Bitcoin News / Bitcoin.com - 3 years ago
Six East African states are reportedly set to explore the possibility of using central bank digital currencies (CBDC) as an alternative to their shared payment system. The six countries, which are all members of the East Africa Community (EAC) tradin...
Cryptocoins News / The Cointelegraph - 3 years ago
Regulatory hurdles and the economic impact of the pandemic have derailed some CBDC projects, but not all hope is lost. With the crypto market turning up its pace of gr...
Cryptocoins News / CoinJournal - 3 years ago
The latest efforts in China’s bid to implement a Central Bank Digital Currency (CBDC) are coming to Beijing
The Chinese government is planning a second large-scale test in the country’s capital to assess its population for the readiness o...
More / Etherum Reddit - 3 years ago
Central bank digital currencies (CBDCs) are set to become more "smart," according to the former head of the People's Bank of China's (PBoC) digital currency initiative. CBDCs could one day operate on blockchain networks like Ethereu...
Cryptocoins News / NewsBTC - 3 years ago
Yao Qian, a member of The China Securities Regulatory Commission, presented a case where a possible Digital U.S. dollar and the Digital Yuan run on top of Ethereum’s network. The government official spoke on The International Financial Forum (I...
Bitcoin News / Bitcoin.com - 3 years ago
The Central Bank Of Brazil, the highest monetary authority of the country, has released a note listing the general guidelines for the design of a hypothetical central bank digital currency (CBDC) for the country. While there are still no concrete ste...
Cryptocoins News / The Cointelegraph - 3 years ago
Sweden will trial its CBDC with a live banking participant. The experimentation will involve participation between Riksbank and Handelsbanken, a retail bank chain based in Sweden....
Cryptocoins News / The Cointelegraph - 3 years ago
OKEx, Crypto.com, and LocalBitcoins have integrated Brazil’s PIX instant payments system. Increasing numbers of offshore cryptocurrency exchanges are embracing Brazil’...
Bitcoin News / Bitcoin.com - 3 years ago
The South African Reserve Bank (SARB) says it has commenced a feasibility study for a general-purpose retail central bank digital currency (CBDC). The study, which the SARB expects to conclude in 2022, will focus on the issuance of a domestic CBDC th...
Cryptocoins News / The Cointelegraph - 3 years ago
The South African Reserve Bank has begun exploratory studies on central bank digital currencies. South Africa is the latest country to begin exploring the possibility...
Cryptocoins News / The Cointelegraph - 3 years ago
The Federal Reserve Governor has urged the United States to be at the forefront of developing CBDC to maintain the U.S. dollar’s role as a global reserve currency. Th...
Cryptocoins News / CoinJournal - 3 years ago
South Korea has made significant progress towards development of its digital currency.
South Korea’s central bank has revealed it will be launching its CBDC pilot program. The move represents the country’s latest efforts to develop a cent...
Cryptocoins News / The Cointelegraph - 3 years ago
Central bank digital currencies face a tricky trilemma when it comes to ensuring they are well designed. What’s the answer? How can this CBDC design trilemma be overco...