Cryptocoins News / The Cointelegraph - 2 years ago
The institution cited rising exploits against DeFi as a need for more secure CBDCs. On July 7, the Bank for International Settlements (BIS), a financial institution o...
Cryptocoins News / The Cointelegraph - 2 years ago
The theoretical network would help the dollar maintain its status internationally with “game-changing” improvements in service. The Federal Reserve Bank of New York’s...
Cryptocoins News / The Cointelegraph - 2 years ago
The CBDC aims to enhance the country’s potential for foreign trade with nations that lack U.S. dollar reserves. The Reserve Bank of India (RBI) is currently in discus...
by COINS NEWS - 2 years ago
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by COINS NEWS - 2 years ago
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Bitcoin News / Bitcoin.com - 2 years ago
Warren Davidson, U.S. representative and part of the House Committee on Financial Services, has disregarded issuing a central bank digital currency (CBDC) in the country. Davidson explained that CBDCs corrupt money into a “tool for coercionR...
Bitcoin News / Bitcoin.com - 2 years ago
The U.S. Securities and Exchange Commission’s (SEC) former head of internet enforcement has called the creation of a central bank digital currency (CBDC) “the most absurd financial idea in the history of monetary policy.” He warned that a centr...
More / Bitcoin Reddit - 2 years ago
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Cryptocoins News / The Cointelegraph - 2 years ago
The Chinese city of Jinan is pushing for CBDC adoption by implementing digital yuan payments across its entire bus network. Jinan, the capital of eastern China’s Shan...
Bitcoin News / Bitcoin.com - 2 years ago
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue, Argentina settles part of its $44 billion debt with the International Monetary Fund (IMF) using the Chinese y...
by COINS NEWS - 2 years ago
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by COINS NEWS - 2 years ago
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Cryptocoins News / The Cointelegraph - 2 years ago
Dilip Rao, a former Ripple executive who’s now leading Australia’s CBDC pilot, has been examining 14 possible use cases of central bank digital currencies. Central ban...
by COINS NEWS - 2 years ago
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Bitcoin News / Bitcoinist - 2 years ago
As digital currencies such as CBDCs begin to take a more pivotal role in the global economy, recent studies indicate an increase in their adoption rate among the world’s economies. Currently, 130 countries, which make up 98% of the global econ...
by COINS NEWS - 2 years ago
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Cryptocoins News / The Cointelegraph - 2 years ago
Project Mariana uses an automated market maker to reduce settlement risk and to create a liquidity pool in place of order books. The Bank for International Settlements...
Bitcoin News / Bitcoin.com - 2 years ago
The Swiss National Bank (SNB) said it plans to issue a wholesale central bank digital currency as a pilot via SIX Digital Exchange, a subsidiary of SIX, an operator of infrastructure for the Swiss and Spanish financial centers. SNB chairman Thomas Jo...
by COINS NEWS - 2 years ago
It goes without saying that no one in this sub likes CBDCs. It's crypto with all the noble parts of crypto stripped away, all for goverment control and an eventual dystopian hell. One just has to look at the social credit system in China and the...
Bitcoin News / Google News Bitcoin - 2 years ago
Creating CBDCs on a blockchain network: The Bitcoin ...& & CoinGeek
by COINS NEWS - 2 years ago
https://www.derstandard.at/story/3000000176562/warum-europa-einen-digitalen-euro-braucht Translation: VALDIS DOMBROVSKIS, FABIO PANETTA Why Europe needs a digital euro Cash is important, but a second option is needed. A digital euro would also impro...
Bitcoin News / Bitcoinist - 2 years ago
Switzerland looks set to join the growing list of nations conducting a Central Bank Digital Currency (CBDC) pilot. According to a report by Reuters, the Swiss National Bank (SNB) is set to begin a wholesale CBDC pilot in conjunction with the Swiss co...
by COINS NEWS - 2 years ago
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Cryptocoins News / The Cointelegraph - 2 years ago
The underpinning technology for the U.K.’s CBDC could use an alternative to blockchain technology. The Bank of England (BoE) has made significant developments in its c...
Cryptocoins News / The Cointelegraph - 2 years ago
Thomas Jordan, head of the Swiss National Bank, announced the project at a conference in Zurich; the central bank still feels “prudent” about a retail CBDC, though. Th...
