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CBDC

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IMF lawyers argue that central banks need reform before they can issue CBDCs

November 20, 2020 by DIGIT

New and developing research from the International Monetary Fund suggests that central banks around the world need new legal definitions for tokenized currencies. Go to Source Powered by WPeMatico

Categories CBDC, China, Government, People's Bank of China, Privacy, Stablecoin

Singapore ready to launch wholesale CBDC, local exec says

November 20, 2020 by DIGIT

CFO at Singapore’s central bank told Cointelegraph about his plans to implement Singapore’s wholesale CBDC. Go to Source Powered by WPeMatico

Categories Bitcoin Regulation, Blockchain & Bitcoin Conference, CBDC, Cryptocurrency Exchange, Fintech, Singapore

MyEtherWallet founder weighs in on the most crypto-friendly country

November 19, 2020 by DIGIT

Crypto-friendly regulation may be in the eye of the beholder. Go to Source Powered by WPeMatico

Categories Bitcoin Regulation, CBDC, China, Cryptocurrencies

BoE policymaker says digital currencies could be part of ‘new monetary order’

November 19, 2020 by DIGIT

BoE policymaker Andy Haldane believes a widely-used digital currency could have a positive impact on financial stability. Go to Source Powered by WPeMatico

Categories Bank of England, CBDC, Central Bank, United Kingdom

Japan’s megabanks to lead experiment with digital yen

November 19, 2020 by DIGIT

Could a new, coordinated effort to digitalize the Japanese economy be strong enough to compete with residents’ persistent use of cash? Go to Source Powered by WPeMatico

Categories Bank of Japan, Banks, CBDC, Central Bank, Japan, Retail, Sumitomo Mitsui Bank, Telecom

Former Bank of Japan exec says Japan will need years to issue digital yen

November 17, 2020 by DIGIT

A former Bank of Japan official is concerned about a digital yen triggering massive outflows from private bank deposits. Go to Source Powered by WPeMatico

Categories Bank of Japan, CBDC, Central Bank, Digital Currency, Fiat Money, Japan

Central bank digital currencies are dead in the water

November 15, 2020 by DIGIT

CBDCs won’t fundamentally be changing anything — central banks still want to control your wealth and your money. Go to Source Powered by WPeMatico

Categories CBDC, Central Bank, China, Cryptocurrencies, Government, Russia

Ukraine is prepared to lead Eastern Europe’s crypto space

November 15, 2020 by DIGIT

The Ukrainian government is making serious steps toward crypto to make the country a leader in Eastern Europe. Go to Source Powered by WPeMatico

Categories Adoption, CBDC, Central Bank, Cryptocurrencies, Europe, Government, Ukraine

Privacy should be at the core of CBDCs, says Boston Fed research director

November 13, 2020 by DIGIT

Privacy should be a key talking point from the beginning of CBDC development. Go to Source Powered by WPeMatico

Categories Anonymity, CBDC, Federal Reserve, Privacy, Tether, USDT

BIS head says physical cash still important, even if CBDCs take over

November 13, 2020 by DIGIT

BIS Innovation Hub head Benoît Cœuré stressed the importance of maintaining multiple payment options beyond just CBDCs. Go to Source Powered by WPeMatico

Categories BIS, Cash, CBDC, Central Bank, Facebook, Libra, Payments
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  • ethereumEthereum(ETH)$2,923.13-0.97%
  • tetherTether(USDT)$1.000.01%
  • binancecoinBNB(BNB)$837.61-1.24%
  • rippleXRP(XRP)$1.85-0.82%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$121.77-1.00%
  • tronTRON(TRX)$0.278524-0.51%
  • staked-etherLido Staked Ether(STETH)$2,923.35-0.99%
  • dogecoinDogecoin(DOGE)$0.124357-3.48%