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Bank of England Doubles Down on Digital Currency Plans
The English central bank has outlined its plans for a CBDC, confirming their intent to act on monetary innovation. According to the research paper, the digital currency will run in tandem with the Real Time Gross Settlement (RTGS) system with intermediaries in charge of issuance to the public, March 13, 2020. дальше »
2020-3-13 14:00 | |
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BoE Governor: A CBDC Would Need to Be ‘Very Carefully Designed’ to Overcome Challenges
The outgoing Bank of England (UK Central Bank) governor Mark Carney has reiterated his sentiments regarding a Central Bank Digital Currency. This was after the UK Central bank released a dossier touching on the CBDC that is supposed to store value and facilitate payments for both domestic and commercial transactions. The Outgoing Canadian is on […] дальше »
2020-3-13 22:19 | |
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Bank of England releases discussion paper outlining 'platform' model of CBDC
The Bank of England [BoE] has officially released a discussion paper on the issuance of a central bank digital currency [CBDC]. With this, the U.K becomes one of the first countries in the world to haThe post Bank of England releases discussion paper outlining 'platform' model of CBDC appeared first on AMBCrypto. дальше »
2020-3-12 21:00 | |
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Will There Be A Cryptocurrency And Blockchain Bull Market In 2020?
There is no denying that 2019 was the year of enterprise blockchain adoption. Nations like China, the UAE, and many others have declared support for blockchain. There were also talks about the issuance of Central Bank Digital Currencies (CBDC). дальше »
2020-3-10 19:54 | |
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Switzerland’s Crypto Valley Association Head Says CBDC Is a Good Idea
Central bank digital currencies are “the next logical stage,” according to Crypto Valley Association president Daniel Haudenschild
дальше »2020-3-7 15:44 | |
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Ethereum's Buterin: Digitization is inevitable, with or without blockchain
Central governments across the globe are currently mulling over the need for a central bank digital currency [CBDC]. All thanks to China, for it was the first country to research and accelerate its efThe post Ethereum's Buterin: Digitization is inevitable, with or without blockchain appeared first on AMBCrypto. дальше »
2020-3-5 21:30 | |
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CBDC’s Provide Greater Monetary Control But Face Risk of Becoming too Dominant: BoE Deputy Gov
The Bank of England's Deputy Governor of Financial Stability discussed Central Bank Digital Currencies (CBDC), stablecoins and cryptocurrencies. Delivering the speech was Sir Jon Cunliffe at the London School of Economics. дальше »
2020-3-4 19:30 | |
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BIS Latest Report Discusses How Payment Are Evolving With Tokenization and CBDC’s
Bank of International Settlements (BIS) researchers focusing on the payments’ future, reveals their latest quarterly report released on Sunday. The paper has 138 pages and looks at what’s on the horizon in the financial sector, especially since tokenization, central bank digital currencies (CBDCs) and cross-border payments are starting to be more and more in trend. […] дальше »
2020-3-3 01:48 | |
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What consumer-need can a CBDC address?
The digitalization fever, driven by technological advancements and decline in cash usage, has caught the central banks around the globe as they now look to cautiously approach and explore the use caseThe post What consumer-need can a CBDC address? appeared first on AMBCrypto. дальше »
2020-3-2 13:30 | |
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Canada: Bank of Canada Will Only Launch Own CBDC If Cash Fails
The Bank of Canada, which is the nation’s apex bank, has made it clear through its Deputy Governor Timothy Lane, that it will only develop its own central bank digital currency (CBDC) if it sees a compelling reason to do so, according to a report released on February 25, 2020. дальше »
2020-2-27 20:00 | |
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Coronavirus Stalls China’s Progress with Central Bank Digital Currency
The coronavirus outbreak is reportedly delaying progress on China’s central bank digital currency (CBDC) project. However, officials say Beijing is keen to see the pilot test happen before the end of the year. дальше »
2020-2-26 23:00 | |
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Bank of England Executive Supports Calls for CBDC Issuance
Sarah John, chief cashier of the Bank of England (BoE) says governments should seriously consider creating central bank digital currencies (CBDC) as a countermeasure to private crypto projects. Central Banks Need to Dominate Digital Currency Space Speaking to the Telegraph, John highlighted the need for central banks to consider CBDC as a viable option. дальше »
2020-2-25 20:00 | |
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Japan’s Finance Ministry, Financial Services Agency, and BoJ To Research A CBDC Launch
Japan is the latest country to show interest in developing a central bank digital currency (CBDC) as the central bank, finance ministry and financial authorities meet to discuss digital currencies. As one of the top countries in crypto and blockchain development and regulation, accelerated efforts are being placed to develop an official digital coin to […] дальше »
2020-2-25 19:04 | |
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Bank of England exec highlights need to consider digital currencies as options
Facebook's Libra sparked a heated conversation on stablecoins and central bank digital currency [CBDC] issuance across the globe and as a result, several central banks have jumped into the conversatioThe post Bank of England exec highlights need to consider digital currencies as options appeared first on AMBCrypto. дальше »
2020-2-25 18:25 | |
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Japan’s Finance Minister Sounds China CBDC Warning
Taro Aso, Japan’s Finance Minister has voiced his reservations concerning China’s plans to issue its central bank digital currency (CBDC) – the digital yuan. Aso told fellow finance chiefs at the G-20 summit that Beijing’s state-backed crypto could negatively upset the balance of the global economy. дальше »
2020-2-25 18:00 | |
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Sweden Takes First Bite of the CBDC Apple
Sweden has beaten all other major economies to the Central Bank Digital Currency (CBDC) punch, with testing of the e-krona underway. Riksbank Begins CBDC Pilot Sweden’s central bank, Riksbank, is...The post Sweden Takes First Bite of the CBDC Apple appeared first on Crypto Briefing. дальше »
2020-2-22 09:50 | |
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Sweden’s Riksbank Launches Its Central Bank Digital Currency (e-Krona) Testing
Sweden is getting closer and closer to issuing its own central bank digital currency (CBDC), as it already started testing the e-krona. The pilot program for the new digital currency is supposed to last for a year and thus, to end in February 2021. дальше »
2020-2-21 23:03 | |
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Sweden Begins Testing Europe’s First Central Bank Digital Currency
The Riksbank of Sweden is starting to test Europe’s first central bank digital currency (CBDC), they said in a statement made Wednesday. The Swedish central bank says the goal of the testing is to show that citizens could benefit from using an e-Krona that’s as easy to send as an email. дальше »
2020-2-20 19:51 | |
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Digital Dollar Discussion Is ‘Extremely Important’ Urges Pres. Trump’s Fed Nominee
Digitizing the dollar is a key factor in maintaining its appeal as a global currency, Trump’s nominee to the Federal Reserve, Judy Shelton, says. In a congressional hearing on Thursday, Fed nominee, Judy Shelton, said the Federal Reserve should be “compelled to think” about a central bank digital currency (CBDC) given the mileage the innovation […] дальше »
2020-2-14 18:21 | |
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China Files 84 Patents For Central Bank Digital Currency
Reports of more than 80 digital payments-related patents filed by the People’s Bank of China (PBOC) is offering concrete proof of the country’s moves to launch a CBDC. China Serious About CBDC Issuance According to the Financial Times, China’s central bank has filed 84 patents relating to its plans to launch a digital currency electronic payments DCEP system. дальше »
2020-2-13 22:30 | |
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European Central Bank's CBDC issuance may depend on two key options
Central Bank Digital Currencies or CBDCs are not taken lightly anymore by government institutions across the world. After China's vocal support for a state-controlled digital asset, agencies around thThe post European Central Bank's CBDC issuance may depend on two key options appeared first on AMBCrypto. дальше »
2020-2-12 16:30 | |
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Bitcoin, CBDCs are on opposite ends of the spectrum: Meltem Demirors
Discussions around central bank digital currencies [CBDCs] have intensified over the last couple of months, especially since China accelerated its plans to launch its own CBDC last year. In fact, talkThe post Bitcoin, CBDCs are on opposite ends of the spectrum: Meltem Demirors appeared first on AMBCrypto. дальше »
2020-2-11 10:00 | |
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Digital Yen: Japan May Launch CBDC in Three Years
A senior lawmaker of Japan’s ruling party has advised the government to include plans for its central bank digital currency (CBDC) in its mid-year policy guidelines and look to launch its digital yen in two to three years. дальше »
2020-2-10 16:00 | |
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Japan Looking to Push CBDC Agenda at G7 Summit in June
Japanese lawmakers want the government to push for talks on central bank digital currency (CBDC) during the next G7 summit holding in the summer. US Should Set CBDC Agenda for G7 Partners According to Reuters, a parliamentary group led by Akira Amari of Japan’s Liberal Democratic Party (LDP) wants the country’s government to consider issuingRead MoreRead More. дальше »
2020-2-7 14:00 | |
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Federal Reserve Governor: U.S. Fed Examining Potential of U.S. Digital Currency
According to a Bloomberg report published on February 5, 2020, U. S. Federal Reserve Governor, Lael Brainard noted that the country’s central bank is studying the feasibility of a central bank digital currency (CBDC). дальше »
2020-2-6 18:00 | |
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Bank of Korea Sees No Reason for Central Bank Digital Currency
Bank of Korea sees no need to generate a Central Bank Digital Currency (CBDC), an official shared the regulator’s position. Despite the overwhelming presence of cryptocurrency projects in South Korea, the country’s central bank is skeptical of the drive for CBDCs. дальше »
2020-2-7 17:00 | |
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Federal Reserve Considers ‘FedCoin’ Digital Currency
The US Federal Reserve (Fed) is the latest major central bank to consider issuing its own digital currency. Last month, its European, British, and Japanese counterparts formed a group to study the benefits of the so-called central bank digital currency (CBDC). дальше »
2020-2-6 14:30 | |
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Potential US Dollar Digital Currency Being Examined by Federal Reserve Governor
United States banking officials appear to be examining the feasibility of a dollar-based Central Bank Digital Currency (CBDC), a talking point that has been working the rumor mill for some time now. дальше »
2020-2-6 13:05 | |
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Central Bank Crypto Still 10 Years Away, Says Former ECB Vice President
Former Banque de France governor, Christian Noyer, suggested that a consumer-focused central bank digital currency (CBDC) could still be 10 years away, despite current interest from over 50 central banks. дальше »
2020-2-5 18:00 | |
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India should consider launching its own CBDC: WazirX's Nischal Shetty
With cryptocurrencies emerging as the buzzword across the globe, many countries today are in the process of introducing and launching their own Central Bank Digital Currencies (CBDCs). During a recentThe post India should consider launching its own CBDC: WazirX's Nischal Shetty appeared first on AMBCrypto. дальше »
2020-2-4 09:30 | |
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Don’t Call China’s Digital Currency a Crypto Project
China’s central bank digital currency (CBDC) has been shrouded in mystery. Some have labeled the development as a tracking tool for an authoritarian government. Others have been more generous. Both...The post Don’t Call China’s Digital Currency a Crypto Project appeared first on Cryptocurrency News. дальше »
2020-2-4 17:14 | |
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Japan Must Be Ready to Issue CBDC If the Need Arises, Says BOJ Deputy Governor
With Japanese lawmakers pushing for a digital yen, Masayoshi Amamiya, deputy governor of the country’s central bank says Japan needs an agile action plan for a central bank digital currency (CBDC). No immediate Plans to Launch Digital According to Reuters, Amamiya says the Bank of Japan (BOJ) has no immediate plans to launch a CBDC. дальше »
2020-1-31 02:00 | |
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China’s Digital Currency Finally Begins to Take Shape, More Details Released
Coinspeaker China’s Digital Currency Finally Begins to Take Shape, More Details ReleasedThe moment everyone has been waiting for has finally come. The anticipated digital Renminbi, China’s Central Bank digital currency (CBDC), is back on the news and this time with more details about its operation. дальше »
2020-1-31 22:53 | |
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Cambodia’s CBDC Initiative, Project Bakong Payments App, Countdown Has Begun
The Phnom Penh Post reports that within the next couple or more months, Cambodia’s central bank is going to launch its own blockchain-based peer-to-peer money platform. The system is called Project Bakong and it will be a central bank digital currency (CBDC) – backed payments app. дальше »
2020-1-31 22:03 | |
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Japan ‘Must Be Prepared’ To Launch A CBDC If Public Demand Increases: BoJ Official
According to a Bank of Japan’s (BoJ) deputy governor, the country needs to keep on doing research on what issuing a central bank digital currency (CBDC) would mean, even if a launch is not yet in the cards. дальше »
2020-1-31 20:23 | |
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Cambodia to Launch Digital Currency with Support of 11 Banks
Two years after reports of a Cambodian cryptocurrency, the country is set to launch a central bank digital currency (CBDC) payment system. Project Bakong to Feature Centralized Digital Currency According to Cambodian daily Phnom Penh Post, the country’s central bank is set to roll out “Project Bakong,” a blockchain-powered money transfer platform that features a CBDC. дальше »
2020-1-31 17:00 | |
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India’s National Blockchain Strategy Draft Calls On RBI To Release A Central Bank Digital INR
The National Institute for Smart Governance (NISG), a non-profit body launched by the government of India, releases its draft strategy on blockchain and cryptocurrencies. According to the official draft, the government of India should work towards releasing a central bank digital currency (CBDC), and a governing body to regulate the blockchain industry. NISG drafts blockchain […] дальше »
2020-1-29 21:14 | |
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Largest Australian bitcoin exchange BTC Markets appoints new CEO
BTC Markets, the largest, most liquid Australian bitcoin exchange with 260,000 Australian customers trading more than AU$8 billion, today announced the appointment of Caroline Bowler as CEO. Interest is growing in the sector with the recent Reserve Bank of Australia announcement on their simulated trials of a Central Bank Digital Currency (CBDC). дальше »
2020-1-29 12:54 | |
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China Urged to Regulate Cryptocurrency Over Growing Libra Concerns
The powers that be in China seldom listen to advice from any outsiders. One former central banker, however, thinks that global cooperation is needed, especially in response to Facebook’s Libra. China has fast-tracked the development of its central bank digital currency (CBDC), primarily over fears that Facebook could dominate if it gets there first. дальше »
2020-1-28 17:10 | |
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Here's how an Ethereum-based CBDC can help central banks
Central Bank Digital Currencies [CBDC] have gained prominence at the 2020 World Economic Forum. ConsenSys released a whitepaper that outlined a practical proposal for central bank digital currencies oThe post Here's how an Ethereum-based CBDC can help central banks appeared first on AMBCrypto. дальше »
2020-1-26 23:00 | |
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Ex-Trump advisor: US should halt China's CBDC development to protect the dollar
The next battleground for the United States and China will be digital currencies. Looking ahead from a trade-war heavy 2019, the age of central bank digital currencies [CBDCs] will show the soft-poThe post Ex-Trump advisor: US should halt China's CBDC development to protect the dollar appeared first on AMBCrypto. дальше »
2020-1-26 18:00 | |
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Cryptocurrencies Remain Niche but Interest in Central Bank Digital Currencies is Soaring
The Bank of International Settlements (BIS) has never been a big fan of Bitcoin and the cryptocurrency wave sweeping the financial space, but it is being forced to sit up and take notice of emerging economies who are examining Central Bank Digital Currencies (CBDC). дальше »
2020-1-25 08:16 | |
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Bahrain Becomes Next Country to Trial Digital Currency
The central bank of Bahrain is the first to pilot a new toolkit developed by the world economic forum. This toolkit will help Bahrain’s central bank determine if a Central Bank Digital Currency (CBDC) is the right fit for the gulf kingdom. дальше »
2020-1-24 17:00 | |
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Is Japan Entering the Central Bank Digital Currency Space Too?
Recent reports indicate that Japan might be moving towards launching its own CBDC, although uncertainty remains high due to reports that deny the decision. Japanese lawmakers might be moving in on the crypto space Ever since Facebook confirmed the rumors that it plans to launch its own cryptocurrency, lawmakers, regulators, and central banks around the world started taking the crypto sector a lot more seriously. дальше »
2020-1-24 14:32 | |
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How secure are CBDCs? From security to policy, here are the risks associated with CBDC issuance
Central Bank Digital Currencies have taken the world by storm; the landscape of cryptocurrencies has evolved to an extent where central banks of various countries are now analyzing and researching wayThe post How secure are CBDCs? From security to policy, here are the risks associated with CBDC issuance appeared first on AMBCrypto. дальше »
2020-1-24 11:00 | |
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BIS Survey Reveals CBDC’s Are Moving From ‘Conceptual’ To ‘Intensive Practical Development’
The Bank of International Settlements (BIS) conducted a survey, showing roughly ten percent of central banks are expected to issue a Central Bank Digital Currency in the near future. The BIS report was released on January 23 and presented the results from a survey conducted on 66 central banks from all over the world, investigations […] дальше »
2020-1-24 00:30 | |
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World Economic Forum (WEF) Creates First Policy-Maker Toolkit For CBDC Deployment
The World Economic Forum (WEF) has created, in partnership with some of the most important central banks, a policymaker toolkit for a central bank digital currency (CBDC). The announcement was made on January 22. дальше »
2020-1-24 22:34 | |
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