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Jamaican Taxis Go Digital As Drivers Gear Up To Embrace Jam-Dex CBDC
Jamaica’s quest for digital financial transformation is gaining momentum, and its homegrown Central Bank Digital Currency (CBDC), Jam-Dex, is at the heart of this change. Recent developments suggest that the transportation sector, particularly bus and taxi drivers, is looking to leverage the benefits of Jam-Dex. дальше »
2023-8-31 00:00 | |
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Bahamas, Jamaica, and Nigeria pioneer CBDC adoption
As 130 economies explore CBDCs, the Bahamas, Jamaica, and Nigeria have fully launched their versions, while G20 nations proceed cautiously. According to the Atlantic Council Central Bank Digital Currencies (CBDC) Tracker updated on Aug. 16, only three countries have fully… дальше »
2023-8-29 13:26 | |
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Spain’s central bank expects digital euro to enhance financial services
The deputy governor of the Spanish national central bank, Margarita Delgado, has spoken about the future of the digital euro and how private payment solutions will interact with it. Speaking in line with the recently proposed digital euro legislative plan,… дальше »
2023-8-28 16:51 | |
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Indian Billionaire Mukesh Ambani's Firm Will Explore Blockchain Platforms and CBDCs
Reliance Industries Ltd. is entering the world of blockchain and central bank digital currencies (CBDCs), its Chairman and Asia's richest man, Mukesh Ambani, announced on Monday. дальше »
2023-8-28 13:52 | |
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Fed Chair Jerome Powell discusses target interest and inflation rates at Jackson Hole summit
The robust growth of the U. S. economy may necessitate additional interest rate increases to mitigate inflationary pressures, according to Federal Reserve Chair Jerome Powell. Speaking at the Jackson Hole Economic Symposium, an annual conference of central bankers in Jackson Hole, Wyo. дальше »
2023-8-26 21:01 | |
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Economic Reset Alert: Bloomberg Analyst Predicts Bitcoin Crash Below $10,000
Bitcoin (BTC), the world’s largest cryptocurrency, has experienced a period of stability around the $26,000 mark following the recent speech by Federal Reserve Chair Jerome Powell. Powell reiterated the central bank’s commitment to maintaining a 2% inflation target in his speech. дальше »
2023-8-25 20:58 | |
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Central banks globally roll back balance sheets – quantitative tightening pace heightened
Quick Take Global central banks are decidedly rolling back on their respective balance sheets, indicating an aggressive stride in quantitative tightening for 2023. The Bank of England’s (BOE) balance sheet downsized by 3%, while the Federal Reserve reported a 4% reduction. дальше »
2023-8-24 19:00 | |
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Reserve Bank of Australia issues report on CBDC use cases
On August 23, the Reserve Bank of Australia (RBA) and the Digital Finance Cooperative Research Centre (DFCRC) unveiled their findings in a report detailing the implications of a central bank digital currency (CBDC). дальше »
2023-8-24 03:40 | |
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Australia’s central bank releases report highlighting CBDC use cases
The Australian Central Bank and the Digital Finance Cooperative Research Centre have released a report on the use cases for CBDCs in the country дальше »
2023-8-24 22:51 | |
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Australia’s Central Bank Wraps Up CBDC Pilot Program – Is Issuance On The Horizon?
Australia’s central bank, the Reserve Bank of Australia (RBA), has completed its pilot program exploring the potential use cases of a central bank digital currency (CBDC). The research project, carried out in conjunction with the Digital Finance Cooperative Research Centre (DFCRC), involved 16 selected industry participants, including Mastercard, Australian Bond Exchange, and Fame Capital. This […] дальше »
2023-8-23 18:00 | |
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South Korean City Announces Plan To Seize Crypto Assets Of Local Tax Evaders
The government of Cheongju City, located in the central region of South Korea, is looking to confiscate virtual assets such as Bitcoin from tax evaders. According to a local media report on August 22, the city authorities sought cooperation from seven crypto exchanges, including Upbit and Bithumb, to punish these delinquents. These exchanges have been […] дальше »
2023-8-23 01:00 | |
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Ripple’s Global CBDC Adoption Paradox: 8 Countries Onboard Despite XRP Slump
Ripple has announced that its blockchain technology, underpinned by its native cryptocurrency $XRP, is being adopted by no fewer than eight countries to build their Central Bank Digital Currencies (CBDCs). дальше »
2023-8-22 20:30 | |
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Citi's whitepaper highlights this shift in the securities industry. Assessing...
The securities industry is focusing on innovative solutions and automation to meet the challenges of the evolving landscape. A remarkable 87% of respondents view central bank digital currenciesThe post Citi's whitepaper highlights this shift in the securities industry. Assessing... appeared first on AMBCrypto. дальше »
2023-8-22 19:00 | |
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Crypto amplified financial risks in emerging markets: BIS papers
The central banks of the United States, Canada, Mexico and Brazil have pointed out the risks of crypto but warned against excessively prohibitive laws. дальше »
2023-8-22 16:45 | |
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OpenSea to suspend Operator Filter as Blur’s ascendency gains momentum
OpenSea to sunset Operator Filter by 31 August. Blur continues to dominate trade volume. The discussion about royalties was a central topic in the NFT realm in 2022. OpenSea was particularlyThe post OpenSea to suspend Operator Filter as Blur’s ascendency gains momentum appeared first on AMBCrypto. дальше »
2023-8-19 00:30 | |
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Mastercard forges blockchain alliances to power future of CBDCs
Mastercard is partnering with Ripple, Consensys, and other blockchain companies on a central bank digital currency program. On Aug. 17, the payments giant announced its CBDC Partner Program, including other inaugural partners like tokenized assets company Fluency, digital assets platform Fireblock, Consult Hyperion, and Idemia. дальше »
2023-8-18 13:30 | |
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Mastercard partners with blockchain leaders to explore CBDCs
Mastercard is partnering with seven blockchain and payment technology providers to explore the potential and challenges of central bank digital currencies (CBDCs). The specific plans for the collaboration remain under wraps in the payment giants’ Aug. 17 announcement. Mastercard has… дальше »
2023-8-18 11:16 | |
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Mastercard Partners With Ripple, But XRP Falls Below Pre-SEC Ruling Levels
In a significant move signaling the growing importance of Central Bank Digital Currencies (CBDCs) in global financial systems, Mastercard has announced a strategic partnership with several blockchain companies, including Ripple. дальше »
2023-8-18 10:00 | |
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Mastercard Calls for Crypto Companies to Join CBDC Partner Program
Mastercard has invited more crypto companies to join its central bank digital currency (CBDC) partner program, which aims to foster collaboration on blockchain-based money. The program's initial partners include Ripple and ConsenSys. дальше »
2023-8-18 08:42 | |
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Mastercard Deepens Tie to CBDCs as Nations Mull Issuing Digital Currencies
Payments giant Mastercard has created a forum where crypto industry players can discuss and collaborate on central bank digital currencies, injecting its influential voice into the CBDC conversation as nations around the world consider whether to digitize their money. дальше »
2023-8-17 20:41 | |
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Colombia’s central bank recommends limiting CBDC holdings and spending
Setting limits on CBDC transactions could be beneficial to issues related to user privacy and security, according to the central bank of Colombia. дальше »
2023-8-18 16:28 | |
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US Congressman Says XRP Holders ‘Hyper-Defensive’ of Ripple CBDC Venture
US Congressman Warren Davidson, a critic of Central Bank Digital Currencies (CBDC), expressed surprise at the support from the XRP community for Ripple's work with CBDCs. The post US Congressman Says XRP Holders ‘Hyper-Defensive’ of Ripple CBDC Venture appeared first on BeInCrypto. дальше »
2023-8-17 08:50 | |
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Likely Economic Impact of CBDC ‘Negligible,’ Says Central Bank of Colombia
Report by central bank says Colombian CBDC will have little economic impact. The post Likely Economic Impact of CBDC ‘Negligible,’ Says Central Bank of Colombia appeared first on BeInCrypto. дальше »
2023-8-17 23:27 | |
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Zimbabwe Central Bank Prepares To Roll Out Gold-Backed Digital Token
The Reserve Bank of Zimbabwe (RBZ) has expressed its desire to establish a new form of digital money known as the Gold-Backed Digital Token (GBDT). This digital currency will be underpinned by gold bullion reserves held by the central bank. дальше »
2023-8-16 21:00 | |
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Singapore Wraps Up Stablecoin Framework: Pathway to Global Adoption?
The Monetary Authority of Singapore (MAS) has unveiled the features of a new regulatory framework aimed at ensuring a high degree of stability for stablecoins in the country. This is the outcome of the central bank’s public consultation, which commenced in October 2022. дальше »
2023-8-15 16:00 | |
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Singapore pushes into crypto regulation with new stablecoin framework
The central bank would label these crypto tokens as MAS-regulated stablecoins. This way users would be able to distinguish these coins from non-regulated stablecoins. Singapore’s central bThe post Singapore pushes into crypto regulation with new stablecoin framework appeared first on AMBCrypto. дальше »
2023-8-15 13:00 | |
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Singapore introduces visionary regulatory framework to boost stablecoins’ stability
The Monetary Authority of Singapore (MAS) unveiled an innovative regulatory framework to boost the stability of the nation’s certified stablecoins on 15 August. The central bank revealed that the new regulations would apply to issuers of single-currency stablecoins tied to the Singapore Dollar or fiat of G10 nations, with circulation surpassing $5 million. дальше »
2023-8-15 11:02 | |
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Singapore central bank releases regulatory framework for stablecoins
The framework outlines requirements for stablecoin issuers to meet to be deemed as regulated by the Monetary Authority of Singapore. дальше »
2023-8-15 08:45 | |
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Argentina’s Central Bank Hikes Interest Rates Amidst Pro-Bitcoin Candidate’s Primary Win: What Are the Implications?
Argentina’s Central Bank has hiked its interest rates to a staggering 118%. This decision comes on the heels of pro-Bitcoin advocate, Javier Milei, securing a victory in the presidential primary elections. дальше »
2023-8-15 20:15 | |
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Donald Trump Owns at Least $250,000 in Ethereum, New Disclosure Reveals
Donald Trump reportedly owns up to $500,000 in ETH in a crypto wallet, and, despite being a crypto critic, has not given an opinion on a potential central bank digital currency. The post Donald Trump Owns at Least $250,000 in Ethereum, New Disclosure Reveals appeared first on BeInCrypto. дальше »
2023-8-15 18:59 | |
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Pro-BTC candidate triumph sees Bitcoin reach historic high against Argentinian peso
Bitcoin’s (BTC) price soared to an all-time high against the Argentinian Peso after a pro-BTC candidate, Javier Milei, won the country’s primary presidential race. Pro-Bitcoin candidate emerges Earlier today, Milei, a staunch critic of central banks, recorded an unexpected primary win in the presidential elections. дальше »
2023-8-14 16:00 | |
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2050: CBDCs, AI, and the uncharted path ahead | Opinion
As we stand on the threshold of an epochal shift in finance and technology, the emergence of central bank digital currencies (CBDCs) and the rise of artificial intelligence (AI) stand as the two most defining factors. Yet, it’s when these… дальше »
2023-8-13 10:05 | |
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Joe Rogan and Post Malone criticize US CBDC
The entertainment industry is diving into the Central Bank Digital Currencies (CBDCs) debate, with Joe Rogan and rapper Post Malone expressing their concerns. On the “Joe Rogan Experience” podcast, which boasts over 11 million listeners per episode, the two discussed… дальше »
2023-8-12 19:06 | |
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Bank of England requests academic input on CBDC
The Bank of England (BoE) and HM Treasury issued a call for interest, seeking academic experts to join a new advisory group focused on central bank digital currencies (CBDCs) дальше »
2023-8-10 21:32 | |
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India Central Bank Explores Use of Artificial Intelligence to Make Instant Payments
The Reserve Bank of India (RBI) has proposed integrating artificial intelligence (AI) into its Unified Payment Interface (UPI) system to allow users to initiate and complete payments via voice commands. дальше »
2023-8-10 19:00 | |
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Russia to launch CBDC pilot in August
The pilot program will expand its functionality towards the end of 2023. Russia was trying to tackle the financial strain due to Western sanctions through CBDCs. Russian central bank, The BaThe post Russia to launch CBDC pilot in August appeared first on AMBCrypto. дальше »
2023-8-10 09:30 | |
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