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Nalezeno "G7 CBDC": 2912

Issuing digital euro, or ‘Cash+,’ is probably a duty, French central banker says

22.6.2023
François Villeroy de Galhau tried to soft sell the proposed euro CBDC to commercial bankers, emphasizing collaboration and the CBDC’s advantages

Monetary Authority of Singapore Proposes Protocol for Digital Money, Includes CBDCs and Stablecoins

21.6.2023
Singapore’s central bank has proposed a whitepaper on purpose-bound money (PBM), a protocol that will define benchmarks for the use of digital money including central bank digital currencies (CBDCs) and stablecoins. ... Read More: Monetary Authority of Singapore Proposes Protocol for Digital Money...

Central Banks Propose CBDC, Stablecoin Standards With Amazon, Grab Running Trials

21.6.2023
The Monetary Authority of Singapore (MAS), in collaboration with the IMF and other central banks, is proposing common conditions for retail payments with digital money on a distributed ledger

International Central Bank Group BIS: Global Financial System Could Benefit from Unified CBDCs

21.6.2023
A unified electronic ledger, combining central bank digital currencies (CBDCs) and other tokenized assets, has the potential to enhance the global financial system, according to a report by the Bank for International Settlements (BIS). The proposed ledger would leverage automated smart contracts...

Right to Pay With Cash Enshrined in Constitution of Slovakia Amid Digital Euro Fears

21.6.2023
A member of the eurozone is amending its constitution in order to guarantee citizens the right to cash payments. The move comes amid growing fears that a digital version of the common European currency may eventually become the only means of payment in the eurozone, despite currently being touted...

Digital Euro: The Bill Is Ready but Politicians Aren’t Convinced

21.6.2023
A plan to legislate for the central bank digital currency may still be on track for publication, but there is still significant political skepticism about the purpose

IMF Working on Platform to Support CBDC Cross-Border Interoperability

21.6.2023
The International Monetary Fund (IMF) is working to develop a platform that would serve as an interoperability layer for central bank digital currencies (CBDCs), allowing for settlements among different countries. According to statements from IMF Managing Director Kristalina Georgieva, this would...

Bank of England Project Finds CBDCs Could Introduce 'Programmability' to Money

20.6.2023
A trial conducted by the Bank of England (BoE) and the Bank for International Settlements (BIS) Innovation Hub has highlighted the potential central bank digital currencies (CBDCs) have for introducing “programmability” to money.... Read More: Bank of England Project Finds CBDCs Could Introduce...

BIS releases unified ledger proposal for cross-border, tokenized asset transactions

20.6.2023
Like the IMF’s single ledger proposal released a day earlier, BIS' unified ledger uses familiar concepts, such as tokenization, without the blockchain

IMF's CBDC push gets feedback from the crypto community: 'No one wants this'

20.6.2023
A community member described CBDCs as a “dystopian nightmare” and argued that it will give governments complete control over an individual

Unified Ledger for CBDCs, Tokenized Assets Could Enhance Global Financial System: BIS

20.6.2023
“This would be a game-changer in how we think about money and how transactions take place,” said the central bank group’s Head of Research Hyun Song Shin

Tokenization Could be a $5T Opportunity Led by Stablecoins and CBDCs: Bernstein

20.6.2023
About 2% of global money supply, via stablecoins and CBDCs, could be tokenized over the next five years, which is about $3 trillion, the report said

China Pilots Power- and Network-free CBDC Metro Payments

20.6.2023
The Chinese city of Quingdao will pilot an electricity- and network-free digital yuan public transport payments solution, marking another national first for the central bank digital currency (CBDC). The news comes as another city in the pilot zone announced it will give away some $140,000 of CBDC...

IMF Is Working Hard on a Global CBDC Concept, Director Georgieva Said: Bloomberg News

20.6.2023
International Monetary Fund Managing Director Kristalina Georgieva said that the agency is “working hard on a concept of global infrastructure” to make sure there is interoperability of settlements between digital currencies that are issued by national central banks, according to Bloomberg...

Fear of a digital euro prompts Slovakia to add cash rule to constitution

19.6.2023
Slovakia’s parliament passed a measure to amend its constitution to codify the right of its citizens to pay for goods and services with cash

IMF envisions ‘new class’ of cross-border payment platform with single ledger

19.6.2023
The XC platform could operate domestically using tokenized assets, including deposits, with or without CBDCs

Today in Crypto: IMF Will 'Pursue Relentlessly' CBDC Development, France Supports Global DeFi Rules, Crypto.com Operating Internal Proprietary Trading & Market-Making Teams, Wyre Set to Shut Down

19.6.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________... Read More: Today in Crypto: IMF Will 'Pursue Relentlessly' CBDC Development, France Supports Global DeFi Rules, Crypto.com Operating...

Today in Crypto: IMF Will 'Pursue Relentlessly' CBDC Development, France Supports Global DeFi Rules, Crypto.com Operating Internal Proprietary Trading & Market-Making Teams, Wyre Set to Shut Down

EU Legislation for Digital Euro Is Put on Hold: Source

19.6.2023
A bill covering privacy and distribution of the central bank digital currency, originally scheduled for June 28, will be delayed

‘Britcoin’ launch inches closer after Project Rosalind CBDC tests

19.6.2023
A major study between the BIS and the U.K. central bank found a retail CBDC could make peer-to-peer payments cheaper and easier