Tag: CBDC
Ripple to participate in CBDC pilot program in Hong Kong
Source : HKMA Hong Kong’s monetary affairs authority is currently investigating the use cases of CBDCs, with some preference for the solutions offered by Ripple as part of a tokenization…
Ripple: CBDC platform and Metaco acquisition announced
XRP issuer Ripple is picking up steam. The company announces its own CBDC platform and the acquisition of Swiss crypto custodian Metaco. Source: BTC ECHO The article Ripple launches…
Digital Euro: Federal bloc criticizes the CBDC
The ECB continues to work on the digital euro. The blockchain association Bundesblock published a position paper on this and criticized the CBDC. Source: BTC ECHO The contribution of…
Collaboration between Ripple and the Central Bank of Montenegro for the creation of a CBDC
Source: Adobe In a communicated published on April 11, the Central Bank of Montenegro announced the signing of an agreement with the blockchain payments company, Rippleaiming to develop a strategy…
Why Russia’s CBDC is becoming a non-starter
China showed the way, now Russia is rushing behind. The first practical tests with the central bank’s own digital currency are to take place as early as April 1st. 13…
Digital yen: Japan launches CBDC pilot project
The Bank of Japan (BoJ) is heralding further development steps and would like to start with digital central bank money as early as April 2023. Source: BTC ECHO The…
Digital Euro: Majority rejects CBDC introduction
As our entire lives become more and more digital, it only seems logical that our money should follow suit. China, Nigeria and Jamaica have already advanced. Digital central bank money…
Ripple: Will XRP Help UK CBDC Development?
The British central bank is working on the digital pound. Ripple has already supported the development of the CBDC in the past. Now too? Source: BTC ECHO The post…
What does the public think of CBDC?
Most countries now accept that the digitization of the financial sector also requires changed money. In order to stand up to Bitcoin and other decentralized solutions, over 114 governments are…
eNaira: Nigeria Restricts Cash to Promote CBDC
The Central Bank of Nigeria is restricting cash withdrawals from ATMs in order to encourage public acceptance of the digital central bank currency eNaira. Source: BTC ECHO The post…
Largest Multi-Central Bank CBDC Pilot Successfully Completed
© Reuters Investing.com – The Central Bank of the United Arab Emirates (CBUAE) has successfully completed the largest pilot project to integrate a central bank digital currency (CBDC). Along with…
Russia is testing a CBDC for its international payments
Investing.com – Russia is reportedly planning to create and use a digital for mutual settlements with China. This new currency is currently being tested for payments with international banks, and…