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3232UAE Launches ‘Financial Infrastructure Transformation’ Program; CBDC Among 9 Key Objectives
https://www.digit.info/uae-launches-financial-infrastructure-transformation-program-cbdc-among-9-key-objectives/
Tue, 14 Feb 2023 07:30:29 +0000https://www.digit.info/2023/02/14/uae-launches-financial-infrastructure-transformation-program-cbdc-among-9-key-objectives/Read more]]>On Feb. 12, 2023, the Central Bank of the United Arab Emirates (CBUAE) announced the launch of a new initiative called the “Financial Infrastructure Transformation Program,” which has nine key objectives. One of these objectives is the research and development of a central bank digital currency (CBDC) designed to address both cross-border payments and domestic […]
]]>‘Atomic Settlement’ — New York Fed Completes First Phase of Digital Dollar Experiment Called ‘Project Cedar’
https://www.digit.info/atomic-settlement-new-york-fed-completes-first-phase-of-digital-dollar-experiment-called-project-cedar/
Fri, 04 Nov 2022 19:00:31 +0000https://www.digit.info/2022/11/04/atomic-settlement-new-york-fed-completes-first-phase-of-digital-dollar-experiment-called-project-cedar/Read more]]>The Federal Reserve Bank of New York has published findings stemming from an experiment dubbed “Project Cedar,” a protocol that uses a wholesale digital dollar in order to improve financial transactions. Michelle Neal, head of the bank’s Markets Group remarked on Friday that the research “indicated that settlement could occur in fewer than 10 seconds […]
On Feb. 12, 2023, the Central Bank of the United Arab Emirates (CBUAE) announced the launch of a new initiative called the “Financial Infrastructure Transformation Program,” which has nine key objectives. One of these objectives is the research and development of a central bank digital currency (CBDC) designed to address both cross-border payments and domestic […]
The Federal Reserve Bank of New York has published findings stemming from an experiment dubbed “Project Cedar,” a protocol that uses a wholesale digital dollar in order to improve financial transactions. Michelle Neal, head of the bank’s Markets Group remarked on Friday that the research “indicated that settlement could occur in fewer than 10 seconds […]