2023-1-19 00:55 |
The foundation set up by “Crypto Dad” Christopher Giancarlo released a new version of its CBDC white paper with new warnings about maintaining U.S. leadership.
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Coinspeaker US House Republicans to Create Crypto Subcommittee for Oversight and Legislation Representative French Hill (R-Ark), who led Republicans in the effort to test the successful ability of a CBDC, will head the new subcommittee of crypto assets, financial technology, and inclusion.
2023-1-13 14:14 | |
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Central Bank Digital Currencies (CBDC) implementation continues to see new development in 2023. From Europe to Russia, all have taken significant steps to fasten the process. But at what costs? The post CBDC Implementation Rate in Russia and the European Union Remains at Large in 2023 appeared first on BeInCrypto.
2023-1-11 01:30 | |
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Wu Jiezhuang, a Hong Kong lawmaker, believes that making an e-HKD stablecoin would make adopting new Web3 technology easier.
2023-1-6 21:12 | |
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The Nigerian government has imposed new restrictions on ATM withdrawals in an effort to increase usage of the eNaira.
2022-12-10 17:48 | |
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The State Bank of Pakistan (SBP) has approved new laws for Electronic Money Institutions (EMIs). KEY TAKEAWAYS The SBP plans to launch a CBDC within the next three years. The World Bank helped Pakistan design the new regulations.
2022-12-5 14:58 | |
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India launched the e-Rupee in four cities, New Delhi, Bengaluru, Mumbai and Bhubaneswar. This Central Bank Digital Currency (CBDC) is a digital form of cash for retail transactions. Bank of India, Yes Bank, ICICI Bank, and IDFC Bank will offer…
2022-12-3 18:51 | |
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India's central bank will start testing its retail central bank digital currency (CBDC) in the cities of Mumbai, New Delhi, Bengaluru and Bhubaneswar with the initial participation of four banks.
2022-11-30 15:07 | |
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Read U.Today’s crypto news digest to make sure you’re not missing any of the latest events in the industry!
2022-11-17 16:53 | |
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In a media press release dated November 11, 2022, the Monetary Authority of Singapore (MAS) and the New York Fed announced a collaboration project (Project Cedar) to explore potential enhancements to cross-border payments using wholesale Central Bank Digital Currencies (CBDCs).
2022-11-13 16:12 | |
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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 […]
2022-11-5 21:19 | |
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The project comes a day after the central bank announced new projects aimed at trade finance and wealth management.
2022-11-3 09:25 | |
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The centralized financial institution says the automated market making technology in DeFi can serve as a “basis for a new generation of financial infrastructure.”
2022-11-3 19:30 | |
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The Bank for International Settlements tested its central bank digital currency research project, mBridge, in another pilot focused on foreign exchange transactions, a new report says.
2022-10-26 10:00 | |
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On 26 September, the United Kingdom announced a new package of sanctions against Russia. This round contains 92 sanctions, in response to referendums held by Russia in Ukraine following its controversThe post How Russia's CBDC might allow it to evade sanctions, trade with China appeared first on AMBCrypto.
2022-9-28 00:00 | |
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Australian Liberal Senator Andrew Bragg has introduced a bill to regulate crypto assets so that the country 'keeps up with the global pace' in handling rules for digital assets. The bill also mentions potential frameworks for foreign CBDC use in the country.
2022-9-19 13:45 | |
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Ripple’s (XRP) advisor on central bank digital currency (CBDC), Anthony Welfare, revealed that the company has “several pilots” in the works related to CBDCs which will be made public in the coming weeks.
2022-9-7 13:00 | |
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The US Federal Reserve is set to launch “FedNow”, -a service that will enable businesses, individuals and institutions to send payments instantly, offering the same services as cryptocurrencies and a central bank digital currency (CBDC).
2022-9-2 23:01 | |
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The International Monetary Fund remains skeptical about private crypto, but is pushing for new ideas on state-backed digital currency
2022-9-2 19:00 | |
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The non-profit organization advocating for a U.S. central bank digital currency plans to work with crypto platforms like Digital Asset and Ripple to explore technical and policy aspects of a digital dollar.
2022-9-1 12:41 | |
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Ripple to help explore solutions for U.S. CBDC amid ongoing litigation against SEC
2022-8-31 17:56 | |
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Nigerian Central Bank governor Godwin Emefiele told attendees at the eNaira Hackathon that technical upgrades will add to the attractiveness and accessibility of the CBDC.
2022-8-19 22:00 | |
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Ripple’s new Value Report on enterprise crypto and blockchain highlights NFT, blockchain and CBDC utility in business settings.
2022-8-13 12:50 | |
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The Reserve Bank of Australia (RBA) is to explore use cases for a central bank digital currency (CBDC) in "limited-scale" pilot alongside the Digital Finance Cooperative Research Centre (DFCRC).
2022-8-9 11:51 | |
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CBDC, or central bank digital currency, will be the main focus of three major financial and lending institutions to validate the feasibility of new digital currency system, the Bank of Israel said on Friday.
2022-6-18 18:31 | |
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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.
2022-6-18 20:21 | |
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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.
2022-6-17 01:40 | |
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China's advanced CBDC strategy sees digital yuan airdropped to thousands of people. Meanwhile, Binance Labs raised $500 million for a new Web3 fund.
2022-6-3 19:00 | |
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The Chongqing district in China is to conduct a new pilot for the digital yuan CBDC. The pilot will allow taxpayers to make payments in digital yuan. The post China: Chongqing Launches Tax Payment Pilot for Digital Yuan appeared first on BeInCrypto.
2022-6-4 16:00 | |
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A trio of Republican lawmakers are making a move to limit the use of the digital yuan in American cyberspace. The lawmakers argue that the digital yuan could be used to spy on American citizens. While the US has stalled in its CBDC development, China has made significant strides with its digital yuan. China’s digital […]
2022-5-31 16:08 | |
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The country's central bank says it wants to understand the technical options before it takes the plunge to issue any new CBDC.
2022-4-7 19:00 | |
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The European Central Bank is likely to opt for a centralized solution for its new digital euro – the clue is in the name – raising questions over state snooping, and a harmful impact on innovation.
2022-4-4 08:00 | |
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A new survey finds that crypto adoption and DeFi usage among Americans is deceptively low despite the echo chamber of the industry-leading people to believe otherwise.
2022-3-31 11:48 | |
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The Say No To the Silk Road Act stems from not only the well-known privacy concerns around the Chinese CBDC, but also from worries it could be a tool to evade sanctions.
2022-3-11 00:39 | |
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Susan M. Collins is set to become the first Black woman to head a Federal Reserve Bank.
2022-2-11 20:45 | |
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The researchers published results from “Project Hamilton,” which was first announced in 2020 to explore the use of existing and new tech to build and test a hypothetical CBDC platform.
2022-2-5 06:37 | |
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A new report from consulting firm Ernst&Young highlights the need for bank policy changes to address the challenges posed by central bank digital currencies and stablecoins.
2022-1-19 15:12 | |
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Payments giant Visa has deepened its involvement in the digital currency space with a new partnership focused on central bank digital currencies (CBDC). The firm has teamed up with blockchain technoloThe post Visa, Consensys partner to build a 'CBDC Sandbox' for countries and institutions appeared first on AMBCrypto.
2022-1-14 21:30 | |
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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.
2022-1-13 18:30 | |
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A new report highlights private-sector innovation and greater financial inclusion with CBDCs, but raises concerns around the descending hegemony of the U.S. Dollar.
2022-1-14 16:29 | |
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CBDC season could soon be coming, as China readies for the launch of its digital yuan and other countries also race to complete white papers or even pilot programs. However, a new report has made notThe post New report reveals risks that CBDC service providers & central banks have to address appeared first on AMBCrypto.
2022-1-9 19:30 | |
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For now, central banks around the world are still working on developing and testing their own CBDCs, but there are new ones that are joining the race all the time. The Bank of Israel, for example, reportedly just launched a cryptocurrency pilot program of its own, with plans to create a CBDC using Ethereum’s network.
2021-10-25 10:27 | |
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The possibility of issuing a cryptocurrency fills the Central Bank of Israel with enthusiasm. A digital shekel has come from merely a theory to a persistent search for possible solutions. Their pros and cons list seems to have grown, leading them to be on the lookout for answers and new ideas. Back in June, Bank […]
2021-10-21 01:35 | |
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A group of participants and stakeholders has formed a new body called the Digital Pound Foundation (DPF), an independent organization to support the robust development and design of a UK central bank digital currency (CBDC).
2021-10-15 23:00 | |
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In a new move that is set to change the dynamics of the financial industry in the United States, the country’s Federal Reserve is set to release detailed plans that will guide the process of reviewing the risks and benefits attached to issuing a central bank digital currency (CBDC), a report on Wall Street Journal […] The post US Federal Reserve would soon release ‘detailed plans’ for a digital dollar appeared first on CryptoSlate.
2021-10-6 16:00 | |
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Declining cash usage in New Zealand could inspire the country’s financial regulatory authorities to launch a central bank digital currency (CBDC) sooner than expected. Electronic transactions currently account for 90% of liquid money in the country according to an official statement from the Reserve Bank of New Zealand. Additionally, as of 2020, only 9% of […]
2021-10-6 17:40 | |
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Countries all over the globe are steadily reaching new milestones in development of their own Central Bank Digital Currencies (CBDCs). China was undoubtedly in the lead, with the release of its first The post Hong Kong issues whitepaper on 'architectures and design options' for retail CBDC appeared first on AMBCrypto.
2021-10-4 18:00 | |
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A new study from Hong Kong regulators is expected to present initial thoughts and findings on CBDCs during the summer of 2022.
2021-10-4 14:05 | |
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The new policies recommended by the IMF aim to curb down the financial risks associated with global crypto adoption.
2021-10-4 08:34 | |
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China’s ban on cryptocurrencies causes a mild slump, but recovering from this FUD is not new for crypto as China’s motives come under the scanner.
2021-10-4 19:34 | |
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The State Bank of Pakistan has proposed a legal framework to recognize digital assets, including cryptocurrency, as official forms of currency. If approved, the plan would allow the SBP to issue a digital currency, potentially leading to a central bank…
Гендиректор компании Circle, эмитента стейблкоинов USDC, заявил, что у частных стабильных монет гораздо больше преимуществ в сравнении с государственными стейблкоинами центральных банков.
Регуляторы Индии рассматривают возможность существенно ограничить или ввести полный за запрет на оборот частных криптоактивов, поскольку они не соответствует требованиям финансовой инклюзивности и безопасности, в отличие от CBDC.
Сенатор-республиканец от штата Юта Майк Ли назвал три фактора, угрожающие развитию криптоиндустрии: цифровые валюты центробанков, разный подход штатов к регулированию и жесткий надзор за цифровыми активами на федеральном уровне.
The central bank wants to promote the widespread use of the digital ruble.
Кандидат в президенты США от Республиканской партии, выступая перед избирателями штата Нью-Гэмпшир, заявил о намерении защитить американцев от того, что он назвал «правительственной тиранией».
The Bank of England plans a series of experiments with distributed ledger technology and wholesale CBDCs to assess their impact on the evolving payments landscape. The Bank of England aims to address rapid advancements in money and payment technologies with…