Category: CBDC News
Ripple announced its partnership with the Digital Pound Foundation for the creation of a central bank digital currency in the U.K.
The post Ripple Helping to Develop Digital Pound CBDC in the United Kingdom appeared first on BeInCrypto.
At the Fourth G20 Finance Ministers and Central Bank Governors meeting, authorities called for more oversight on stablecoins and measures to ensure compliance.
The post G20 Heads Call for Stablecoin Regulation Before Approval appeared first on BeInCrypto.
The International Monetary Fund (IMF) spoke of several impacts that the crypto market could have on the world’s economy in a global financial stability report.
The post IMF on Crypto Risks: Lack of Regulation Could Threaten Financial Stability appeared first on BeInCrypto.
Edward Snowden recently took to Twitter to weigh in on the hypothetical central bank digital currency (CBDC) issued by the US Federal Reserve
The post Snowden: Deflationary Fed-Controlled CBDC Will Cause ‘Annihilation’ of Savings appeared first on BeInCrypto.
The central bank of Laos is working with Japanese financial startup Soramitsu to conduct a study on the feasibility of a central bank digital currency.
The post Laos to Conduct CBDC Study With Japanese Startup Soramitsu appeared first on BeInCrypto.
Brazil Stock Exchange looking to bolster the utility of Brazil’s anticipated CBDC, the real, by using oracles
The post Brazil Stock Exchange Looking to Provide Oracles for CBDC appeared first on BeInCrypto.
Visa has released a whitepaper for the Universal Payment Channels, a “hub-and-spoke” model for interoperability among various Distributed Ledger Technologies.
The post Visa Publishes Whitepaper for CBDC and Stablecoin Interoperability appeared first on BeInCrypto.
U.S. Federal Reserve Chairman Jerome Powell said he has no intention to ban cryptocurrencies. He also stated that stablecoins should be regulated.
The post Fed Chairman Powell: No Crypto Ban, but Regulation Necessary appeared first on BeInCrypto.
In exploring issuing a central bank digital currency (CBDC), the Reserve Bank of New Zealand (RBNZ) is soliciting the opinion of the public.
The post New Zealand Central Bank Asks Public for Input on CBDC appeared first on BeInCrypto.
The Indonesian government has given its residents the green light for cryptocurrency trading, refusing to impose an outright ban on all crypto-related transactions.
The post Indonesia Confirms It’s Not Imposing Blanket Crypto Ban appeared first on BeInCrypto.
Ripple has partnered with the central bank of Bhutan to create its a digital Ngultrum, that will explore CDBC use cases in retail, cross-border and wholesale payments, the latest step in the central bank’s innovative payment initiatives.
The post Ripple to Partner with Royal Monetary Authority in Bhutan appeared first on BeInCrypto.
U.S. Federal Reserve Bank Chair Jerome Powell said that the bank would soon release a paper on a CBDC, indicating that the U.S. government is picking up its pace with CBDC research.
The post US Federal Reserve to Release CBDC Research Paper ‘Soon’ appeared first on BeInCrypto.
A poll conducted by Newsweek shows that over 40% of Texan voters would support its state in passing crypto-friendly legislation.
The post Crypto-Friendly Legislation Survey in Texas Receives 42% Voter Support appeared first on BeInCrypto.
Indians are turning to P2P platforms and groups on messaging platforms to facilitate crypto trades as banks implement obstacles to such trades.
The post Crypto Trading on P2P Platforms, Telegram, and WhatsApp Dominate in India appeared first on BeInCrypto.
El Salvador’s digital bitcoin wallet Chivo has already hit half a million users, according to reports from local media. The country introduced the wallet on Sept 7.
The post El Salvador’s Chivo Bitcoin Wallet Crosses 500,000 Users appeared first on BeInCrypto.
Central banks need to expedite the development of central bank digital currencies (CBDCs), or risk being overtaken by private payment platforms.
The post Banks Need to Expedite CBDC Development, Says BIS Official appeared first on BeInCrypto.
The chair of the UK’s Financial Conduct Authority (FCA) released a speech on crypto regulations, including the risks and benefits.
The post FCA Chairman Talks Crypto Token Regulation, Stating ‘Promising Use Cases’ appeared first on BeInCrypto.
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