Federal Reserve of San Francisco hiring crypto architect for CBDC project
San Francisco’s Federal Reserve Bank is seeking a crypto architect for a central bank digital currency (CBDC). Go to Source Powered by WPeMatico
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Nigerian central bank adds NFC upgrade to eNaira for contactless payments
The central bank reportedly emphasized that the addition of NFC technology will play a crucial role in boosting the adoption rates for the CBDC. Go to Source Powered by WPeMatico
Digital yuan integration introduced to Chinese business air travel
The Civil Aviation Administration and China Merchants Bank said passengers will be able to utilize the digital currency to access new services via this platform. Go to Source Powered by WPeMatico
South Korean central bank charts out future course of payment systems, CBDC
The BOK 2022 Payment and Settlement Systems Report is a forward-looking document with ambitious plans for financial technology in the country. Go to Source Powered by WPeMatico
Russian CBDC by 2025? What’s happening with the digital ruble
2025–2027 might still seem far away, but the Central Bank of Russia is preparing its CBDC for mass adoption by then. Go to Source Powered by WPeMatico
Ron DeSantis vows to ban CDBCs in the US if elected president
Speaking at the Family Leadership Summit on July 14, DeSantis promised to ban CBDCs in the United States if he is elected president. Go to Source Powered by WPeMatico
United Kingdom’s digital pound meets public backlash — Why?
The use of physical currency for transactions is plummeting globally, so why is the U.K. so tentative with its own central bank digital currency? Go to Source Powered by WPeMatico
Bank of China trials offline payments for digital yuan via SIM cards
The bank plans to enable users to make phone payments by integrating its e-CNY app with specialized “super SIM cards” that have near-field communication capabilities. Go to Source Powered by WPeMatico
Russian parliament passes a “digital rouble” bill
Document faces confirmation in the higher chamber of Russian parliament and, afterward, the President’s signature. Go to Source Powered by WPeMatico
BIS gives CBDCs a thumbs up, crypto the middle finger in reports to G20 ministers
G20 finance ministers and central bank governors are meeting this month, and the Bank for International Settlements has findings to present. Go to Source Powered by WPeMatico