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Nalezeno "CZ CBDC": 3342

Russian Lawmakers Urge Central Bank to Rethink Digital Ruble Plans

20.11.2023
Source: Alex Zarubi/Unsplash Russian lawmakers want the country’s Central Bank to ditch its current retail model digital ruble in favor of a wholesale alternative. Per Interfax, three State Duma committees submitted a joint response to the Central Bank’s monetary policy report for 2024-2026....

Ripple’s James Wallis underscores CBDCs’ role in breaking financial barriers

19.11.2023
Wallis clarifies that financial inclusion aims to extend financial services to individuals worldwide, especially those with low incomes and no ties to financial institutions

People’s Bank of China Tests Digital Yuan Payment Integration in Hong Kong

18.11.2023
The People’s Bank of China (PBOC) and the Hong Kong Monetary Authority (HKMA) are in the second phase of the integration tests of the digital yuan for payments and cross-border transactions in Hong Kong. This new phase includes more banks and the ability to use the Fast Payment System to...

IMF Chief Says Central Bank Digital Currencies Can Replace Cash — Urges Public Sector to Prepare for CBDC Deployment

18.11.2023
International Monetary Fund (IMF) Managing Director Kristalina Georgieva says central bank digital currencies (CBDCs) can replace cash. She has urged the public sector to “keep preparing to deploy CBDCs and related payment platforms,” emphasizing that these platforms “should...

CBDCs Like a Digital Dollar Face Doubts Without Privacy Protections, Key Organization Finds

17.11.2023
A study found that privacy increases participants’ willingness to use a CBDC by up to 60% when purchasing privacy-sensitive products

CBDC’s Not Yet Ready for Mainstream, Says Mastercard Expert

17.11.2023
Source: Pixabay / AKuptsova Mastercard’s expert Ashok Venkateswaran has expressed skepticism about the current viability of widespread central bank digital currencies (CBDC), claiming that the broad adoption of CBDC could be “difficult,” according to CNBC. Venkateswaran, Mastercard’s Blockchain...

Singapore central bank to trial live wholesale CBDC for settlements

17.11.2023
The Monetary Authority of Singapore has unveiled its plan to launch a live wholesale CBDC used for settlements by local banks

German Parliament member ’staunch opponent' of digital Euro, all in on Bitcoin

16.11.2023
EU lawmakers are anticipating the arrival of the digital euro, though German politician Joana Cotar is pushing back against the currency and fighting in favor of Bitcoin

Singapore’s Monetary Authority to Expand Wholesale CBDC Pilots

16.11.2023
Source: Pixabay Singapore’s central bank, The Monetary Authority of Singapore (MAS) has unveiled plans to start live Central Bank Digital Currency (CBDC) wholesale pilots and efforts to expand the framework. On Nov 16, the financial authority released plans for a safe an innovative use of digital...

Singapore Central Bank to Start 'Live' Wholesale CBDC Trials

16.11.2023
The trials are part of a broader initiative to test digital money, including tokenization of banking assets

CBDC Milestone: Kazakhstan’s Central Bank Introduces Digital Tenge in Pilot Phase

16.11.2023
Source: Adobe/Сергей Шиманович The National Bank of Kazakhstan has initiated a pilot phase for its central bank digital currency (CBDC), becoming the latest bank to jump on the CBDC craze. In a recent announcement, the bank said the pilot phase started with the first retail payment using...

Kazakhstan’s NPC Officially Rolls Out State-backed CBDC in Partnership With Visa and Mastercard

15.11.2023
Source: Iliya Mitskavets/Adobe Central-Asia Country Kazakhstan has officially launched the digital tenge project, a central bank digital currency (CBDC) designed to simplify payments and drive economic growth. According to a local news outlet report on November 15, Binur Zhalenov, CEO of...

The Subtle Art of Slow: The CBDC Adoption Journey

15.11.2023

Bank of America: CBDC Adoption Grows Globally, but Digital Dollar Not Imminent

15.11.2023
Source: iStock/E_Y_E The United States is working on a digital dollar but is unlikely to actually launch one anytime soon, according to Bank of America. In a Monday report, analysts led by Alkesh Shah said that central banks for 67% of countries are exploring central bank digital currencies...

CBDCs Good for Payments, Even With Competition: IMF

15.11.2023
The International Monetary Fund's planned CBDC handbook offers guidance for policymakers on how to explore digital versions of sovereign currencies

Kazakhstan Central Bank Marks Digital Tenge Pilot With First Retail Payment

15.11.2023
The National Bank of Kazakhstan plans to implement a digital tenge by the end of 2025

IMF Director Urges Institutions to Look Toward CBDCs, Highlights Cross-border Utility

15.11.2023
Source: AdobeStock / Kristina Blokhin The managing director of the International Monetary Fund (IMF) Kristalina Georgieva has publicly praised the deployment of Central Bank Digital Currencies (CBDCs) by more countries. Speaking at the Singapore FinTech Festival, on the theme “Financial Inclusion...