Will CBDCs Take Over the World? We Hope Not, Say Crypto Community

2023-2-3 01:00

Central Bank Digital Currencies (CBDCs) are often touted as the future of money. They scare some and excite others. What's the truth? The post Will CBDCs Take Over the World? We Hope Not, Say Crypto Community appeared first on BeInCrypto.

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cbdcs say crypto hope community take world

Источник: beincrypto.com

cbdcs say → Результатов: 12


Фото:

Central Banks of UAE and Saudi Arabia Say CBDCs are More Efficient and Can Preserve Privacy

The conclusion of Project Aber and subsequent review by the Central Banks of the Kingdom of Saudi Arabia (Saudi Arabian Monetary Authority) and the United Arab Emirates (CBUAE) shows that Distributed Ledger Technology (DLT) can improve remittance and satisfy privacy demands despite it being technically untenable, a joint report on Nov 28 reveals.

2020-12-1 02:00


Фото:

Facebook Plans to Redesign Project Libra Due to Regulatory Hurdles 

Facebook and the Libra Association are making plans to redesign project Libra in a bid to scale the ending regulatory hurdles that have plagued the global crypto project. Sources say the proposed Libra network may function as a payments network, supporting other cryptocurrencies including central bank digital currencies (CBDCs), reports Bloomberg on March 4, 2020.

2020-3-4 18:00


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Australia CBDC Could Complement Rather Than Replace Crypto

Australia's CBDC pilot reveals synergies crypto could benefit from, including CBDC-backed stablecoins and a robust framework for categorizing digital assets. The post Australia CBDC Could Complement Rather Than Replace Crypto appeared first on BeInCrypto.

Global Survey Reveals Mixed Views on Central Bank Digital Currencies

Olivier Fines of the CFA Institute told Reuters that even among a sophisticated and financially literate group like their members, there is very little understanding of CBDCs. Additionally, Fines noted skepticism regarding the potential benefits of CBDCs, particularly in developed economies.

Caution Is Key as Tanzania Mulls Central Bank Digital Currency Launch

Tanzania is exploring the potential of central bank digital currency with a new initiative from its central bank, the Bank of Tanzania (BoT). The central bank is looking into the possibility of creating a digital version of the Tanzanian shilling, in line with the growing trend among central banks worldwide to examine the use of digital currencies as a way to enhance financial inclusion and improve the efficiency of monetary policy.