Tag: CBDC
BIS Chief Urges Global CBDC Regulatory Framework Collaboration
The Bank for International Settlements’ (BIS) Chief, Augustin Carstens, has recently emphasized the urgent need for nations to collaborate on crafting an interoperable...
US Congress Bans Federal Reserve from Creating CBDC
Today, the United States Financial Services Committee passed the first anti-CBDC (Central Bank Digital Currency) bill. The initiative echoes sentiments shared by many...
Federal Reserve Says US CBDC Issuance is Far Off
In a speech at the Federal Reserve Bank of Philadelphia’s Seventh Annual Fintech Conference, Vice Chair for Supervision Michael S. Barr articulated the...
Mastercard Aims to Accelerate CBDC Deployment and Adoption
Credit giant Mastercard wants to work with blockchain and crypto companies on its central bank digital currency (CBDC) program. The firm has touted...
A CBDC Will Have Little Economic Impact in Colombia
New research by Colombia’s central bank finds that the adoption of a central bank digital currency (CBDC) will have a minimal impact on...
Canadian Apex Bank Finds Weak Incentives for CBDC Adoption
A new report from the Bank of Canada indicates that Canadians have ‘relatively weak incentives to adopt and use a central bank digital...
Mastercard Fights Fraud With AI Tool but CBDC Future Uncertain
Mastercard introduces a new tool that uses artificial intelligence (AI) to detect unauthorized flows through bank accounts, even as shiny new real-time payments...
Swiss Central Bank Will Launch a Wholesale CBDC Pilot
At a conference in Zurich on Monday, the chairman of the Swiss National Bank (SNB) announced that the bank plans to issue a...
IMF Fears EU Leading Western Governments’ CBDC Push
The head of the International Monetary Fund (IMF) said efforts were underway to create a synchronized globally interoperable platform for advancing central bank...
Bank of England Completes Retail CBDC Study
The Bank of England (BoE) and the Bank for International Settlements (BIS) have completed a year-long study into retail central bank digital currency...
US Official Calls for Balance to Manage Fed-Led CBDC Risks
Graham Steele, Assistant Secretary for Financial Institutions, emphasized the growing trend of digitization in financial services during the Transform Payments USA conference. The...
Thailand CBDC Project Rolls Forward With Another Retail Pilot
The Bank of Thailand is pushing ahead with its central bank digital currency (CBDC) project through a new pilot. The central bank is...
Hong Kong Embarks on Retail CBDC Preparations
The Chinese Special Administrative Region of Hong Kong will begin laying the foundation of a public-use central bank digital currency (CBDC). The announcement...
TMS Network (TMSN) Ready To Post 100x Gains, Ripple (XRP) Ranked For CBDC; And East 2.0 Launched On Waves (WAVES)
The crypto market has witnessed many new entrants in recent months. One of them, which has made the most impact on experts is...
XRP 2023 Price Prediction: As Ripple Unleashes CBDC Platform, Will XRP Soar Like New Crypto Caged Beasts’ Pre-Sale Potential?
Ripple Labs, a prominent player in the blockchain space, has recently introduced an innovative platform dedicated to central bank digital currencies (CBDCs). As...