Fed Uncertain About Digital Dollar – Chair Jerome Powell
The US Federal Reserve is evaluating the prospects of introducing a digital currency for the nation but insists that it has not yet decided on this matter. While speaking at ...
Advertisements
Tag: central bank digital currency
India CBDC Pilot To Start This December – RBI Governor
The Reserve Bank of India (RBI) may start preliminary central bank digital currency (CBDC) pilot tests before the end of the year. India’s central bank is carefully considering the merits ...
How Will Samsung Help The Bank Of Korea With Its CBDC Development
The Bank of Korea’s central bank digital currency (CBDC) project started at the end of July 2021 and has been gaining traction ever since. According to an official report by ...
Japan Creates New Unit To Regulate Digital Assets
The Financial Services Regulator (FSR) in Japan has reportedly established a new regulatory unit that will oversee the digital asset industry. The Japanese watchdog is ramping up its regulation efforts ...
Central Bank Of Nigeria To Test Its CBDC In October
The Central Bank of Nigeria has confirmed that it will start the pilot of its central bank digital currency (CBDC) that is designed to run on the Hyperledger Fabric blockchain ...
New Zealand’s Reserve Bank Engages Public Opinion On Possible CBDC Rollout
The Reserve Bank of New Zealand has started an initiative to gather opinions from the public on a potential rollout for a central bank digital currency (CBDC) to work alongside ...
Central Bank Digital Currencies To Complement Cryptos – CoinShares Executive
The central bank digital currencies (CBDC) seem to be gaining ground in the digital currency world. In the future, CBDCs might complement cryptos instead of competing with them despite them ...
Euro Investment Bank Forecasts Shortfall In Tech And Blockchain Investments
The European Union (EU) is currently falling behind the United States and China when it comes to artificial intelligence (AI) and blockchain investments, based on the European Investment Bank (EIB). ...
The UK Might Need To Issue A Digital Currency – BoE Deputy Governor
Jon Cunliffe, the Bank of England's deputy governor, has said that a sea change in the issuance and circulation of private and public monies might make general access to a ...
China’s Tech Giants Push For Digital Yuan Adoption
While many central bank executives in the West like Christine Lagarde and Jerome Powell seem to be postponing the subject of central bank digital currencies (CBDCs), China is making considerable ...