Visa Patent Filing Would Allow Central Banks to Mint Digital Fiat Currencies Using Blockchain
The filing details a way for fiat currencies, like the U.S. dollar, to be turned into a central bank digital currency......»»
Central Bankers From Canada, Netherlands, Ukraine Call Blockchain Unnecessary for Digital Fiat
Central bank digital currencies have been a hot topic in blockchain circles recently, but central banks are lukewarm about blockchains......»»
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......»»
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......»»
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. .....»»
Mastercard will allow merchants to accept select cryptocurrencies on its network later this year
The card-payments firm is also "actively engaging" with central banks around the world to possibly launch new digital currencies. REUTERS/Soe Zeya Tun Mastercard said it will offer support for customers to transact in some select cryptocur.....»»
CipherTrace Wants to Guide Central Banks on Their Digital Currency Projects
The blockchain analytics firm is launching an initiative to pitch itself to central banks as both a tech partner and a guiding influence on future digital currency projects......»»
CBDCs Come in Many Forms – Here’s a Quick Guide
Dozens of central banks are piloting digital currencies. George Calle, of R3, takes us through the various project types......»»
BIS Researchers Say Coronavirus Could Spur Central Banks to Adopt Digital Payments
BIS researchers think COVID-19 may accelerate the adoption of digital payments and sharpen the debate over central bank digital currencies......»»
4 Reasons Central Banks Should Launch Retail Digital Currencies
Central banks have four good reasons to adopt digital currency: financial stability, identity management, inclusion and consumer protection......»»
‘Crucial’ for Central Banks to Consider Digital Currencies: Bank of England Exec
Governments need to research digital currencies so they can strike a balance with private issuers, said the BoE's chief cashier......»»
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......»»
Cambodia Readies a Blockchain-Based Digital Currency
Cambodia's central bank digital currency platform has the support of 11 national banks and will be used initially for domestic payments once launched at some point during the first fiscal quarter of this year......»»
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......»»
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.....»»
Japan, Canada, Europe Central Banks Group Up To Discuss Launching Digital Currencies
Japan, Canada, Europe Central Banks Group Up To Discuss Launching Digital Currencies.....»»
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......»»
India’s Central Bank Explains in Court Filing Why It Blocked Banks From Using Cryptos
The Reserve Bank of India has said in a court filing that it had "ringfenced" financial institutions from dealing with digital assets over perceived risks, but hadn't banned cryptos......»»
Central banks band together to consider issuing their own digital currencies
Reuters/Christinne Musch.....»»
India’s Central Bank Explains Why It Blocked Banks From Using Cryptos in Court Filing
The Reserve Bank of India has said in a court filing that it had "ringfenced" financial institutions from dealing with digital assets over perceived risks, but hadn't banned cryptos......»»
South Korean Central Bank to Organize a CBDC Task Force
South Korea's central bank plans to hire additional experts as it studies digital currencies and blockchain technology......»»