Tag: CBDCs
BIS Project Tests CBDCs Directly Settled on Central Bank Balance Sheet
“If central bank money is to go digital, cybersecurity is key,” Andrew Abir, Deputy Governor of the Bank of Israel, which is examining whether to issu [...]
Reject CBDCs, Embrace the Right to Transact
Nothing otherwise illegal is somehow rendered lawful by the right for people to transact freely: bad behavior is still policed, but not through arbitr [...]
CBDCs will gradually displace private banks, says Russian lawmaker
Central bank digital currencies (CBDC) and blockchain technology are likely to displace traditional banks, according to a lawmaker in Russia.Anatoly A [...]
Swift says blockchain integration ‘more plausible’ than unifying CBDCs
Bank messaging network Swift has recently shared a report highlighting how Swift can connect with blockchains and solve the issue of interoperability [...]
Reliance’s Jio Financial to Enter Blockchain and CBDCs: Chairman Mukesh Ambani
"JFS will consolidate its payment infrastructure, with a ubiquitous offering for both consumers and merchants further driving digital adoption for Ind [...]
Mastercard (MA) Deepens Tie to CBDCs as Nations Mull Issuing Central Bank Digital Currencies
CBDCs are not cryptocurrencies, but they’re in the same family. They don’t have to be, but they could be based on a blockchain, the ledger technology [...]
11 potential impacts on crypto and the market from the rise of CBDCs
In June 2023, the Atlantic Council, based in the United States, announced the results of a study on global nations’ interest in and progress toward cr [...]
CBDCs Wrongfully Break Down the Separation Between Money and State
In addition, the accumulation of these funds will allow central banks, with only modest competition, to direct personal loans and mortgages to favored [...]
Existential threat? Why some banks are anxious about CBDCs
In the current climate, which is pretty hostile for the digital assets industry following the failures of 2022, central bank digital currencies (CBDCs [...]
Congressman Warren Davidson calls to ban and criminalize CBDCs
United States Republican Representative Warren Davidson has spoken out against Central Bank Digital Currencies (CBDCs), urging Congress to ban them an [...]
FedNow Service has no relation with CBDCs, Federal Reserve clarifies
The Federal Reserve of the United States clarified that its new service for instant payments between organizations — FedNow Service — has no relation [...]
Ron DeSantis Promises to Ban CBDCs if Elected President
DeSantis in March signed a bill as Florida’s governor to prohibit the use of CBDC’s within his state.
www.coindesk.com [...]
BIS gives CBDCs a thumbs up, crypto the middle finger in reports to G20 ministers
In preparation for a meeting of the G20 finance ministers and central bank governors this month, the Bank for International Settlements Innovation Hub [...]
There could be 24 CBDCs live by 2030
As 93% of the central banks are already conducting research on central bank digital currencies (CBDCs), the uncertainty about this form of digital mo [...]
15 Retail CBDCs Possible by 2030, BIS Study Says
“Global work on CBDCs has made further progress” since last year, the report said, with the work particularly intense in emerging economies where it’s [...]