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What does the BIS's report on CBDC development in Africa say?
The Bank for International Settlements (BIS) has conducted a survey of nineteen central banks from Africa. In doing so, it took a closer look at the development of central bank digital currencies (CBDThe post What does the BIS's report on CBDC development in Africa say? appeared first on AMBCrypto. дальше »
2022-11-26 17:30 | |
Biden’s Executive Order Isn’t All Positive For The Crypto Industry — A Look At The Downsides
Biden's executive order urged various federal agencies to carry out studies on the nascent market, considering the potential benefits and risks to consumers as well as placing urgency on CBDC development. дальше »
2022-3-13 19:43 | |
Lithosphere Blockchain to Partner with Central Bank of Brazil to Launch Digital Real CBDC Trial, Launches Lithosphere (LITHO) IEO
Brazil is the latest country to look at digital currency as legal tender. The Lithosphere cryptocurrency platform developed by KaJ Labs, a Seattle blockchain firm, initiated discussions with... дальше »
2021-11-4 15:09 | |
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 | |
Brazil prez meets with Brian Brooks and Circle to discuss possible CBDC
Brazil’s interest in the crypto space does not look like abating anytime soon as the President of the central bank of the country, Roberto Campos Neto, recently held a video conference call with two key figures in the crypto space regarding the rollout of a potential Central Bank Digital Currency (CBDC) in the country. дальше »
2021-8-18 19:00 | |
New Zealand's Reserve Bank consulting public on a potential CBDC
The Reserve Bank of New Zealand will look at the potential for a CBDC “to work alongside cash as government-backed money,” and assess the issues around the emergence of crypto assets such as stablecoins. дальше »
2021-7-8 06:23 | |
India's CBDC plan: Here's the how, when and why
India has had an interesting few months on the crypto front. Look at WazirX's journey - the largest Indian crypto exchange went live just three weeks before the Reserve Bank of India issued its ban onThe post India's CBDC plan: Here's the how, when and why appeared first on AMBCrypto. дальше »
2021-6-20 08:00 | |
Bank Of England And HM Treasury Launch CBDC Task Force to Evaluate Opportunities & Risks
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. дальше »
2021-4-20 20:24 | |
Reserve Bank of Australia Considers Use of Digital Currency Powered by the Ethereum Blockchain
The Australian central bank is considering the use of a Central Bank Digital Currency (CBDC) to be launched on the Ethereum Blockchain. The bank is already working on a project in collaboration with the Commonwealth Bank, National Australia Bank, Perpetual, and blockchain technology company ConsenSys to look into the use of a CBDC based on […] дальше »
2020-11-3 17:28 | |
Reserve Bank of New Zealand Giving CBDCs a Hard Look
The debate surrounding the issuance of central bank digital currencies (CBDC) continues to catch attention worldwide. While some countries have been a bit coy, others like China have made no secret of their CBDC plans. дальше »
2020-10-19 14:44 | |
Estonia’s Central Bank is the Latest to Launch a CBDC Research Initiative
Estonia’s Central Bank, Eesti Pank, is the latest monetary authority to debut research into the potential of CBDCs within its jurisdiction. The bank announced on October 2 that it had launched a research program that will look further into the building and deploying a CBDC for Estonians. дальше »
2020-10-5 18:06 | |
Brazilian Central Bank Task Force To Study CBDC Issuance and Impact
The Central Bank of Brazil on 21st August announced that it will be setting up a world-wide study group to research the issuance of central bank digital currencies (CBDC). The central bank, in its official statement, noted the growing impact and adoption of digital assets, especially CBDCs. дальше »
2020-8-26 21:34 | |
Philippines Central Bank Becomes the Latest to Consider Issuing a CBDC
The Philippine central bank has confirmed in a virtual briefing that it has formed a committee to look into issuing a digital currency. дальше »
2020-7-30 18:58 | |
The Central Bank of the Philippines Set to Conduct CBDC Trial Run
The central bank of the Philippines is looking into issuing and implementing a central bank digital currency (CBDC). The Bangko Sentral ng Pilipinas (BSP) has created a team of experts to look into the feasibility and policy implications of issuing a CBDC. дальше »
2020-7-29 15:45 | |
Blockchain Bites: DiDi to Trial the Digital Yuan and a Look at Chainlink’s Gains
The "Chinese Uber" will join the nations CBDC project, TikTok threw Dogecoin a treat and Nexo tapped Chainlink. дальше »
2020-7-9 19:05 | |
South Korea Set Up Committee to Study Regulatory Obstacles for Potential CBDC Project
South Korea’s central bank, the Bank of Korea (BOK) has set up a legal advisory committee that will look into any possible regulatory roadblocks when issuing its planned central bank digital currency (CBDC). дальше »
2020-6-16 19:07 | |
What consumer-need can a CBDC address?
The digitalization fever, driven by technological advancements and decline in cash usage, has caught the central banks around the globe as they now look to cautiously approach and explore the use caseThe post What consumer-need can a CBDC address? appeared first on AMBCrypto. дальше »
2020-3-2 13:30 | |
Digital Yen: Japan May Launch CBDC in Three Years
A senior lawmaker of Japan’s ruling party has advised the government to include plans for its central bank digital currency (CBDC) in its mid-year policy guidelines and look to launch its digital yen in two to three years. дальше »
2020-2-10 16:00 | |
Facebook’s Libra Stablecoin Put Central Banks On Notice, Causing Bankers To Look Into CBDC’s
A former Executive of the Bank of Japan (BOJ) has said that Facebook’s Libra prompted Central Banks to invest more resources in Digital Currency research sooner than expected. According to a report by Reuters on Jan 22, Hiromi Yamaoka, a former head of settlements and payments at the BOJ, noted that regulators might have done […] дальше »
2020-1-23 21:22 | |
Libra, China's CBDC may test separation of money and state
Venture capital firm Blockchain Capital recently published its State of Crypto 2019 report, with a section of the publication giving an in-depth look into CBDCs, Libra, and the state of cryptocurrencyThe post Libra, China's CBDC may test separation of money and state appeared first on AMBCrypto. дальше »
2019-12-13 14:30 | |
Bitcoin proponent talks about dangers of centralized cryptocurrencies
From banning Bitcoin [BTC] and other cryptocurrencies to launching its own digital currency, China’s recent developments have prompted policymakers across the globe to take a second look at cryptocurrencies. дальше »
2019-10-14 21:33 | |
Former FDIC Chair Called Out Subprime Mortgages Ahead of Issues; Now Tells FED To Look At CBDC’s
Members of the US Congress the French Hill (R-Arkansas) and Bill Foster (D-Illinois) have recommended the Federal Reserve regarding issuing a digital version of the US dollar. In a letter addressed to the Fed, they highlighted that the country’s currency is in long term danger due to the acceptance of digital fiat currency. Sheila Bair, […] дальше »
2019-10-7 21:59 | |
China’s Crypto Could Become a Global Reserve Currency: Circle CEO
Circle CEO Jeremy Allaire believes that China's developing "cryptocurrency" could propel the yuan to worldwide renown as a global reserve currency. Speaking to CNBC's Squawk Box, Allaire highlighted the budding prospects of the central bank digital currency (CBDC), suggesting that it could act as the "mechanism" for worldwide adoption of the yuan. дальше »
2019-9-14 20:39 | |
Detailed Analysis of China’s Central Bank Digital Currency
Earlier this month, China publicly confirmed that they have been working on a central bank digital currency (CBDC) and will look to roll out it sometime this year. Binance Research published a detailed review of the structure and issuance mechanism for the network and the underlying currency, August 28, 2019. дальше »
2019-8-29 13:00 | |
Indian Crypto Companies Are Now Helping Thailand’s Banks Instead
Indian tech multinational, Wipro, has developed a blockchain-based solution for banks in Thailand to settle dues. This comes as Indian government and banking authorities look to enact a blanket ban on all non-state-issued cryptocurrencies back home. дальше »
2019-5-8 21:00 | |