee pilot

The Reserve Bank of India (RBI) will debut a pilot for its central bank digital currency (CBDC) targeting the wholesale segment, the bank announced on Monday. India is one of the countries with the highest number of cryptocurrency users, and while the government’s approach to crypto trading has been more unwelcoming, its been the opposite […] The post India’s central bank starts digital rupee pilot appeared first on Invezz. дальше »

2022-10-31 18:38


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Austrian Police Chief Says Investigations By Indian Agencies Reduced Crypto Scams

Investigations by Indian law enforcement agencies helped reduce cryptocurrency scams in Austria and other European countries. Austria’s Federal Police and Director of Criminal Intelligence Service, General Mag Andreas Holzer, told this and complimented the representatives of India’s Central Bureau of Investigation (CBI) on the sidelines of the Interpol general assembly held during October 18-21 in […] дальше »

2022-10-23 19:38


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International Cooperation On Digital Currencies Essential, Says ECB President

In July 2021, the European Central Bank (ECB) launched the digital euro project investigation phase. This phase, which is expected to run until October 2023, aims to identify the optimal design of a digital euro and to analyse how financial intermediaries could provide front-end services that build on a digital euro. Whilst providing an update […] дальше »

2022-10-21 21:03


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Dragonfly Wins The G20 Techsprint 2022 Through Its Proposed Solution For Global CBDC

Dragonfly Fintech, a blockchain-powered fintech solution, was recently announced as the winner of the G20 TechSprint competition organized to develop central bank digital currency (CBDC). The announcement was made last week by the Bank of International Settlements (BIS) Innovation Hub and the Bank of Indonesia in a live awarding ceremony in Jakarta. Dragonfly won the […] дальше »

2022-10-20 12:14