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NY Fed, Singapore Regulator Verify CBDC Interoperability, Payment Speeds in Latest Test
Central bank digital currency (CBDC) systems operating on different types of networks can be used for cross-border and cross-currency payments, a new report published by researchers with the New York Federal Reserve and Monetary Authority of Singapore late Thursday said. дальше »
2023-5-19 04:41 | |
New report reveals risks that CBDC service providers & central banks have to address
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. дальше »
2022-1-9 19:30 | |
Israel to use Ethereum (ETH) to build digital shekel
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. дальше »
2021-10-25 10:27 | |
A Cryptocurrency Gets To The Central Bank of Israel, CBDC Is On Trial
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 […] дальше »
2021-10-21 01:35 | |
Digital Pound Foundation Launches to Help With the UK CBDC Project
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). дальше »
2021-10-15 23:00 | |
US Federal Reserve would soon release ‘detailed plans’ for a digital dollar
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. дальше »
2021-10-6 16:00 | |
Decline In Cash Usage Could Force New Zealand To Launch Digital Currency
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 […] дальше »
2021-10-6 17:40 | |
Hong Kong issues whitepaper on 'architectures and design options' for retail CBDC
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. дальше »
2021-10-4 18:00 | |
Actions speak: China’s crypto ban may reveal digital yuan CBDC goals
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. дальше »
2021-10-4 19:34 | |
Significant Stablecoin Adoption Could Result in “Excessive Market Power,” says BIS Report on CBDC
Central bank money ensures public trust in money and supports public welfare, said the global body policymaker in its latest report on central bank digital currencies (CBDCs). With new forms of digital money issued by the private sector, such as stablecoins emerging, which has accelerated since the Covid-19 pandemic began, central banks are also ensuring […] The post Significant Stablecoin Adoption Could Result in “Excessive Market Power,” says BIS Report on CBDC first appeared on BitcoinExchangeGuide. дальше »
2021-10-1 18:12 | |
BIS: эффективность CBDC обеспечит сотрудничество государственного и частного секторов
Банк международных расчетов (BIS) отчитался о промежуточных результатах исследований в области CBDC, в которых партнерами учреждения выступают семь центробанков. How can #CBDC best serve people and businesses in a fast-moving world? Payment innovations history suggests harnessing network effects and not making users buy new devices. дальше »
2021-10-1 16:45 | |
New Zealand Considers Issuing Its Own CBDC
On Thursday, the Reserve Bank of New Zealand (RBNZ) announced its consideration to venture into (CBDCs) Central Bank Digital Currencies. CBDCs have taken root in the global economy. The move comes after regulators worldwide move to take hold of the virtual currencies industry. дальше »
2021-10-1 23:00 | |
New Zealand is in no hurry to launch a CBDC, but won't miss out on it
Nigeria might soon become one of the first countries to launch its central bank digital currency [CBDC], eNaira, on 1 October. Needless to say, this has pushed other nations to consider a national CBDThe post New Zealand is in no hurry to launch a CBDC, but won't miss out on it appeared first on AMBCrypto. дальше »
2021-9-30 20:30 | |
New Zealand Central Bank Asks Public for Input on CBDC
In exploring issuing a central bank digital currency (CBDC), the Reserve Bank of New Zealand (RBNZ) is soliciting the opinion of the public. The post New Zealand Central Bank Asks Public for Input on CBDC appeared first on BeInCrypto. дальше »
2021-9-30 13:44 | |
New decentralized stablecoin in China targets international trade
Conflux will provide the technology to launch an offshore RMB stablecoin pegged to China’s CBDC, the digital yuan.
дальше »2021-9-24 15:57 | |
Four nations’ central banks join forces to work on a brand new CBDC platform
The central bank digital currency (CBDC) race is still one of the biggest talks of the financial world — so much so that central banks of multiple countries have recently teamed up to work on a joint CBDC. дальше »
2021-9-2 13:23 | |
Digital Yuan Can Now Be Used to Pay for Electricity Bills
The digital Yuan can be touted as the most advanced central bank digital currency (CBDC) yet. After developing the state-backed cryptocurrency for years, China continues to add new sectors where residents can spend their digital money, and the latest seems to be electricity bills. дальше »
2021-7-24 21:00 | |
European Central Bank Kicks Off New Phase Of Digital Euro Project
The European Central Bank (ECB) is moving forward with its central bank digital currency (CBDC) plans. Today, the bank announced that its Governing Council had approved the investigation phase of the digital euro project. дальше »
2021-7-15 19:14 | |
New Zealand: Central Bank to Explore CBDC, Stablecoin Policies via Public Consultation
The Reserve Bank of New Zealand is set to conduct public consultations with regard to CBDCs, stablecoins, and other emerging mediums of payment. NZ Catches the CBDC Fever According to an official statement issued on July 7, the Assistant Governor of The Reserve Bank of New Zealand, Christian Hawkesby detailed as to how New ZealandRead More дальше »
2021-7-8 10:00 | |
New Zealand's Reserve Bank consulting public on a potential CBDC
The Reserve Bank of New Zealand will look at the potential for a CBDC “to work alongside cash as government-backed money,” and assess the issues around the emergence of crypto assets such as stablecoins. дальше »
2021-7-8 06:23 | |
China: New CBDC Trials Indicate Pivot toward Environmental Sustainability
China’s e-yuan pilots are now focusing on going green. E-Yuan for Environmental Sustainability According to a report by Ledger Insights, China has kick-started two new pilots for its famed digital yuan. дальше »
2021-7-4 15:00 | |
Beijing and Suzhou Railways Now Accept Digital Yuan Payments for Ride Fares
Beijing subway has officially launched a new program that allows passengers to pay for rides with the central bank digital currency (CBDC) also known as the digital yuan. The news follows the subway system in East China’s Jiangsu province in the city of Suzhou which also allows digital yuan payments for subway fares. Digital Yuan […] дальше »
2021-7-1 10:30 | |
Citigroup’s Richest Clients Can Now Trade Crypto; Also Helps Invest in Stablecoins, NFTs, & CBDC
Citigroup is finally coming around on cryptocurrencies. The Wall Street giant now allows its richest clients to bet on crypto as part of a new digital assets group inside its wealth management unit. дальше »
2021-6-25 16:39 | |
Banque de France Completes New CBDC Experiment for Securities Settlement
France’s central bank stated that it completed a new central bank digital currency (CBDC) experiment in collaboration with Switzerland-based cryptocurrency bank, SEBA. Banque de France Partners with SEBA for CBDC Experiment Banque de France made the announcement via a press release on Monday (June 21, 2021). дальше »
2021-6-22 21:02 | |
Subcontractors and Builders Located in China’s Xiong’an New Area Are Being Paid in Digital Yuan
Xiong’an New Area, a state-level new area in Hebei, China, is seeing the use of onchain digital yuan payments, according to a circular issued by the Xiong’an government. The announcement details that Xiong’an subcontractors and builders are being paid using the central bank digital currency (CBDC) via the People’s Bank of China and the new […] дальше »
2021-6-15 00:30 | |
China Debuts Blockchain-Powered Salary Payments with Digital Yuan in Xiong’an
As part of efforts to conduct more test on its upcoming central bank digital currency (CBDC) and expand the scope of the digital yuan, China completed it first salary payment with the CBDC powered by blockchain technology, in the Chinese state-level new area, Xiong’an. дальше »
2021-6-15 23:00 | |
Bank of England Explores Digital Money, CBDC in New Discussion Paper
The Bank of England released a new discussion paper exploring digital currencies and central bank digital currencies (CBDC). The post Bank of England Explores Digital Money, CBDC in New Discussion Paper appeared first on BeInCrypto. дальше »
2021-6-8 15:00 | |
UBRI Welcomes First University Partners in Africa, UAE and Iceland, Drives CBDC Research Forward
Ripple's UBRI welcomes the University of Capetown, Reykjavik University, and New York University Abu Dhabi to the leading university blockchain accelerator program. The post UBRI Welcomes First University Partners in Africa, UAE and Iceland, Drives CBDC Research Forward appeared first on Ripple. дальше »
2021-4-27 16:00 | |
Bahamas Ranks First in CBDCs, China’s Digital Yuan Third: PwC Report
Professional services firm PwC has given the Bahaman Central Bank Digital Currency (CBDC) the highest rank in a new report. The Caribbean island tops even China’s digital yuan, which is widely thought to be the most progressed CBDC. дальше »
2021-4-19 18:10 | |
UK to Launch Exploratory Taskforce for CBDC
Sunak announced about the CBDC at the Innovate Finance Global Summit. He said: “We’re launching a new task force between the Treasury and the Bank of England to coordinate exploratory work on a potential central bank digital currency. дальше »
2021-4-19 16:17 | |
U.S. Struggles To Keep Up As China Further Develops Its CBDC
The new U. S administration, led by President Joe Biden, is keeping a close watch on trends in China surrounding a possible digitized version of its national ‘Yuan’ currency. The Biden administration is primarily most concerned about the potential for this digitized Yuan to undermine the U. дальше »
2021-4-14 17:39 | |
China’s CBDC Trial Expands to Hainan Province
The People’s Bank of China (PBOC) has expanded the trials of their CBDC to the Hainan Province. It has announced an event with the hopes of publicizing the use of the new digital currency. Members of the Sansha City government, including their staff, enterprises, and permanent residents, will be the main participants of this trial. дальше »
2021-4-9 18:31 | |
Bank Of Japan Committee for CBDC Experimentation a ‘Necessary Step’
In a release dated March 26, 2021, the Bank of Japan (BoJ) announced the formation of a new committee to oversee experiments related to central bank-issued digital currencies (CBDC). The central bank said that it will conduct its CBDC research in three phases. дальше »
2021-3-26 15:00 | |
Bank of Korea Plans to Test the Adoption of CBDCs
Korea’s apex bank has announced the pilot phase for its CBDC. According to a spokesperson, the BOK will begin conducting tests within a controlled environment. The spokesperson stated that this would ensure the new digital currency’s workability and safety. дальше »
2021-2-10 17:49 | |
Indian Crypto Industry Reacts as Government Presents Bill to Ban Digital Assets
Sadly, this year has come with a jolt of reality, showing that all the progress of 2020 was essentially fruitless. Yes to a CBDC, No to Private Cryptos Earlier this year, the Lok Sabha Bulletin confirmed that the Indian government had introduced a new draft regulation that will see the country ban all private cryptocurrencies […] The post Indian Crypto Industry Reacts as Government Presents Bill to Ban Digital Assets first appeared on BitcoinExchangeGuide. дальше »
2021-2-9 20:16 | |
India: New Bill Seeks to Introduce CBDC, Ban ‘Private’ Cryptocurrencies
India continues to see-saw its stance toward cryptocurrencies. India Mulling Banning ‘Private’ Cryptocurrencies, Launching CBDC According to the Lok Sabha Bulletin published on January 29, the Cryptocurrency and Regulation of Official Digital Currency Bill, 2021, aims to stop the trading of digital currencies in India. дальше »
2021-1-30 18:00 | |
China turns up pace on CBDC release, tests infrastructure prior to adoption
The yuan is not seen as a major currency. Could digitizing it change that? China is breaking new ground in the Shenzhen region and beyond. дальше »
2021-1-17 10:47 | |