2020-11-11 08:03 |
The United Kingdom has announced forthcoming regulatory proposals for stablecoins and ongoing research into CBDC.
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Employing Ethereum-powered distributed ledger technology (DLT), the Reserve Bank of Australia (RBA) is forging new alliances to push the development of its own CBDC. On Nov. 2, 2020, the RBA announced that it would combine the efforts of the Commonwealth Bank, National Australia Bank, ConsenSys, and Perpetual to develop Australian digital currency.
2020-11-2 21:09 | |
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The upcoming range of Huawei smartphones will have digital yuan wallets, the phone manufacturer has announced on Oct 30. Mate 40 Smartphones Have Digital Yuan Wallets Through its Weibo channel, the Shenzhen-based tech giant said the central bank-backed currency (CBDC) wallet on their Mate 40 series will be secure, private, and support offline transactions.
2020-11-1 00:00 | |
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The governor of the Bank of Canada (BoC) has announced that his country’s digital currency initiative is making progress. In an interview with Reuters published on Wednesday, October 28, chief of the Canadian central bank, Tiff Macklem, said the BoC is working with some G7 member states on its plans for a national digital currency.
2020-10-30 19:00 | |
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Cambodia has announced the launch of its long-awaited blockchain-based digital currency program called “Bakong. ” While Bakong was backed by the National Bank of Cambodia (NBC), it’s different from a typical Central Bank Digital Currency (CBDC) in that it wasn’t issued by the NBC.
2020-10-30 17:42 | |
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Blockchain technology firm ConsenSys has announced today that it is working with French multinational investment bank and financial services company Societe Generale or SocGen-Forge on central bank diThe post ConsenSys to work with SocGen-Forge on CBDC pilot project appeared first on AMBCrypto.
2020-10-28 18:15 | |
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The Central Bank of the Bahamas has officially launched a national digital currency. Minted by the country’s monetary authority, the launch of the Caribean island nation’s new central bank digital currency (CBDC) was announced via Twitter on Tuesday.
2020-10-22 21:45 | |
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In late September, the Bahamas announced that it would officially launch its central bank digital currency known as the “Sand dollar” this month. According to reports, the country’s central bank is planning to make the CBDC interoperable on a global scale.
2020-10-18 00:20 | |
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The Central Bank of South Korea has announced that it will commence the distribution phase of its CBDC next year, marking the final stretch of the 22-month scheduled initiative. First reported by the Korea Herald, the Bank of Korea (BOK) intends to run the distribution of its blockchain-based CBDC up to December 2021.
2020-10-8 19:33 | |
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South Korea’s central bank, Bank of Korea (BOK) which had earlier established a central bank digital currency (CBDC) pilot program, has now announced that it planned to speed up the process by startThe post Bank of Korea to begin testing CBDC appeared first on AMBCrypto.
2020-10-8 19:22 | |
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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.
2020-10-5 18:06 | |
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Blockchain tech company ConsenSys announced that it would work on the second phase of ‘Project Inthanon-LionRock,’ which will allow the firm to design a proof-of-concept for CBDCs. This project waThe post Hong Kong Monetary Authority wants ConsenSys to develop technology for CBDC appeared first on AMBCrypto.
2020-9-26 19:30 | |
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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.
2020-9-21 17:37 | |
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The Bahamas are on the verge of becoming the first nation in the world to introduce a state-backed digital currency. The Bahamas Central Bank announced that it would issue a central bank-backed cryptocurrency (CBDC) next month.
2020-9-18 21:46 | |
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The Bahamas has announced a Central Bank Digital Currency (CBDC), dubbed the “Sand Dollar. ” If the Sand Dollar launches next month as planned, The Bahamas will become the first nation to roll out a centralized digital currency nationwide.
2020-9-17 20:38 | |
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A DBS Bank economist thinks the coronavirus pandemic will accelerate digital asset adoption while Mastercard announced a CBDC testing ground.
2020-9-10 19:22 | |
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Brazil Central Bank President, Roberto de Oliveira Campos Neto, announced that plans to have a digital currency by 2022. In an interview with Bloomberg Markets’ Editor, Erik Schatzker, Neto said thaThe post Brazil's central bank president says CBDC will be ready by 2022 appeared first on AMBCrypto.
2020-9-4 19:00 | |
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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.
2020-8-26 21:34 | |
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Ever since China has announced its CBDC, the world has been keeping a close eye on the country’s updates regarding the coin. There is still no news regarding the exact launch date, however, China did reveal one thing, and that is that it plans to use its CBDC during the Winter Olympic Games in 2022.
2020-8-26 14:01 | |
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The central bank of Japan has appointed a senior economist to lead the department overseeing central bank digital currencies (CBDCs). The Bank of Japan (BOJ) announced on Friday that senior bank official Kazushige Kamiyama will now be heading the payments and settlement department and managing CBDC research, Reuters reported.
2020-7-31 12:02 | |
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Coinspeaker Bank of Japan Announced New Team to Continue Research on CBDC but Has No Plans to Launch It NowMasayoshi Amamiya, the Bank of Japan executive governor, said that a CBDC may play a central role in interoperability between many emerging digital assets in the country.
2020-7-21 17:26 | |
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Bank of Japan has announced the launch of a new CBDC research team, which will continue the work of its previous CBDC research team.
2020-7-21 12:20 | |
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The Bank of Thailand (BOT) announced Wednesday that is has entered third-phase development of its central bank digital currency (CBDC). BOT is planning to expand the use of the CBDC among large businesses.
2020-7-17 12:40 | |
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The Bank of Japan (BOJ), the 138-year old Japanese central bank, has announced plans to carry out a technical feasibility study for its central bank digital currency (CBDC). The bank says it intends to carry out a proof of concept (PoC), while also collaborating with other central banks and relevant agencies to reach the bestRead MoreRead More.
2020-7-4 21:00 | |
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The Bank of Japan announced on Thursday that it would experiment with a CBDC to check its feasibility from a technical perspective.
2020-7-4 09:12 | |
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The Bank of Thailand (BOT) recently announced that it is developing a prototype payments system that would rely on a central bank digital currency (CBDC) to facilitate payments. This new project extends the BOT proofs-of-concept using Corda and Hyperledger.
2020-6-23 18:00 | |
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Thailand's Central Bank (BoT) has announced that it will roll out a prototype for digital currency payments within the country's business ecosystems. The initiative will be based on an ongoing CBDC project dubbed ‘Inthanon, ‘ which kicked off two years ago in collaboration with Thai's leading financial institutions.
2020-6-20 19:54 | |
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France’s central bank, the Banque de France on May 20, 2020, announced that it had successfully completed a trial test of the digital euro based on blockchain technology. Notably, the central bank digital currency (CBDC) test conducted by Banque de France was executed with major French multinational investment bank Societe Generale (SocGen).
2020-5-21 19:00 | |
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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.
2020-4-20 15:00 | |
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BTC Markets, the largest, most liquid Australian bitcoin exchange with 260,000 Australian customers trading more than AU$8 billion, today announced the appointment of Caroline Bowler as CEO. Interest is growing in the sector with the recent Reserve Bank of Australia announcement on their simulated trials of a Central Bank Digital Currency (CBDC).
2020-1-29 12:54 | |
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Central Bank Digital Currencies [CBDC] have started to gain a lot of momentum ever since Facebook announced its plans for Libra last month. The latest development on the subject is news of the centralThe post Monero will continue beating the drum of improving privacy appeared first on AMBCrypto.
2020-1-22 16:30 | |
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People’s Bank of China has announced the realization of the top-layer design and joint testing of the planned digital yuan
2020-1-11 18:02 | |
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The Swedish central bank announced that Accenture, an Irish-domiciled multinational professional services company, will be its technology partner to create a pilot platform for a central bank digital currency (CBDC) known as the e-krona.
2019-12-17 12:00 | |
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Tunisia has announced the launch of its digital currency, the ‘E-dinar. ’ With this, the tiny North African country claims to be the first country to launch a central bank digital currency (CBDC).
2019-11-10 12:55 | |
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The blockchain and cryptocurrency ecosystem was taken by surprise when the Chinese President, Xi Jinping, publicly announced that blockchain technology was going to play an instrumental role in terms The post China's CBDC may affect dollar's global reserve currency status: Kraken CEO appeared first on AMBCrypto.
2019-11-7 22:30 | |
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At Counsellors Limited’s Exuma Business Outlook event on October 25, Governor of the Central Bank of The Bahamas, John Rolle, announced that it would be considering early experimentation with Project Sand Dollar, the Bahamas’ CBDC project, in the Abaco islands.
2019-10-26 14:00 | |
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Coinspeaker PBOC’s Digital Currency Nearly Ready After 5 Years of DevelopmentA senior official of China's central bank announced at the China Finance 40 Group meeting that the country will soon roll out its central bank digital currency (CBDC).
2019-8-12 16:54 | |
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CryptoNinjas The Eastern Caribbean Central Bank (ECCB) and the Barbados-based fintech company, Bitt, have announced the signing of a contract to conduct a blockchain-issued Central Bank Digital Currency (CBDC) pilot within the Eastern Caribbean Currency Union (ECCU).
2019-3-7 04:46 | |
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The Eastern Caribbean Central Bank (ECCB) https://www.eccb-centralbank.org, the central bank for the Eastern Caribbean dollar, has announced its set to launch a pilot for a distributed ledger technology (DLT) powered central bank digital currency and could proceed to adopt it as a legal tender in 2020 if all goes as planned, according to reports on […]
2019-3-6 23:19 | |
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According to the Indian news outlet the Hindu Business Line, the Reserve Bank of India (RBI) is pausing its plans to create a national cryptocurrency. Back in 2018, the central bank of India announced that it was analyzing the possibility of launching a central bank digital currency (CBDC). At that time, the bank created a […]
2019-1-2 17:44 | |
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The trial should analyze e-krona technical issues, and whether the CBDC can meet several characteristics including scalability and security, the country’s central bank announced.
2018-10-31 23:21 | |
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South Korea’s central bank has announced that it does not plan to launch its own digital currency over fears it could destabilize the economy. According to The Korea Times on Monday, the BoK said that issuing a central bank digital currency (CBDC) could pose a “moral hazard” by adversely affecting monetary policy and its implementation, and possibly
2018-6-19 23:06 | |
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Senator Kempis’ draft bill calls for a central bank digital currency to be legal tender in Mexico and claims state intervention is native to human rights.
A future powered by digital assets is assured as governments around the world look to technology for economic progress.
Soramitsu, the firm that helped build Cambodia’s Bakong digital payments system, will work with the Laos government to research what a Laotian CBDC might look like.
OKEx, Crypto.com, and LocalBitcoins have integrated Brazil’s PIX instant payments system.
Georgia's central bank has invited fintech firms and others to participate in the CBDC project.
The Bank of England (BoE) and Her Majesty’s Treasury (HM Treasury) have jointly created a task force for the UK’s proposed central bank digital currency (CBDC) project. Taskforce to Explore Modalities for UK’s CBDC In a press release published on Monday (April 19, 2021), the BoE and the HM Treasury instituted a Taskforce that wouldRead More
Deputy Governor Jon Cunliffe says protecting bank business models is not BoE's responsibility.