Cryptocoins News / The Cointelegraph - 2 years ago
The Central Bank of Kenya (CBK) has published a discussion paper on its central bank digital currency (CBDC), seeking public input on the potential benefits and risks and regulatory issues of introducing a CBDC in Kenya.In a statement, the CBK has hi...
More / Etherum Reddit - 2 years ago
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Bitcoin News / Bitcoin.com - 2 years ago
Zimbabwe’s central bank, which has expressed its opposition to cryptocurrencies in the past, announced yesterday it is presently exploring the feasibility of rolling out its own central bank digital currency (CBDC). The bank also said its regu...
Cryptocoins News / The Cointelegraph - 2 years ago
Theoretical research into a central bank digital currency (CBDC) in the United States has found that distributed ledger architecture has “downsides.” The Federal Reserve Bank of Boston and the Digital Currency Initiative at the Massachusetts Institut...
Cryptocoins News / The Cointelegraph - 2 years ago
The Central Bank of Jordan (CBJ) has revealed that it is researching the issuance of a digital currency. The central bank digital currency (CBDC) would be linked to the Jordanian dinar and have legal standing.Adel Al Sharkas, the governor of CBJ, has...
Cryptocoins News / CoinJournal - 2 years ago
The 30% tax is the highest income tax bracket in India India will also launch its digital rupee in the financial year 2022-2023, the Finance Minister said. India will begin levying a 30% tax on all income from cryptocurrency transfers, according to t...
Bitcoin News / Bitcoin.com - 2 years ago
The governor of the Central Bank of Jordan recently said his institution is studying the possibility of launching a legal digital currency, one that will be linked with its national currency. He also suggested that cryptocurrency trading might eventu...
Cryptocoins News / The Cointelegraph - 2 years ago
Finance minister Nirmala Sitharaman believes the introduction of a CBDC will provide a “big boost” to India's digital economy. In a speech discussing the budget for 20...
Cryptocoins News / The Cointelegraph - 2 years ago
Finance minister Nirmala Sitharaman believes the introduction of a CBDC will provide a “big boost” to India's digital economy. In a speech discussing the budget for 20...
Cryptocoins News / Blockchain - 2 years ago
Joining hands with the United States and Europe is fundamental when meeting technical issues needed in the issuance of a central bank digital currency (CBDC). (Read More)
Cryptocoins News / The Cointelegraph - 2 years ago
The cumulative transactions in e-CNY have reached 87.57 billion yuan ($13.68 billion) until now. China’s food delivery giant Meituan has become the latest tech firm to...
More / Bitcoin Reddit - 2 years ago
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Cryptocoins News / The Cointelegraph - 2 years ago
A recent note from Bank of America analysts said that a CBDC would differ from digital currencies currently available because it would be the liability of the Fed, not a commercial bank....
by COINS NEWS - 2 years ago
TLDR; I’ve read the new Fed study so you don’t have to. These were my key takeaways: The Fed does not currently plan to issue a CBDC but they are strongly considering it. They would not move forward without legislation directing them to do so and th...
Cryptocoins News / The Cointelegraph - 2 years ago
"This does not mean the SNB is not interested in CBDC, but our focus is to look at the role that wholesale CBDCs could play," said Andréa Maechler. Andréa Maechler, a...
Cryptocoins News / The Cointelegraph - 2 years ago
Malaysia’s central bank recently completed a proof-of-concept for a CBDC with three other nations and may consider developing its own cross-border payment system using the blockchain....
Cryptocoins News / The Cointelegraph - 2 years ago
Strong framing move by U.S. Representative Tom Emmer and a looming threat of another crypto ban in Asia: a digest of last week's top crypto policy stories is here. Las...
Cryptocoins News / The Cointelegraph - 2 years ago
The Caribbean country expects a nationwide CBDC rollout by the end of the first quarter of 2022. Central bank digital currency (CBDC) evolved into a hot topic in Jamai...
Cryptocoins News / The Cointelegraph - 2 years ago
A new report from EY highlights the need for a policy change for banks to overcome business uncertainties regarding digital assets. Big Four accounting firm Ernst &...
More / Bitcoin Reddit - 2 years ago
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Cryptocoins News / NewsBTC - 2 years ago
Visa and ConsenSys, a blockchain software startup, are working to develop a central bank digital currency (CBDC) pilot program to explore retail applications such as cards and wallets. Both firms will first meet with an estimated 30 central banks to...
Bitcoin News / Bitcoin.com - 2 years ago
According to British lawmakers, a central bank digital currency (CBDC) is likely to raise the cost of borrowing while hurting financial stability. They insist the touted potential advantages of a digital pound are being overstated. Erosion of Pr...
Bitcoin News / Bitcoin.com - 2 years ago
The Swiss National Bank has successfully employed a wholesale CBDC to settle transactions with five commercial banks, the monetary authority announced. The tests are part of an experiment carried out together with the Bank for International Settlemen...
Cryptocoins News / NewsBTC - 2 years ago
On Jan. 11, Federal Reserve Chair Jerome Powell told Senate legislators that nothing prevents privately issued stablecoins from coexisting with a prospective Fed central bank digital currency (CBDC). Jerome Powell Confirms Fed-issued Digital Currency...
Cryptocoins News / The Cointelegraph - 2 years ago
The Swiss National Bank integrated a wholesale CBDC into the banking systems of five commercial banks as part of the second phase of Project Helvetia. Switzerland took...
