3 / 24 Relevant items tagged with #Cbdc
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Giesecke+Devrient: Ghana CBDC Nullifies the Need for Multiple Intermediaries in Cross-Border Payments
[Jul 24 10:31 PM] The recently completed proof of concept by the Bank of Ghana and the Monetary Authority of Singapore demonstrated that the latter’s central bank digital currency enables cross-border payments, excluding many intermediaries and associated costs…
Kazakhstan pays for rail line to China using programmable CBDC
[Jul 19 11:36 AM] The second phase of the Kazakhstan central bank digital currency pilot focused on control of its many potential uses.
Putin Calls to ‘Seize the Moment’ to Kickstart Digital Ruble and Crypto Adoption In Russia
[Jul 18 11:30 PM] President Vladimir Putin declared it was time for Russia to create the environment needed to increase the adoption of digital assets and the Russian CBDC, the digital ruble, as part of the country’s economic tissue. He also reported that over…
$520B state-owned Italian bank trials digital bonds on Polygon
[Jul 18 6:11 PM] The trial was part of an initiative set up by the European Central Bank to identify how blockchains can facilitate central bank money settlement.
$520B state-owned Italian bank trials digital bonds on Polygon
[Jul 18 6:11 PM] The trial was part of an initiative set up by the European Central Bank to identify how blockchains can facilitate central bank money settlement.
Palau partners with Soramitsu on blockchain-based bond platform
[Jul 16 11:10 AM] The Pacific island nation, with a population of 18,000, is a leader in the implantation of blockchain technology.
Russian Senate Leader Predicts Use of CBDCs in BRICS Payment System
[Jul 14 2:20 PM] Valentina Matvienko, Chairman of the Russian Federation Council, talked about the role of national digital currencies, also known as CBDCs, in increasing the use of national currencies in BRICS trade. Matvienko stated that a hypothetical BRICS…
Israel’s Digital Shekel Plans Hinge on ECB’s Digital Currency Move
[Jul 10 9:20 PM] The Bank of Israel (BOI) is exploring a central bank digital currency (CBDC), a digital shekel, to modernize Israel’s payment system and drive innovation. However, BOI Deputy Governor Andrew Abir stated that the BOI is waiting for a major…
European Central Bank is exploring blockchain and MPC technology
[Jul 10 7:46 AM] The central bank has been experimenting with multiparty computation, which could support the entire European economy in the future.
Israel Decision on Digital Shekel Won't Occur Before the EU's Call on Digital Euro: Reuters
[Jul 10 6:06 AM] The Bank of Israel won't decide whether to launch a central bank digital currency before the European Union does, Deputy Governor Andrew Abir told Reuters.
France and Hong Kong Collaborate to Advance Global Tokenization Market With CBDC Initiatives
[Jul 8 6:30 PM] The Banque de France (BDF) and the Hong Kong Monetary Authority (HKMA) have announced a collaboration on wholesale central bank digital currency (wCBDC). This partnership includes the HKMA’s involvement in Wave 2 of the European Central Bank’s…
Mt. Gox begins repayments in Bitcoin and Bitcoin Cash: Law Decoded
[Jul 8 1:05 PM] The Mt. Gox rehabilitation plan, approved in 2021, moves forward with BTC and BCH repayments, and North Carolina’s CBDC ban was vetoed by the governor.
Taiwanese Central Bank to Test CBDC, Not Race to It
[Jul 8 12:35 AM] Taiwanese Central Bank Governor Yang Chin-long stated that the development of digital currency (CBDC) is not an international competition, and being the first to launch does not guarantee success. He disclosed that the Central Bank of the Republic…
Taiwan central bank says no rush for CBDC launch
[Jul 7 4:21 AM] The Central Bank of the Republic of China mentioned handling government tenders through special purpose tokens to improve operational efficiency using smart contracts for bids and performance bonds.
North Carolina Governor Vetoes Bill Banning State Use of Central Bank Digital Currencies
Bahamas to Mandate Banks to Distribute Central Bank Digital Currency
[Jul 2 10:29 PM] The Bahamas, the first country to issue a central bank digital currency (CBDC) called the Sand Dollar, is preparing regulations to mandate commercial banks to provide access to the e-money to boost adoption. Central Bank Governor John Rolle…
Bahamas wants to force banks to support its ‘Sand dollar’ CBDC
[Jul 1 10:49 PM] The Bahamas was one of the first countries in the world to launch a central bank digital currency — the “Sand Dollar” in 2020 — and is now looking for ways to boost its adoption.
North Carolina Passes Bill to Block State Participation in Federal CBDC Testing
Banque de France, Hong Kong Monetary Authority explore CBDC, tokenization
[Jun 28 3:17 PM] The HKMA set up Project Ensemble months ago. Now we know why.
North Carolina’s CBDC ban bill heads to governor’s desk
[Jun 26 7:32 PM] North Carolina Governor Roy Cooper will now either sign or veto the law that bars the state’s government from accepting a Federal Reserve CBDC, potentially joining Louisiana.
AI makes it even easier for governments to surveil you — Nym CEO
[Jun 26 5:05 AM] Nym CEO Harry Halpin tells The Agenda podcast that artificial intelligence makes it easier than ever to conduct surveillance against activists and dissidents.
India’s Digital Rupee Usage Drops Drastically After Initial Surge
[Jun 25 8:35 PM] India’s central bank digital currency (CBDC), the digital rupee, has experienced a significant decline in usage, decreasing to a tenth of its peak in December 2023, according to sources involved in the pilot project. The Reserve Bank of India (RBI)…
Digital Euro Holding Limit: Debate Continues
Iran Officially Unveils Central Bank Digital Currency Project
[Jun 24 8:40 PM] Iran officially unveiled its central bank digital currency (CBDC) on Sunday during a ceremony attended by Central Bank of Iran (CBI) Governor Mohammad Reza Farzin and chief executives of several major banks. This digital currency, issued…
European Central Bank releases first CBDC progress update
[Jun 24 12:10 PM] The ECB promised pseudonymization and independent audits of the CBDC system to calm consumer fears of tracking.
Big banks rush in to test ECB’s wholesale distributed ledger tech
[Jun 24 11:37 AM] The new participants in the European Central Bank’s DLT tests include major financial institutions.
Parfin Creates New Blockchain to Be Used as Privacy Solution for Brazilian CBDC
[Jun 22 9:10 PM] Parfin, a financial technology company, has created a new blockchain system to be used as a privacy solution for the Brazilian CBDC, drex. Rayls, the new blockchain, will offer the possibility of operating in a permissioned way and also linking…
Iran Launches Digital Rial Pilot on Kish Island
[Jun 20 10:07 PM] The Central Bank of Iran (CBI) has announced the initiation of a pilot scheme to introduce the country’s central bank digital currency (CBDC) on the southern island of Kish. The CBI stated on Tuesday that the digital rial will be available to…
Iran to launch public CBDC pilot in June
[Jun 19 4:57 AM] Unlike other types of electronic money in Iran, the digital rial doesn’t require interbank settlement to transfer funds between buyers and sellers.