Search

Nalezeno "G7 CBDC": 2911

China’s CBDC Development is “Already On Track” and Nearing Completion: Ex-PBOC Governor

28.11.2023
Source: Pixabay Former Governor of China’s central bank PBOC is all optimistic about the country’s central bank digital currency (CBDC) nearing completion. Speaking at a conference in Honng Kong on Monday, Zhou Xiaochuan, the 75-year Chinese economist, said that a ‘digital yuan’ is “already...

Central Banks Have No Interest in Personal Data, BIS Official Says While Promoting CBDCs

28.11.2023
The Bank for International Settlements has been calling on countries to prepare for CBDCs as governments face backlash over privacy concerns

Digital Euro Can End Bank Crises, Is Better Than Deposits, Ex-Bank of Spain Chief Says

28.11.2023
A central bank digital currency (CBDC) could also be used to deregulate banking activities and help the banking sector grow, Miguel Fernández Ordóñez said during a European Parliament hearing on a digital euro

More foreign banks join China's CBDC pilot trials

28.11.2023
A total of four foreign banks have integrated China's e-CNY CBDC thus far

Today in Crypto: Hong Kong Will Use ‘All Available Methods’ to Fight Crypto Scams, Americans are ‘Much More Open to Potential of Crypto Than Brits’

28.11.2023
Source: AdobeStock / Vitalii Vodolazskyi Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________ Regulation news Hong Kong authorities may give regulators more power to fight cryptocurrency scams and will...

HSBC, Hang Seng Join China’s Digital Yuan Pilot

28.11.2023
Source: Eagle/Adobe The international banking giants HSBC and Hang Seng Bank have joined China’s digital yuan pilot. 21st Century Business Herald reported that a group of “four foreign banks” have “officially announced the launch of digital yuan business.” HSBC’s Chinese arm confirmed...

Bitcoin Price Prediction: Dips, CBDC Threats, $1.5B Investment & Kiyosaki’s Advice

28.11.2023
In the ever-shifting landscape of cryptocurrencies, Bitcoin, the pioneering digital asset, is currently trading at $37,182, experiencing a slight downturn of around 1% on Tuesday. Amidst this fluctuation, Bitcoin continues to offer unparalleled transactional independence, a quality not without...

Singapore Central Bank Chief Sees No Future for Private Cryptocurrencies

28.11.2023
Source: PIxabay Singapore’s central bank’s managing director, Ravi Menon, emphasized that private cryptocurrencies falling short of fundamental financial service tests will eventually fade from the monetary scene. Menon outlined his vision for the future monetary system, highlighting three...

Standard Chartered to Participate in Trials of China’s Digital Yuan CBDC – Here’s What You Need to Know

27.11.2023
  Source: Adobe/amixstudio Standard Chartered, a British multinational bank, will initiate exchange services for China’s central bank digital currency (CBDC), the digital yuan, as it is set to participate in its trials. On November 27, Standard Chartered announced that it is set...

Standard Chartered joins China's CBDC pilot testing

27.11.2023
The British bank will provide e-CNY CBDC services to clients and explore its future use in China's financial system

Standard Chartered China Offering Exchange Services for Digital Yuan

27.11.2023

Eurasian Economic Union Minister: CBDCs Will Pave the Way for the Launch of a Digital Reserve Currency

27.11.2023
Sergei Glazyev, minister of integration and macroeconomics of the Eurasian Economic Union (EEU), has noted the advancements the adoption of central bank digital currencies (CBDCs) could ostensibly bring to the trading dynamics of the region. According to Glazyev, the launch of several digital...

Latam Insights: Milei Wins Runoff Election, Vows to Eliminate Central Bank in Argentina; Drex to Encourage Tokenization

27.11.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Libertarian Javier Milei wins the runoff election in Argentina, reinforcing his intention of eliminating the central bank. Also, the digital real...

China Links Digital Yuan to ‘World’s Biggest Commodities Market’

27.11.2023
Source: kitti/Adobe A state-owned Chinese bank will link the digital yuan to the “world’s biggest small commodities market” via the latter’s payment platform. Per the People’s Daily, the new “cross-border” CBDC drive is the brainchild of the Bank of China and the city of Yiwu. Not to be confused...

BIS General Manager Agustin Carstens Touts Tokenization as Part of the Future Financial System

25.11.2023
Agustin Carstens, general manager of the Bank for International Settlements (BIS), has discussed tokenization’s significance in modernizing the current siloed financial system. Carstens stated that only through tokenization can the world move to a more interconnected and programmable...

100,000 South Koreans Will Start Using CBDC Next Year

24.11.2023
Source: tktktk/Adobe The Bank of Korea (BOK) has announced that 100,000 South Korean citizens will start making “real-world” CBDC transactions next year. The central bank said that the digital won will be tested in the “fourth quarter of the next financial year.” Per the media outlet Newsway,...

Russian Bailiffs Will Get More Powers to Seize CBDC & Crypto

24.11.2023
Source: evgris/Adobe Moscow will give Russian bailiffs more new powers to seize digital rubles and cryptoassets in bankruptcy cases. Per Comnews, the plan is the brainchild of the Ministry of Justice and the Russian Federal Bailiff Service (FSSP). The ministry wants to give bailiffs a range of...