Bitcoin News / Bitcoin.com - 2 years ago
The Jamaican central bank successfully completed the pilot testing of its central bank digital currency, a statement from the bank has said. The statement however reveals that only one payment service provider participated in the pilot.
Only One...
Cryptocoins News / The Cointelegraph - 2 years ago
The Bank of Jamaica initially partnered with the Irish cryptography firm eCurrency Mint for its CBDC project in March 2021. The Bank of Jamaica (BoJ) has successfully...
Cryptocoins News / The Cointelegraph - 2 years ago
New technologies and a next-generation payment infrastructure would help Mexico become more financially inclusive. Mexico has announced that it would introduce a new n...
Bitcoin News / Bitcoin.com - 2 years ago
India’s central bank, the Reserve Bank of India (RBI), says a basic central bank digital currency (CBDC) model must be adopted initially and tested comprehensively to minimize the impact on the country’s monetary policy and banking syst...
More / Bitcoin Reddit - 2 years ago
It seems quite certain that CBDCs will be a centralized privacy nightmare by giving transparency and full power about every aspect of money to a single institution while everyone else will not be granted any rights or insights. From a business perspe...
Cryptocoins News / CoinJournal - 2 years ago
Changpeng “CZ” Zhao also says CBDCs may have positives and an option, but governments shouldn’t seek to regulate them independently.
Binance CEO Changpeng Zhao, one of the most prominent figures in crypto, has cautioned that gover...
Cryptocoins News / The Cointelegraph - 2 years ago
"We're also excited that when working with central banks, we can do it in a way that is through regulation and compliance," says Bitt CEO Brian Popelka. Barbados, a p...
Cryptocoins News / The Cointelegraph - 2 years ago
"We're also excited that when working with central banks, we can do it in a way that is through regulation and compliance," said Bitt CEO Brian Popelka. Barbados, a p...
Cryptocoins News / NewsBTC - 2 years ago
The Stellar Development Foundation (SDF) has been working with the Ukrainian government on their national Central Bank Digital Currency (CBDC) for a while. The collaboration has started to produce results as the SDF, Bitt, and TASCOMBANK recently dep...
Cryptocoins News / The Cointelegraph - 2 years ago
The two firms successfully executed cross-realm and end-to-end digital asset transactions with the pilot test, which can also settle securities and forex. On Thursday,...
Cryptocoins News / The Cointelegraph - 2 years ago
The National Bank of Kazakhstan said it plans to present some of the results of the CBDC study to stakeholders in July 2022 and reaching a decision on launching a digital tenge by Decembe...
Bitcoin News / Bitcoin.com - 2 years ago
Nigerian blockchain and cryptocurrency experts have suggested that many prospective users will only consider adopting the e-naira once the central bank has done enough to make the CBDC (central bank digital currency) an attractive option to use.
E-N...
Cryptocoins News / The Cointelegraph - 2 years ago
Crypto industry leaders need to self-regulate before inadequate public officials decide to take on the task themselves. Each year that we get a little further away fro...
Cryptocoins News / The Cointelegraph - 2 years ago
What is the future of cryptocurrencies in Russia, and can a digital ruble really be introduced in the coming years? After the Chinese authorities introduced a complet...
Bitcoin News / Bitcoin.com - 2 years ago
Bank of France, the Swiss National Bank (SNB), and the Bank for International Settlements have successfully tested the application of wholesale central bank digital currency in cross-border payments. The project used distributed ledger technology and...
Cryptocoins News / The Cointelegraph - 2 years ago
One of the world’s biggest Bitcoin mining countries is still thinking about whether it needs a central bank digital currency. Kazakhstan, one of the world’s largest c...
Cryptocoins News / The Cointelegraph - 2 years ago
Two more Eastern Caribbean nations have begun using the DCash system, which allows payments and transfers of the digital EC dollar CBDC. The Eastern Caribbean Central...
Cryptocoins News / The Cointelegraph - 2 years ago
Following Treasurer Josh Frydenberg’s “payments and crypto reform plan,” the RBA has published a report exploring DLT tech and wholesale CBDC issuance. The Reserve Ban...
Cryptocoins News / NewsBTC - 2 years ago
The Eastern Caribbean Central Bank (ECCB) expanded its CBDC (DCash) to two more nations of the commonwealth: Dominica and Montserrat. Now, the digital version of the EC dollar has been rolled out in seven out of all eight-member from ECCU countries....