News about CBDC

News about Cbdc

Surprise: BIS Used Ethereum Testnet And Curve Finance’s Code In CBDC Pilot

Project Mariana, an initiative whose goal was to explore the application of central bank digital currencies (CBDCs) in enhancing the efficiency and security of cross-border payments, has been successfully concluded, the Bank of France has confirmed....

Central Banks Successfully Test Cross Border Trading of Wholesale CBDC Using DeFi

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France, Singapore and Switzerland test cross-border CBDCs

Project Mariana was developed under the aegis of the Bank for International Settlements. The Bank for International Settlements (BIS) and the central banks of France,...

CBDCs on the Rise: What the Decline of Physical Cash Means for Blockchain and Privacy

The decline in the use of physical cash raises important questions about the loss of personal freedom and privacy. As central banks explore the development of CBDCs, the design and implementation of these digital currencies will play a critical role...

CBDC frameworks must guard user privacy, monetary freedom — BIS chief

BIS general manager Agustín Carstens stresses the importance of legal frameworks that protect CBDC users’ privacy and maintain monetary freedom. Legal frameworks ensur...

BIS chief claims 'outdated legal frameworks' could 'hinder' CBDC development

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Countries Should Set Up Legal Frameworks to Support CBDCs: BIS Chief

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CBDCs could support a more stable economy — if banks run the show

Central bank digital currencies could confer economic benefits if governments don’t use them to cannibalize the commercial banking industry. Central bank digital curre...

mBridge CBDC project preparing for new members, launch of minimum viable product

The project now includes central and commercial banks from China, Hong Kong, Thailand and the UAE. Future new members were not identified. Project mBridge may soon see...

Vitalik Buterin Warns CBDCs Moving in Wrong Direction, Calls Them ‘Front Ends’ for the Banking System: Report - The Daily Hodl

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Will Satoshi be looked back on historically not only as the genius creator of Bitcoin… but also as the person whose work gave rise to CBDCs? A [Serious] discussion.

Satoshi’s goal with the launch of Bitcoin was to create an autonomous, decentralized financial system that allowed users control, rather than large banks and governments. In many ways he succeeded, with the exception that Bitcoin is used less as a pe...

CBDC Anti-Surveillance Bill Passes House Committee Despite Push Back From Democrats - Decrypt

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CBDC Anti-Surveillance Bill Passes House Committee Despite Push Back From Democrats

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Tom Emmer's Remarks On His "CBDC Anti-Surveillance State Act"

After Emmer's "CBDC Anti-Surveillance State Act" passed the House Financial Services Committee, he made some interesting comments: The bill has been 3 years in the making 60 members of Congress have pledged support, as well as prominen...

130 Countries Are In Some Phase of CBDC Development. Is the US Falling Behind?

The Atlantic Council has been tracking the development of CBDCs, and here are some key findings: 130 countries, which make up some 98% of the global GDP, are exploring CBDCs. 19 countries in the G20 are in the advanced stage of development. 11 count...

US House Committee Passes CBDC Anti-Surveillance State Act With Support of 60 Congress Members

The U.S. House Financial Services Committee has passed the CBDC Anti-Surveillance State Act, the first anti-central bank digital currency legislative effort introduced in the United States. Congressman Tom Emmer detailed that the bill halts the effor...

Anti-CBDC Bill Inches Closer To Approval With Strong Support From 60 Congress Members

In a significant development, the House Financial Services Committee has successfully passed the CBDC Anti-Surveillance State Act, a bill to prevent the Federal Reserve from issuing a central bank digital currency (CBDC). Representative Tom Emmer, k...

Congress Advances Pioneering Anti-CBDC Bill To Curb Surveillance

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Bill passed to ban CBDC issued by the Federal Reserve

submitted by /u/predictany007 [link] [comments]

Monero is not only THE anti-CBDC, it also seems to become the first decentralized "stablecoin" hovering around $150 for 15 months already

This is meant to throw some light on Monero's short and long term stability. On days like this it becomes more than obvious that Monero trades in another league. While everything took a hit today, Monero kept its USD price stable resulting in ris...

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