Cryptocoins News / The Cointelegraph - 5 months ago
The Monetary Authority of Singapore has unveiled its plan to launch a live wholesale CBDC used for settlements by local banks. A pilot program for a live Singapore dol...
Cryptocoins News / CoinJournal - 5 months ago
IMF’s Georgieva urges global readiness for CBDCs at Singapore FinTech Festival.
CBDCs are a potential cash replacement, enhancing resilience, and promoting financial inclusion.
IMF introduces CBDC handbook and acknowledges BIS’s role in...
Bitcoin News / Bitcoin.com - 5 months ago
Rich Dad Poor Dad author Robert Kiyosaki has cautioned that fiat money is not safe, emphasizing that central banks are buying gold to save themselves. He urged investors to safeguard themselves against central bankers and reiterated his advice to inv...
Bitcoin News / Bitcoin.com - 5 months ago
The Nigerian central bank has dismissed rumors suggesting that the previously demonetized naira banknotes are no longer legal tender. According to the bank, all banknotes it has ever issued remain legal tender and “should not be rejected by any...
Cryptocoins News / Blockchain - 5 months ago
Agustín Carstens, General Manager of the Bank for International Settlements, highlighted the importance of cybersecurity for central bank digital currencies (CBDCs) during a conference in Basel, Switzerland, emphasizing the need for secure, user-frie...
Cryptocoins News / The Cointelegraph - 5 months ago
Agustín Carstens called CBDCs the “central element” of central bank leadership in innovation. Central banks have a responsibility to keep pace with the digital age and...
Cryptocoins News / The Cointelegraph - 5 months ago
UAE lawyer Irina Heaver explained that the new guidance is part of the UAE’s efforts to be removed from the Financial Action Task Force’s (FATF) “grey list.” The Centr...
Bitcoin News / Bitcoin.com - 6 months ago
Central banks around the world maintained their appetite for gold in the third quarter of 2023, with their purchases totaling 337 metric tons, the World Gold Council’s (WGC) third-quarter report shows. Analysts from the council suggest that th...
Cryptocoins News / The Cointelegraph - 6 months ago
The National Bank of Georgia will use the CBDC platform to assess digital lari’s benefits for government, businesses and retail users. The National Bank of Georgia (NB...
Bitcoin News / Bitcoin.com - 6 months ago
The Nigerian Central Bank has denied claims in a widely circulating text message that it plans to redenominate the naira starting in January 2024. According to the bank, the authors of the message had seemingly “modified text eked from an old p...
Cryptocoins News / The Cointelegraph - 6 months ago
The Central Bank of the Argentine Republic has accelerated its work on legislation to implement a CBDC in the country. After a series of remarks about the potential be...
Cryptocoins News / Finance Magnates - 6 months ago
The European Central Bank (ECB) has taken significant steps
toward the development of a digital version of the euro. It aims to provide
secure and free electronic payment options for the 20 nations that share the single currency.ECB's Two-Year Prepar...
Cryptocoins News / The Cointelegraph - 6 months ago
The mere fact that the Deutsche Bundesbank, BIS and other financial incumbents want such information now suggests a tacit acceptance of crypto. The Bank for Internat...
Bitcoin News / Bitcoin.com - 6 months ago
A top Federal Reserve official said Tuesday she has yet to be convinced there is a need for the U.S. central bank to develop a digital currency.
Fed Governor Remains Unconvinced on U.S. CBDC, Cites Existing Innovations and Risks
In a discourse at Har...
Cryptocoins News / CoinJournal - 6 months ago
Russia’s largest bank, Sber, is set to play a vital role in CBDC testing.
Sberbank operates several tech solutions including Okko streaming, Citymobil taxi, SberSound, and SberMarket.
Russia’s digital currency ecosystem structure resembl...