News about CBDC

News about Cbdc

Bank of Korea to Launch CBDC Payment Trial in Supermarkets - Bitcoin.com News

Bank of Korea to Launch CBDC Payment Trial in Supermarkets& & Bitcoin.com News

Australian Central Bank Prioritizes Wholesale CBDC

The Australian Central Bank is focusing on a wholesale central bank digital currency (CBDC) due to its potential economic benefits compared to a retail CBDC. The Reserve Bank of Australia (RBA) has launched Project Acacia, a three-year plan to explor...

Global Surge in CBDC Development: 134 Countries Now Exploring Digital Currencies

New data shows that 134 countries, representing 98% of global GDP, are now exploring central bank digital currencies (CBDCs), with 66 nations advancing to pilot or development stages. Every G20 nation is engaged in CBDC efforts, with notable leaders...

Russia to Implement Digital Ruble by 2025: Banks and Retailers to Adapt to New CBDC Infrastructure

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CBDC is the cargo cult for Bitcoin

It'll take at least twice as long for the general public to finally "get" bitcoin as it took for them to understand the internet. "Bitcoin is everything people dont understand about money combined with everything people dont unders...

Central Bank of Brazil Reveals New Use Cases to Be Tested in Its Drex CBDC Second Pilot Phase

The Central Bank of Brazil disclosed a new set of use cases that will be part of the second phase of the ongoing pilot of its drex CBDC. Among the 13 instances selected from the 46 presented are platforms for tokenizing real estate, liquidity pools f...

Central Bank of Brazil Reveals New Use Cases to Be Tested in Its Drex CBDC Second Pilot Phase - Bitcoin.com News

Central Bank of Brazil Reveals New Use Cases to Be Tested in Its Drex CBDC Second Pilot Phase& & Bitcoin.com News

Central Bank of Brazil Hints at a Future Integration of AI Into Its CBDC

The Central Bank of Brazil has hinted at implementing artificial intelligence (AI) and data monetization processes into Drex, its central bank digital currency (CBDC). In a recent presentation, Roberto Campos Neto, the Central Bank of Brazil’s...

IMF explores how CBDCs can address privacy - Ledger Insights - blockchain for enterprise

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India’s HDFC Bank Launches New UPI and CBDC Features

HDFC Bank, a leading private sector bank in India, has introduced new features for Unified Payments Interface (UPI) and central bank digital currency (CBDC) to enhance digital banking for its customers. Announced at the Global Fintech Fest 2024 in Mu...

India's HDFC Bank Launches New UPI and CBDC Features - Bitcoin.com News

India's HDFC Bank Launches New UPI and CBDC Features& & Bitcoin.com News

JPMorgan Executive Sees Big Future for India’s CBDC Initiative

Naveen Mallela, global co-head of Onyx, JPMorgan’s blockchain and digital currency unit, highlighted the rapid adoption of blockchain technology in India, particularly after the 2022 launch of the central bank digital currency (CBDC), the e-rup...

JPMorgan Executive Sees Big Future for India's CBDC Initiative - Bitcoin.com News

JPMorgan Executive Sees Big Future for India's CBDC Initiative& & Bitcoin.com News

India’s Central Bank Governor Discusses CBDC Progress and International Strategy

The Reserve Bank of India (RBI) is actively exploring the potential of central bank digital currency (CBDC) on an international scale, according to Governor Shaktikanta Das at the Global Fintech Fest. The RBI is focusing on enhancing CBDC’s int...

Hong Kong's Project Ensemble is pioneering tokenization in banking with its new CBDC sandbox

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RBI Governor Warns Against Rapid CBDC Launch, Advocates Gradual Approach

The governor of India’s central bank, the Reserve Bank of India (RBI), Shaktikanta Das, has highlighted the challenges of implementing cross-border digital currency interoperability and the necessity for robust governance. He emphasized the imp...

The Future of Money: Bitcoin Came as a Disrupter, but CBDCs Took Over

“A purely peer-to-peer version of electronic cash”: that’s how Satoshi Nakamoto defined Bitcoin in the original whitepaper. Electronic cash or not, Bitcoin has now attracted the attention of everyone: tech enthusiasts, consumers, traders, investors,...

International economic collapse & bitcoins ability to see majority adoption, prior to CBDC Rise

One concern I'm having as of late, ya know what seems like an imminent global crisis (derivatives market), seems imminent. Imo were too far down the road to stop it, the government is finally giving up fighting it, and has decided to let everythi...

Bitcoin holds steady as Fed chair Powell hints at rate cuts in September, says no plans for CBDC - CryptoSlate

Bitcoin holds steady as Fed chair Powell hints at rate cuts in September, says no plans for CBDC& & CryptoSlate

Nigerian CBDC Adoption Lags, Makes Up Less Than 1% of Currency in Use

Nigeria’s central bank digital currency, known as the eNaira, was the first of its kind in Africa. However, it currently represents only about 0.36% of the total currency in circulation. Nigerian experts attribute the slow adoption of the e-na...

Philippines Plans to Introduce Wholesale CBDC by 2029

Bangko Sentral ng Pilipinas (BSP) plans to introduce its wholesale central bank digital currency (CBDC) by 2029. The Philippine central bank’s CBDC initiative is near its proof-of-concept completion. “This is an innovative payment instrum...

Fintech Company Tecban Pilots Tokenization Platform for Brazil’s Drex CBDC

Tecban, a fintech that provides interconnection technology for banks, has launched a tokenization and associated services platform called Nexchain. This platform facilitates the process of placing assets on the blockchain for third parties as part of...

Giesecke+Devrient: Ghana CBDC Nullifies the Need for Multiple Intermediaries in Cross-Border Payments - Bitcoin.com News

Giesecke+Devrient: Ghana CBDC Nullifies the Need for Multiple Intermediaries in Cross-Border Payments& & Bitcoin.com News

Putin warns of power shortages from Bitcoin mining, calls for expansion of CBDC - CryptoSlate

Putin warns of power shortages from Bitcoin mining, calls for expansion of CBDC& & CryptoSlate

Russian Senate Leader Predicts Use of CBDCs in BRICS Payment System

Valentina Matvienko, Chairman of the Russian Federation Council, talked about the role of national digital currencies, also known as CBDCs, in increasing the use of national currencies in BRICS trade. Matvienko stated that a hypothetical BRICS bridge...

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