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Australia, Canada and Colombia were right to pause CBDC plans
10.10.2024
Maybe CBDCs are less inevitable than some people think
Ripple Wins Platinum for Best Cross-Border Payments Platform at Future Digital Awards 2024
10.10.2024
Ripple has been named a Platinum Winner for Best Cross-Border Payments Platform in Juniper Research’s 2024 Future Digital Awards for Fintech & Payments. Other winners included Huawei for mobile money, SAP Fioneer for banking-as-a-service, and Paymentology for embedded finance...
Brazilian CBDC Drex Envisioned to Replace Current Transaction System
9.10.2024
Fabio Araujo, the coordinator of Drex, the Brazilian CBDC, envisions this network substituting the current national transaction system and moving all the funds currently settled by the Reserve Transfer System. However, he stated that this would take some time, as the cost of this migration would...
Brazil tests DeFi elements, compatibility in Drex CBDC pilot
4.10.2024
Brazil’s central bank is developing a synthetic central bank digital currency, which aims to blend decentralization, privacy and programmability
Banks to join SWIFT digital asset trials in 2025
3.10.2024
SWIFT said it is uniquely positioned to interlink the fragmented digital asset landscape with its upcoming digital currency trials in 2025
John Deaton vows to fight federal CBDC, calls it ’a hill to die on’
28.9.2024
John Deaton has discussed his stance on US Federal Reserve CBDCs, regulatory clarity and government accountability in his Senate run
John Deaton vows to fight federal CBDC, calls it ’a hill to die on’
28.9.2024
John Deaton discusses his stance on the Federal Reserve CBDCs, regulatory clarity, and government accountability in his Senate run
Canada's CBDC Departure Risks Web3's Interoperable Future
26.9.2024
A lack of interoperability poses an existential threat to central bank digital currencies, as it does to Web3 itself, says Temujin Louie, CEO of Wanchain
Country-wide Bitcoin adoption a mixed bag for national economies
26.9.2024
Country-wide Bitcoin adoption could boost financial inclusion and trade, but challenges like volatility and regulatory hurdles might create mixed economic impacts.
Hong Kong CBDC Pilot Enters Phase 2 With New Firms to Advance Digital Currency Use Cases
26.9.2024
The Hong Kong Monetary Authority (HKMA) has moved into Phase 2 of its e-HKD pilot program, expanding its exploration into tokenized deposits and e-HKD. With 11 groups of firms selected, the initiative delves into practical applications such as offline payments and asset settlement. The creation...
Bank of Canada Redirects Efforts Away From Retail CBDC
23.9.2024
The Bank of Canada has announced a strategic shift away from developing a retail Central Bank Digital Currency (CBDC) to focus on broader payments system research and policy development. This decision follows a public consultation in 2023, which revealed significant privacy concerns among...
Hong Kong’s e-HKD project expands into tokenization, programmability
23.9.2024
The Hong Kong Monetary Authority is looking at a potential CBDC from a wide perspective
Hong Kong’s e-HKD project expands into tokenization, programmability
23.9.2024
The Hong Kong Monetary Authority is looking at a potential CBDC from a wide perspective
Canada Moves Away From Retail CBDC, Shifts Focus to Broader Payments
23.9.2024
Canada is shifting its focus away from a retail central bank digital currency after years of research, its central bank announced last week
Bank of Korea to Launch CBDC Payment Trial in Supermarkets
22.9.2024
South Korea’s central bank, the Bank of Korea, will soon allow participants to use digital tokens for payments at supermarkets and convenience stores in a central bank digital currency (CBDC) trial. Starting in December, 100,000 participants will be part of this test. Retail partnerships...
IMF staff propose REDI framework to catalyze CBDC adoption
22.9.2024
IMF staff members introduced a high-level four stage framework, emphasizing regulation, education, design, and incentives to enhance CBDC adoption
Bank of Canada just says no to retail CBDC in reshuffling of priorities
20.9.2024
Regulating and speeding up payments without a CBDC are more important to the Canadian central bank
Bank of Canada just says no to retail CBDC in reshuffling of priorities
20.9.2024
Regulating and speeding up payments without a CBDC are more important to the Canadian central bank
Australian Central Bank Prioritizes Wholesale CBDC
19.9.2024
The Australian Central Bank is focusing on a wholesale central bank digital currency (CBDC) due to its potential economic benefits compared to a retail CBDC. The Reserve Bank of Australia (RBA) has launched Project Acacia, a three-year plan to explore wholesale CBDC opportunities. While the RBA...
Cardano founder to meet Argentina president Javier Milei
19.9.2024
In a meeting planned with Argentina president Javier Milei, Charles Hoskinson wants to discuss how blockchain can rewrite global economic and political systems