ECB to consider further digital euro study in 2021
The report is only the start of the discussion and raises more questions before officially studying the digital euro. Go to Source Powered by WPeMatico
CBDC
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Estonian central bank to conduct digital currency research
They’re following other central banks, including the European Central Bank, into studying virtual currencies. Go to Source Powered by WPeMatico
ConsenSys wins contract for Thailand-Hong Kong CBDC project
Following a successful research phase between the two central banks, Consensys will develop a proof-of-concept for cross-border interbank blockchain payments. Go to Source Powered by WPeMatico
European central bank execs are wrong — Intentionally or unknowingly?
Banking will not become decentralized, but with blockchain, it will become accountable for both banks and clients. Go to Source Powered by WPeMatico
US Federal Reserve Actively Working on Digital Dollar
The Federal Reserve Board of Governors and several Federal Reserve Banks are actively working on the digital dollar. Legislation has proposed that each American could have an account at the Fed for transacting in the central bank digital currency. Several Digital Dollar Initiatives The president of the Federal Reserve Bank of Cleveland, Loretta J. Mester, … Read more
A minster’s look at regulation and innovation: A necessity to strike a balance
Without constant nurturing through communication and collaborative efforts, the pursuits of legislators and businesses would be fruitless. Go to Source Powered by WPeMatico
Most Americans are against a digital dollar CBDC, survey reveals
U.S. citizens appear to be opposed to a digital dollar despite expressing concerns over the existing financial system. Go to Source Powered by WPeMatico
Federal Reserve Bank reveals details of digital dollar research
The Federal Reserve Bank has been exploring digital currencies to modernize the U.S. payments sector. Go to Source Powered by WPeMatico
JD.com’s fintech wing partners with PBoC on digital currency projects
China’s e-commerce giant will reportedly help develop apps that support the forthcoming digital renminbi. Go to Source Powered by WPeMatico
European central bank execs explain why CBDCs don’t need blockchain
Before trying to apply blockchain to anything, think why. Go to Source Powered by WPeMatico
