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Central Banks Successfully Test Over 30 CBDC Use Cases, Including Offline Payments
16.6.2023
An API layer could facilitate a wide range of central bank digital currency payment scenarios, a Bank for International Settlements and Bank of England experiment has shown
EU Draft Law Focused on Privacy in Using a Digital Euro Offline: CoinDesk
16.6.2023
A proposed digital euro would have to be usable offline from day one to safeguard privacy, according to a draft law obtained by CoinDesk.
“The digital euro shall be available for both online and offline digital euro payment transactions as of the first issuance of the digital euro,” according...
Ripple partners with Colombia’s central bank to explore blockchain technology
15.6.2023
The pilot program will run through 2023 with the intent of demonstrating blockchain utility to the general public
EU’s Leaked Digital Euro Bill Outlaws Interest, Large Holdings, Programmability
15.6.2023
The central bank digital currency must be usable offline from day 1 to safeguard privacy, the draft law says
CBDC 'human rights' tracker revealed at Oslo Freedom Forum
14.6.2023
The pro-Bitcoin nonprofit says it will flag potential civil liberty concerns as more countries are expected to develop CBDC technology
European Central Bank Would Need To Set Limits on Use of Digital Euro Under Draft Proposal: Bloomberg
14.6.2023
The European Union’s executive branch will unveil plans for a digital euro that would require the European Central Bank to set limits on its use, according to a report from Bloomberg News.
The ECB would have to decide on the instruments needed to ensure financial stability, according to a draft...
Privacy should be considered in ‘potential retail CBDC’ — Treasury official
14.6.2023
U.S. Treasury official Graham Steele told an audience at a Texas payments conference that a future CBDC in America should consider anonymity
Brazil Central Bank Unveils CBDC, Tokenization ‘Events’ – Digital Real Rollout Imminent?
14.6.2023
Brazil’s Central Bank, the Banco Central do Brasil (BCB), has unveiled a “roadmap” of events ahead of the nation’s CBDC rollout.
In an official BCB release, the bank stated that it would also begin assessing the possibility of enabling the launch of tokenized assets.
The BCB unveiled a list...
The US Treasury Is Looking Into Privacy in Studying the Potential of a CBDC, Official Says
13.6.2023
The US Department of the Treasury is looking into privacy behind the potential of a future retail central bank digital currency, a Treasury official said on Tuesday.
A retail CBDC has pros and cons, said Graham Steele, assistant secretary for financial institutions at US Treasury, on Tuesday...
U.S. Treasury Examining How Using Digital Dollars Could Be Kept Private
13.6.2023
As the Treasury Department studies a possible central bank digital currency, senior official Graham Steele says the effort is looking at privacy, but is also wary of CBDC run risks
Majority of Americans Hesitant to Embrace Central Bank Digital Currency, Survey Finds
13.6.2023
A recent poll conducted by the Cato Institute and public opinion firm Yougov reveals that the majority of Americans are hesitant to adopt a central bank digital currency (CBDC). The findings indicate that support for a CBDC remains relatively low among survey respondents. U.S. CBDC Support Remains...
China Hopes Hard Wallets Will Spur Digital Yuan Adoption – CBDC Focuses on ‘Elderly & Children’
13.6.2023
A Chinese city says it is rolling out offline digital yuan “hard wallets,” with the nation targeting CBDC uptake among “elderly citizens and children.”
Per Changsha Evening News, the city of Changsha, Hunan Province, has announced it will debut “elderly and children-friendly” digital yuan hard...
Thailand launches retail CBDC pilot with 2 banks and Singapore payment service
12.6.2023
The project, delayed from last year, will enlist bank employees and nearby businesses for the pilot. Each payment provider has launched its own app
Chinese Charities Accepting Digital Yuan Donations – More CBDC Firsts to Come?
10.6.2023
Chinese charities are now accepting digital yuan donations, with the nation’s CBDC also breaking new ground in the world of corporate loans.
Per the media outlet WXRB, the coastal province of Jiangsu has welcomed its first “online corporate and personal digital yuan donations platform.”
At...
Bitmex Group CEO: US Crypto Crackdown May Drive Top Talent to ‘Markets With More Regulatory Certainty and Lower Risk’
10.6.2023
Unlike in the United States where authorities are cracking down on the crypto industry, the regulations governing the industry are “more clearly defined and commercially viable in markets like Hong Kong, Singapore, and the UAE,” Stephan Lutz, the group CEO and CFO of the crypto exchange...
Today in Crypto: Google Cloud Offers Certain Customers Up To $1M for Cryptomining Attacks, Countdown Until MiCA Enters into Effect Officially Starts, Hong Kong to Lay Foundations to Implement Retail CBDC
9.6.2023
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: Google Cloud Offers Certain Customers Up To $1M for Cryptomining Attacks, Countdown Until MiCA Enters into...
Hong Kong Monetary Authority to Prepare for Retail CBDC
9.6.2023
The regulator will start conducting in-depth studies and pilots on the implementation of a future e-HKD
US Senator Bill Hagerty Warns SEC Actions ‘Pave the Way’ for a CBDC
9.6.2023
Tennesse U.S. senator Bill Hagerty has warned about the consequences of the recent actions of the Securities and Exchange Commission (SEC) against cryptocurrency platforms in the country and the objectives that might be behind these. Hagerty stated that the true motivation behind the lawsuits...
Cardano Price Prediction as Founder Charles Hoskinson Warns of CBDC Agenda – How Will ADA Price React?
7.6.2023
The price of Cardano (ADA) has slipped by 3% in the past 24 hours, following the commencement of SEC legal actions which name the altcoin as a security.
At $0.341594, ADA is down by 9% in the past week, although the cryptocurrency has gained by 38.5% since the beginning of the year.
However...
IOHK’s Charles Hoskinson Warns of CBDC Agenda and Potential Dystopian Future Amid Binance Lawsuit
6.6.2023
Following the lawsuit filing by the U.S. Securities and Exchange Commission (SEC) against Binance, encompassing 13 allegations of “operating unregistered trading platforms” and “participating in multiple unregistered offers and sales of crypto asset securities,” Charles...