2023-11-24 12:06 |
Participants will be restricted to using the CBDC only for payment, without an option to store, exchange or send it to other users.
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In the short term, e-commerce platforms can integrate the CBDC through QR codes.
2023-9-5 10:07 | |
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The CBDC quest has continued soaring as many countries move to launch it. According to a CBDC tracker, Atlantic Council, 130 countries are exploring CBDC, while 19 countries out of the G20 are in an advanced stage.
2023-7-12 21:30 | |
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In a blog post published on Thursday, the IMF underlined that a few nations in the LAC region have decided to outright prohibit cryptocurrencies due to their associated risks. However, the IMF cautions that a ban could not be a viable long-term option.
2023-6-23 11:22 | |
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American fast-food restaurant chain McDonald’s is reportedly being pressured by China to expand the trial program of its digital yuan central bank digital currency (CBDC). According to a Financial Times report, digital yuan wallets are already being trialed as a payment option in over 250 McDonald’s stores in Shanghai.
2021-10-21 14:45 | |
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eNaira will continue to circulate alongside its fiat counterpart, promising a faster, cheaper and more secure option for monetary transactions.
2021-10-4 13:28 | |
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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.
2020-2-25 20:00 | |
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The introduction of central bank digital currencies could have major implications on the stability, the report said.
Project mBridge has put together a slick publication with lots of new information to let the world know what the hottest project in CBDC is.
Existing stablecoins aren't fully compliant with relevant regulatory requirements, a report by the Committee on Payment and Market Infrastructures said.
IMF managing director Kristalina Georgieva says digitalization is “the most important way” to scale up financial inclusion.
It is unacceptable that unclear or outdated legal frameworks could hinder their deployment, Agustin Carstens general manager of Bank for International Settlements said.
BaFin’s top executive stresses the risks of crypto and calls for global regulation to apply to all financial centers — without exceptions.