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Central Banks Mull Creating a CBDC, but Not on a Blockchain: Survey

Forty-six central banks would consider a broader form of distributed ledger technology for a CBDC but aren't crazy about putting it on a blockchain......»»

Category: forexSource: coindeskMay 15th, 2020

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

US Launching Five Digital Dollar Pilot Programs

US Launching Five Digital Dollar Pilot Programs By now it's common knowledge that China is leaps and bounds ahead of all other central banks in launching a CBDC, or Central Bank Digital Currency (which Beijing vows is not a challeng.....»»

Category: blogSource: zerohedgeMay 3rd, 2021

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......»»

Category: forexSource: coindeskMay 15th, 2020

Blockchain Bites: Will Crypto See Any of the CBDC Action?

The world is growing comfortable with digital assets: JP Morgan banks crypto, England discusses CBDCs and Sheila Warren a place for privacy coins......»»

Category: forexSource: coindeskMay 12th, 2020

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......»»

Category: forexSource: coindeskMay 12th, 2020

CBDC: The Overarching Goal Behind The Digitisation Of Money?

CBDC: The Overarching Goal Behind The Digitisation Of Money? Authored by Steven Guinness, It is no revelation that central banks are actively engage.....»»

Category: blogSource: zerohedgeApr 23rd, 2020

Argentina’s Central Bank Trials Blockchain for New Interbank Settlement Layer

The trial for a faster, more transparent clearing system involves some of the country's largest banks......»»

Category: forexSource: coindeskApr 21st, 2020

China Injects $4.7M Into Central Bank’s Blockchain Trade Finance Platform

Thirty-eight banks have started using the platform since it entered the test phase in September 2018......»»

Category: forexSource: coindeskMar 9th, 2020

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......»»

Category: forexSource: coindeskFeb 24th, 2020

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......»»

Category: forexSource: coindeskJan 30th, 2020

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

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......»»

Category: forexSource: coindeskDec 27th, 2019

Sri Lanka’s Central Bank Calls for Blockchain-Based KYC Proposals

Sri Lanka's Central Bank wants to use a blockchain system for local banks' "know-your-customer" protocols......»»

Category: forexSource: coindeskDec 3rd, 2019

Chinese Central Bank Official Calls for Commercial Bank Blockchain Adoption

A Chinese central bank official has called on commercial banks to adopt blockchain technology in digital finance......»»

Category: forexSource: coindeskOct 28th, 2019

BofA: Central Banks Are Creating Bubbles Instead Of Helping The Economy; The Result Will Be A Disaster

In recent weeks we have se.....»»

Category: blogSource: zerohedgeAug 27th, 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

Over 40 Central Banks Are Considering Blockchain Applications: Davos Report

More than 40 central banks are experimenting with blockchain, says a new report by the World Economic Forum......»»

Category: forexSource: coindeskApr 4th, 2019

Over 40 Central Banks Are Considering Blockchain Currencies: Davos Report

More than 40 central banks are experimenting with blockchain, says a new report by the World Economic Forum......»»

Category: forexSource: coindeskApr 3rd, 2019