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Nalezeno "cbdc": 3177

UK Finance: Digital Pound Holdings Should Be Limited to £5,000 to Avoid Panic

4.7.2023
U.K. Finance, one of the largest finance membership organizations in the U.K., has issued its recommendations to the Bank of England regarding the issuance of a digital pound. The organization stated that individual holdings of the proposed central bank digital currency (CBDC) should be capped...

EU finalizes Data Act with a kill switch for smart contracts: Law Decoded, June 27–July 3

3.7.2023
European Union lawmakers have agreed to move ahead with the controversial European Data Act, which has previously drawn criticism from the crypto community

Surveys Reveal Strong CBDC Skepticism in Canada and UK

3.7.2023
Surveys conducted in Canada and the UK demonstrate that skepticism towards central bank digital currencies (CBDCs) is prevalent across the globe. According to recent studies conducted by Trezor and WealthRocket, people in both Canada and the UK have reservations about embracing CBDCs as...

Latam Insights — Argentina Settles IMF Payment in Yuan; Brazilian CBDC to Be Launched in 2024

3.7.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue, Argentina settles part of its $44 billion debt with the International Monetary Fund (IMF) using the Chinese yuan, Central Bank of Brazil officials estimate...

Jinan, China: All Our Buses Accept Digital Yuan – And CBDC Customers Get Discounts

3.7.2023
Jinan, China, says all of its bus routes now accept digital yuan pay, and will incentivize adoption by granting discounts to central bank digital currency (CBDC)-paying passengers. Per the news outlet Shunwang-Jinan Daily (via e23), the city said that all of its bus routes’ software and card...

Six Clovers Unveils Versal Network for Cross-Border Crypto Payments in Stablecoins and CBDCs

2.7.2023
On June 29, Six Clovers, a company founded by former PayPal business and technology leaders Jim Nguyen and Nas Kavian, introduced the Versal Network on Sui blockchain. This decentralized global payments network aims to streamline cross-border transactions for businesses worldwide. By utilizing...

FedNow “early adopter” list contains no blockchains, but some may integrate later

1.7.2023
Two blockchain networks had previously announced integration with the Fed’s instant payment service, but they were not found on a new list of certified providers

Is Fednow the First Step Towards a Central Bank Digital Currency? Speculations Rise Ahead of Launch

30.6.2023
In recent days, there has been a buzz surrounding the upcoming debut of the U.S. Federal Reserve’s Fednow project, slated for July 1, 2023. The discussions surrounding this topic have sparked speculation about whether this marks the central bank’s inaugural foray into a central bank...

CBDCs aren't about solving today's problems — Australia's CBDC lead

30.6.2023
Dilip Rao, a former Ripple executive who's now leading Australia’s CBDC pilot has been examining 14 possible use cases of central bank digital currencies

Today in Crypto: Germany's Financial Watchdog Reportedly Decides Against Granting Binance a Custody License, Binance to Lose Support of Its Euro Banking Partner, Slovakia Reduces Crypto Taxes

29.6.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________... Read More: Today in Crypto: Germany's Financial Watchdog Reportedly Decides Against Granting Binance a Custody License, Binance...

ECB to Start Wholesale CBDC Settlement Trials in 2024

29.6.2023
The central bank wants to see innovative interventions in financial markets – but under existing rules

BIS, 3 central banks look at DeFi technology for wCBDC FX in interim project report

28.6.2023
Project Mariana uses an automated market maker to reduce settlement risk and to create a liquidity pool in place of order books

Bank of England's CBDC 'Britcoin' May Not Rely on Blockchain

28.6.2023
The Bank of England is still mulling over which technology will underpin its Central Bank-Backed Digital Currency (CBDC). All other central banks are using Blockchain technology to issue their national digital currencies. However, the Bank of England has not decided on it yet. The head of...

Swiss Central Bank to Launch Wholesale CBDC Soon Says Chairman Thomas Jordan

28.6.2023
The Swiss National Bank (SNB) said it plans to issue a wholesale central bank digital currency as a pilot via SIX Digital Exchange, a subsidiary of SIX, an operator of infrastructure for the Swiss and Spanish financial centers. SNB chairman Thomas Jordan said while the Central Bank has not ruled...

EU Publishes Digital Euro Bill Featuring Privacy Controls, Offline Guarantee

28.6.2023
Officials want a digital payment system available to “everyone, everywhere, for free.”

Shanghai Clearing House Introduces Support for Digital Yuan Settlements

28.6.2023
The Shanghai Clearing House, Asia’s first counterparty clearing institution, announced support for payments made with the digital yuan Monday. According to reports, the move will allow companies to settle transactions for commodities in bulk, promoting the digital yuan, the Chinese central...

Swiss Central Bank to Launch Real-World CBDC Pilot

27.6.2023
The chairman of Swiss Central Bank,Thomas Jordan, has announced that the central bank is launching a wholesale CBDC on Switzerland's SIX digital exchange as part of a pilot. In a conference at Zurich on Monday, the Swiss central bank chair said that the project would begin soon, Reuters...