by COINS NEWS - 1 year ago
TLDR at the bottom Introduction The world is struggling at the moment. Fed rate hikes, looming recession fears (or recession/depression/total economic collapse depending on your country) and inflation still running rampant in most countries. People a...
Cryptocoins News / The Cointelegraph - 1 year ago
CBDC and de-dollarization saw major strides last week with the 1-million-barrel deal on the Shanghai Petroleum and Natural Gas Exchange. The digital yuan has been used...
More / Bitcoin Reddit - 1 year ago
submitted by /u/BitCypher84 [link] [comments]
More / Bitcoin Reddit - 1 year ago
submitted by /u/BitCypher84 [link] [comments]
Cryptocoins News / Blockchain - 1 year ago
Federal Reserve Governor Michelle Bowman, in a discussion at Harvard Law School, explored the evolving digital payment landscape, touching on CBDC, stablecoins, and the necessity for a robust regulatory framework. While recognizing the potential of d...
Cryptocoins News / The Cointelegraph - 1 year ago
Michelle Bowman told a university audience that financial innovation should be justified by need and be properly regulated. Federal Reserve Board Governor Michelle Bow...
Cryptocoins News / Finance Magnates - 1 year ago
Mastercard, a multinational payment technology company, recently announced its entry into the world of Central Bank Digital Currencies (CBDCs). The company is now actively testing the tokenization of CBDCs, which has the potential to change the way d...
by COINS NEWS - 1 year ago
A concern that I see coming down the line is the ongoing pilots and eventual building-out of CBDCs. As much as we all hate to admit it, they’re coming. And while it’s tempting to think that most crypto users could just avoid using them, what if that...
by COINS NEWS - 1 year ago
The assistant governor of the Reserve Bank of Australia noted that pilot projects have highlighted several key areas where CBDCs could be of great use. The Reserve Ba...
by COINS NEWS - 1 year ago
So like many central banks, the governance/ ownership set up is a bit odd. As the bank say... We’re publicly owned. We are a public body that must answer to the people of the UK through Parliament. We started over 300 years ago as a private bank wit...
Bitcoin News / Google News Bitcoin - 1 year ago
Mastercard Demonstrates New Solution for CBDC Tokenization ...& & Bitcoin.com News
Cryptocoins News / Blockchain - 1 year ago
Mastercard, in association with the RBA and DFCRC, has demonstrated a groundbreaking interoperable CBDC solution to enhance Web3 commerce in Australia and beyond. The live demonstration showcased a pilot CBDC holder purchasing an NFT on Ethereum, uti...
Bitcoin News / Bitcoin.com - 1 year ago
India’s central bank, the Reserve Bank of India (RBI), has initiated a pilot for a second use case of its wholesale central bank digital currency (CBDC), focusing on the call money market. The Indian central bank reportedly plans to expand its...
Bitcoin News / Bitcoin.com - 1 year ago
Mastercard says its new solution that enables central bank digital currencies (CBDCs) to be tokenized or wrapped onto different blockchains provides consumers with “a new option to participate in commerce across multiple blockchains with increa...
by COINS NEWS - 1 year ago
The introduction of Central Bank Digital Currency (CBDC) will involve gradually phasing out physical currency in favor of digital currency. This digital currency can then be subject to confiscation, manipulation, or taxation by governments at their d...
Cryptocoins News / The Cointelegraph - 1 year ago
Eetu Kuneinen argued against CBDCs, as they are “centralized by nature,” saying that certain dangers come with government control. At the recent Future Innovation Sum...
Cryptocoins News / Finance Magnates - 1 year ago
An official from China's foreign exchange regulatory body has highlighted the potential benefits of "programmable features" within a central bank digital currency (CBDC) to enhance the effectiveness of monetary policy tools. China is actively develop...
by COINS NEWS - 1 year ago
submitted by /u/fleshlyLoath [link] [comments]
Cryptocoins News / The Cointelegraph - 1 year ago
The government is incentivizing new residents to come develop payment solutions, smart contracts, hard wallets and promotions for the digital yuan. China opened an ind...
Cryptocoins News / CoinJournal - 1 year ago
The trial involved wrapping CBDCs for use in purchasing NFTs on blockchains. Mastercard’s Multi Token Network played a pivotal role in the trial. There is a growing importance of CBDCs and blockchain in the financial industry. In a groundbrea...
Cryptocoins News / The Cointelegraph - 1 year ago
The experiment demonstrated that CBDCs could be wrapped to purchase NFTs on blockchains such as Ethereum. Mastercard has completed a trial involving wrapping central...
Bitcoin News / Bitcoin.com - 1 year ago
The Ghanaian central bank said it will be hosting a 12-week hackathon where participants are expected to explore the e-cedi’s nine different use cases. At the end of the hackathon, the central bank will hold a conference where individuals with...
by COINS NEWS - 1 year ago
The Nigerian central bank has disputed media reports suggesting its Sept. 11, 2023 document implies that its e-naira currency poses a threat to financial stability. The central bank said it felt compelled “to clarify the reports to ensure that...
Bitcoin News / Bitcoin.com - 1 year ago
A recent study conducted by the Bank of Canada delved into the role a central bank digital currency (CBDC) would play in improving financial inclusion, digital inclusion, and accessibility. The study concludes that while the Canadian financial ecosys...
More / Bitcoin Reddit - 1 year ago
A compilation of clips of politicians, lawmakers, journalists and social media influencers discussing the differences between Bitcoin's public, transparent, permissionless blockchain and the private, opaque, permission and compliance-requir...
