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Nalezeno "G7 CBDC": 2912

Report: Tanzania Closer to Launching a CBDC

12.5.2022
Tanzania is getting closer to launching a central bank digital currency (CBDC) which gives the country’s residents a “safe alternative,” the central bank governor has said. However, no date for the digital currency launch has been given. Growing Interest in Cryptocurrencies...

Chile puts CBDC plans on hold until end of 2022 to undertake more analysis

12.5.2022
Chile’s planned start to its digital peso rollout in early 2022 has been held back while its central bank conducts more analysis to inform a new report by the end of the year

Bank of Israel claims 'public support' for its CBDC project

11.5.2022
Stakeholders believe that the digital shekel would boost competition, but remain divided on the matter of privacy

Chinese Banks Launch Automatic Digital Yuan-to-Fiat Conversion Tools

11.5.2022
Chinese banks are exploring new methods of enabling digital yuan users to earn interest on their central bank digital currency holdings – with “smart management” tools that can detect when funds have been left idle for long periods of time.... Read More: Chinese Banks Launch Automatic Digital...

Report: Nigerian CBDC Wallet Update to Enable Utility Payments, USSD Functionality to Be Added

11.5.2022
The Nigerian central bank digital currency (CBDC) wallet app is set for an update that will see users given the ability to pay for utilities like pay television and for topping up airtime. The addition of the unstructured supplementary service data (USSD) functionality to the wallet app means...

The Fed cites worries about stablecoin in its latest Financial Stability Report

10.5.2022
The report points out stablecoin’s possible low stress resistance and overuse in leveraged cyptocurrency trading, reiterates its position on CBDC

KuCoin Valued at USD 10B, Three New Crypto ETFs, Circle's 'Decentralized Identity' + More News

10.5.2022
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: KuCoin Valued at USD 10B, Three New Crypto ETFs, Circle's 'Decentralized Identity' + More News

Sand Dollar CBDC Could ‘Foster Financial Inclusion’ in the Bahamas - IMF

10.5.2022
The Sand Dollar, a central bank digital currency (CBDC) developed by the Bahamas, has the potential to “foster financial inclusion and payment system resilience” in the Caribbean nation, a new report from the International Monetary Fund (IMF) has said.... Read More: Sand Dollar CBDC Could...

Nigeria upgrades CBDC as crypto restrictions cripple fintech industry

10.5.2022
Nigeria’s central bank has upgraded its eNaira to steer the country away from crypto even after a UN report stated that restrictions on digital currencies are stifling the nation's fintech sector

BIS: 9 out of 10 Central Banks Worldwide Are Exploring Digital Currencies — Driven by Crypto Market

10.5.2022
Nine out of 10 central banks globally are exploring central bank digital currencies (CBDCs), according to the latest survey by the Bank of International Settlements (BIS). Furthermore, “the emergence of stablecoins and other cryptocurrencies have accelerated the work on CBDCs.”...

IMF recommends the Bahamas ‘accelerate its education campaigns’ on CBDC

9.5.2022
In addition to recommending the financial education of the public in the Bahamas, the IMF hinted at the importance of a “robust supervisory and regulatory framework” for digital assets

Alipay Provides Digital Yuan Boost as COVID-19 Deals PBoC Blow

7.5.2022
The e-payments giant Alipay, part of the Alibaba business empire, has added an advanced search function for users wishing to use its platform to make payments using the digital yuan within the fast-expanding pilot zone.... Read More: Alipay Provides Digital Yuan Boost as COVID-19 Deals PBoC Blow

90% of surveyed central banks are exploring CBDCs — BIS

6.5.2022
“Globally, more than two-thirds of central banks consider that they are likely to or might possibly issue a retail CBDC in either the short- or medium-term,” said the BIS

'Regulations are in place to help crypto businesses understand operations,' says The Bahamas PM Philip Davis

6.5.2022
The Bahamas Prime Minister Philip Davis shared his plans to welcome crypto businesses to the region during SALT’s Crypto Bahamas

Number of Central Banks Involved in CBDC Projects Almost Doubles Year-On-Year - BIS Report

6.5.2022
A rising number of central banks globally have the legal authority to issue central bank digital currencies (CBDCs), and, compared with a year earlier, the share of central banks which are currently developing a CBDC or running a pilot nearly doubled from 14% to 26%, according to a new report...

ECB Favors Transparency Over Privacy in Digital Euro Design, Presentation Reveals

5.5.2022
The European Central Bank (ECB) leans toward a “transparent” digital euro over one that ensures a higher level of privacy for its users, a presentation devoted to the project has indicated. In the document, the monetary authority explores different privacy options for...