2023-5-26 22:00 |
The Bank for International Settlements has published the fifth paper by the group, highlighting its latest thinking on a potential retail CBDC. origin »
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India’s largest retail chain Reliance Retail has begun accepting payments in the country’s Central Bank Digital Currency (CBDC), TechCrunch reported. The post Indian retail giant to accept CBDC payments for goods appeared first on CryptoSlate.
2023-2-2 16:30 | |
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The Retail CBDC will be tested in a limited retail environment with 10,000 participants and three major banks.
2022-8-6 12:29 | |
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The competition is designed to find innovative retail CBDC solutions that increase efficiencies and… The post MAS, IMF and World Bank launch global retail CBDC challenge appeared first on Coin Journal.
2021-6-29 14:06 | |
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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 | |
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The Monetary Authority of Singapore (MAS) announced the launch of a global challenge for retail central bank digital currencies (CBDCs). The post Singapore Monetary Authority Announces Global CBDC Challenge appeared first on BeInCrypto.
2021-6-28 20:30 | |
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The Monetary Authority of Singapore is seeking new retail CBDC solutions with a new global challenge offering cash prizes and expert digital currency mentorship.
2021-6-29 18:00 | |
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The Hong Kong Monetary Authority (HKMA) announced it is working on developments for a central bank digital currency (CBDC) at both the wholesale and retail levels. The post Hong Kong Monetary Authority Announces Development Plans for Retail and Wholesale CBDCs appeared first on BeInCrypto.
2021-6-8 16:35 | |
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Sweden will trial its CBDC with a live banking participant. The experimentation will involve participation between Riksbank and Handelsbanken, a retail bank chain based in Sweden.
2021-5-28 18:30 | |
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It seems like the South African Reserve Bank (SARB) now understands the importance of digital currencies alongside traditional fiat currency. Recently, the South African Reserve Bank (SARB) has announced the start of a feasibility study for a retail central bank digital currency (CBDC).
2021-5-28 13:00 | |
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The South African Reserve Bank (SARB) says it has commenced a feasibility study for a general-purpose retail central bank digital currency (CBDC). The study, which the SARB expects to conclude in 2022, will focus on the issuance of a domestic CBDC that can be used by consumers in South Africa for general retail purposes. Study […]
2021-5-27 08:30 | |
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The SARB notes that the CBDC may serve as electronic digital tender, complementary to cash, for general purpose retail use. The post South Africa Now Considering Both Retail and Wholesale CBDC appeared first on BeInCrypto.
2021-5-26 16:30 | |
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The South African Reserve Bank has begun exploratory studies on central bank digital currencies.
2021-5-26 16:30 | |
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Retail CBDCs are more advanced in emerging economies, according to the Global CBDC Index 2021 from global consultancy firm PricewaterhouseCoopers. The post Retail CBDC Projects More Advanced in Emerging Economies, Report appeared first on BeInCrypto.
2021-4-29 22:50 | |
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Continue reading at Coinspeaker
2021-4-20 12:31 | |
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Thailand’s digital currency project is progressing swiftly and the Bank of Thailand, the country’s central bank, is readying to start pilot tests in the second quarter of 2022. Thailand’s CBDC will be retail; meaning it will be for use by the general public.
2021-4-3 21:54 | |
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The Kenyan central bank is having serious discussions with international players about pursuing a retail central bank digital currency, a top official said Monday. Patrick Njoroge, governor at the Central Bank of Kenya (CBK) told U.
2020-10-27 22:46 | |
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A retail CBDC or an indirect one? Synthetic? An API approach? How central banks implement digital currencies will have seismic implications.
2020-10-26 18:55 | |
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Australia’s central bank is not buying into the growing call among several countries to float their own central bank digital currency (CBDC). With China already bootstrapping adoption of its digital yuan to millions of citizens, other countries are moving ahead to test their own experimental CBDCs.
2020-10-14 18:30 | |
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The Australian central bank does not see a strong case for issuing a retail central bank digital currency, its head of payments policy said.
2020-10-14 06:59 | |
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Chinese authorities in Shenzhen are giving away $1.5 mln in DCEP vouchers to continue trials with retail users
2020-10-9 11:02 | |
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China’s central bank has stated that the trial of its developing central bank digital currency (CBDC) is currently limited to retail transactions, as against claims stating that the digital yuan was used for large transactions.
2020-8-24 23:07 | |
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China appears to be in the final phases of testing its CBDC, digital yuan. The country recently expanded the tests to new cities, and its central bank revealed that the coin is only used for small retail transactions at this time.
2020-8-25 14:43 | |
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Retail interest in Chainlink is booming, Ethereum may follow Cosmos on its path to upgrade and the U.K. central bank is mulling a CBDC.
2020-7-15 19:28 | |
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The Consensus 2020 crypto event has officially started, and for the first time, as a completely virtual conference due to COVID-19 at which the European Central Bank (ECB) was the main attraction, with Yves Mersch as its legal official and first speaker.
2020-5-12 22:11 | |
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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.
2020-5-7 14:00 | |
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While cryptocurrencies like Bitcoin have existed for over a decade now and have inspired highly polarizing views regarding their disruptive capabilities, Central Bank Digital Currencies (CBDC) are nowThe post CBDCs, once deployed, may test Federal Reserve's retail banking capability appeared first on AMBCrypto.
2020-4-2 19:30 | |
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Europe's central bankers have developed an "anonymity voucher" to give prospective CBDC users limited privacy in their retail transactions.
2019-12-18 20:45 | |
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China has been working on its centrally-backed digital currency for quite a while now, while also maintaining its distance from other cryptocurrencies. The country is in the news again after on 26 NovThe post China will implement retail system-based CBDC: Former PBoC Governor appeared first on AMBCrypto.
2019-11-26 16:10 | |
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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.
2019-11-13 20:43 | |
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Coinspeaker PBOC’s Cryptocurrency is Meant to Complement China’s Current FiatPeople’s Bank of China (PBOC) central bank digital currency (CBDC) will allegedly be backed 1:1 by renminbi fiat as well as follow a two-tiered structured system with the bank, commercial banks, and retail market participants.
2019-8-31 09:03 | |
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Retail payments in Sweden are now almost entirely cashless. Without a central bank digital currency (CBDC) Sweden’s entire payments market would be reliant on the private financial sector. Cecilia Skingsley, Deputy Governor of the Central Bank of Sweden, has authored an article as part of the World Economic Forum’s Annual Meeting of the Global Future Councils.
2018-11-12 04:00 | |
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The Bank of Thailand (BOT) are the next central bank to weigh in on the cryptocurrency debate, and it looks to be good news this time. Sort of anyway. BOT want to develop a Central Bank Digital Currency (CBDC), a cryptocurrency that will be issued by the bank and regulated by the bank.
2018-8-22 17:30 | |
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The potential is there, but the difficulties in achieving financial inclusivity are often underestimated, a Bank of Canada study shows.
“We wanted to test the power of quantum computing on a research case that is hard to solve using classical computing techniques,” said Maryam Haghighi.
The move comes as the central bank continues to research how a central bank digital currency would work as well as the possible risks.
Is risk in the eye of the beholder?