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FedNow “early adopter” list contains no blockchains, but some may integrate later

June 30, 2023 by DIGIT

Two blockchain networks had previously announced integration with the Fed’s instant payment service, but they were not found on a new list of certified providers. Go to Source Powered by WPeMatico

Categories CBDC, Fednow, metal blockchain, tassat

CBDCs aren’t about solving today’s problems — Australia’s CBDC lead

June 30, 2023 by DIGIT

Dilip Rao, a former Ripple executive who’s now leading Australia’s CBDC pilot has been examining 14 possible use cases of central bank digital currencies. Go to Source Powered by WPeMatico

Categories Australia, australian, CBDC, cbdc uses, DFCRC, Dilip Rao, pilot, use case

BIS, 3 central banks look at DeFi technology for wCBDC FX in interim project report

June 28, 2023 by DIGIT

Project Mariana uses an automated market maker to reduce settlement risk and to create a liquidity pool in place of order books. Go to Source Powered by WPeMatico

Categories BIS, CBDC, France, Singapore, Switzerland

Digital pound will be pseudonymous with a focus on privacy: BoE CBDC chief

June 27, 2023 by DIGIT

The underpinning technology for the UK CBDC could use a different ledger than the popular blockchain technology. Go to Source Powered by WPeMatico

Categories Bank of England, CBDC, Digital Currency

Swiss central bank announces plans for wholesale CBDC pilot with ‘real money’: Report

June 26, 2023 by DIGIT

Thomas Jordan, head of the Swiss National Bank, announced the project at a conference in Zurich; bank still feels “prudent” about a retail CBDC, though. Go to Source Powered by WPeMatico

Categories CBDC, Swiss National Bank, Switzerland

How could the Chinese economic crisis impact Bitcoin and crypto?

June 26, 2023 by DIGIT

Cointelegraph analyst and writer Marcel Pechman explains how China’s economic weakness and Turkey’s interest rate hikes could impact the cryptocurrency market. Go to Source Powered by WPeMatico

Categories Bitcoin Price, CBDC, China, ETF, interest rates, Market Analysis, Turkey

Issuing digital euro, or ‘Cash+,’ is probably a duty, French central banker says

June 22, 2023 by DIGIT

François Villeroy de Galhau tried to soft sell the proposed euro CBDC to commercial bankers, emphasizing collaboration and the CBDC’s advantages. Go to Source Powered by WPeMatico

Categories CBDC, ECB, Euro, Europe, European Union, France

BIS releases unified ledger proposal for cross-border, tokenized asset transactions

June 20, 2023 by DIGIT

Like the IMF’s single ledger proposal released a day earlier, BIS’ unified ledger uses familiar concepts, such as tokenization, without the blockchain. Go to Source Powered by WPeMatico

Categories BIS, CBDC, Digital Asset, DLT, IMF, Ledger

Fear of a digital euro prompts Slovakia to add cash rule to constitution

June 19, 2023 by DIGIT

Slovakia’s parliament passed a measure to amend its constitution to codify the right of its citizens to pay for goods and services with cash. Go to Source Powered by WPeMatico

Categories CBDC, Central Bank, Digital Currency, Euro, Europe, European Union, Slovakia

IMF envisions ‘new class’ of cross-border payment platform with single ledger

June 19, 2023 by DIGIT

The XC platform could operate domestically using tokenized assets, including deposits, with or without CBDCs. Go to Source Powered by WPeMatico

Categories AML, CBDC, IMF
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  • bitcoinBitcoin(BTC)$90,407.00-0.54%
  • ethereumEthereum(ETH)$3,081.73-1.06%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.09-2.12%
  • binancecoinBNB(BNB)$906.311.17%
  • solanaSolana(SOL)$135.77-2.75%
  • usd-coinUSDC(USDC)$1.000.01%
  • tronTRON(TRX)$0.2979831.35%
  • staked-etherLido Staked Ether(STETH)$3,080.59-1.11%
  • dogecoinDogecoin(DOGE)$0.139536-2.14%