CBDC lays foundation for new global monetary system: French Central Bank
First Deputy Governor at Banque de France calls the central bank digital currency “the catalyst for improving cross-border payments.” Go to Source
CBDC
Auto Added by WPeMatico
Georgia preparing limited live CBDC pilot, considering Ripple among tech providers
As the country is considered for EU membership, the digital lari is seen as providing interoperability with a digital euro while preserving monetary freedom. Go to Source
France, Singapore and Switzerland test cross-border CBDCs
Project Mariana was developed under the aegis of the Bank for International Settlements. Go to Source
Brazil’s crypto surge prompts central bank to tighten regulation
According to the central bank’s data, from January to August 2023, imports of crypto rose by 44.2% compared with the same period in 2022. Go to Source
CBDC frameworks must guard user privacy, monetary freedom — BIS chief
BIS general manager Agustín Carstens stresses the importance of legal frameworks that protect CBDC users’ privacy and maintain monetary freedom. Go to Source
mBridge CBDC project preparing for new members, launch of minimum viable product
The project now includes central and commercial banks of China, Hong Kong, Thailand and the UAE. Future new members were not identified. Go to Source
Redefining Money: America’s digital currency dilemma
As the United States House Financial Services Committee looks to further impede the introduction of a digital dollar, where does this resistance to a CBDC stem from? Go to Source
U.S. Anti-CBDC bill moves a step closer to passing
The “CBDC Anti-Surveillance State Act,” aimed at preventing the Federal Reserve from issuing a central bank digital currency, has passed the House Financial Services Committee. Go to Source
International financial group finds gaps in digital euro legislative package
The Institute of International Finance looked at seven areas where digital euro legislation, which is being developed alongside the technology, is lacking. Go to Source
US Democrats speak up for CBDC global leadership, Republicans fear ‘dark side’
Despite approaching the issue from vastly different angles, the two sides were able to agree on a few basics as the bill passed out of committee. Go to Source