French central bank pilots blockchain-based CBDC for debt market
Led by Belgian financial services firm Euroclear, the latest French CBDC trial involved a system by tech giant IBM. Go to Source Powered by WPeMatico
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Ghana to explore offline transactions for upcoming CBDC
Offline CBDC functionality will help bring financial services to Ghanans who lack access to bank accounts or an internet connection. Go to Source Powered by WPeMatico
Law Decoded: Best regulation is self-regulation, Oct. 11–18
As the crypto space gets all worked up by the impending launch of Bitcoin exchange-traded funds, the captains of the industry take it upon themselves to offer sketch the designs of future regulatory regimes. Go to Source Powered by WPeMatico
Asian CBDC projects: What are they doing now?
Governments in Asia are quickly researching or implementing CBDCs. What does this mean for the region’s overdependence on the U.S. dollar? Go to Source Powered by WPeMatico
Japan will prioritize simplicity in CBDC design, says central bank executive
The Bank of Japan is keen to ensure seamless integration of its central bank digital currency with the existing payment architecture. Go to Source Powered by WPeMatico
G7 Finance Ministers and Bankers Adopt Guidelines for Central Bank Digital Currencies
Any digital currency issued by a central bank must support financial and monetary stability, finance leaders from G7 member states have insisted. State-issued coins should also ensure privacy, transparency, and data protection, the officials stated. The forum adopted 13 public policy principles for retail digital currencies and stressed that “CBDCs are not ‘cryptoassets.’” CBDCs Must … Read more
Digital Pound Foundation launches to promote CBDC development in the UK
The think tank wants to ensure the United Kingdom keeps pace with the developments in the emerging digital landscape. Go to Source Powered by WPeMatico
G7 leaders issue central bank digital currency guidelines
Financial leaders from the G7 agree that CBDCs would complement cash and should not be detrimental to the monetary system. Go to Source Powered by WPeMatico
Law Decoded: Putting your Bitcoin where your mouth is, Oct. 4–11
Debt ceiling uncertainty erodes trust in the dollar, DOJ announcements the National crypto enforcement team, SEC investigates Circle. Go to Source Powered by WPeMatico
Nigeria Central Bank Governor Says CBDC Launch Just ‘a Couple of Days’ Away
The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has confirmed the country’s upcoming digital currency will be launched “in a couple of days from now.” According to the governor, the digital currency which is also known as the e-naira will be the first of its kind in Africa. Nigeria to Launch CBDC … Read more
