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Digital pound will be pseudonymous with a focus on privacy: BoE CBDC chief
27.6.2023
The underpinning technology for the UK CBDC could use a different ledger than the popular blockchain technology
Swiss central bank announces plans for wholesale CBDC pilot with ‘real money’: Report
26.6.2023
Thomas Jordan, head of the Swiss National Bank, announced the project at a conference in Zurich; bank still feels “prudent” about a retail CBDC, though
How could the Chinese economic crisis impact Bitcoin and crypto?
26.6.2023
Cointelegraph analyst and writer Marcel Pechman explains how China’s economic weakness and Turkey’s interest rate hikes could impact the cryptocurrency market
The importance of ‘ghost rate’ in gauging meaningful adoption
26.6.2023
Ghost Rate is not just a metric; it's imperative for brands seeking to tap into the transformative potential of blockchain technology
Economist Jim Rickards Warns of a CBDC-Supported Social Credit System in the US: ‘It Can Happen Here’
26.6.2023
Jim Rickards, an economist and investment banker, has warned about the establishment of a social credit system powered by the issuance of a central bank digital currency (CBDC). According to Rickards, this combination could be used to restrict the civil liberties of Americans by limiting their...
Latam Insights — IMF States Latam’s CBDC Interest Rises, Lula Emphasizes Bretton Woods Institutions ‘No Longer Function’
26.6.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue, the International Monetary Fund (IMF) reports interest in central bank digital currencies (CBDC) in Latam and the Caribbean is picking up, Lula criticizes...
Brazilian Central Bank Adds Crypto Exchange Mercado Bitcoin in CBDC Pilot Including Mastercard
23.6.2023
The approved consortium includes Mastercard, broker Genial, registrar Cerc and financial software fintech Sinqia as partners
Crypto Ban May Not Be Best Approach to Balance Risk, Demand: IMF
23.6.2023
The IMF recommended that countries focus on addressing the drivers of crypto demand and unmet digital payment needs in a post
Issuing digital euro, or ‘Cash+,’ is probably a duty, French central banker says
22.6.2023
François Villeroy de Galhau tried to soft sell the proposed euro CBDC to commercial bankers, emphasizing collaboration and the CBDC’s advantages
Monetary Authority of Singapore Proposes Protocol for Digital Money, Includes CBDCs and Stablecoins
21.6.2023
Singapore’s central bank has proposed a whitepaper on purpose-bound money (PBM), a protocol that will define benchmarks for the use of digital money including central bank digital currencies (CBDCs) and stablecoins. ...
Read More: Monetary Authority of Singapore Proposes Protocol for Digital Money...
Central Banks Propose CBDC, Stablecoin Standards With Amazon, Grab Running Trials
21.6.2023
The Monetary Authority of Singapore (MAS), in collaboration with the IMF and other central banks, is proposing common conditions for retail payments with digital money on a distributed ledger
International Central Bank Group BIS: Global Financial System Could Benefit from Unified CBDCs
21.6.2023
A unified electronic ledger, combining central bank digital currencies (CBDCs) and other tokenized assets, has the potential to enhance the global financial system, according to a report by the Bank for International Settlements (BIS).
The proposed ledger would leverage automated smart contracts...
Right to Pay With Cash Enshrined in Constitution of Slovakia Amid Digital Euro Fears
21.6.2023
A member of the eurozone is amending its constitution in order to guarantee citizens the right to cash payments. The move comes amid growing fears that a digital version of the common European currency may eventually become the only means of payment in the eurozone, despite currently being touted...
Digital Euro: The Bill Is Ready but Politicians Aren’t Convinced
21.6.2023
A plan to legislate for the central bank digital currency may still be on track for publication, but there is still significant political skepticism about the purpose
IMF Working on Platform to Support CBDC Cross-Border Interoperability
21.6.2023
The International Monetary Fund (IMF) is working to develop a platform that would serve as an interoperability layer for central bank digital currencies (CBDCs), allowing for settlements among different countries. According to statements from IMF Managing Director Kristalina Georgieva, this would...
Bank of England Project Finds CBDCs Could Introduce 'Programmability' to Money
20.6.2023
A trial conducted by the Bank of England (BoE) and the Bank for International Settlements (BIS) Innovation Hub has highlighted the potential central bank digital currencies (CBDCs) have for introducing “programmability” to money....
Read More: Bank of England Project Finds CBDCs Could Introduce...
BIS releases unified ledger proposal for cross-border, tokenized asset transactions
20.6.2023
Like the IMF’s single ledger proposal released a day earlier, BIS' unified ledger uses familiar concepts, such as tokenization, without the blockchain
IMF's CBDC push gets feedback from the crypto community: 'No one wants this'
20.6.2023
A community member described CBDCs as a “dystopian nightmare” and argued that it will give governments complete control over an individual
Unified Ledger for CBDCs, Tokenized Assets Could Enhance Global Financial System: BIS
20.6.2023
“This would be a game-changer in how we think about money and how transactions take place,” said the central bank group’s Head of Research Hyun Song Shin
Tokenization Could be a $5T Opportunity Led by Stablecoins and CBDCs: Bernstein
20.6.2023
About 2% of global money supply, via stablecoins and CBDCs, could be tokenized over the next five years, which is about $3 trillion, the report said