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10% of Central Banks Surveyed Close to Issuing Digital Currencies: BIS

A fifth of the world's population may well have access to a central bank digital currency in as little as three years, according to a BIS survey......»»

Category: forexSource: coindeskJan 24th, 2020

Facebook spurred central banks to study digital currencies: former Japan central banker

The challenge posed by Facebook's Libra cryptocurrency likely prodded major central banks to set up a new group to study the potential for issuing their own digital currencies, a former Bank of Japan executive said on Wednesday......»»

Category: topSource: reutersJan 22nd, 2020

Central banks band together to consider issuing their own digital currencies

Reuters/Christinne Musch.....»»

Category: topSource: businessinsiderJan 21st, 2020

Central Banks See ‘No Value’ in Issuing Digital Currency: BIS Chief

BIS chief Agustin Carstens has said that central banks are wary about issuing digital currencies due to the "huge operational consequences.".....»»

Category: forexSource: coindeskMar 25th, 2019

New Central Bank Group to Discuss Digital Currency Benefits at April Meeting: Report

The heads of six major central banks will hold their first meeting on potentially developing their own digital currencies in April, Nikkei says......»»

Category: forexSource: coindeskFeb 6th, 2020

Fedcoin? The U.S. central bank is looking into it

The Federal Reserve is looking at a broad range of issues around digital payments and currencies, including policy, design and legal considerations around potentially issuing its own digital currency, Governor Lael Brainard said on Wednesday......»»

Category: topSource: reutersFeb 5th, 2020

Fed looking into central bank digital coins, Brainard says

The Federal Reserve is looking at a broad range of issues around regulations and protections for digital payments and currencies, including the costs and potential benefits of issuing its own digital currency, Governor Lael Brainard said on Wednesday......»»

Category: topSource: reutersFeb 5th, 2020

Facebook triggered central banks to study digital currencies, Reuters reports

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallJan 22nd, 2020

Japan, Canada, Europe Central Banks Group Up To Discuss Launching Digital Currencies

Japan, Canada, Europe Central Banks Group Up To Discuss Launching Digital Currencies.....»»

Category: blogSource: benzingaJan 22nd, 2020

Volcker Might Have Said Yes to a Digital Dollar – If He Knew What It Was

What would the late former Federal Reserve Chair Paul Volcker have thought about digital currencies issued by central banks?.....»»

Category: forexSource: coindeskDec 12th, 2019

Fed Official Says Digital Central Bank Currency Is ‘Inevitable’

Philadelphia Federal Reserve bank president Patrick Harker said it is “inevitable” for the central banks to start issuing digital currency......»»

Category: forexSource: coindeskOct 3rd, 2019

ING’s Chief Economist Predicts Central Bank Digital Currencies in 2-3 Years

Dutch bank ING's chief economist has said Facebook's Libra is pressuring central banks to launch their own digital currencies, and soon......»»

Category: forexSource: coindeskSep 27th, 2019

BIS Chief: Central Banks May Issue Digital Currencies ‘Sooner Than We Think’

The chief of the Bank for International Settlements has acknowledged that central banks will likely soon need to issue their own digital currencies......»»

Category: forexSource: coindeskJul 1st, 2019

IMF Survey Indicates Digital Currencies Backed by Central Banks Could Be Real

The International Monetary Fund has released the results of a survey of the world's central bankers on the current state of fintech development and where the sector may be headed......»»

Category: blogSource: 247wallstJun 28th, 2019

Central Banks Settle Cross-Border Payments With Blockchain for First Time

The central banks of Canada and Singapore have for the first time settled cross-border payments using blockchain and central bank digital currencies......»»

Category: forexSource: coindeskMay 2nd, 2019

Central banks use blockchain for first time to swap currency

The Bank of Canada and Monetary Authority of Singapore have sent each other digital currencies using blockchain technology, marking the first such successful trial between two central banks......»»

Category: topSource: moneycentralMay 2nd, 2019

The Future of Money: Digital Currency

Brookings Institution Fellow Eswar Prasad testified last week on digital currencies and central banks before a U.S. House subcommittee on monetary policy and trade......»»

Category: blogSource: 247wallstJul 20th, 2018

Private Sector Innovation Is The Key To Blockchain Adoption On A Global Scale

In an interview with Coin Telegraph published yesterday, Ryan Taylor, CEO of Dash Group, claimed that the ‘inevitable future’ of Blockchain adoption would lie with digital currencies issued by Central Banks. .....»»

Category: blogSource: valuewalkOct 24th, 2018

Most Central Banks Back Digital Currency If DLT Improved: IBM Survey

A new IBM survey finds most central banks polled back issuing a wholesale digital currency, but are still uncertain about blockchain's efficiency......»»

Category: forexSource: coindeskOct 26th, 2018

Korean Central Bank Study: Issuing Digital Currency Poses Financial Risk

A Bank of Korea study concluded that a central bank digital currency could adversely affect commercial banks and ultimately financial stability......»»

Category: forexSource: coindeskFeb 7th, 2019

Why We Should Stop Thinking of ‘Crypto’ as a Single Industry

Enterprise blockchains, central bank digital currencies, digital collectibles, DeFi, and bitcoin. How much do they really have to do with one another?.....»»

Category: forexSource: coindesk5 hr. 20 min. ago