Browsing Tag
CBDC
33 posts
30% of Central Banks Delay CBDC Rollout, Survey Finds
A recent survey conducted by the Official Monetary and Financial Institutions Forum (OMFIF) and Giesecke+Devrient reveals that while…
BSP Concludes CBDC Trial, Eyes Wholesale Digital Currency for Future Payments
The Bangko Sentral ng Pilipinas (BSP) has successfully wrapped up trials for a wholesale central bank digital currency…
Bahamas Moves to Enforce Bank Support for ‘Sand Dollar’ CBDC
The Bahamas is set to introduce legislation mandating commercial banks to support its “Sand Dollar” central bank digital…
Author of Biden’s Crypto Executive Order Rejoins Administration
Carole House, former director of cybersecurity and secure digital innovation at the White House and co-author of President…
South Korean Central Bank accelerates CBDC Project
The Bank of Korea (BOK) is expediting its CBDC project and intends to conduct a pilot of its…
Jerome Powell addresses CBDC concerns, emphasizes privacy
During the hearing, Powell emphasized that while CBDCs are being studied, the implementation of a digital dollar is…
Ripple publishes white paper, stresses conviction in CBDC
Blockchain-based digital payments company Ripple has reaffirmed its strong support for central bank digital currencies (CBDCs) in a…
China’s dual CBDC pilots: Shanghai and Suzhou pave the way for digital currency future
Shanghai and Suzhou, two prominent cities in China, are intensifying their efforts to boost the adoption of the…
Bank of Canada’s Insight: CBDC adoption challenges amidst Canadians’ financial accessibility
In an illuminating discourse, the Bank of Canada unveiled a thought-provoking paper that delves into Canadians’ interaction with…
Government regulatory and legal norms with innovation and experimentation can bolster UK’s token sphere: UK Finance
Tokenization refers to the digital representation of financial assets using distributed ledger technology (DLT). Countries across the globe…
Crypto Sites Are Naming Fake Dispute Resolution Organizations: CSA
Digital assets in the contemporary financial atmosphere are emerging markets. Countries and individuals are planning and drafting law…
MAS proposes protocols for the use of “Purpose Bound” Digital assets
Digital money has the potential to facilitate more efficient transactions and enhance financial inclusion, especially in today’s world…
IMF’s revolutionary move in favour of Digital assets receives online backlash
International Monetary Fund (IMF) unveils the development of a “new class” CBDC platform. A novel blueprint for a…
Slovakia amended its constitution to eliminate citizen’s fear of the Digital Euro
With the rise of the digital ecosystem, a race for cryptos and digital assets has begun. Countries across…
Project Rosalind: BOE and BIS on the way to launch CBDC
The Central Bank of England published the digital pound Consulting paper on the policy objectives and high-level design…
EU Plans to Have ECB Set Limits on Use of Digital Euro
The European Union explores the implementation of a digital euro amidst discussions on financial stability and market impact.…
Asian digital endeavor: Thailand launches retail CBDC
As revealed by PwC in their Global CBDC index 2022, more than 80 per cent of global banks…
The Tel Aviv Stock Exchange and The Israeli Ministry of Finance Successfully Completed Proof of Concept
Countries across the globe are taking significant attempts to evaluate and expand the scope of digital assets and…
Research embraces CBDCs, highlights its importance in fulfilling SDGs in New Zealand
Development with sustainability is considered the most debated topic in contemporary civilisation. Both developed as well as developing…
Greater Bay Area, a potential launch pad for CBDC, underlined SC and PwC research paper
Over the past few years, Central Bank Digital Currencies (CBDCs) have become a core component of the monetary…