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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


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


Tether leads as pack chases, but is DAI as dead as Terra? – The stablecoin war, a Deep Dive

Cryptocurrency can be a polarising subject. Some believe it will change the world. They say we will live in a society with Bitcoin as the reserve currency; we will purchase our chai tea lattés in Starbucks with digital tokens, and then we will post them on social media domiciled in Web3, with everything running seamlessly […] The post Tether leads as pack chases, but is DAI as dead as Terra? – The stablecoin war, a Deep Dive appeared first on CoinJournal. дальше »

2022-11-1 17:28


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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