EU Consults On CBDC Legislative Challenges
The European Commission is now laying the necessary groundwork for the introduction of a digital euro. Notably, the commission has issued a call for ideas that would enable it to ...
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Tag: central bank digital currency
Federal Reserve Bank of Boston Appoints New President
The Federal Reserve Bank of Boston (Boston Fed), has chosen economist Susan M. Collins, University of Michigan provost, to work as its new president and chief executive officer. Susan is ...
Ex-BOJ Official Warns Against Digital Yen Use In The Financial Space
One former Bank of Japan (BOJ) official, Hiromi Yamaoka, who allegedly headed the digital currency research is now advising against the use of the digital currency. Based on a report ...
Fed Introduces Discussion Paper On Benefits And Risks Of A Digital Dollar
The United States Federal Reserve (Fed) has successfully unleashed its highly anticipated official CBDC discussion paper. The Fed now intends to gather public opinions on benefits and possible risks related ...
Pakistan’s President Wants More Crypto Education In The Country
Pakistani head of State, Arif Alvi, now wants more enhanced crypto education in Pakistan. Alvi insists on more training in emerging technologies such as blockchain, artificial intelligence, machine learning, and ...
Fed Ready To Create Digital Dollar, Awaits Congress Approval
The United States Federal Reserve (Fed) has confirmed that it is now ready to develop a possible central bank digital currency (CBDC). The CBDC is also known as the “digital ...
Banque de France Launches Ledger Interoperability In CBDC Tests
The Banque de France has finished setting up the last of its interbank settlement in CBDC experiments. Through these experiments, the bank has demonstrated the possibility of direct ledger interoperability ...
Peru Partners With India, Hong Kong, And Singapore To Develop CBDC
The Central Reserve Bank of Peru (CRBP) has successfully partnered with monetary authorities from India, Hong Kong, and Singapore to develop its own Central Bank Digital Currency (CBDC). Julio Velarde, ...
China Reached A Milestone Of 140M Digital Yuan Wallets – PBoC Official
The total number of digital yuan accounts in China has surged by nearly seven times since the end of June this year. Digital yuan wallets increased to reach 140 million ...
Israel Aims To Design Digital Shekel Based On Ethereum
The central bank of Israel has chosen Ethereum’s network to launch the stages of its CBDC trial program. The Bank of Israel Supposedly launched a digital currency pilot program, striving ...