Bank of America Praises CBDCs and Stablecoins
According to a research paper published by Bank of America on Tuesday, digital currencies, like central bank digital currencies (CBDCs) and stablecoins, represent the natural...
Tag : cbdc
SWIFT Lays Out Plans For a Global Central Bank Digital Currency (CBDC) Network
Following an 8-month trial on several technologies and currencies, the financial messaging system SWIFT has outlined its plan for a worldwide central bank digital currency...
Central Bank of Australia Finally Releases Its Official CBDC Whitepaper
A research study to examine use cases for a central bank digital currency (CBDC) in Australia was officially unveiled by the Reserve Bank of Australia...
China’s Central Bank Urges More Use of the Digital Yuan
The People’s Bank of China (PBOC) has called for more efforts to enable connectivity between the digital yuan (e-CNY) system and traditional e-payment systems in...
Ripple Promises New CBDC Announcements Coming Soon
Following suggestions from Ripple CBDC advisor Antony Welfare of additional announcements to come, it is possible that Ripple will soon reveal good developments in its...
The Possible Digital Euro has Several Benefits, According to ECB’s Olli Rehn
According to a Wednesday Reuters report, Finnish ECB policymaker Olli Rehn claimed that a potential digital euro currency, which the European Central Bank is researching,...
Study Reveals CBDC May Not Succeed in Japan
According to the conclusions of the Central Bank of Japan (BoJ), it is not possible for the Japanese government to launch a central bank digital...
Digital Currency Monetary Authority Unveils Global Compliance Framework
The Digital Currency Monetary Authority (DCMA) has unveiled a framework complying with international regulations for expanded usage of cryptocurrencies and digital assets in banking and...
According to the Bank of Israel, Smart Contracts Should be Supervised
After nearly a year of digital shekel CBDC study, experts at the Bank of Israel advised that the so-called smart contracts that enable automatically performed...
Jamaica CBDC Coming Soon
The legalization of the CBDC by the Bank of Jamaica (BoJ) is part of the bank’s effort to diversify the island’s economy away from cash....