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Nalezeno "cbdc": 2819

G7 Game: Keep Facebook's Libra at Bay & Work On Own CBDC


Source: Adobe/bizoo_n The Group of Seven (G7) major developed economies reportedly reiterated that Facebook's Libra stablecoin can't be launched until it is properly regulated, while at the same time the club is exploring central bank digital currencies (CBDCs). “The G7 continues to maintain that...

Snapped Up Stakes, Stepping Down CEOs, CBDC Pilots and 20 Crypto Jokes


This week in the Cryptosphere: Vitalik Buterin said that high Ethereum fees might be gone even before ETH 2.0, and DeFi darling yearn.finance crashed 60% from its ATH, while Virgin Galactic Chairman said BTC can’t be correlated to traditional assets. TaoTao said it “ended negotiations” with...

Non-committal CBDC Report Highlights BIS, Central Banks’ Indecision


The Bank for International Settlements (BIS) and a group of leading-economy central banks has issued a report outlining what they believe the key principles of a central bank digital currency (CBDC) should be – but yet again went to great pains to sit on the fence when it comes to the matter...

South Korean Central Bank to Launch CBDC Pilot in 2021


The South Korean central bank, the Bank of Korea (BOK) has announced that it is to begin a central bank digital currency (CBDC) pilot next year, in conjunction with major firms and domestic banks. Per Seoul Shinmun and the Fourth Journal, the BOK has stated that it has completed the design...

China Central Bank Official Reveals Results of First Digital Yuan Pilots


An official for China’s central bank has unveiled usage statistics of state-backed digital currency trials that were conducted in three Chinese cities. Speaking virtually at the Sibos 2020 conference on Monday, Fan Yifei, deputy governor of the People’s Bank of China, said the bank opened 113,300...

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