Tag: cbdcs

Oct 12 2021

The Timeline of JPMorgan’s CEO Hating on Bitcoin

Oct 12 2021 Published at Unchained Podcast under tags  bitcoin cbdcs crypto defi ethereum

October 12, 2021 / Unchained Daily / Laura Shin Daily Bits...

Visa Is Building Infrastructure for NFTs, Smart Contracts, and L2s. Why?

Oct 12 2021 Published at Unchained Podcast under tags  2021 blockchain cbdcs crypto l2s

Cuy Sheffield, Visa’s head of crypto, discusses Visa’s crypto game plan, stablecoin regulation, NFTs, and more. Show highlights: Cuy’s background and his journey down the crypto rabbit hole how Visa and cryptocurrency can coexist...

Oct 11 2021

Could the proposed US ‘digital dollar’ be self-annihilating? Edward Snowden seems to say so

Oct 11 2021 Published at CryptoSlate under tags  btc cbdcs

Former Central Intelligence Agency (CIA) and National Security Agency (NSA) subcontractor and whistleblower, Edward Snowden, who recently published an opinion article concerning central bank digital currencies (CBDCs), continued to discuss the danger behind their adoption on Twitter....

Oct 06 2021

110 Countries Are Exploring CBDC At Some Stage, Says IMF Managing Director

Managing Director of the International Monetary Fund(IMF), Kristalina Georgieva, recently talked about digital currencies, including CBDC, in one of her recent speeches. The IMF MD gave this speech at the T20 Summit hosted by Bocconi University and Italian Institute for International Political Studies (ISPI) on Oct. 5. The submit included sessions with...

US Federal Reserve would soon release ‘detailed plans’ for a digital dollar

Oct 06 2021 Published at CryptoSlate under tags  cbdcs technology

In a new move that is set to change the dynamics of the financial industry in the United States, the country's Federal Reserve is set to release detailed plans that will guide the process of reviewing the risks and benefits attached to issuing a central bank digital currency (CBDC), a report on...

Oct 04 2021

Sep 30 2021

Sep 24 2021

Ripple (XRP) to partner with the Royal Monetary Authority of Bhutan for CBDC development

Sep 24 2021 Published at CryptoSlate under tags  cbdcs technology xrp xrpusd

Bhutan's central bank, the Royal Monetary Authority (RMA), has partnered with Ripple to use its infrastructure to pilot a central bank digital currency. According to an announcement from Ripple, the move is set to expand the country's financial...

Sep 13 2021

Moody’s Report: Cross-Border CBDC transactions may affect banks’ commission

Moody’s Investors Service latest report warned financial institutions that the widespread adoption of CBDCs may cause credit-negative for banks in lieu of lowered fees and commissions. Furthermore, banks with active foreign currency payments, clearing, and remittance services will bore the burn of losses according to Moody’s credit outlook report. This month, the Bank of International The post Moody’s Report: Cross-Border CBDC transactions may...

Sep 10 2021

Sep 06 2021

ConsenSys among 15 firms shortlisted to develop CBDC for crypto-friendly Singapore

Sep 06 2021 Published at CryptoSlate under tags  adoption cbdcs technology

Fifteen firms have been finalized by the Monetary Authority of Singapore (MAS), the country’s central bank, to develop a Central Bank Digital Currency (CBDC), a release from the MAS shows....

Sep 05 2021

Australia, Malaysia, Singapore, South Africa Set To Test Cross-Border CBDC

CBDC, also central bank digital currency, is a digital token issued by a country. Many governments and central banks around the world are exploring the use of CBDCs. Even though they mostly remain in the hypothetical stage. However, more than 80% of central banks are looking at digital currencies. The Reserve Bank of Australia...

Sep 02 2021

Crypto-loving Nigeria begins eNaira CBDC project

Sep 02 2021 Published at CryptoSlate under tags  adoption cbdc cbdcs enaira nigeria

Nigeria has upped the ante on its quest for a national digital currency as the Central bank of the African country has revealed that it will be partnering with Bitt Inc as a technical partner for the actualization of the “eNaira” project. According...

Sep 01 2021

Nigeria Partners With FinTech Company To Launch CBDC

Sep 01 2021 Published at Bitcoinist.com under tags  cbdc cbdcs enaira nigeria nigeria crypto

Nigeria had earlier in the year announced it planned to launch its own CBDC. The eNaira was announced after the government had banned banks and financial institutions from facilitating crypto transactions in the country. The timeline for the launch of the eNaira has been put at sometime before the end of the year. Citizens of the country would then be able to operate...

Aug 18 2021

Brazil prez meets with Brian Brooks and Circle to discuss possible CBDC

Aug 18 2021 Published at CryptoSlate under tags  adoption brazil brian brooks cbdc cbdcs

Brazil’s interest in the crypto space does not look like abating anytime soon as the President of the central bank of the country, Roberto Campos Neto, recently held a video conference call with two key figures in the crypto space regarding the rollout of a potential Central Bank...

Aug 09 2021

TomiEx: CBDC’s would eventually lose competition to global stablecoins

Aug 09 2021 Published at CryptoSlate under tags  cbdcs sponsored

Central bank digital currencies, or CBDC’s, are unlikely to significantly solve the problem of facilitating international cross-border online services, unless central banks put heavy regulations on global stablecoins like Diem. The reason for this is that there are too many expectations on an international level associated with state-controlled digital currencies. Major...

ASI President Deems Central Bank Digital Currencies As A Satanic Scheme

Aug 09 2021 Published at Bitcoinist.com under tags  asi president bitcoin cbdc cbdcs gold

According to the ASI president, Central Bank Digital Currencies originate from Satan. And Bitcoin is not an alternative to currency but a speculative financial asset. ASI is a company that started in 1982 to deal in diverse alternative assets like foreign currencies, precious metals, and the pre-1933 United States gold coins. The company also has a trading platform for metals. Related Reading |...

Aug 06 2021

JP Morgan Warns Hasty CBDC Implementation Could “Cannibalize” Financial System

Aug 06 2021 Published at Coingape under tags  btcbrl btcbusd btcdai btceur btcgbp

JP Morgan, the American Banking giant has warned against the hasty implementation of Central Bank Digital Currencies (CBDC). The bank said the creation of a new CBDC based retail loan and payments channels must not come at the cost of the existing financial system. Hasty implementation of the CBDCs in the retail market could "cannibalize" The post JP Morgan Warns Hasty CBDC Implementation...

Jul 16 2021

Singapore and France Set To Trial Global Transactions Through CBDCs

Jul 16 2021 Published at Bitcoinist.com under tags  cbdc cbdcs central banks france onyx

Central banks of Singapore and France are developing a digital coin interoperability system that will support various global CBDCs. The Financial authorities of both countries are seriously exploring the CBDCs cross-border applications. CBDC...

Jul 15 2021

Know a good blog/source that is not listed? Contact us or fill the form below to add one: