Cryptocoins News / The Cointelegraph - 2 years ago
“We should act now to improve access to financial services through other means as well — the need is too great," said Tim Massad. Tim Massad, who served as chair of th...
Cryptocoins News / The Cointelegraph - 2 years ago
The total market capitalization of stablecoins increased five-fold in the past year alone. In a speech published Wednesday noon, Federal Reserve Governor Christopher...
Bitcoin News / Bitcoin.com - 2 years ago
Nearly half a million e-naira wallets have been downloaded a few weeks after the central bank digital currency (CBDC) was officially launched by Nigerian President Muhammadu Buhari, the central bank has said. E-Naira’s Initial Trade Volumes I...
Cryptocoins News / The Cointelegraph - 2 years ago
Minister Monica Mutsvangwa clarified that Zimbabwe is not considering the adoption of cryptocurrencies or Bitcoin. Zimbabwe’s minister of information publicly dismisse...
Cryptocoins News / The Cointelegraph - 2 years ago
"The earliest date for launch of a U.K. CBDC would be in the second half of the decade,” said the Bank of England, adding no final decision has yet been made. The Bank...
Cryptocoins News / The Cointelegraph - 2 years ago
The retail CBDC will be developed in partnership with private entities, which “would be the digital equivalent of today’s notes and coins.” The Monetary Authority of S...
More / Etherum Reddit - 2 years ago
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Bitcoin News / Bitcoin.com - 2 years ago
While the Central Bank of Nigeria (CBN) continues to tout the e-naira’s credentials as a tool for fostering financial inclusion, some experts agree that this central bank digital currency (CBDC) is presently not doing this. The CBDC’s C...
by COINS NEWS - 2 years ago
Mr. Robot is a TV series based around a hacker and taking down the US financial systems. I won't go into the details of the series, but in Season 2 Episode 11 (Aired Sept 14, 2016) there was a conversation between 2 people. The CEO (Phillip) of t...
More / Etherum Reddit - 2 years ago
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Cryptocoins News / The Cointelegraph - 2 years ago
The world's third-largest consumer payment processor remains bullish on the adoption of CBDCs. During an earnings call with investors and stakeholders, Michael Miebach...
Cryptocoins News / NewsBTC - 2 years ago
As the adoption of digital assets is becoming more mainstream, some countries are awakening to join the flow. This has borne the desire to get a central bank digital currency, CBDC, by some countries. One of such countries is France. For some months,...
Bitcoin News / Bitcoin.com - 2 years ago
The Nigerian president, Muhammadu Buhari, suggested in a recent speech that the new e-naira central bank digital currency (CBDC) could lead to an increase in the value of his country’s GDP by $29 billion in ten years. Africa’s First CB...
More / Bitcoin Reddit - 2 years ago
So I fail to see why CBDC's require blockchain technology. What specifically about append-only logs that use consensus mechanisms to add entries will enable CBDC's? Clearly central banks aren't after decentralization so why not keep it...
Bitcoin News / Bitcoin.com - 2 years ago
The Nigerian President, Muhammadu Buhari, is expected to formally launch the country’s central bank digital currency (CBDC) on October 25, 2021. High-Level Endorsement of the CBDC According to a statement released by the Central Ba...
Bitcoin News / Bitcoin.com - 2 years ago
According to a recent report, Beijing is pressing the fast-food retail chain McDonald’s to support the digital yuan before the Winter Olympics in China scheduled for February 2022. The report notes that China is also pushing companies like Vis...
More / Etherum Reddit - 2 years ago
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Bitcoin News / Bitcoin.com - 2 years ago
After failing to roll out its CBDC on October 1, the Central Bank of Nigeria (CBN) has released a document in which it reiterates its commitment to launching the e-naira. In fact, in this document titled The Design Paper for the E-naira, the CBN says...
by COINS NEWS - 2 years ago
During an AMA on Twitter, Algorand COO W. Sean Ford confirmed that some CBDCs will be using Algorand. The community suspected that for a long time, as Algorand had previously announced that they were in talks with at least 16 central banks. Decipher,...
Cryptocoins News / The Cointelegraph - 2 years ago
Led by Belgian financial services firm Euroclear, the latest French CBDC trial involved a system by tech giant IBM. The central bank of France continues actively explo...
Cryptocoins News / The Cointelegraph - 2 years ago
Offline CBDC functionality will help bring financial services to Ghanaians who lack access to bank accounts or an internet connection. Ghana is working to develop offl...
Cryptocoins News / CoinJournal - 2 years ago
A digital currency may be coming to the US soon, but blockchain won’t play a crucial role in its development Former President of the Federal Reserve Bank of Boston Eric Rosengren recently revealed that he does not see blockchain’s use in...
Cryptocoins News / The Cointelegraph - 2 years ago
Governments in Asia are quickly researching or implementing CBDCs. What does this mean for the region’s overdependence on the U.S. dollar? The rapid growth of mainst...
More / Etherum Reddit - 2 years ago
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Cryptocoins News / The Cointelegraph - 2 years ago
The Bank of Japan is keen to ensure the seamless integration of its central bank digital currency with the existing payment architecture. While Japan’s CBDC plans are...
