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Nalezeno "UK CBDC": 3460

Stablecoins have plentiful machine-payment use cases in absence of euro CBDC: Report

6.3.2023
The Digital Euro Association sees automated micropayments as a way for Europe to maintain its digital competitiveness, once regulations are in place

Nigerians’ Rejection of Their CBDC Is a Cautionary Tale for Other Countries

6.3.2023
Nigerians are protesting their country's CBDC and demanding renewed access to paper money, despite government incentives to use the digital currency

BIS wraps exploration project on retail CBDC payment system

6.3.2023
The bank concluded that a ‘hub-and-spoke’ model between CBDC domestic systems could “reduce settlement and counterparty risk" and complete cross-border transactions in seconds

Today in Crypto: ByBit Announces Card, PancakeSwap to Launch V3 on BNB Chain, Egypt Arrests 29 Scammers, Pakistan Banks' Association to Develop a Blockchain-based KYC Platform

6.3.2023
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: ByBit Announces Card, PancakeSwap to Launch V3 on BNB Chain, Egypt Arrests 29 Scammers, Pakistan Banks'...

BIS Says 'Hub and Spoke' Cross-Border Transfers Offer Benefits for Retail CBDC

6.3.2023
The model explored in Project Icebreaker would offer retail users the best foreign-exchange rates and faster transactions while allowing central banks to keep almost total control of their currencies

Iran completes pre-pilot phase of central bank digital currency

6.3.2023
The Central Bank of Iran progresses with CBDC development in anticipation of the Bank of Russia’s governor Elvira Nabiullina’s visit

Pakistan banks agree on blockchain-based KYC system development

6.3.2023
The blockchain-based national eKYC banking platform is aimed at strengthening anti-money laundering (AML) capabilities while countering terror financing

Gold Bug Schiff Says ‘The Months of Declining Inflation Are in the Review Mirror,’ AI Crypto Assets Surge, and More — Week in Review

5.3.2023
Economist and gold enthusiast Peter Schiff has said that the U.S. Fed may have to fight a “complete economic collapse” and be faced with more to worry about than the current battle against inflation. In other news, artificial intelligence (AI) crypto assets have seen a recent surge,...

Reserve Bank of Australia Unveils Proposed CBDC Use Cases

5.3.2023
The Reserve Bank of Australia said on March 3 that it has selected 14 digital currency proposed use cases from a large number of submissions obtained from industry participants. An assistant governor at the RBA, Brad Jones, said the Aussie central bank is encouraged by the composition of providers...

India explores offline functionality of CBDCs: RBI executive director

4.3.2023
In addition to offline functionality, RBI is gauging CBDC’s potential for cross-border transactions and linkage with legacy systems of other countries

India’s Central Bank Digital Currency Will Act as Alternative to Cryptocurrency, Says RBI Official

4.3.2023
An official of India’s central bank, the Reserve Bank of India (RBI), says that the country’s central bank digital currency (CBDC) will act as an alternative to cryptocurrency. He stressed that the digital rupee must possess all the attributes of physical currency, including anonymity....

US Treasury-led CBDC Working Group looking at technical issues, national interest

2.3.2023
Treasury Under Secretary for Domestic Finance Nellie Liang examined some of the design issues that would shape a potential U.S. digital dollar

Proposed South Dakota amendment to UCC would prohibit cryptocurrencies, but not CBDC

2.3.2023
The bill authored by a Republican state legislator would prevent the use of cryptocurrency as a medium of exchange after July 1, 2024

Top Official Says US Treasury Assessing Viability of Digital Dollar – Here's the Latest

2.3.2023
The US is actively evaluating whether a digital version of the dollar is in the national interest, the US Treasury Department's undersecretary for domestic finance, Nellie Liang has said. The work to assess the viability of a digital dollar – a form of central bank digital currency (CBDC) – is...

US Treasury and White House to Hold Regular Meetings on CBDCs and Payment Innovations

2.3.2023
On March 1, 2023, Nellie Liang, undersecretary for domestic finance at the U.S. Treasury, delivered a speech to the Atlantic Council in Washington concerning the subject of central bank digital currencies (CBDCs). Liang detailed during her speech that a CBDC is one of several options...

Hong Kong citizens not interested in digital yuan: Reports

2.3.2023
Despite the 20% discount, the e-CNY hard wallets don’t attract much attention from the islanders

China's Digital Yuan Fails to Gain Traction with Hong Kong Visitors – Is China's Digital Currency Facing a Roadblock?

2.3.2023
Shenzhen, China started offering physical cards and discounts to Hong Kong tourists in order to drive the cross-border use of its digital yuan - but the first few days seem to have been a bit slow. Per the state-backed Shenzhen News, the country's first digital yuan hard wallet self-service card...