Brazilian CBDC gets official name and logo
Previously commonly referred to as “digital real”, Brazilian central bank digital currency gets its official brand name. Go to Source
CBDC
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CBDC supporter likely in White House next term, crypto divide not red v. blue: Grayscale
The crypto asset manager took a look at the leading U.S. presidential candidates’ positions and did not see a partisan divide. Go to Source Powered by WPeMatico
Bank of Russia presents digital ruble’s logo and commission fees
From 2025 B2B transactions will cost $0,16 each, while individual customers will pay 0.3% of the total transaction sum when transferring to commercial accounts. Go to Source Powered by WPeMatico
Digital Dollar Project completes CBDC retail remittance pilot with Western Union
The project simulated transfers to customers of BDO Unibank in the Philippines with improved settlement time, cost and transparency. Go to Source Powered by WPeMatico
MIT Digital Currency Initiative introduces at-scale, programmable CBDC platform
PARSEC (Parallelized Architecture for Scalably Executing Smart Contracts) runs on the ERC-20 standard, so it could have other applications too. Go to Source Powered by WPeMatico
Nigeria’s SEC warns against trading on Binance
The Commission insists that the platform doesn’t have a license to work in the country and hence its operation is illegal. Go to Source Powered by WPeMatico
South Korea to pilot CBDC in one of these three cities, not Seoul
South Korea pushes forward with its CBDC pilot and targets three potential test regions for issuing and distributing the digital currency. Go to Source Powered by WPeMatico
Chinese, Indian investment professionals show strong support for CBDC in new survey
The CFA Institute asked members around the world how they felt about CBDCs. Their responses might surprise the crypto community. Go to Source Powered by WPeMatico
Existential threat? Why some banks are anxious about CBDCs
The prospect of a retail CBDC has some major banks anxious over their revenue streams. Go to Source Powered by WPeMatico
USD-backed stablecoin pilot project launched by Pacific island nation of Palau
The Palau Stablecoin, or “Kluk,” will be minted on XRP Ledger using the Ripple CBDC Platform and will be distributed first to government employees. Go to Source Powered by WPeMatico
