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Nalezeno "CBDCs": 655

China-backed Blockchain Project Proposes SWIFT Alternative for Stablecoins and CBDCs

23.1.2023
The company developing China’s blockchain network wants to create a system for international settlements with stablecoins and state-issued digital currencies. The plan is to establish a platform facilitating the use of these two fiat-based digital assets in foreign trade. Company Behind...

Chinese blockchain firm launches the 'SWIFT' of stablecoins and CBDCs at Davos

23.1.2023
A SWIFT-style system for bank-issued and regulated digital currencies was launched by a firm with a tenure building China’s national blockchain project

Bank of America: ‘Digital Currencies Appear Inevitable’

22.1.2023
Bank of America says “digital currencies appear inevitable,” adding that central bank digital currencies (CBDCs) and stablecoins are “a natural evolution of today’s monetary and payment systems.” The bank expects “private sector beneficiaries to emerge in...

Davos 2023: CBDCs Are the Future of Central Bank Money but They Are Still Not Ready

21.1.2023
A World Economic Forum (WEF) panel comprised of central bankers and global tech providers has profiled central bank digital currencies (CBDCs) as the future of central bank money, presenting them as one of the solutions for limitations in the payments sector today. However, they have also stated...

Aussie 'Big 4' bank mints stablecoin for carbon trading and remittances

19.1.2023
This marks the second "Big 4" bank in Australia to launch an Australian-dollar pegged stablecoin in a bid to boost the digital economy

Davos Day 3 Shows Conflicting Visions for the Metaverse, CBDCs

18.1.2023
Whether it’s trading state-backed virtual currencies or jumping between virtual worlds, common standards for digital economies are still hotly contested in global forums

Digital Dollar Project Warns on U.S.'s Cautious Approach to CBDCs

18.1.2023
The DDP's white paper called the U.S.'s approach to CBDCs an "unsustainable position."

WEF 2023: CBDCs need to find a 'real problem' to solve, says SARB governor

18.1.2023
The central bank governor highlighted that the South African Reserve Bank would rather follow than become a first mover in retail CBDCs

CBDCs Are the Future of Money, IBM Exec Says

17.1.2023
Live from the World Economic Forum in Davos, Switzerland, IBM executive partner Shyam Nagarajan discusses why a hybrid model could drive widespread adoption of central bank digital currencies

Bank of America Says CBDCs Are the Future of Money and Payments

17.1.2023
Central bank digital currencies have the potential to revolutionize global financial systems, the report said

CBDCs not worth the costs and risks, says former BoE advisor

16.1.2023
Tony Yates, the former senior advisor of the Bank of England, argues that CBDCs are not worth the headache

Bank of Russia Outlines Payment Models With Digital Ruble, Other CBDCs

11.1.2023
The Central Bank of Russia has detailed two methods for implementing the digital ruble and other state-backed coins in international settlements. The monetary authority also plans to start testing consumer-to-business (C2B) operations in the first quarter of the year. Russia’s Central Bank...

China’s Digital Yuan Little Used, Former Central Bank Official Says

31.12.2022
Trials of the digital yuan have produced disappointing results, according to a report quoting the former head of research at the Chinese central bank. The new form of national fiat has brought no benefits to the banks and should expand beyond being employed only as a substitute for cash, the banker...

India’s Central Bank Chief: Cryptocurrencies Will Cause Next Financial Crisis if They’re Not Banned

23.12.2022
The governor of India’s central bank, the Reserve Bank of India (RBI), has warned that the next financial crisis will come from cryptocurrencies, like bitcoin and ether. The central bank chief added that cryptocurrencies pose “huge inherent risks” to India’s macroeconomic...