[Feb 8, 2023 6:00 AM] Gazprombank, a subsidiary of a state-owned energy corporation, which participates in Russia’s CBDC initiative, fears losing a part of its income as the digital ruble replaces traditional fiat currency.
[Feb 8, 2023 1:30 AM] Nouriel Roubini, an economist known as “Dr. Doom,” has warned about the demise of the U.S. dollar and the rise of a “bipolar” world. Roubini believes that the Chinese renminbi might be a substitute for the dollar, as new…
[Feb 7, 2023 2:30 PM] The Laotian central bank and the Soramitsu firm signed an MOU to launch the project to expand financial inclusivity and provide sellers with faster settlement.
[Feb 7, 2023 1:52 PM] The UK continues to show its desire for a digital pound, just as its companies try to limit access to Bitcoin.The Bank of England and the UK Treasury have released a consultation paper outlining their case for a retail central bank digital currency…
[Feb 6, 2023 10:52 PM] Finance minister Jeremy Hunt says the digital pound, or "Britcoin" would be issued and backed by the Bank of England, but won't negate the use of cash.
[Feb 5, 2023 10:40 PM] Multiple Chinese city governments have given away millions worth of e-CNY to try to promote consumption around the holiday season.
[Feb 3, 2023 1:30 PM] The Central Asian country’s CBDC project is right on time, according to a 2020 roadmap, as consumers and merchants use the currency in a controlled environment.
[Feb 3, 2023 2:00 AM] Russian banks may be the main losers from the introduction of a digital ruble while retailers will save on acquiring fees, analysts have predicted. The benefits for consumers using the new digital currency are not that obvious as they may not be…
[Feb 2, 2023 4:24 AM] According to a job posting, HSBC is looking for a candidate who knows of digital assets, especially asset tokenization and custody.
[Jan 30, 2023 12:30 PM] Montenegro’s prime minister announced a central bank “digital currency or stablecoin” project with Ripple; the Balkan country currently uses the euro instead of a national currency.
[Jan 29, 2023 7:30 AM] JPMorgan CEO Jamie Dimon has reiterated his supposed skepticism of bitcoin, recently calling it a “hyped-up fraud,” and a “pet rock.” For it’s part, Bank of America has said that it views central bank digital…
[Jan 27, 2023 5:30 AM] Saudi Arabia’s central bank digital currency (CBDC) experiment, which is being carried out in conjunction with local banks and fintechs, is presently focused on domestic wholesale uses cases, the central bank has said. Meanwhile, the Saudi…
[Jan 25, 2023 7:15 AM] A new role, "Head of CBDC," will help the United Kingdom to "explore the case for a digital pound," although UK Bitcoiners would argue that might not be necessary.
[Jan 24, 2023 10:17 PM] Saudi Arabia's central bank stressed that no decision has been made to launch a CBDC in the Kingdom, but it will continue to research use cases.
[Jan 24, 2023 2:00 PM] The team lead will determine the “strategic direction” for Treasury’s efforts to develop a digital pound in line with the U.K. government’s agenda.
[Jan 23, 2023 5:00 PM] With just a few days left before old Nigerian naira banknotes are removed from circulation, some banks have accused the Central Bank of Nigeria of failing to distribute enough new banknotes. Despite growing pressure for it to extend the period for…
[Jan 23, 2023 11:29 AM] ECB board member Fabio Panetta affirms the ECB’s digital euro privacy policy and says the digital currency will never be programmable, but it may have an app.
[Jan 23, 2023 3:30 AM] The company developing China’s blockchain network wants to create a system for international settlements with stablecoins and state-issued digital currencies. The plan is to establish a platform facilitating the use of these two fiat-based…
[Jan 22, 2023 8:39 PM] A SWIFT-style system for bank-issued and regulated digital currencies was launched by a firm involved in building China’s national blockchain project.
[Jan 21, 2023 8:01 AM] At this point, the test network for the Norwegian CBDC uses not the public Ethereum ecosystem, but a private version of the enterprise blockchain Hyperledger Besu.
[Jan 21, 2023 1:30 AM] A World Economic Forum (WEF) panel comprised of central bankers and global tech providers has profiled central bank digital currencies (CBDCs) as the future of central bank money, presenting them as one of the solutions for limitations in the…
[Jan 20, 2023 5:30 AM] A group of global banking experts hosted by the World Economic Forum (WEF) convened about the need for global crypto regulation, including stablecoins and unbacked crypto assets. The panel agreed there must be at least some kind of base regulation…
[Jan 19, 2023 8:21 PM] China's central bank digital currency (CBDC) has seen new use cases in recent days, including buying securities and making offline payments.
[Jan 19, 2023 2:30 AM] The ministers of finance of the countries in the eurozone reaffirmed their support for efforts to prepare for the potential launch of a digital euro. Meanwhile, the single currency area’s monetary authority sought to reassure future users that the…
[Jan 18, 2023 3:55 PM] The foundation set up by “Crypto Dad” Christopher Giancarlo released a new version of its CBDC white paper with new warnings about maintaining U.S. leadership.
[Jan 18, 2023 1:45 PM] To use the tokens, users will need to verify their identity through phone and video identification, and load their wallet with real euros.
[Jan 18, 2023 3:30 AM] The city of Shanghai is bringing metaverse activities to 20 urban locations, that will allow citizens to use digital tools in different ways according to the area. The initiative is part of a pilot program of the Shanghai Municipal Commission of…
[Jan 18, 2023 12:30 AM] Tehran and Moscow are discussing the possible launch of a stablecoin for international settlements, the Russian press revealed. In order to mint the gold-backed currency, however, authorities would need to first regulate crypto assets, a lawmaker…
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