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Central Bank of Brazil Confirms It Will Run a Pilot Test for Its CBDC This Year
17.4.2022
The Central Bank of Brazil has confirmed that the institution will run a pilot test regarding the implementation of its proposed central bank digital currency (CBDC), the digital real. Roberto Campos Neto, president of the bank, also stated that this new test will include a fixed supply of...
New Tencent Digital Yuan Wallet Preparing to Launch
16.4.2022
First images have emerged of specialized digital yuan wallets provided by the Tencent-run e-pay platform WeChat Pay.
Although the wallets are still in what appears to be beta testing and are not yet fully functional, some media outlets – such as Sina – appear to have been able to open wallets...
Tether is gaining momentum against competing stablecoins, says Tether CTO
15.4.2022
Paolo Ardoino, chief technology officer, of Tether and Bitfinex, explains why USDT will retain its dominance in an increasingly competitive stablecoin market
Fitting the bill: US Congress eyes e-cash as an alternative to CBDC
15.4.2022
From fiat banknotes to fractional reserve banking, the notion of what constitutes money in the U.S. has changed over time. But is the time right for e-cash?
Russia should use crypto for payments with Africa, commerce exec says
14.4.2022
Russia should deploy cryptocurrencies and CBDCs for settlement and payments with Africa, the president of the Chamber of Commerce and Industry believes
BoJ official says digital yen won’t be used to achieve negative interest rate
14.4.2022
The Bank of Japan’s Executive Director announced that the eagerly-awaited digital yen won’t be used to attain negative interest rates
Central Banks Struggle With Privacy-related CBDC Headaches
13.4.2022
As a number of countries across the globe are working on developing their respective central bank digital currencies (CBDCs), ensuring a separation between identity and transaction data could produce a better environment for privacy protection and could lead to public confidence and trust...
BIS releases study of CBDCs and their role in financial inclusion of the unbanked
12.4.2022
The researchers from BIS and the World Bank identify common factors across nine central banks that face a variety of different challenges
Brazilian central bank president confirms CBDC pilot will launch in 2022
12.4.2022
The sovereign national digital currency will be based on national fiat and would have a fixed supply quite similar to Bitcoin
Financial Services Company DTCC Working With Digital Dollar Project on CBDC Prototype
12.4.2022
“Project Lithium” is particularly focused on how a central bank digital currency (CBDC) could benefit the financial services industry
Iran Will Not Allow Crypto Payments, Prepares to Pilot Digital Rial
12.4.2022
Iran will not recognize cryptocurrencies as a means of payment, a high-ranking government official has indicated. His statement came as the Central Bank of Iran announced rules for the issuance of digital coins in the country. These are meant, however, for its own “crypto rial,”...
Namibian Central Bank Announces Plan to Launch CBDC
9.4.2022
Johannes Gawaxab, the governor of the Bank of Namibia (BON), has said his organization is planning to launch a central bank digital currency (CBDC). The governor, however, warns the launch might have implications for financial stability. BON Researching CBDCs The BON governor, Johannes Gawaxab...
India’s Digital Currency to Take ‘Very Calibrated, Graduated’ Approach, Says RBI Deputy Governor
9.4.2022
Reserve Bank of India (RBI) Deputy Governor T. Rabi Sankar has outlined the implications of India issuing a central bank digital currency, the digital rupee. ”I think central banks would go about it in a very calibrated, graduated manner, assessing impact all along the line,”...
ECB executive board member talks about current state of digital euro CBDC research
8.4.2022
Fabio Panetta outlined recent findings and remaining challenges while emphasizing the necessity of a well designed European CBDC
WeChat Pay to Offer Digital Yuan Payment Options as China’s CBDC Pilot Expands
8.4.2022
The Chinese e-pay platform WeChat Pay has unveiled a digital yuan interoperability solution that will allow users of the service to make payments in the central bank-issued token.
As reported, the central People’s Bank of China (PBoC) has recently expanded the number of cities included in...
South Africa finishes technical PoC for wholesale CBDC settlement system
8.4.2022
The South African Reserve Bank stated further work would be undertaken to study the findings from the project and used to inform policy and regulatory responses to DLT and CBDCs
Janet Yellen on Crypto Regulation, UFC's Bitcoin Bonuses, 'Largest Crypto Merger' + More News
7.4.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Janet Yellen on Crypto Regulation, UFC's Bitcoin Bonuses, 'Largest Crypto Merger' + More News
Crypto ETPs & ETFs to Surpass USD 120B Under Management in Six Years – Analysts
6.4.2022
The assets under management (AUM) in crypto-backed exchange-traded products (ETPs) and exchange-traded funds (ETFs) are likely to surpass USD 120bn by the year 2028, fueled by institutional demand and possible US policy changes, according to analysts at Bloomberg Intelligence.
This figure...
Sweden’s central bank completes second phase of e-krona testing
6.4.2022
The Swedish CBDC is now technically ready for integration with banks and payment service providers, according to a report from Riksbank
Here's How You Can Help Shape Digital Euro
6.4.2022
Amid an intensification in the European Union’s crypto-focused legislative efforts, the European Commission has launched a new consultation on its digital euro central bank digital currency (CBDC) project. The procedure will allow interested stakeholders who want to help shape a digital euro...