by COINS NEWS - 6 months ago
So like many central banks, the governance/ ownership set up is a bit odd. As the bank say... We’re publicly owned. We are a public body that must answer to the people of the UK through Parliament. We started over 300 years ago as a private bank wit...
Cryptocoins News / Blockchain - 6 months ago
Mastercard, in association with the RBA and DFCRC, has demonstrated a groundbreaking interoperable CBDC solution to enhance Web3 commerce in Australia and beyond. The live demonstration showcased a pilot CBDC holder purchasing an NFT on Ethereum, uti...
Bitcoin News / Bitcoin.com - 6 months ago
India’s central bank, the Reserve Bank of India (RBI), has initiated a pilot for a second use case of its wholesale central bank digital currency (CBDC), focusing on the call money market. The Indian central bank reportedly plans to expand its...
Bitcoin News / Bitcoin.com - 6 months ago
Mastercard says its new solution that enables central bank digital currencies (CBDCs) to be tokenized or wrapped onto different blockchains provides consumers with “a new option to participate in commerce across multiple blockchains with increa...
by COINS NEWS - 6 months ago
The introduction of Central Bank Digital Currency (CBDC) will involve gradually phasing out physical currency in favor of digital currency. This digital currency can then be subject to confiscation, manipulation, or taxation by governments at their d...
Cryptocoins News / The Cointelegraph - 6 months ago
Eetu Kuneinen argued against CBDCs, as they are “centralized by nature,” saying that certain dangers come with government control. At the recent Future Innovation Sum...
Cryptocoins News / Finance Magnates - 6 months ago
An
official from China's foreign exchange regulatory body has highlighted the
potential benefits of "programmable features" within a central bank
digital currency (CBDC) to enhance the effectiveness of monetary policy tools.
China is actively develop...
Cryptocoins News / The Cointelegraph - 6 months ago
The government is incentivizing new residents to come develop payment solutions, smart contracts, hard wallets and promotions for the digital yuan. China opened an ind...
Cryptocoins News / CoinJournal - 6 months ago
The trial involved wrapping CBDCs for use in purchasing NFTs on blockchains.
Mastercard’s Multi Token Network played a pivotal role in the trial.
There is a growing importance of CBDCs and blockchain in the financial industry.
In a groundbrea...
Cryptocoins News / The Cointelegraph - 6 months ago
The experiment demonstrated that CBDCs could be wrapped to purchase NFTs on blockchains such as Ethereum. Mastercard has completed a trial involving wrapping central...
Bitcoin News / Bitcoin.com - 6 months ago
The Ghanaian central bank said it will be hosting a 12-week hackathon where participants are expected to explore the e-cedi’s nine different use cases. At the end of the hackathon, the central bank will hold a conference where individuals with...
by COINS NEWS - 6 months ago
The Nigerian central bank has disputed media reports suggesting its Sept. 11, 2023 document implies that its e-naira currency poses a threat to financial stability. The central bank said it felt compelled “to clarify the reports to ensure that...
Bitcoin News / Bitcoin.com - 6 months ago
A recent study conducted by the Bank of Canada delved into the role a central bank digital currency (CBDC) would play in improving financial inclusion, digital inclusion, and accessibility. The study concludes that while the Canadian financial ecosys...
More / Bitcoin Reddit - 6 months ago
A compilation of clips of politicians, lawmakers, journalists and social media influencers discussing the differences between Bitcoin's public, transparent, permissionless blockchain and the private, opaque, permission and compliance-requir...
Bitcoin News / Bitcoin.com - 6 months ago
The Bank of Korea and the Bank for International Settlements (BIS) have announced a new pilot that will test the functionality of a Korean wholesale central bank digital currency (CBDC), which will serve as a tool for banks to settle interbank transa...
Cryptocoins News / The Cointelegraph - 6 months ago
Central bank digital currencies (CBDCs) are poised to give politicians unprecedented power to track your data, restrict your movements, and control your life. Central...
Cryptocoins News / The Cointelegraph - 6 months ago
Juan Agustín D’Attellis Noguera publicly supported Sergio Massa in promoting a central bank digital currency as a remedy for the national economy. Juan Agustín D’Attel...
Bitcoin News / Bitcoinist - 6 months ago
Ripple has clinched two prestigious awards at Juniper Research’s Future Digital Awards for Fintech & Payments 2023. Juniper Research revealed yesterday, on October 3, that the fintech company has been honored with the “Sustainability...
Cryptocoins News / The Cointelegraph - 6 months ago
The potential is there, but the difficulties in achieving financial inclusivity are often underestimated, a Bank of Canada study shows. A common argument made in favo...
Bitcoin News / Bitcoin Magazine - 6 months ago
In the heart of Manhattan, high above Hudson Yards in a bustling hotel, Bitcoin Magazine’s Editor in Chief, Mark Goodwin, sat down with US presidential hopeful Robert F. Kennedy Jr. for a candid and engaging interview that shed new light on his polit...
More / Bitcoin Reddit - 6 months ago
Hey, r/Bitcoin community! I've created a video that discusses how Digital ID's will lead to CBDC's and takes a critical look at how Bitcoin's open, public, transparent, and permissionless blockchain contrasts sharply with the pr...