South Korea to Review Legal Issues Surrounding Potential CBDC Launch
The Bank of Korea has tapped six experts to assess possible legal issues surrounding the launch of a central bank digital currency. Go to Source Powered by WPeMatico
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China Could Roll Out Its CBDC Without Anyone Realizing
Ledger’s Glen Woo believes that China’s central bank digital currency could be deployed using existing payment rails without citizens noticing the change. Go to Source Powered by WPeMatico
Blockchain Firm Pitches CBDC Operating System to Bank of England
As the monetary impacts of the coronavirus drive discussions surrounding central bank digital currencies, a U.K. blockchain firm has proposed a CDBD system to the Bank of England. Go to Source Powered by WPeMatico
Law Decoded: Dead Men Face No Charges, June 6-12
Blockchain for distributing votes and independent digital dollars take center stage in the this week’s regulation news. Go to Source Powered by WPeMatico
US Financial Services Committee Hearing Discussed the Creation of a ‘Digital Dollar’
On June 11, 2020, the United States Congress Financial Services Committee held a remote hearing about the creation of a “digital dollar.” A number of well known individuals participated including the former Chairman of the U.S. Commodity Futures Trading Commission, Christopher Giancarlo, and members from the Electronic Transactions Association. The Covid-19 outbreak and following panic, … Read more
Congressman Calls Digital Dollar Hearing ‘Encouraging,’ but Look Out for Privacy
Congressman Warren Davidson recaps yesterday’s hearing on the digital dollar, which seemed to reach new consensus across party lines — but the devil is in the details. Go to Source Powered by WPeMatico
Congress Weighs Digital Dollars for Aid After Stalled COVID-19 Stimulus Payments
In the aftermath of disappointingly slow COVID-19 stimulus payments, Congress hears testimony on using digital dollars to upgrade the U.S.’s legacy financial infrastructure. Go to Source Powered by WPeMatico
South Korean Merchants Open to Accepting Digital Yuan
An article published by Yonhap suggests that South Korean merchants are open to accepting digital yuan as a payment method in the near future. Go to Source Powered by WPeMatico
Ghana’s Central Bank Confirms It’s Still Looking to Pilot a Digital Currency
The Bank of Ghana’s first deputy governor says the institution remains committed to piloting a central bank digital currency. Go to Source Powered by WPeMatico
Marshall Islands Seeks to Establish a “Self-Sovereign Identity” With New Blockchain-Based Currency
Joel Telpner reveals some of the steps the Marshall Islands is taking to launch its national digital currency. Go to Source Powered by WPeMatico