News about CBDC

News about Cbdc

Chainlink (LINK), Microsoft, Banco Inter and more working to power Brazil's CBDC pilot

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Chainlink, Microsoft, Banco Inter collaborate on Brazil’s CBDC pilot

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Norway’s CBDC Timeline Clouded by Expert Committee’s Bold Advice

A Norwegian expert committee advising lawmakers has recommended no immediate need to adopt a central bank digital currency (CBDC). Despite the declining use of cash, which dropped to just 2% of transactions at physical points of sale during the pande...

Pakistan Digital Currency Reforms Set Path for CBDC as Legal Tender

The Pakistani government has proposed amendments to the State Bank of Pakistan (SBP) Act to recognize central bank digital currencies (CBDCs) as legal tender. These changes would authorize the central bank to issue, regulate, and manage digital curre...

The greatest attribute of Crypto is that it encourages people to question Fiat. Particularly when Central Banks are paving the way for CBDC's without any political mandate.

When I first discovered Bitcoin I was a cynic and didn't mine/ buy any. However I was immediately fixated by it and the debate surrounding it. For the first time in my life I was starting to ask questions of the central bank paper notes and coins...

Will Banks Survive? Bank of England Prepares to Launch CBDC if Innovation Stalls

The Bank of England cautions it could deploy a digital currency if commercial banks falter, signaling a potential upheaval in the future of money. Digital Payments Showdown: BOE Set to Roll Out CBDC if Banks Slip Behind Bank of England (BOE) Governor...

Will Banks Survive? Bank of England Prepares to Launch CBDC if Innovation Stalls - Bitcoin.com News

Will Banks Survive? Bank of England Prepares to Launch CBDC if Innovation Stalls& & Bitcoin.com News

CBDCs and crypto should coexist, not compete — CoinDCX co-founder

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Will Norway Go Digital? Central Bank To Decide On CBDC Next Year

Next year, Norges Bank, Norway’s Central Bank, is going to make a major decision regarding the potential of establishing its own CBDC, or central bank digital currency. According to Deputy Governor Pal Longva, the central bank was moving toward...

Norway’s Central Bank on CBDC Progress: We’re Not Falling Behind

Norway’s central bank is on track to decide by 2025 whether to adopt a central bank digital currency (CBDC), but officials stress there’s no urgency. Despite Norway’s cashless society, with only 2% using cash, the bank is carefully studying both reta...

India is considering a Ban on Crypto while exploring the adoption of a CBDC.

Concerns over the risks posed by crypto have led regulators to lean toward a digital rupee, which they believe offers similar benefits with fewer risks. According to a senior official, “CBDCs can do whatever cryptos do, but without the risks.”...

India Cracks Down On Crypto: Regulators Favor CBDC In Push Vs. Bitcoin & Co.

India is leaning toward the total prohibition of private cryptocurrencies like Bitcoin and Ethereum in an attempt to regulate risk in its current volatile market. The government said they will have a preference for Central Bank Digital Currencies (CB...

India Cracks Down On Crypto: Regulators Favor CBDC In Push Vs. Bitcoin & Co. | Bitcoinist.com - Bitcoinist

India Cracks Down On Crypto: Regulators Favor CBDC In Push Vs. Bitcoin & Co. | Bitcoinist.com& & Bitcoinist

Brazillian Central Bank Invites New Participants to CBDC Pilot Program

The Brazilian Central Bank is opening the drex CBDC pilot to new entrants, aiming to test more advanced use cases and privacy solutions for the project’s second phase. Thirteen use cases have been confirmed, including carbon credits, agricultur...

Brazillian Central Bank Invites New Participants to CBDC Pilot Program - Bitcoin.com News

Brazillian Central Bank Invites New Participants to CBDC Pilot Program& & Bitcoin.com News

Australia, Canada and Colombia were right to pause CBDC plans

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Brazilian CBDC Drex Envisioned to Replace Current Transaction System - Bitcoin.com News

Brazilian CBDC Drex Envisioned to Replace Current Transaction System& & Bitcoin.com News

Brazilian CBDC Drex Envisioned to Replace Current Transaction System

Fabio Araujo, the coordinator of Drex, the Brazilian CBDC, envisions this network substituting the current national transaction system and moving all the funds currently settled by the Reserve Transfer System. However, he stated that this would take...

NEW: ???? Global payment system SWIFT to start testing digital currencies and tokenized assets transactions by 2025❗️ CBDC is coming.

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John Deaton promises fierce resistance against federal CBDC: ‘I’ll die on this hill’ | Cryptopolitan

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John Deaton vows to fight federal CBDC, calls it ’a hill to die on’

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Hong Kong CBDC Pilot Enters Phase 2 With New Firms to Advance Digital Currency Use Cases

The Hong Kong Monetary Authority (HKMA) has moved into Phase 2 of its e-HKD pilot program, expanding its exploration into tokenized deposits and e-HKD. With 11 groups of firms selected, the initiative delves into practical applications such as offlin...

Bank of Canada Redirects Efforts Away From Retail CBDC

The Bank of Canada has announced a strategic shift away from developing a retail Central Bank Digital Currency (CBDC) to focus on broader payments system research and policy development. This decision follows a public consultation in 2023, which reve...

Bank of Canada Redirects Efforts Away From Retail CBDC - Bitcoin.com News

Bank of Canada Redirects Efforts Away From Retail CBDC& & Bitcoin.com News

Bank of Korea to Launch CBDC Payment Trial in Supermarkets