Cryptocoins News / The Cointelegraph - 3 years ago
India’s central bank is carefully considering the merits of issuing a digital rupee, while CBDC exploration continues to gather steam across the globe. The Reserve Ban...
Cryptocoins News / NewsBTC - 3 years ago
After the success of stablecoins, more and more banks are developing their native Central Bank Digital Currency (CBDC) solutions. Fantom CBDC is a solution to upgrade the existing banking infrastructure.
In Jan 2021, the Bank of International Settlem...
Cryptocoins News / The Cointelegraph - 3 years ago
The results of a new study from the Bank of Thailand point to three key considerations for making sure a retail central bank digital currency doesn't adversely impact financial stability....
Bitcoin News / Bitcoin.com - 3 years ago
A Ghanaian blockchain and crypto association, Afroblocks, has warned the Bank of Ghana (BOG) to resist the urge to develop a central bank digital currency (CBDC) that is based on the “old traditional siloed financial thinking.”
Afroblock...
Cryptocoins News / NewsBTC - 3 years ago
Started by the end of July 2021, the Bank Of Korea central bank digital currency (CBDC) project has been gaining traction. Per a report by the Korea Times, the project will be aided by electronics company Samsung.
The company and the financial instit...
Bitcoin News / Bitcoin.com - 3 years ago
The Bank of Ghana (BOG) says it has signed an agreement with Giesecke Devrient (GD) to implement a pilot central bank digital currency (CBDC) project. This pilot CBDC, which is a precursor to the e-cedi digital currency, is set to be tested with bank...
Cryptocoins News / The Cointelegraph - 3 years ago
Argentina’s president is open to the idea of central bank digital currency, but the country’s central bank head has rejected the idea. Argentina President Alberto Fern...
Cryptocoins News / CoinJournal - 3 years ago
Through a partnership with Giesecke+Devrient, the central bank will test out the e-cedi, a digital version of Ghana’s national currency
Africa’s first general purpose central bank digital currency (CBDC) will be piloted by the Bank of Gha...
Cryptocoins News / The Cointelegraph - 3 years ago
Originally specialized in currency and securities printing, Giesecke+Devrient has been increasingly working with central banks like the Bank of Thailand in piloting CBDCs....
Cryptocoins News / The Cointelegraph - 3 years ago
Launched in late 2020, Cambodia’s digital money project Bakong reached 200,000 users in June, doubling from three months earlier. The National Bank of Cambodia (NBC) c...
Cryptocoins News / The Cointelegraph - 3 years ago
The Central Bank of Venezuela is rolling out a CBDC in October and will launch an SMS-based exchange system to facilitate its use. The Central Bank of Venezuela will...
Cryptocoins News / The Cointelegraph - 3 years ago
Chris Waller’s comments come after Jerome Powell said that the Federal Reserve would be issuing a discussion paper on CBDCs. Chris Waller, a member of the Board of Gov...
Bitcoin News / Bitcoin.com - 3 years ago
The Ghanaian Vice President, Mahamudu Bawumia, has implored African governments to start exploring digital currencies as such alternatives have the potential to enhance intra-African trade. In addition, such digital currencies allow African countries...
Cryptocoins News / CoinJournal - 3 years ago
The remarks from the crypto-sceptic Senator come just a day after she wrote to the Treasury Secretary calling for more action against ‘growing threats’ in the crypto sector
Senator Elizabeth Warren wrote to the Secretary of the Treasury J...
Cryptocoins News / The Cointelegraph - 3 years ago
Rich Checkan described CBDCs as the spawn of Satan and thinks that Bitcoin is still a speculative asset and not a currency alternative yet. Rich Checkan, president of...
Cryptocoins News / The Cointelegraph - 3 years ago
Governments around the world are pouring more resources into CBDC research and exploratory use cases. Among the major economies, China appears to be pulling ahead and has plans to impleme...
Bitcoin News / Bitcoin.com - 3 years ago
Eighty-one countries are now exploring central bank digital currencies (CBDCs), according to a new tracker. This number is 46 more countries than the number in May last year. In addition, five countries have fully launched their own digital currencie...
Bitcoin News / Bitcoin.com - 3 years ago
The French central bank, Banque de France (BOF), recently carried out its fifth experiment on the Central Bank of Tunisia (CBT)’s central bank digital currency (CBDC). According to a statement from BOF, the latest experiment is part of the bank...
Cryptocoins News / The Cointelegraph - 3 years ago
RBI is looking for ways to test a CBDC while causing little to no disruption for the bank’s status quo. The Reserve Bank of India, or RBI, continues to investigate the...