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ECB’s President ‘Hunch’ is EU Might Push Forward with CBDC Plans; Decision to be made in January, 2021
European Central Bank (ECB) president, Christine Lagarde, said on Thursday that the EU would make its decision on whether to pursue a digital euro in January 2021. This comes as more jurisdictions pay closer attention to Central Bank Digital Currencies, given the accelerated paradigm shift to virtual payment networks amidst the COVID-19 pandemic. дальше »
2020-11-14 23:32 | |
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Великобритания задумалась над регулированием стейблкоинов и выпуском CBDC
Министерство финансов Великобритании разработает предложения по регулированию стейблкоинов и проведет исследование в области цифровых валют центробанков (CBDC). We’ll publish a consultation to ensure new privately-issued currencies, stablecoins, meet the high standards we expect of other payment methods. дальше »
2020-11-10 11:34 | |
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Norway: No Urgent Need to Create a CBDC Despite Current Global Hype
A top official of Norway’s central bank stated that while the country is investigating a possible central bank digital currency (CBDC), there was no “acute need” for a digital krone. Cash Usage Decline Prompts CBDC research Speaking at Norway’s Payment Conference, Ida Wolden Bache, the deputy governor of the Norges Bank stated that the centralRead MoreRead More. дальше »
2020-11-10 00:00 | |
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China: CBDC Tests Crosses $300M Payment Milestone from 4M Transactions
China’s expanded central bank digital currency (CBDC) development has reached a new milestone of 2 billion yuan in total payments processed despite still being in the testing phase. With a few countries having released their own sovereign digital currencies, stakeholders are calling for more international collaboration on CBDCs. дальше »
2020-11-3 18:00 | |
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$1.3M in Chinese Digital Yuan Were Spent In The Largest DCEP Test Run in Shenzhen Province
China is on the verge of completing trials and pilot programs for its national digital currency for the Yuan, which they are calling DCEP. The CBDC, which has been under development for over half a decade, is currently being put to the test through various government subsidies and as a form of payment in selected […] The post . дальше »
2020-10-22 21:56 | |
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ConsenSys to Work on PoC for CBDC with Hong Kong Monetary Authority
ConsenSys has shared on Sept. 25, that it was awarded a cross-border payment network study project by the Hong Kong Monetary Authority (HKMA). The project involves the development of a technology for a central bank digital currency (CBDC) cross-border payment network, which actually serves as the second implementation phase of the Project Inthanon-LionRock. дальше »
2020-9-25 18:24 | |
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Interoperability Will Determine CBDC Winners and Losers
As Congress debates the potential of a second coronavirus stimulus bill, 9 million Americans are still waiting for their first $1,200 payment check to arrive in the mail. The inability of our existing financial infrastructure to respond quickly and effectively to an emergency like COVID-19 has prompted fresh debate about how innovations like digital currencies … Continued The post Interoperability Will Determine CBDC Winners and Losers appeared first on Ripple. дальше »
2020-9-25 20:59 | |
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US Fed’s CBDC research progresses, here are the results so far
Over a month ago, in mid-August, the US Fed revealed that it is researching the possibility of a digital dollar, and how its own CBDC might modernize the country’s payment sector. Now, in the second half of September, the research seems to has seen progress, and the Federal Reserve Bank has revealed some details about it. дальше »
2020-9-25 13:01 | |
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China Should Seize the ‘First Mover’ Advantages of Launching A CBDC: PBoC
China should aim at becoming the first country to issue digital currency as part of its efforts to internationalize the yuan and lessen its over-dependence on the world’s dollar-dominated payment system, the People’s Bank of China (Chinese central bank) said. дальше »
2020-9-22 19:38 | |
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Chinese Central Bank Calls Digital Currency Competition a ‘New Battlefield’
If recent events are any indicator, the race for central bank digital currencies (CBDC) appears to be heating up. In August, trials of China’s digital currency electronic payment pilot were announced in 27 cities across the country. дальше »
2020-9-21 17:37 | |
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Mastercard Launches a Customizable CBDC Testing Platform
Mastercard, one of the world’s largest payment network processors, has launched a customizable central bank digital currencies (CBDC) testing platform for banks to access and explore digital currencies as part of their drive to help modernize payment systems according to a press release on Sep 9. дальше »
2020-9-10 15:00 | |
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Mastercard Extends Helps to Central Banks, Unveils Platform to Test National Digital Currencies
Coinspeaker Mastercard Extends Helps to Central Banks, Unveils Platform to Test National Digital CurrenciesMastercard's CBDC testing platform helps global central banks to simulate different use-cases and test roll-out strategies between commercial banks and other payment services providers. дальше »
2020-9-10 11:43 | |
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Brazil Fast Tracks CBDC Launch; Central Bank President Calls for Roll Out In Next Two Years
Speaking at a Bloomberg-sponsored event, Roberto Campos Neto, president of the Banco Central, praised digital currency payment systems as the future of financial systems claiming the country is in the pipeline of launching their CBDC in the coming two years. дальше »
2020-9-4 17:27 | |
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China’s DCEP Trials Restricted to Micro-Transactions, Says Central Bank
China’s central bank has denied rumors of its planned digital currency electronic payment (DCEP) system being used for large value transactions. The People’s Bank of China (PBoC), is currently coordinating central bank digital currency (CBDC) trials across several cities in the country. дальше »
2020-8-25 19:22 | |
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China CBDC Trials Coming to Beijing and 27 Other Cities
China’s accelerated central bank digital currency (CBDC) plans are set to reach another milestone with tests scheduled for Beijing and 27 cities in the country. These new digital currency electronic payment (DCEP) trials will join other public pilots already ongoing in cities like Shenzhen and Suzhou. дальше »
2020-8-15 17:34 | |
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China’s Digital Currency Targets Alipay and WeChat Pay
China is dedicated to becoming the first country to roll out a central bank digital currency (CBDC). Its Digital Currency Electronic Payment (DCEP) system aims to replace all physical currency in the country, including coinage. дальше »
2020-8-5 19:05 | |
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Bank of Japan Accelerates its Digital Currency Research With New CBDC Division
The Bank of Japan on Monday revealed that it has set up a new division to accelerate the study of digital currency issuance, reported Mainichi. The research study division would now comprise of 10 individuals headed by Akio Okun, one of the seniors of the Payment and Settlement Systems Department under which the new division […] дальше »
2020-7-20 16:16 | |
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Chinese Central Bank Partners with E-commerce Giant for CBDC Test
Chinese food delivery and e-commerce giant Meituan Dianping is the latest establishment to trial China’s digital currency electronic payment (DCEP) project; the country’s planned central bank digital currency (CBDC). дальше »
2020-7-15 19:00 | |
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China’s CBDC Adoption Plan Puts Domestic Monetary Control at Forefront
China’s planned CBDC rollout is expected to see the digital yuan dovetailing with the country’s electronic payment systems.
дальше »2020-6-23 14:00 | |
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Cambodia’s Central Bank Rolls Out Blockchain Payment System Whitepaper; It’s Not A CBDC
After three years of development, the Cambodian national digital currency may be out later this month, according to a recently released whitepaper. The permissioned blockchain-based payments system differs from the central bank digital currencies, also known as CBDCs, being offered by several states, including China and Russia, the paper states. дальше »
2020-6-22 21:04 | |
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China CBDC Leak Shows Alleged Video of RMB to Digital Yuan Conversion
A leaked video has reportedly emerged in China showing the conversion of renminbi (RMB) into digital yuan for use in the country’s proposed digital currency electronic payment (DC/EP) project. According to a tweet by Chinese crypto news outlet 8BTCNews, the video appeared on WeChat. дальше »
2020-5-30 13:22 | |
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China: CBDC Issuance Could Be Fast-Tracked for COVID-19 Stimulus Payments
China’s planned digital currency electronic payment (DCEP) project may be accelerated to have the central bank digital currency (CBDC) available for COVID-19 stimulus package payments. The news is the latest in a string of government-led actions aimed at advancing the adoption of blockchain technology in the country. дальше »
2020-5-27 23:00 | |
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China’s Digital Yuan Sets the Country on Track for Tokenomics Dominance
As the world emerges from lockdown, China is already several steps ahead in the roll-out of a Central Bank Digital Currency (CBDC). The Asian giant spearheaded its digital Yuan back in April and is now integrating the PBoC backed asset into China's existing payment networks. дальше »
2020-5-26 18:27 | |
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Why are Central Banks Interested in Digital Currency
A retail Central Bank Digital Currency (CBDC) would be a digital and universally accessible form of money issued by central banks. Objectives= anticipate the disappearance of cash, create efficient means of payment, and strengthen regulatory controls. дальше »
2020-5-7 14:00 | |
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China's DCEP might be a tiered system with financial intermediaries
The Central Bank Digital Currency has been introduced by many nations across the world. China's CBDC, also known as Digital Currency/Electronic Payment [DCEP], was announced to be launched in 2020 andThe post China's DCEP might be a tiered system with financial intermediaries appeared first on AMBCrypto. дальше »
2020-4-20 15:00 | |
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Govt’s May Accelerate Digital Payment And CBDC Research Due to COVID-19: Bank of International Statements (BIS)
Bank of International Statements (BIS) recently released a research report on the effect of the COVID-19 pandemic to the overall payment system. According to the research, the virus is causing fear and uncertainty as physical cash sees a dip in usage in favor of digital payments. дальше »
2020-4-5 16:28 | |
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BIS Latest Report Discusses How Payment Are Evolving With Tokenization and CBDC’s
Bank of International Settlements (BIS) researchers focusing on the payments’ future, reveals their latest quarterly report released on Sunday. The paper has 138 pages and looks at what’s on the horizon in the financial sector, especially since tokenization, central bank digital currencies (CBDCs) and cross-border payments are starting to be more and more in trend. […] дальше »
2020-3-3 01:48 | |
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China’s CBDC Research Delayed Due To Coronavirus Outbreak; Will It Launch In 2020?
According to local media, Global Times, a reliable government resource has confirmed that the planned launch of its digital currency electronic payment (DCEP) will not launch in the first quarter of 2020 due to the spread of CoronaVirus. дальше »
2020-2-26 17:24 | |
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People’s Bank of China Has Filed 84 Digital Payment Patents For CBDC’s: Report
According to the Chamber of Digital Commerce, China has filed 84 patents for the digital yuan, its new upcoming digital currency. The patents date to 2017 and are credited to the People’s Bank of China’s (PBoC) Digital Currency Institute. дальше »
2020-2-14 00:55 | |
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ЦБ Китая подал 84 патента для ускорения запуска CBDC
Народный банк Китая для ускорения запуска собственной платежной системы и цифровой валюты под названием DCEP (Digital Currency Electronic Payment) подал 84 патентные заявки на различные технологии, связанные с инициативой. дальше »
2020-2-13 15:00 | |
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Cambodia to Launch Digital Currency with Support of 11 Banks
Two years after reports of a Cambodian cryptocurrency, the country is set to launch a central bank digital currency (CBDC) payment system. Project Bakong to Feature Centralized Digital Currency According to Cambodian daily Phnom Penh Post, the country’s central bank is set to roll out “Project Bakong,” a blockchain-powered money transfer platform that features a CBDC. дальше »
2020-1-31 17:00 | |
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Germany: Central Bank Urges Europe To Strengthen Banking System Over CBDC Route
Jan Weidmann, the President of the Bundesbank, holds some very unique thoughts on the topic of money, digitization, and the network effect of payment services. Speaking with Handelsblatt, he offers his perspective on opposing Libra, which is centered around a market-oriented approach rather than endorsing the launch of a state-backed competitor such as a digital euro, JanuaryRead MoreRead More. дальше »
2020-1-4 02:00 | |
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A possible privacy CBDC
CoinMarketCap Daily Newsletter Your daily newsletter for 18 December, 2019 “Never assume the obvious is true.” - William Safire In today's newsletter, we will be covering: Stanford University funding blockchain startup touted as the 'Microsoft for blockchain' ECB believes that a private payment […] The post A possible privacy CBDC appeared first on CoinMarketCap. дальше »
2019-12-25 15:00 | |
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Bank of International Settlements General Manager Now Says CBDCs Could Open New Opportunity
Agustin Carstens, the General Manager of Bank of International Settlement (BIS) who earlier believed Central Bank issued Digital currencies (CBDCs) were no good, has changed his stance. In his recent speech titled “The future of money and the payment system: what role for central banks?” Carstens seemed to emphasize that CBDC's could open the gates […] дальше »
2019-12-8 23:25 | |
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ECB may launch CBDC if it fails to develop efficient payment solution
From viewing global stablecoins as a threat to considering the launch of a central bank digital currency, the European Central Bank [ECB] has come a long way. In a recent document titled, "Innovation The post ECB may launch CBDC if it fails to develop efficient payment solution appeared first on AMBCrypto. дальше »
2019-12-5 07:42 | |
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IBM: Central Banks Will Launch Digital Currencies Within 5 Years
Under the fear of potentially losing monetary control, several central banks are focusing on developing and issuing a cryptocurrency. Indeed, according to an IBM-commissioned report, a central bank digital currency (CBDC) could be ready for consumers’ use within the next 5 years. дальше »
2019-11-13 20:43 | |
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Chinese Fintech Stock is Rising in Anticipation of PBoC’s Digital Currency
Coinspeaker Chinese Fintech Stock is Rising in Anticipation of PBoC’s Digital CurrencyChina’s fintech stocks are starting to soar ahead of the expected launch if its CBDC. This is driven by the possibility that the digital currency will provide a need for security and payment services. дальше »
2019-9-27 17:00 | |
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China Ready to Roll out State-Backed Digital Currency
According to an announcement from an official for the People’s Bank of China (PBOC), the country is nearly ready to unveil its new central bank digital currency (CBDC). Centralized Crypto-Currencies There’s been much talk recently in the Bitcoin space about digital payment technology getting picked up by centralized powers. дальше »
2019-8-12 21:42 | |
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Singapore, UK And Canada’s Joint Report Reveals Central Bank Digital Currency (CBDC) Payment Benefits
According to a brand new in depth report taken up and jointly published by the collective central banks of Canada, the United Kingdom and Singapore on November 15th, shed some profound light on the impact that Central bank Digital Currencies would have on interbank payments and transactions. According to the report, CDBC's would help improve […] дальше »
2018-12-4 11:48 | |
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