2022-4-12 15:00 |
“Project Lithium” is particularly focused on how a central bank digital currency (CBDC) could benefit the financial services industry.
Similar to Notcoin - TapSwap on Solana Airdrops In 2024
|
Qatar plans to issue a central bank digital currency (CBDC) and digital bank licenses. Qatar will be joining the list of countries exploring CBDCs and how they can be used to transform the financial sector.
2022-3-22 13:48 | |
|
|
There’s a reason why decentralized currencies are more than just a buzzword. With the shift toward a fully interoperable global digital economy, financial institutions have the opportunity to become more competitive in today’s modern landscape and to better serve their customers.
2022-3-5 21:40 | |
|
|
A new report highlights private-sector innovation and greater financial inclusion with CBDCs, but raises concerns around the descending hegemony of the U.S. Dollar.
2022-1-14 16:29 | |
|
|
Глава Центра правительственной связи (GCHQ), одного из разведывательных ведомств Великобритании, Джереми Флеминг предупредил о возможных негативных последствиях глобального распространения китайской CBDC для других стран, пишет Financial Times.
2021-12-14 17:46 | |
|
|
The move comes as the Bank of Japan wants to roll out a digital yen CBDC by the end of next year.
2021-12-7 00:35 | |
|
|
“CBDC would be part of an effort to address the use of crypto in financial transactions,” Bank of Indonesia’s assistant governor Juda Agung said.
2021-11-30 14:53 | |
|
|
The Central Reserve Bank of Peru’s (BCRP) President, Julio Velarde, announced they are working on developing a CBDC in collaboration with other central banks around the globe. As the country experiences instability and inflation in goods and services, the central bank discusses financial models to fight the imminent crisis.
2021-11-18 02:59 | |
|
|
“We should act now to improve access to financial services through other means as well — the need is too great," said Tim Massad.
2021-11-18 01:00 | |
|
|
Nigeria celebrated the launch of its central bank digital currency [CBDC] with pomp. It also noted massive adoption within just a couple of days - with 367,000 consumer wallets and over 58,600 merchanThe post Nigeria: Was e-Naira's vision of financial inclusion just a mirage? appeared first on AMBCrypto.
2021-11-7 21:30 | |
|
|
CBDC fever has spurred many financial institutions across the world into action. Along with the BIS Innovation Hub, the Bank of Thailand, the Central Bank of the U.A.E., the People's Bank of China [DiThe post CBDCs: Project mBridge to enter pilot stage next year appeared first on AMBCrypto.
2021-11-5 02:30 | |
|
|
Nigeria has officially launched its CBDC, the eNaira after minor hiccups along the way. The project has been hailed by the country’s government as one that will foster financial inclusion as well as usher in other benefits for the country.
2021-10-27 10:41 | |
|
|
American fast-food restaurant chain McDonald’s is reportedly being pressured by China to expand the trial program of its digital yuan central bank digital currency (CBDC). According to a Financial Times report, digital yuan wallets are already being trialed as a payment option in over 250 McDonald’s stores in Shanghai.
2021-10-21 14:45 | |
|
|
Financial market participants in France have collaborated with Euroclear to complete a series of bond transactions using a Banque de France-issued central bank digital currency (CBDC) and a blockchain solution developed by IBM.
2021-10-20 21:00 | |
|
|
Led by Belgian financial services firm Euroclear, the latest French CBDC trial involved a system by tech giant IBM.
2021-10-19 11:57 | |
|
|
Offline CBDC functionality will help bring financial services to Ghanaians who lack access to bank accounts or an internet connection.
2021-10-19 03:51 | |
|
|
The Bank of Japan underlined the importance of a simple, interoperable central bank digital currency, should it decide on one. The post Bank of Japan Aims for Financial ‘Coexistence’ With CBDC appeared first on BeInCrypto.
2021-10-16 20:39 | |
|
|
In a new move that is set to change the dynamics of the financial industry in the United States, the country’s Federal Reserve is set to release detailed plans that will guide the process of reviewing the risks and benefits attached to issuing a central bank digital currency (CBDC), a report on Wall Street Journal […] The post US Federal Reserve would soon release ‘detailed plans’ for a digital dollar appeared first on CryptoSlate.
2021-10-6 16:00 | |
|
|
Declining cash usage in New Zealand could inspire the country’s financial regulatory authorities to launch a central bank digital currency (CBDC) sooner than expected. Electronic transactions currently account for 90% of liquid money in the country according to an official statement from the Reserve Bank of New Zealand. Additionally, as of 2020, only 9% of […]
2021-10-6 17:40 | |
|
|
Meanwhile, Bank of Japan Governor Haruhiko Kuroda showed concerns towards stablecoins which are “closely linked to the central bank currency,” as they could have “some impact on the financial system.
2021-10-4 16:08 | |
|
|
The central bank of Laos is working with Japanese financial startup Soramitsu to conduct a study on the feasibility of a central bank digital currency. The post Laos to Conduct CBDC Study With Japanese Startup Soramitsu appeared first on BeInCrypto.
2021-10-4 09:21 | |
|
|
The new policies recommended by the IMF aim to curb down the financial risks associated with global crypto adoption.
2021-10-4 08:34 | |
|
|
Speaking before the House Financial Services Committee, US Federal Reserve Chairman Jerome Powell, stated that the authority has no objective to ban cryptocurrencies. According to Powell, who responded to his earlier comments that cryptocurrencies could be replaced by a central bank digital currency (CBDC), the crypto market should be regulated in accordance with existing laws.
2021-10-3 20:07 | |
|
|
Countries around the world are scrambling to launch their CBDC projects as cryptocurrencies continue to become part and parcel of the financial system. The United States Federal Reserve seems to be inThe post US Fed on Digital Dollar - 'More important to do this right than to do it fast' appeared first on AMBCrypto.
2021-9-24 05:00 | |
|
|
Today, we are proud to announce our partnership with Bhutan’s central bank, the Royal Monetary Authority (RMA), who will use Ripple’s CBDC solution to pilot a central bank digital currency (CBDC) in phases.
2021-9-23 22:52 | |
|
|
Бенуа Кере, возглавляющий подразделение по инновациям Банка международных расчетов, уверен, что криптовалюты и стейблкойны уже несут угрозу для кредитных организаций. Глава хаба по инновациям Банка международных расчетов (BIS) Бенуа Кере в интервью Financial Times сообщил, что центральным банкам нужно ускориться в разработке собственных цифровых валют (CBDC).
2021-9-12 10:00 | |
|
|
The central bank digital currency (CBDC) race is still one of the biggest talks of the financial world — so much so that central banks of multiple countries have recently teamed up to work on a joint CBDC.
2021-9-2 13:23 | |
|
|
The Central Bank of Nigeria has sent a detailed document regarding central bank digital currency (CBDC) guidance to financial institutions in the country. The document covers the testing and implementation of the e-Naira.
2021-8-31 13:01 | |
|
|
The Bank of Thailand (BOT) has revealed that it plans to develop and test its retail CBDC in the second quarter of 2022. This development was revealed by Vachira Arromdee, the assistant governor of BOT’s Financial Markets Operation Group.
2021-8-19 19:00 | |
|
|
The results of a new study from the Bank of Thailand point to three key considerations for making sure a retail central bank digital currency doesn't adversely impact financial stability.
2021-8-20 11:52 | |
|
|
Banks represent the commercial financial infrastructure in any given economy and therefore should not be under the threat of being phased out by the development of central bank digital currencies, according to JPMorgan’s strategist Josh Younger.
2021-8-9 00:14 | |
|
|
CEO Dan Schulman “really pleased with the momentum… on crypto” but said it isn't the main course as they are onto what the next generation of the financial system looks like in terms of CBDC, smart contracts, and interesting DeFi applications.
2021-7-29 16:44 | |
|
|
A survey conducted among financial professionals has indicated that the industry wants Ukraine’s future digital currency to be used as a tool in the crypto space. The financial sector also favors a blockchain design for the e-hryvnia that would allow peer-to-peer transfers and fuel e-commerce.
2021-7-11 16:30 | |
|
|
Japan's Central Bank could issue its central bank digital currency (CBDC) by the end of next year. This was made known by Hideki Murai, who runs the Liberal Democratic Party's panel on cryptos.
2021-7-6 19:08 | |
|
|
“While I believe in the power of new technology, we also need to manage its impact on our economy and society,” said Rishi Sunak.
2021-7-2 19:30 | |
|
|
The Monetary Authority of Singapore (MAS) has launched a global challenge for financial institutions to submit ideas and solutions relating to retail Central Bank Digital Currencies (CBDCs). The apex bank unveiled the challenge in partnership with the International Monetary Fund (IMF), World Bank, Asian Development Bank, and the Organisation for Economic Co-operation and Development.
2021-6-29 21:40 | |
|
|
The Monetary Authority of Singapore (MAS) has launched a Global CBDC Challenge that would see global financial institutions, financial technology companies, and others submit solutions around peculiar issues surrounding retail central bank digital currencies (CBDCs).
2021-6-29 08:00 | |
|
|
The Singapore Monetary Authority (MAS) has rolled out a global challenge for retail central bank-issued digital currencies (CBDCs). The regulator seeks to attract FinTech firms and financial institutions across the globe into the country.
2021-6-30 02:11 | |
|
|
Hong Kong’s Financial Secretary spoke emphatically of the need for digital transformation and confirmed that the region will conduct technical tests using the CBDC next year. The post Digital Renminbi Tests to Kick Off in Hong Kong Next Year appeared first on BeInCrypto.
2021-6-28 09:46 | |
|
|
R3 and the ASEAN Financial Innovation Network (AFIN) have inked a strategic partnership deal aimed at developing a central bank digital currency (CBDCs) sandbox that would make it easier for fintech firms and traditional banks to create and test their CBDC payment solutions, according to a press release on June 15, 2021. Accelerating CBDC DevelopmentRead More
2021-6-17 23:00 | |
|
|
Financial authorities in Hong Kong have announced a second phase of trials for mainland China’s digital currency. As part of the upcoming tests, the city will link the Chinese digital yuan to its domestic payments system to evaluate the CBDC’s usability in cross-border scenarios.
2021-6-9 16:30 | |
|
|
China’s central bank digital currency (CBDC) continues to gain further ground as the Beijing Local Financial Supervision and Administration Bureau revealed 40 million worth of the country’s digital yuan ($6.
2021-6-3 06:30 | |
|
|
Russia’s central bank governor, Elvira Nabiullina, believes that digital currencies will be the future of financial systems as the country’s economy moves more online. The post Russia’s Central Bank Governor: CBDC Is Future for Country’s Financial System appeared first on BeInCrypto.
2021-6-3 23:17 | |
|
|
Russia’s Central Bank Chief Elvira Nabiullina said her country's decision to create a central bank digital currencies (CBDC) is due to its perceived benefits. Digital Ruble Prototype Would Be Launched This Year Speaking in a CNBC interview, the apex bank governor said Russia aims to roll out its Digital Ruble prototype by the end of […] The post Russia’s Central Bank Chief Says CBDCs Are Necessary For Financial Systems first appeared on BitcoinExchangeGuide.
2021-6-3 20:36 | |
|
|
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 (IFF) 2021 in Beijing on May 30th.
2021-6-1 21:22 | |
|
|
Talking about stablecoins' potential to enhance the payments system, Chairman Jerome Powell said they also “carry potential risks” to its users and the broader financial system. The post Federal Reserve Is Moving Forward with its Digital Dollar Plan; Starting with Publishing a Paper on CBDC first appeared on BitcoinExchangeGuide.
2021-5-21 16:00 | |
|
|
Credit rating agency Fitch Ratings said that central bank digital currencies (CBDC) could disrupt financial systems as a result of disintermediation and cybersecurity threats. The post Fitch Ratings: CBDCs May Disrupt Financial Systems if Risks Not Managed appeared first on BeInCrypto.
2021-5-18 10:55 | |
|
|
Central bank digital currencies (CBDCs) have become the rave of the moment following the global outcry for a more efficient and inclusive financial system. With the economic impact of the pandemic, the need for a digital form of value transmission has never been higher than now.
2021-5-7 19:16 | |
|
|
European financial institutions are using pilots to make a case for the digital euro.
2021-5-1 11:12 | |
|
|
The booming cryptocurrency industry is forcing national banks to look towards fiat-backed digital currencies as a way of regaining back control of the financial system. Even as the outcry for central bank digital currencies (CBDCs) is becoming more and more pronounced, many world governments are gradually launching their own independent programs to meet this growing […] The post Bank Of England And HM Treasury Launch CBDC Task Force to Evaluate Opportunities & Risks first appeared on BitcoinExchangeGuide.
2021-4-20 20:24 | |
|
|
| Analogue Notcoin - TapSwap |
Deutsche Bank analysts warn of stablecoin risks, citing Tether's lack of transparency. The post Tether refutes Deutsche Bank research revealing stablecoin solvency risks appeared first on Crypto Briefing.
Lagrange Labs, a cryptography startup specializing in zero-knowledge proofs, raises $13.2M seed round led by Peter Thiel's Founders Fund. The post Lagrange Labs closes $13.2M to build out ZK proofs based on EigenLayer appeared first on Crypto Briefing.
Founded at Harvard, Botanix Labs raises millions to build the first Bitcoin-native Layer 2 primitive with full EVM equivalence — Spiderchain.
Key takeaways London-based Revolut has launched Revolut X to compete with leading crypto exchanges. Bitbot’s presale has now officially crossed the $3. 2 million mark. Revolut X is now live for experienced traders Financial institutions continue to troop into the cryptocurrency space and London-based Revolut will not be left out.
QCP Capital secures initial approval to operate in Abu Dhabi, expanding its crypto options trading services to the Middle East. The post QCP Capital secures preliminary approval to operate in Abu Dhabi appeared first on Crypto Briefing.
The cryptocurrency market is normally considered drastically different from traditional financial sectors for its humungous potential for high profit. This recently emerged market already has several success stories of investors turning a few hundred dollars into six-digit returns in a period of less than a year.
Crypto startups are turbocharging valuations through aggressive fundraising methods that reflect renewed crypto industry investor appetite despite looming economic uncertainty. The post Crypto startups see rapid growth through ‘fluid valuations’ and decentralized cap tables — Bloomberg appeared first on Crypto Briefing.