Cryptocoins News / CoinJournal - 2 years ago
The competition is designed to find innovative retail CBDC solutions that increase efficiencies and promote financial inclusion
Central Bank Digital Currencies (CBDCs) are seeing growing adoption, with most world governments now at some stage of the...
Cryptocoins News / The Cointelegraph - 2 years ago
Though Randal Quarles said there was a "legitimate and strong regulatory interest in how stablecoins are constructed and managed," a U.S. dollar-pegged coin could help provide support for...
Cryptocoins News / The Cointelegraph - 2 years ago
Global economists continue to question the implications of blockchain implementation for central bank digital currencies. Blockchain, the underlying technology of cryp...
Cryptocoins News / The Cointelegraph - 2 years ago
The Bank of Israel has experimented with using Ethereum and nonfungible tokens for a pilot as part of its ongoing digital shekel research, a local report claims. Israe...
Bitcoin News / Bitcoin.com - 2 years ago
The National Bank of Rwanda (NBR) has become the latest African central bank to join the digital currency movement after an employee confirmed the institution is studying the possibilities of issuing its own digital currency.
CBDC Implications on Fi...
Bitcoin News / Bitcoin.com - 2 years ago
The Bank of France has successfully completed an experiment involving the use of CBDC to settle listed securities. The test has been carried out with the help of an alliance of partners led by SEBA Bank, a digital asset banking provider based in the...
Cryptocoins News / CoinJournal - 2 years ago
Israel is currently testing its digital currency according to the deputy Governor of the Bank of Israel.
Israel could be stealthily making significant progress on its digital currency, according to Andre Abir, the deputy Governor of the country&rsquo...
Cryptocoins News / CoinJournal - 2 years ago
The experiment was undertaken as a delivery vs. payment project, with tokenised securities handled using TARGET2-Securities.
Banque de France has announced that its experiment with a central bank digital currency for the settlement of listed securiti...
Bitcoin News / Bitcoin.com - 2 years ago
The central banks of Switzerland and France are joining hands with the Bank for International Settlements to test wholesale central bank digital currencies in cross-border transactions. The experiment will be conducted with the help of a private sect...
Cryptocoins News / The Cointelegraph - 2 years ago
The Central Bank of Nigeria says it is gearing up to test a sovereign digital currency to ease foreign remittance restrictions. Rakiya Mohammed, an IT specialist at th...
Cryptocoins News / The Cointelegraph - 2 years ago
The central bank digital currency project will test cross-border settlement between French and Swiss fiat currencies. The Bank of France and the Swiss National Bank ar...
Cryptocoins News / The Cointelegraph - 2 years ago
"The threats posed by crypto show that congress and federal regulators can't continue to hide out, hoping crypto will go away," said the Massachusetts senator. Democra...
Bitcoin News / Bitcoin.com - 2 years ago
Six East African states are reportedly set to explore the possibility of using central bank digital currencies (CBDC) as an alternative to their shared payment system. The six countries, which are all members of the East Africa Community (EAC) tradin...
Cryptocoins News / The Cointelegraph - 2 years ago
Regulatory hurdles and the economic impact of the pandemic have derailed some CBDC projects, but not all hope is lost. With the crypto market turning up its pace of gr...
Cryptocoins News / CoinJournal - 2 years ago
The latest efforts in China’s bid to implement a Central Bank Digital Currency (CBDC) are coming to Beijing
The Chinese government is planning a second large-scale test in the country’s capital to assess its population for the readiness o...
More / Etherum Reddit - 2 years ago
Central bank digital currencies (CBDCs) are set to become more "smart," according to the former head of the People's Bank of China's (PBoC) digital currency initiative. CBDCs could one day operate on blockchain networks like Ethereu...
Cryptocoins News / NewsBTC - 2 years ago
Yao Qian, a member of The China Securities Regulatory Commission, presented a case where a possible Digital U.S. dollar and the Digital Yuan run on top of Ethereum’s network. The government official spoke on The International Financial Forum (I...
Bitcoin News / Bitcoin.com - 2 years ago
The Central Bank Of Brazil, the highest monetary authority of the country, has released a note listing the general guidelines for the design of a hypothetical central bank digital currency (CBDC) for the country. While there are still no concrete ste...
Cryptocoins News / The Cointelegraph - 2 years ago
Sweden will trial its CBDC with a live banking participant. The experimentation will involve participation between Riksbank and Handelsbanken, a retail bank chain based in Sweden....