News about CBDC

News about Cbdc

Jeff Booth Interview: Discussing the future of power, a centralized future(CBDCs) or decentralized. Don’t fall into fear and become a pawn, bitcoin isn’t about getting rich, it’s about hope for the future. HODL, exit the system and become a sovereign indi

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Central Banks of France, Switzerland and BIS Complete Cross-Border CBDC Trial

Bank of France, the Swiss National Bank (SNB), and the Bank for International Settlements have successfully tested the application of wholesale central bank digital currency in cross-border payments. The project used distributed ledger technology and...

Kazakhstan to decide whether to launch CBDC by late 2022

One of the world’s biggest Bitcoin mining countries is still thinking about whether it needs a central bank digital currency. Kazakhstan, one of the world’s largest c...

Eastern Caribbean CBDC expands to another two territories

Two more Eastern Caribbean nations have begun using the DCash system, which allows payments and transfers of the digital EC dollar CBDC. The Eastern Caribbean Central...

Australian Reserve Bank’s ‘Project Atom’ CBDC research finds numerous benefits

Following Treasurer Josh Frydenberg’s “payments and crypto reform plan,” the RBA has published a report exploring DLT tech and wholesale CBDC issuance. The Reserve Ban...

Eastern Caribbean CBDC Rolls Out to Two More Nations

The Eastern Caribbean Central Bank (ECCB) expanded its CBDC (DCash) to two more nations of the commonwealth: Dominica and Montserrat. Now, the digital version of the EC dollar has been rolled out in seven out of all eight-member from ECCU countries....

The Great Shill for CBDC is underway in Australia

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The People’s Bank Of China’s Report On Blockchain Tech And Their Upcoming CBDC

Apparently, the People’s Bank Of China is considering using blockchain technology to power the Digital Yuan CBDC. The coin, also known as Digital renminbi or digital RMB, has been in beta-testing for a while now. However, Di Gang, deputy director of...

ECB Paper Marks Success Factors for CBDCs, Digital Euro

A paper published by the European Central Bank (ECB) discusses various conditions for successful implementation of central bank digital currencies (CBDCs) such as the eurozone’s own digital euro. The authors also point to different risks that...

CBDC is a tool to combat Bitcoin, says Bank of Indonesia exec

“CBDC would be part of an effort to address the use of crypto in financial transactions,” Central Bank of Indonesia assistant governor Juda Agung said. Central bank di...

Nigerian Central Bank Wants Financial Institutions to Develop Products Based on Its CBDC

The Central Bank of Nigeria has said it wants players in the country’s payment industry to develop and help introduce products based on its central bank digital currency, the e-naira. Central Bank Open to Suggestions In its bid to d...

Tanzanian Central Bank Preparing for CBDC to Ensure Country Is Not Left Behind

Florens Luoga, the governor of the Bank of Tanzania, said the apex bank has kickstarted preparations for a central bank digital currency. He said the bank was doing this to ensure Tanzania is not left behind as other countries adopt digital currencie...

Central Bankers want a CBDC so they can control your life.

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Tanzania reportedly makes plans to launch CBDC

The central bank has “already begun preparations” for a digital shilling, according to Bank of Tanzania Governor Florens Luoga. The Bank of Tanzania is reportedly plan...

India HAS NO PLANS to BAN Bitcoin as an asset class. Only as payment method (protect their CBDC)

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Bank of England sees CBDCs as a revolution for the future of money

The Bank of England estimates that 20% of retail and consumer deposits could potentially move toward CBDCs. In an event streamed live on Wednesday, Bank of England g...

Fed Reserve Board Member Christopher J. Waller Describes Bitcoin as Electronic Gold & Talks Stablecoins & CBDC's - Nov 19th 2021

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WEF releases resource suite for CBDCs and stablecoins aimed at regulators and businesses leaders

The publication contains eight separate white papers exploring topics including the impact of lawmakers regulating stablecoins and central bank digital currencies as well as informing rea...

Kenya Central Bank Governor on CBDC: It’s About Getting It Right Rather Than Being First

The Central Bank of Kenya (CBK) governor, Patrick Njoroge, has said his institution is currently exploring the use of central bank digital currencies (CBDC) to settle cross-border payments. Njoroge however insists the bank’s priority is gettin...

Weekly Report: India looking to transform its crypto sector, potential CBDC trial run on the way

The top cryptocurrencies grabbed headlines this week following a market-wide market tumble that saw over $250 billion wiped off the sector Bitcoin slid below $60,000 early on Tuesday and despites effort to bounce back, the crypto coin continued bleed...