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Circle Says A Central Bank Digital Currency (CBDC) Is Not Needed

In recent times, several central banks have been looking to develop a Central Bank Digital Currency (CBDC) to address the limitations of fiat currencies, especially in cross-border payments. However, Circle, issuers of the USDC stablecoin, have said the development of a CBDC is unnecessary and could produce more harm than benefits. In response to the […] дальше »

2022-5-31 16:17


Четыре центробанка завершили пилот по использованию CBDC в трансграничных расчетах

Инновационный хаб BIS совместно с центробанками Австралии, Малайзии, Сингапура и Южной Африки разработал два прототипа платформы для международных расчетов с несколькими CBDC. Project Dunbar scoped out three key challenges of implementing a multi-CBDC platform across central banks – access, regulation compatibility, and governance – and proposed practical design solutions @reservebankau @BNM_official @MAS_sg @SAReserveBank https://t. дальше »

2022-3-23 16:32


Visa Teams Up With Consensys To Build Payment Infrastructure For CBDCs

Visa and ConsenSys, a blockchain software startup, are working to develop a central bank digital currency (CBDC) pilot program to explore retail applications such as cards and wallets. Both firms will first meet with an estimated 30 central banks to discuss the goals that governments hope to achieve with government-backed digital currency. дальше »

2022-1-15 02:17


Switzerland: Testing of digital franc in joint operation with 5 banks ends 'successfully'

It is no surprise that central bank digital currency (CBDC) will be a game-changer for international and local businesses. Then regulators, consumers, and other stakeholders. Basically, CBDC is a The post Switzerland: Testing of digital franc in joint operation with 5 banks ends 'successfully' appeared first on AMBCrypto. дальше »

2022-1-15 23:30


Significant Stablecoin Adoption Could Result in “Excessive Market Power,” says BIS Report on CBDC

Central bank money ensures public trust in money and supports public welfare, said the global body policymaker in its latest report on central bank digital currencies (CBDCs). With new forms of digital money issued by the private sector, such as stablecoins emerging, which has accelerated since the Covid-19 pandemic began, central banks are also ensuring […] The post Significant Stablecoin Adoption Could Result in “Excessive Market Power,” says BIS Report on CBDC first appeared on BitcoinExchangeGuide. дальше »

2021-10-1 18:12


Tajikistan Trials CBDC with Fantom (FTM), Chile to Decide on Digital Peso Roll-out Early Next Year

The Fantom Foundation is working with one of Tajikistan's oldest and biggest banks, Orienbank, to build a Central Bank Digital Currency (CBDC) for the Republic of Tajikistan. For the creation of E-SOM, the digitized version of the Tajikistani Somoni, the Foundation has signed a Memorandum of Understanding (MoU) with the bank. дальше »

2021-9-29 19:58


Bank of International Settlements’ (BIS) Partners With Multiple Central Banks to Test Cross-Border CBDC Infrastructure

The race to launch a central bank digital currency (CBDC) is still on as several developed countries are working tirelessly to look into the effects of currency digitization. But, while some countries are taking the individual approach, there has also been a growth in collaborations towards this objective. дальше »

2021-9-2 16:28


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UAE Central Bank’s 2023-2026 Roadmap Mentions CBDC Launch

The UAE Central Bank is getting serious about the launch of its digital currency. UAE Central Banks’ Ambitious Goals The Central Bank of the United Arab Emirates (UAE) has disclosed its roadmap for 2023-2026 which, among other milestones, includes the launch of a central bank digital currency (CBDC), a report by Gulf News confirms. ThereRead More дальше »

2021-7-13 13:00