Search
Kenyan Central Bank: CBDC Not a Priority ‘in the Short to Medium Term’
6.6.2023
The Kenyan central bank has said implementing a central bank digital currency (CBDC) may not be a priority for Kenya in the short to medium term. According to the central bank, Kenya’s “pain points in payments can potentially be solved by strengthening innovations around the existing payment...
Today in Crypto: JPMorgan Partners with 6 Indian Banks on Blockchain-Based Interbank Transactions, APPG Makes 53 Crypto Recommendations to the UK Government, Charles Hoskinson Warns About the Rise in AI-generated Frauds
5.6.2023
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: JPMorgan Partners with 6 Indian Banks on Blockchain-Based Interbank Transactions, APPG Makes 53 Crypto...
Privacy Concerns Dominate CBDC Discussion at Consensus 2023
5.6.2023
Some Consensus 2023 participants argue that the economic benefits of CBDCs are not worth the threats to privacy in an excerpt from CoinDesk’s first-ever Consensus @ Consensus Report
More China CBDC Public Transport Options Unveiled – Digital Yuan Readies Asian Games Debut
3.6.2023
Digital yuan payment adoption is stepping up in China ahead of the Asian Games, with venue cities rolling out a range of central bank digital currency (CBDC) transport options.
Per Shanghai Securities News, preparations are in advanced stages in the host city of Hangzhou, Zhejiang Province.
The...
CBDC 'may not be a compelling priority,' says Kenya's central bank
2.6.2023
The central bank released its statement in response to comments on a CBDC discussion paper published in February 2022
Standard Chartered, PwC make case for programmable CBDC in China Greater Bay Area
1.6.2023
With 11 megalopolises and three currencies, Guangdong, Hong Kong and Macao make up a region that is ripe for CBDC research
US Lawmakers Introduce Bill to Halt Federal Reserve’s Digital Dollar Testing, Citing Concerns for American Liberties
1.6.2023
U.S. lawmakers have introduced a bill to prohibit the Federal Reserve from “establishing, carrying out, or approving a program intended to test the practicability of issuing” a central bank digital currency (CBDC). “CBDCs would threaten the liberties of law-abiding Americans and are being used...
Microsoft’s CSO says AI will help humans flourish, cosigns doomsday letter anyway
31.5.2023
Eric Horvitz penned a blog post lauding the transformative nature of AI on the same day he cosigned a document warning it could kill us all
European Central Bank Wraps Up Digital Euro Prototypes; Decision on Development Awaits
31.5.2023
As part of the investigation phase of its digital euro project, the European Central Bank (ECB), which serves as the European Union’s central bank, has released two reports on the institution’s market research and prototyping exercise.
The Eurosystem, which includes the ECB and the national...
Coinbase CEO Criticizes US Lawmakers, Regulators Over Regulatory Approach, Warns of Upcoming Innovation in China
31.5.2023
Coinbase CEO Brian Armstrong criticized US lawmakers and regulators over their approach to bringing “regulatory clarity” to cryptocurrency and warned that innovation is moving offshore.
Countries like China will benefit from “restrictive U.S. crypto policies,” Armstrong said in a MarketWatch...
Today in Crypto: Key App Reveals Bridge Connecting Solana & Ethereum, ECB Publishes Two Reports on Digital Euro, Russia Abandons National Crypto Exchange Plans, CoinEx Launches BitHK
30.5.2023
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: Key App Reveals Bridge Connecting Solana & Ethereum, ECB Publishes Two Reports on Digital Euro, Russia...
ECB Finalizes Digital Euro Prototypes as Development Decision Looms
30.5.2023
The central bank has examined the use of distributed ledger technology and smart contracts for its potential new digital currency
Bank of Japan Releases CBDC Report and Launched Its Pilot Program As Other Countries Gain Steam
30.5.2023
The Bank of Japan released the results and findings of a report on central bank digital currencies
Japan launched a pilot program in April, the bank said in its report on Monday....
Read More: Bank of Japan Releases CBDC Report and Launched Its Pilot Program As Other Countries Gain Steam
Japan launches digital yen pilot project after second successful proof of concept
29.5.2023
With the end of the proofs of concept, the Bank of Japan has initiated its CBDC pilot and plans more to gather more public and business feedback
Chinese Healthcare, Energy Firms Enable CBDC Pay – Digital Yuan Adoption Accelerating?
28.5.2023
Chinese healthcare and energy sector providers will allow patients and customers to pay with the digital yuan, in new breakthroughs for the nation’s central bank digital currency (CBDC).
Per the Chinese media outlet WXRB, both outpatients and hospitalized mental healthcare patients can now use...
ECB sums up digital euro prototyping exercise as it nears possible pilot launch
26.5.2023
The European Central Bank exercise looked at a variety of use cases, most of which were quite satisfactory, as well as the use of self-custodied wallets
Visa, Microsoft and others join Brazilian CBDC pilot
26.5.2023
Both national and global companies will take part in the upcoming pilot project of the Brazilian central bank digital currency
Brazilian Central Bank Reveals CBDC Pilot Partners – One Is a Major Crypto Player
26.5.2023
The Brazilian Central Bank has revealed the firms it will work on for its central bank digital currency (CBDC) pilot – and the list includes the crypto-keen neobank Nubank.
According to an official Central Bank release, the bank wants to "evaluate the benefits" of the prototype digital real using...
Seven Central Banks Contemplate the Future of Retail CBDCs in Latest Report
26.5.2023
The Bank for International Settlements, which serves as a “bank for central banks,” released its latest paper examining retail central bank digital currencies, as its members “are approaching a point” as to whether or not they should move forward in their CBDC work.
Central banks representing...
Brazil's Central Bank Selects 14 Participants for CBDC Pilot
25.5.2023
Among those selected are the largest local banks, Visa and Microsoft