Search

Nalezeno "central bank digital currency (CBDC)": 253

Russian Banks Baulk at Digital Ruble Implementation Costs

25.10.2024
Russian banks, particularly smaller ones, are unhappy about the high cost (between $1.25 million and $2 million) of integrating with the central bank’s digital ruble platform. This cost is seen as prohibitive for many banks, exceeding their IT budgets. The central bank has mandated different...

Taiwanese Central Bank to Test CBDC, Not Race to It

8.7.2024
Taiwanese Central Bank Governor Yang Chin-long stated that the development of digital currency (CBDC) is not an international competition, and being the first to launch does not guarantee success. He disclosed that the Central Bank of the Republic of China (Taiwan) will conduct three scenario tests...

Ethiopia Approves CBDC Launch Draft Proclamation

20.6.2024
The Ethiopian Council of Ministers recently approved a draft proclamation that paves the way for the launch of a central bank digital currency (CBDC). The National Bank of Ethiopia (NBE) stated that the draft considers rapid technological advancements and draws from the experiences of fellow...

Israel to Launch Digital Shekel Test for Payment

29.5.2024
The "digital shekel," also known as the central bank digital currency (CBDC), is being developed at a faster pace by the Bank of Israel (BoI). The bank recently provided an update on May 28 that included preparations for the payment use case of the CBDC through the 'Digital Shekel Challenge'...

US House Votes to Block Federal Reserve’s Digital Dollar Plans

24.5.2024
The US House on Thursday approved a bill that prohibits the Federal Reserve from issuing a digital dollar, or central bank digital currency (CBDC), without explicit authorization from Congress. The post US House Votes to Block Federal Reserve’s Digital Dollar Plans appeared first on Cryptonews

Hong Kong digital yuan pilot lacks P2P capabilities

17.5.2024
While Hong Kong residents can sign up for a digital yuan (e-CNY) wallet with a phone number, the CBDC is currently restricted to cross-border transactions and cannot be used for person-to-person transfers within Hong Kong

New Zealand Begins Plans To Introduce CBDC

17.4.2024
An open survey on "Digital Cash," a potential central bank digital currency (CBDC), has begun, according to the Reserve Bank of New Zealand (RBNZ). This was revealed in a consultation document that the central bank published on April 17. The post New Zealand Begins Plans To Introduce CBDC appeared...

UAE Introduces CBDC Implementation Strategy – Here’s What’s Inside

26.3.2024
The UAE's central bank has announced a comprehensive strategy to implement a central bank digital currency (CBDC) for retail and wholesale use. In partnership with technology providers R3 and G42 Cloud, the UAE envisions that digital dirham will streamline cross-border transactions, enhance...

Sweden’s Riksbank Releases Final Report on CBDC Project

21.3.2024
Sweden’s Riksbank has released its final report on its central bank digital currency (CBDC), the e-Krona, which focused on offline payments.  The post Sweden’s Riksbank Releases Final Report on CBDC Project appeared first on Cryptonews

Global Surge in CBDC Exploration Leaves US Playing Catch-Up: Study

14.3.2024
An Atlantic Council study showed that 134 countries, or 98% of the global Gross Domestic Product (GDP), are currently exploring a central bank digital currency (CBDC). This number has surged from just 35 since May 2020. The post Global Surge in CBDC Exploration Leaves US Playing Catch-Up: Study...

Nahoru
Tento web používá k poskytování služeb a analýze návštěvnosti soubory cookie. Používáním tohoto webu s tímto souhlasíte. Další informace