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Nalezeno "CBDCs": 698

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...

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...

HTX hacked again for $13.6M, 100K Koreans test CBDC, Binance 2.0: Asia Express

24.11.2023
HTX hacked for $13.6M — the ecosystem’s fourth hack in recent months — 100K Koreans test out CBDC, and Binance is dead, long live Binance!

Ripple’s James Wallis underscores CBDCs’ role in breaking financial barriers

19.11.2023
Wallis clarifies that financial inclusion aims to extend financial services to individuals worldwide, especially those with low incomes and no ties to financial institutions

Bitcoin Price Prediction as BTC Falls Below $36,500 – Where is the Next Support Level?

18.11.2023
In the ever-evolving world of cryptocurrency, Bitcoin (BTC) has experienced a slight retreat, now trading at $36,410, marking a 0.25% decrease on Saturday. This latest fluctuation comes amid significant developments in the crypto space. The IMF chief’s encouragement for the adoption...

IMF Chief Says Central Bank Digital Currencies Can Replace Cash — Urges Public Sector to Prepare for CBDC Deployment

18.11.2023
International Monetary Fund (IMF) Managing Director Kristalina Georgieva says central bank digital currencies (CBDCs) can replace cash. She has urged the public sector to “keep preparing to deploy CBDCs and related payment platforms,” emphasizing that these platforms “should...

CBDCs Like a Digital Dollar Face Doubts Without Privacy Protections, Key Organization Finds

17.11.2023
A study found that privacy increases participants’ willingness to use a CBDC by up to 60% when purchasing privacy-sensitive products

Mastercard Says Customers Are Too Comfortable With Today's Money for Adoption of CBDCs: CNBC

17.11.2023
The widespread use of central bank digital currencies (CBDCs) does not have enough justification at the moment as customers are so comfortable using today's type of money, a senior Mastercard official has said

CBDC’s Not Yet Ready for Mainstream, Says Mastercard Expert

17.11.2023
Source: Pixabay / AKuptsova Mastercard’s expert Ashok Venkateswaran has expressed skepticism about the current viability of widespread central bank digital currencies (CBDC), claiming that the broad adoption of CBDC could be “difficult,” according to CNBC. Venkateswaran, Mastercard’s Blockchain...

CBDCs have the potential to ‘replace cash,’ says IMF Director

16.11.2023
Kristalina Georgieva, the managing director of IMF, recently stated that CBDCs can replace cash. The director asked central banks to focus on the benefits of these digital currencies. Georgieva talked about Central Bank Digital Currencies at the Singapore FinTech Festival. The director advised...

The Subtle Art of Slow: The CBDC Adoption Journey

15.11.2023

Bank of America: CBDC Adoption Grows Globally, but Digital Dollar Not Imminent

15.11.2023
Source: iStock/E_Y_E The United States is working on a digital dollar but is unlikely to actually launch one anytime soon, according to Bank of America. In a Monday report, analysts led by Alkesh Shah said that central banks for 67% of countries are exploring central bank digital currencies...

CBDCs Good for Payments, Even With Competition: IMF

15.11.2023
The International Monetary Fund's planned CBDC handbook offers guidance for policymakers on how to explore digital versions of sovereign currencies

IMF Director Urges Institutions to Look Toward CBDCs, Highlights Cross-border Utility

15.11.2023
Source: AdobeStock / Kristina Blokhin The managing director of the International Monetary Fund (IMF) Kristalina Georgieva has publicly praised the deployment of Central Bank Digital Currencies (CBDCs) by more countries. Speaking at the Singapore FinTech Festival, on the theme “Financial Inclusion...

IMF head: CBDCs can replace cash, help financial inclusion

15.11.2023
International Monetary Fund Managing Director Kristalina Georgieva urged the public sector to “keep preparing to deploy” central bank digital currencies

U.S. CBDC Is Unlikely in the Near Term: Bank of America

15.11.2023
The Federal Reserve continues to pilot a central bank digital currency, but will not issue one without executive branch and Congressional support, the report said

BIS Chief Touts Benefits of CBDCs, Says Crypto Reveals ‘Poorly Designed and Poorly Supervised Financial Systems’

8.11.2023
In a Wednesday speech in Basel, Switzerland, Bank for International Settlements (BIS) chief Agustín Carstens argued that central bank digital currencies (CBDCs) will “sit at the core of the future financial system,” bringing innovation and meeting public expectations. While Challenges Remain,...