2022-11-12 14:02 |
A joint effort is aimed at assessing the possible use of wholesale central bank digital currencies in cross-border transactions.
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India’s much anticipated Digital Rupee has been launched for the wholesale segment on a pilot basis. The use case for Digital Rupee in wholesale will be the settlement of transactions in government securities in the secondary market, the RBI said in a statement.
2022-11-5 22:10 | |
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The ECB will use a wholesale version of the digital euro CBDC for securities settlement and is working with external companies to prototype user interfaces. The post Digital Euro Being Considered for Settlement of Securities: ECB Executive appeared first on BeInCrypto.
2022-9-27 08:40 | |
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The monetary authority is developing a wholesale CBDC separately and earlier; it is looking at prospective retail use cases despite the lack of an “imminent role” for the currency.
2022-9-22 23:15 | |
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France has come forward with the most ambitious and successful CBDC trial to date. In the latest development, the Bank of France wants to conduct further research on a CBDC for wholesale use in the The post France looks into CBDC for wholesale use, 'more work needed' to study impact appeared first on AMBCrypto.
2021-11-10 22:30 | |
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Ripple has partnered with the central bank of Bhutan to create its a digital Ngultrum, that will explore CDBC use cases in retail, cross-border and wholesale payments, the latest step in the central bank's innovative payment initiatives.
2021-9-25 20:22 | |
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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.
2021-5-26 16:30 | |
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Reserve Bank of Australia (RBA) has joined forces with other financial institutions and ConsenSys Software to launch a research project on wholesale central bank digital currency. The initiative aims to find out the use cases, benefits, as well as implications of the wholesale form of CBDCs, according to a press release on November 2, 2020.
2020-11-3 00:00 | |
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Australian Reserve Bank (RBA) recently revealed that it simulated the use of central bank digital currency (CBDC) in a wholesale payment system based on the Ethereum network, with interesting results.
2020-1-16 15:00 | |
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It’s only February and already, we’ve had one of the biggest announcements in the crypto industry. JP Morgan announced yesterday that it had successfully trialed the JPM Coin. It will use it for its $6 trillion wholesale payments business as well as securities transactions.
2019-2-15 21:06 | |
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JP Morgan Chase has created the first bank-backed cryptocurrency in the United States. Dubbed the JPM Coin, the new crypto will target the instantaneous transfer of payments between institutions.
2019-2-14 19:51 | |
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It happened: Bitcoin is now an Ethereum token. Wrapped Bitcoin (WBTC), an ERC-20 token with a 1-1 peg to bitcoin, went live on the Ethereum network on the final day of January, “the first token that makes Bitcoin compatible with the Ethereum chain,” its architects say.
2019-2-2 00:04 | |
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In a November 2018 report by the Bank of Canada, Bank of England and the Monetary Authority of Singapore, emerging technologies and opportunities in the banking industry have been explored including the use of Wholesale Central Bank Digital Currencies.
2018-11-16 16:05 | |
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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.
2018-8-22 17:30 | |
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Could CBDCs’ transparency effectively track and curb the $3 trillion illicit financial flows? Let’s find out. The world faces a staggering challenge: illicit funds and money laundering. In 2023, over $3 trillion illicitly flowed through the global financial system, according…
Most of the early recipients immediately transfer the digital yuan balances to their bank accounts to spend as cash.
Yao Qian is reportedly being investigated for "violations of discipline and law."
Центральный банк Таиланда сообщил, что в октябре 2023 года успешно завершил пилотную программу по тестированию цифрового тайского бата (CBDC), однако регулятор еще не готов к его запуску.
The consultation paper asked New Zealand citizens to respond on the digital cash design, whether or not interest should be paid and if there should be holding limits.
The country's central bank does not plan on issuing a retail version of the digital currency.
The country's Central Banker says fiat money is more credible than stablecoins because it has the power of government behind it.