Hong Kong Steps Up Research Into Central Bank Digital Currency
The Hong Kong Monetary Authority is researching applications for a central bank digital currency and aims to publish results Q1 2020 Go to Source Powered by WPeMatico
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The Hong Kong Monetary Authority is researching applications for a central bank digital currency and aims to publish results Q1 2020 Go to Source Powered by WPeMatico
As President Xi calls to boost blockchain innovation in the country, the Chinese government introduces regulatory bodies while anti-blockchain sentiment is banned. What else is being done to pursue the ambitious plan? Go to Source Powered by WPeMatico
An EU draft law considers issuing a digital currency and banning high-risk crypto projects in the union Go to Source Powered by WPeMatico
Ethereum co-founder and ConsenSys CEO Joe Lubin says he doesn’t see a reason for China’s central bank to implement blockchain for the digital yuan Go to Source Powered by WPeMatico
Twenty-three leading central banks participated in an in-depth survey on their digital currency developments and requirements, including fungibility, convertibility, and availability. They also discussed the timeframe for issuing consumer-ready central bank digital currencies and divulged their greatest concerns about implementing them. Also read: China Ranks 35 Crypto Projects as President Xi Pushes Blockchain The First … Read more
73% of leading global banks state CBDC should be available “under all circumstances” in a new study by IBM and OMFIF Go to Source Powered by WPeMatico
China has been on a roll with a series of crypto-related announcements. President Xi Jinping’s speech to accelerate the development of blockchain technology in China was followed by the passing of a cryptography bill. Meanwhile, China’s Center for Information and Industry Development has continued to evaluate and rank crypto projects, and the central bank is … Read more
Central bank digital currency has become a hot topic among finance ministers and central bankers worldwide, with some G20 countries ahead of the rest on work done toward issuing their own digital currencies. Experts have weighed in on their expectations of when the first G20 digital currency will be introduced. Also read: Central Banks Worldwide … Read more
Central banks can benefit from digital currencies but they don’t necessarily need a blockchain, says Chile’s top central banker Go to Source Powered by WPeMatico
Most often overlooked in the fintech space is the world’s most scalable and private payment system: cash. It is used in every country around the world and despite its much exaggerated demise, according to the G4S Global Cash Report 2018, cash circulation has risen to 9.6% of GDP across developed and emerging market countries since … Read more