2020-11-30 18:42 |
The joint report is among the most promising CBDC studies conducted by central bank authorities
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The race to launch a sovereign digital currency is heating up as Japan became the latest country to venture into a central bank digital currency (CBDC). In a report released by the Bank of Japan (BoJ) on Friday, July 3, 2020, the bank will start experimenting with a digital yen to check the technical feasibility […]
2020-7-4 20:43 | |
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The Bank for International Settlements (BIS) Annual Economic report has revealed that Central Bank Digital Currencies (CBDC) are gaining popularity and could play an essential role in the digital innovation era.
2020-6-25 18:16 | |
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The Bank for International Settlements appeared to contradict its own prior statements in a new digital payments report.
2020-6-25 15:00 | |
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Researchers at the Federal Reserve Bank of Philadelphia recently published a paper exploring the potential impact of a Central Bank Digital Currency on our financial system. The report noted that in addition to eliminating the need for cash, a CBDC should prevent future bank runs by giving the US Federal Reserve a monopoly on deposits.
2020-6-5 10:21 | |
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According to JP Morgan Chase & Co., if the idea of central bank digital currencies (CBDC) gains traction, the US can risk losing its geopolitical power. “There is no country with more to lose from the disruptive potential of digital currency than the United States,” wrote analysts including Josh Younger, head of U.S. interest-rate derivatives […]
2020-5-24 21:24 | |
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A report by JPMorgan & Chase Co. states that the rise in the popularity of central bank digital currencies (CBDC) could spell doom for the U. S. dollar that enjoys unquestionable hegemony in dictating the global economic order today, Bloomberg reports June 22, 2020.
2020-5-24 17:07 | |
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Popular restaurant franchises including Starbucks, McDonald’s, and Subway could be the first of the many companies that are reportedly being considered to test China’s central bank digital currency (CBDC) – the digital yuan.
2020-4-24 17:00 | |
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In a report issued on April 3, 2020, the Bank of International Settlements (BIS) opined that it could soon ramp up its operations to make way for central bank digital currencies (CBDC) and digital payments amid the COVID-19 pandemic.
2020-4-5 13:00 | |
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Bank of International Statements (BIS) recently released a research report on the effect of the COVID-19 pandemic to the overall payment system. According to the research, the virus is causing fear and uncertainty as physical cash sees a dip in usage in favor of digital payments.
2020-4-5 16:28 | |
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BitMEX Research suggests that the issuance of the CBDC will lead to inflation as the last lever on the banks’ ability to create money will be lifted
2020-3-19 23:14 | |
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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. […]
2020-3-3 01:48 | |
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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.
2020-2-27 20:00 | |
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According to the Chamber of Digital Commerce, China has filed 84 patents for the digital yuan, its new upcoming digital currency. The patents date to 2017 and are credited to the People’s Bank of China’s (PBoC) Digital Currency Institute.
2020-2-14 00:55 | |
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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).
2020-2-6 18:00 | |
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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 […]
2020-1-24 00:30 | |
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A former Executive of the Bank of Japan (BOJ) has said that Facebook’s Libra prompted Central Banks to invest more resources in Digital Currency research sooner than expected. According to a report by Reuters on Jan 22, Hiromi Yamaoka, a former head of settlements and payments at the BOJ, noted that regulators might have done […]
2020-1-23 21:22 | |
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With China kicking off the race to build a central bank digital currency [CBDC] western rivals are joining in the race. Earlier in the week, the European Central Bank [ECB] released a report on the toThe post ECB's digital Euro gives 'dystopian' vibes despite prioritising privacy appeared first on AMBCrypto.
2019-12-21 15:30 | |
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On December 17, the European Central Bank (ECB) published a report that showcased its blockchain technology proof-of-concept. One particular feature the central bank digital chain holds is the ability to issue “anonymity vouchers.
2019-12-20 06:00 | |
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Europe's central bankers have developed an "anonymity voucher" to give prospective CBDC users limited privacy in their retail transactions.
2019-12-18 20:45 | |
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Venture capital firm Blockchain Capital recently published its State of Crypto 2019 report, with a section of the publication giving an in-depth look into CBDCs, Libra, and the state of cryptocurrencyThe post Libra, China's CBDC may test separation of money and state appeared first on AMBCrypto.
2019-12-13 14:30 | |
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An official at China’s central bank recently revealed the central bank’s readiness to launch the country’s central bank digital currency (CBDC) according to a report by Shanghai Securities News on August 10, 2019.
2019-8-12 18:44 | |
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The Central Bank of The Bahamas (CBOB) is set to move one step closer toward a nation-wide digital payment structure as it looks to ink a business partnership with transaction provider NZIA. io on May 30, 2019.
2019-5-30 13:00 | |
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Postdoctoral Researcher Believes That The Concept Of CBDCs Are Challenging To Launch, But Too Good To Ignore Hossein Nabilou is a postdoctoral researcher at the Facility of Law, Economics, and Finance at the University of Luxembourg.
2019-2-22 22:55 | |
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The Bank of Japan (BoJ) has issued a working paper that details the numerable pros and cons of central bank digital currencies (CBDCs). Published on February 19, 2019, the paper explores hypothetical problem areas, how and when CBDC’s can be used, as well as speculating on the economic implications.
2019-2-21 21:00 | |
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A Central Bank Digital Currency (CBDC) is not good for a country’s financial stability, said the Bank of Korea in its latest report. Dubbed as ‘Central Bank Digital Currency and Financial Stability,’ the study found that the introduction of CBDC deposits would radically decrease the supply of private credit by commercial banks.
2019-2-8 14:20 | |
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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.
2019-2-7 18:59 | |
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South Korea’s central bank has warned that adopting a state-backed cryptocurrency as an official form of legal tender would threaten the country’s financial stability. In a report, the Bank of Korea (BoK) said such a currency, also known as a central bank digital currency (CBDC), could result in a spike in interest rates and a […] The post South Korea’s Central Bank Says CBDCs Will Disrupt Financial Stability appeared first on Bitcoin News.
2019-2-7 16:40 | |
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South Korea’s central bank has warned that adopting a state-backed cryptocurrency as an official form of legal tender would threaten the country’s financial integrity. In a report, the Bank of Korea (BoK) said such a currency, also known as a central bank digital currency (CBDC), could result in a spike in interest rates and a […] The post South Korea Central Bank Says CBDCs Will Disrupt Financial Integrity appeared first on Bitcoin News.
2019-2-7 16:40 | |
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According to a report recently published by the Bank of International Settlements (BIS), central banks in most of its affiliate countries would be highly interested in having a better understanding of blockchain technologies and the possible implications of their adoption.
2019-1-9 18:50 | |
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A new report published by the Bank of International Settlements (BIS) shows that the majority of central banks are studying central bank digital currencies (CBDC). However, most of them are unlikely to issue any type of digital currency in the near future.
2019-1-9 00:00 | |
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Report Shows 70% Of Central Banks Is Performing Research Regarding CBDCs According to a recent report published on January 8 by the Bank for International Settlements (BIS) seventy percent of central banks around the world are analyzing the introduction of Central Bank Digital Currencies (CBDC). However, it seems that just a few of these monetary […]
2019-1-8 21:14 | |
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A new report from the Bank for International Settlements has found that 70 percent of central banks are conducting research into central bank digital currencies
2019-1-8 15:44 | |
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According to a brand new in depth report taken up and jointly published by the collective central banks of Canada, the United Kingdom and Singapore on November 15th, shed some profound light on the impact that Central bank Digital Currencies would have on interbank payments and transactions. According to the report, CDBC's would help improve […]
2018-12-4 11:48 | |
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The Governor of the Bank of Israel, in November 2017, appointed a team of research analysts to explore the possibility of introducing Central Bank Digital Currencies (CBDC). According to the report, published on November 6, 2018, the team raised many concerns and did not recommend the Bank of Israel to progress forward with a digital currency in the near future.
2018-11-8 18:00 | |
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A recent publication from the Reserve Bank of India reveals its consideration of a central bank-issued digital currency.
2018-8-31 20:33 | |
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In recent regulatory news, Spain’s Central bank has issued a report favoring the development of a central bank-issued digital currency (CBDC), the president of Taiwan’s central bank has advocated caution regarding CBDCs, the Blockchain Research Institute has published a summary of recent roundtable discussions calling for great regulatory clarity, and a Russian court has a […] The post Regulations Round-Up: Central Bank-Issued Digital Currencies, Regulatory Clarity appeared first on Bitcoin News.
2018-8-12 15:58 | |
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The report goes to mention that unlike cryptocurrencies, CBDC's could ensure financial stability and be used for exchange instead of just mere speculation. The post KIEL Sees the Potential of Central Bank Digital Currency To Bring Stability appeared first on CoinSpeaker.
2018-6-28 12:28 | |
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The Bank of Korea (BOK) on Monday argued against the issue of digital currencies by the central bank in a recent report. The bank said that launching its own central bank digital currency (CBDC) will raise the basic mechanisms of its monetary policy and make open market operations more complex.
2018-6-21 20:02 | |
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In a report released today by the Korean Times, The Bank of Korea (BOK), the country’s central bank, issued a statement saying that they oppose the idea of issuing a central bank digital currency (CBDC).
2018-6-23 06:52 | |
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South Korea’s central bank has said that it opposes the idea of issuing a central bank digital currency (CBDC). The news comes from the Bank of Korea’s (BOK’s) report about coins and the crypto-ecosystem, which looked at the possibility of issuing a CBDC and also how digital currencies might influence Korea’s financial sector as a.
2018-6-19 01:00 | |
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