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3232CBDC Debate Heats Up: BIS Project Sparks Controversy Among Critics; Lynette Zang Warns of Dangers of CBDCs
https://www.digit.info/cbdc-debate-heats-up-bis-project-sparks-controversy-among-critics-lynette-zang-warns-of-dangers-of-cbdcs/
Sun, 16 Apr 2023 19:30:05 +0000https://www.digit.info/2023/04/16/cbdc-debate-heats-up-bis-project-sparks-controversy-among-critics-lynette-zang-warns-of-dangers-of-cbdcs/Read more]]>During the weekend, discussions about central bank digital currencies, or CBDCs, trended on social media as many people believe the idea will result in increased financial surveillance and a totalitarian monetary system. In a recent interview, Lynette Zang, the chief market analyst at ITM Trading, warned that CBDCs will “take the world into a full […]
]]>BIS Releases Report On ‘Project Icebreaker’ — Develops Cross-Border Retail CBDC Payment Model
https://www.digit.info/bis-releases-report-on-project-icebreaker-develops-cross-border-retail-cbdc-payment-model/
Wed, 08 Mar 2023 08:30:43 +0000https://www.digit.info/2023/03/08/bis-releases-report-on-project-icebreaker-develops-cross-border-retail-cbdc-payment-model/Read more]]>The Bank for International Settlements (BIS) has released a report summarizing the “Project Icebreaker” trial, which explored the potential advantages and difficulties of utilizing a retail central bank digital currency (CBDC) in cross-border payments. The experiment was designed to test “the technical feasibility of conducting cross-border – cross-currency transactions between different [distrubuted ledger technology]-based CBDC […]
During the weekend, discussions about central bank digital currencies, or CBDCs, trended on social media as many people believe the idea will result in increased financial surveillance and a totalitarian monetary system. In a recent interview, Lynette Zang, the chief market analyst at ITM Trading, warned that CBDCs will “take the world into a full […]
The Bank for International Settlements (BIS) has released a report summarizing the “Project Icebreaker” trial, which explored the potential advantages and difficulties of utilizing a retail central bank digital currency (CBDC) in cross-border payments. The experiment was designed to test “the technical feasibility of conducting cross-border – cross-currency transactions between different [distrubuted ledger technology]-based CBDC […]