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South Africa Now Considering Both Retail and Wholesale CBDC
The SARB notes that the CBDC may serve as electronic digital tender, complementary to cash, for general purpose retail use. The post South Africa Now Considering Both Retail and Wholesale CBDC appeared first on BeInCrypto. дальше »
2021-5-26 16:30 | |
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China and Japan Leading CBDC Proof-of-Concept Programs: Bison Trails Report
Central bank digital currencies (CBDCs) are rapidly moving towards global implementation, per a report from Bison Trails. According to the blockchain startup, several countries are exploring the use cases for CBDCs. дальше »
2021-5-20 19:32 | |
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Hong Kong takes the next step in testing digital yuan for international use
While the world has been obsessing over DeFi, NFTs, and the surging crypto prices, China kept quietly testing its CBDC, the so-called digital yuan. In fact, it started moving forward with the testing quite quickly, and it recently started conducting tests regarding cross-border payments. дальше »
2021-5-14 14:01 | |
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Binance CEO warns of CBDC drawbacks as digital dollar pilots proceed in US
CBDCs will never offer the same freedom of use as cryptocurrencies like Bitcoin, according to Binance CEO Changpeng Zhao.
дальше »2021-5-5 14:28 | |
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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 | |
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Swedish Central Bank Finishes Phase One Of the e-Krona Digital Currency Test Pilot
Today, the Swedes learned that they might have to wait a little longer to use an e-krona for their daily uses after the Swedish central bank realized that there are minor issues that need addressing after the first phase of a central bank digital currency (CBDC) project. дальше »
2021-4-8 21:05 | |
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China’s Central Bank Runs a Cross-Border Trial of Digital Yuan
According to the state-run Shenzhen Special Zone Daily newspaper, the People's Bank of China is now ready to run a trial of its digital yuan through cross-border payments. China’s central bank is running a one-day pilot program under which selected Hong Kong residents can use the central bank digital currency (CBDC) as a payment method […] The post China’s Central Bank Runs a Cross-Border Trial of Digital Yuan first appeared on BitcoinExchangeGuide. дальше »
2021-4-6 19:41 | |
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Bank of Japan Commences the First Phase of Virtual Currency Assessments
Japan’s Central Bank has begun its first testing stage involving the use of Central Bank-based Digital Currencies(CBDC), experimenting with functions like distribution and issuance. The first phase will take about one year, primed to end around the third month of 2022. дальше »
2021-4-6 17:00 | |
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Could the EU use Stellar Lumens to issue its CBDC?
On a Reddit post, Stellar community has discussed the most recent developments on the possible issuance of a central bank digital currency (CBDC) by the European Union. According to statements by the president of the European Central Bank, Christine Lagarde, a decision on the project will be made by mid-year. Lagarde has had an unfavorable […] дальше »
2021-4-4 22:00 | |
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Thailand’s Central Bank Plans To Start Piloting Its CBDC In 2022
Thailand’s digital currency project is progressing swiftly and the Bank of Thailand, the country’s central bank, is readying to start pilot tests in the second quarter of 2022. Thailand’s CBDC will be retail; meaning it will be for use by the general public. дальше »
2021-4-3 21:54 | |
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Ripple launches pilot private ledger for central banks' CBDC
Payment protocol firm Ripple announced a pilot project that seeks to provide a “private version” of its XRP ledger for central banks that can use the technology to issue and manage digital currencThe post Ripple launches pilot private ledger for central banks' CBDC appeared first on AMBCrypto. дальше »
2021-3-4 22:29 | |
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Bank of China Accentuates Urgent Need for CBDC Amidst the Pandemic
According to a statement by Guo Weimin, Bank of China’s chief scientist, the economic turmoil caused by the pandemic is one of the reasons why Chinese corporations should urgently shift to the use of digital currencies, stating: “There will be a lot of challenges from the pandemic that will make good cases for the useRead More дальше »
2021-1-22 17:00 | |
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Ukraine chooses Stellar for the development of its CBDC
Ukraine’s Ministry of Digital Transformation has signed an MoU with the Stellar Development Foundation (SDF) to use the Stellar Network in the development of the country’s CBDC. A press release unveiled this news on January 4, noting that the two parties made this deal on December 28, 2020. дальше »
2021-1-4 22:08 | |
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China May Use CBDC in International Transactions: NEO Chief
China may be making plans to include its central bank digital currency (CBDC) in international transactions. That’s the rub according to NEO blockchain CEO Da Hongfei who Tweeted on Wednesday: “Da Hongfei, founder of blockchain platform Neo, says the central bank could split part of the digital currency for use outside of China, much as […] The post China May Use CBDC in International Transactions: NEO Chief appeared first on BeInCrypto. дальше »
2020-6-4 19:38 | |
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China CBDC Leak Shows Alleged Video of RMB to Digital Yuan Conversion
A leaked video has reportedly emerged in China showing the conversion of renminbi (RMB) into digital yuan for use in the country’s proposed digital currency electronic payment (DC/EP) project. According to a tweet by Chinese crypto news outlet 8BTCNews, the video appeared on WeChat. дальше »
2020-5-30 13:22 | |
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Is the CBDC race pre-empting people's readiness to use it?
Right now, central banks across the globe are in between talks of releasing their own CBDCs. However, while the world's emerging economies are moving rapidly, its developed economies seem to be takingThe post Is the CBDC race pre-empting people's readiness to use it? appeared first on AMBCrypto. дальше »
2020-5-16 19:30 | |
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CBDC creation may come in for sharper focus following COVID-19 pandemic
The COVID-19 pandemic gave the entire world a wake-up call in terms of health and hygiene; from washing hands every twenty minutes to the extensive use of hand sanitizers. Another thing that has gaineThe post CBDC creation may come in for sharper focus following COVID-19 pandemic appeared first on AMBCrypto. дальше »
2020-4-4 18:30 | |
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France’s Central Bank Requests Proposals For CBDC ‘Experiments’ To Show Use Cases
The Banque de France made public on March 27 a request for digital currency experiment applications, in an attempt to understand the mechanisms and risks CBDCs pose in the eurozone. France comes upfront when it comes to the digital currencies debate, being the eurozone member with the highest profile as far as launching a CBDC […] дальше »
2020-3-30 23:08 | |
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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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China's DCEP might not be the sole CBDC to launch this year
CBDCs have been ruffling the feathers of regulators worldwide, eliciting concerns regarding the impact of their use and sale. Regardless of such concerns, however, many nations around the world have jThe post China's DCEP might not be the sole CBDC to launch this year appeared first on AMBCrypto. дальше »
2020-2-13 02:30 | |
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Global CBDC will pose a 'Power of many, Use of one' problem
Central banks banding together to issue a single digital currency will face a coordination problem. Technological advancements, in both the public and private sector, have called for the creation of aThe post Global CBDC will pose a 'Power of many, Use of one' problem appeared first on AMBCrypto. дальше »
2020-1-9 17:30 | |
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Central Bank Of Russia Says CBDCs Can Minimize Costs, But Privacy Is A Concern
Central Bank Of Russia Analyses Benefits And Drawbacks Of Issuing A CBDC The Central Bank of Russia is analyzing the positive and negative effects of issuing a central bank digital currency (CBDC). The information was released by the institution on April 18. дальше »
2019-4-20 22:08 | |
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New Korean Report Slams Central Bank Issued Digital Currencies
A report from Bank of Korea (BOK) published this Thursday suggested that the use of central bank issued digital currencies could cause problems in the South Korean financial system. The report claims that the launch of such a currency could push interest rates up and cause a liquidity shortage. дальше »
2019-2-7 18:59 | |
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The Bank Of Thailand Are Developing A Wholesale Cryptocurrency
The Bank of Thailand (BOT) are the next central bank to weigh in on the cryptocurrency debate, and it looks to be good news this time. Sort of anyway. BOT want to develop a Central Bank Digital Currency (CBDC), a cryptocurrency that will be issued by the bank and regulated by the bank. дальше »
2018-8-22 17:30 | |
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