Tag: CBDC
Central bank digital currency: Australia launches CBDC pilot phase
The Reserve Bank of Australia is considering launching a central bank digital currency. The pilot phase is scheduled to be completed in 2023. Source: BTC ECHO The post Australia…
Ripple: CBDC project completed – XRP ledger as new central bank standard?
Investing.com – has now firmly established itself in the world of crypto businesses. Developments for cross-border payments are finding favor with a growing number of payment service providers. Ripple does…
Russia wants to introduce its own CBDC nationwide by 2024
The digital ruble is to be introduced nationwide in Russia from 2024. At least that’s what Bank Rossii is planning. Source: BTC ECHO The article Russia wants to introduce…
The Bank of Israel, the BIS and the Hong Kong cenbank are testing the feasibility of the CBDC for individuals.
The test will be cyber-safe and under the proposed model, intermediaries will have no financial risk from clients holding or transferring CBDCs, leading to reduced risk and cost, the Bank…
Crypto: Federal Reserve backs need for digital dollar (CBDC)
© Reuters Investing.com – Lael Brainard, Vice Chair of the Federal Reserve, believes that a US central bank digital currency (CBDC) could help keep the financial system stable and prepare…
Ethereum: The central bank of Norway uses Ether to develop a CBDC
Investing.com – Although some blockchains are seen as prime candidates to dethrone, the mother of smart contracts remains unchallenged in the top spot. Technologies developed on the basis of ether…
CBDC: These central banks are winning
Digital central bank money has long been a reality. Corresponding projects are being promoted, especially in countries with low levels of financial inclusion. Source: BTC ECHO The article These…
Ukraine continues to work on its own CBDC
The world community is horrified by Russia’s war of aggression against Ukraine. Sanctions against Putin, exclusion proceedings from SWIFT, arms deliveries to Ukraine, the ruble in free fall and solidarity…
Crypto, DeFi, CBDC: Will Biden unleash the wave of regulations in the US?
US President Biden wants to give the starting signal for a broad-based wave of crypto regulations next week. Authorities should then begin to develop drafts for handling digital assets and…
Ripple (XRP) participates in the Digital Euro, the CBDC of the ECB
© Reuters Investing.com – The ECB announced yesterday, via a tweet from its president Christine Lagarde, that it would now work on setting up a digital version of the euro.…
Crypto: CBDC will strengthen digital economy according to Indian Prime Minister
© Reuters. Investing.com – India’s Prime Minister – Narendra Modi – has shown interest in central bank digital currencies (CBDCs). He believes that they would energize the economy in the…
CBDC an “important innovation in American monetary system” says Fed
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