Law Decoded: Bank payments going global with stablecoins and CBDCs, Jan. 15–22
Retail users may have to wait in much of the world, however. Go to Source Powered by WPeMatico
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Sweden is working with DLT for its CBDC proof-of-concept
Sweden’s central bank deputy governor recently updated the public on the country’s CBDC exploration. Go to Source Powered by WPeMatico
Bank of France settles $2.4M fund in central bank digital currency pilot
The Bank of France processed $2.4 million worth of fund units using a CBDC in December as part of ongoing experiments into blockchain and stablecoin technology. Go to Source Powered by WPeMatico
China’s blockchain project BSN to pilot global CBDC system in 2021
China is building a new system to integrate international central bank digital currencies as part of its national blockchain project, the BSN. Go to Source Powered by WPeMatico
ECB president Lagarde renews calls for global regulation of Bitcoin
In a recent interview, Lagarde said that Bitcoin has been used to conduct “funny business” and “totally reprehensible money laundering activity.” Go to Source Powered by WPeMatico
Digital ruble could be still vulnerable to fraud, Russian banks warn
The Association of Russian Banks is worried about regulators being unable to track illicit transactions of an offline-enabled digital ruble. Go to Source Powered by WPeMatico
Russia’s Central Bank tries to stem the tide of rubles leaving bank accounts
With the declared intent of reducing risk, the moves look to cut new investors off from opportunities to get out of the ruble. Go to Source Powered by WPeMatico
Selected Shenzhen residents to get lottery ‘red envelopes’ with digital yuan
Winners of the city’s lottery will have 10 days to spend their gifted digital currency, at any of 10,000 supported merchants. Go to Source Powered by WPeMatico
Did CBDCs affect the crypto space in 2020, and what’s next in 2021? Experts answer
CBDCs are one of the major topics in crypto this year, and the experts that Cointelegraph spoke to have a lot to say about it. Go to Source Powered by WPeMatico
Russia’s central bank digital currency: Prospects and problems
The digital ruble will, most likely, take the place of other forms of money, but the intrigue is which ones: non-cash or cash? Go to Source Powered by WPeMatico