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Fed governor Waller says US CBDC would not enhance things the world loves about US fiat
14.10.2022
The U.S. and the world benefit from the primacy of the U.S. dollar in the world economy, but it is stablecoin, not a CBDC, that will enhance the fiat’s place, according to Waller
Chinese Digital Currency Transactions Exceed 100 Billion Yuan, Central Bank Says
14.10.2022
Spending with China’s state-issued digital currency has surpassed 100 billion yuan, close to $14 billion, by the end of August, the country’s monetary authority revealed. More than 5 million merchants now accept the digital yuan in 15 Chinese regions as Beijing continues to expand the pilot areas....
China floats idea of 'Asian yuan' to reduce reliance on US dollar
14.10.2022
The proposed distributed ledger technology-backed “Asian yuan” token would supposedly help reduce Asia’s dependence on the U.S. dollar for international business
China's CBDC Transactions Reach $14B as Uptake Slows: Report
13.10.2022
Transaction volume in e-CNY has only increased by 14% in 2022 from the end of last year compared to the 154% growth recorded in the last six months of 2021
China’s Central Bank Digital Yuan Transactions Surpass $14 Billion
13.10.2022
China's digital yuan has processed over 100 billion yuan (close to $14 billion) worth of transactions so far, becoming the most widely adopted central bank digital currency (CBDC) across the globe.
The e-CNY has recorded $13.9 billion worth of transactions as of August 31, the People’s Bank...
Bank of China: Digital yuan transactions volume crossed $14B mark
13.10.2022
The largest CBDC pilot in the world is going to expand on citizen payments and cross-border operations with Hong Kong
Report: Zimbabwe Tertiary Learning Institution Developing Central Bank Digital Currency
12.10.2022
Harare Institute of Technology, a Zimbabwean higher learning institution, is reportedly developing a central bank digital currency (CBDC). Quinton Kanhukamwe, the institution’s vice chancellor, said the digital currency is expected to help eliminate vices such as currency manipulation...
Crypto News Summary: FTX V2 Announced, Transit Finance Hacker Returning Funds, Dapper Labs Restricts Russian Accounts
10.10.2022
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: Crypto News Summary: FTX V2 Announced, Transit Finance Hacker Returning Funds, Dapper Labs Restricts Russian Accounts
India's Central Bank Plans to Launch Digital Rupee CBDC
9.10.2022
The Reserve Bank of India (RBI) will soon launch pilot tests for its upcoming digital rupee in a bid to increase awareness around its Central Bank Digital Currency (CBDC).
The country's central bank announced the news on Friday, detailing that the digital rupee will be available for specific...
India’s Central Bank RBI Publishes Digital Currency Details — Confirms Digital Rupee Pilot Launching ‘Soon’
9.10.2022
India’s central bank, the Reserve Bank of India (RBI), says it will soon commence “limited pilot launches” of the country’s digital currency (digital rupee) for specific use cases. The central bank explained that “multiple technological options shall be tested...
Crypto News Summary: Visa Report Says $400M Stolen from Crypto Bridges, Bitstamp to Assists Mt. Gox Repayment Process, Solana Reveals a Bug
7.10.2022
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: Crypto News Summary: Visa Report Says $400M Stolen from Crypto Bridges, Bitstamp to Assists Mt. Gox Repayment Process...
RBI’s Concept Note on CBDC to Begin the Pilot Launch of e-rupee
7.10.2022
The Reserve Bank of India has issued a concept note on Central Bank Digital Currency (CBDC) with the instructions to launch its pilot project of the e-rupee. This is being done to generate a general perception of such a form of currency. Secondly, bringing about a certain amount of familiarity...
India’s central bank outlines digital rupee CBDC plans
7.10.2022
India's Reserve Bank outlined the pros and cons of a digital rupee as it looks to raise awareness around its CBDC project
Indian Central Bank Publishes Concept Note on its CBDC, Digital Rupee
7.10.2022
"Currently, we are at the forefront of a watershed movement in the evolution of currency that will decisively change the very nature of money and its functions," the RBI said in its concept note
Canadian central bank identifies retail CBDC archetypes in theory-heavy analysis
6.10.2022
An analyst at the Bank of Canada has written a paper that identifies recurring patterns in CBDC models and how those patterns impact a list of performance criteria
Crypto News Summary: Hiro Integrates w/ Ledger, SWIFT Lays Out Global CBDC Blueprint, Greenidge Generation Looking to Raise up to $22.8M
6.10.2022
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: Crypto News Summary: Hiro Integrates w/ Ledger, SWIFT Lays Out Global CBDC Blueprint, Greenidge Generation Looking to Raise...
Namibian Central Bank: Virtual Assets ‘Remain Without Legal Tender Status’ but Merchants Can Still Accept Them as Payment
6.10.2022
The Bank of Namibia recently said it has brought virtual assets and virtual asset service providers under its fintech innovations regulatory framework, and that it plans to amend applicable laws and regulations. According to the central bank’s governor, there is an ongoing “battle...
US lawmakers request Justice Dept share CBDC assessment
5.10.2022
The House members claimed the "appropriate place for the discussion" on legislation concerning a digital dollar would be in the U.S. legislative branch
Republican Lawmakers Who Oppose a Fed-Issued CBDC Ask for US Justice Department's Assessment
5.10.2022
A group of Republican lawmakers on the House Financial Services Committee have asked U.S. Attorney General Merrick Garland to share the Justice Department's assessment on whether the Federal Reserve has the necessary authority to issue a central bank digital currency (CBDC)
SWIFT says it has reached a 'breakthrough' in recent CBDC experiments
5.10.2022
"For CBDCs, our solution will enable central banks to connect their own networks simply and directly to all the other payments systems in the world through a single gateway," said chief information officer Tom Zschach