News about CBDC

News about Cbdc

CBDC will also be a perfect control instrument one step closer to dystopia.

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European Central Bank launches "preparation phase" for the digital euro CBDC. Bitcoin is freedom, CBDC is slavery!

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Federal Reserve's Bowman Discusses Digital Currency Innovations Amid CBDC Debate

Federal Reserve Governor Michelle Bowman, in a discussion at Harvard Law School, explored the evolving digital payment landscape, touching on CBDC, stablecoins, and the necessity for a robust regulatory framework. While recognizing the potential of d...

Fed governor Bowman doubles down on CBDC skepticism, likes stablecoin no better

Michelle Bowman told a university audience that financial innovation should be justified by need and be properly regulated. Federal Reserve Board Governor Michelle Bow...

Mastercard Testing Tokenization of CBDCs - What You Need to Know

Mastercard, a multinational payment technology company, recently announced its entry into the world of Central Bank Digital Currencies (CBDCs). The company is now actively testing the tokenization of CBDCs, which has the potential to change the way d...

Would you still use crypto if all of your transactions, CEX and Defi, had to settle with or through a CBDC?

A concern that I see coming down the line is the ongoing pilots and eventual building-out of CBDCs. As much as we all hate to admit it, they’re coming. And while it’s tempting to think that most crypto users could just avoid using them, what if that...

Australia open to idea of CBDC as future of money — RBA

The assistant governor of the Reserve Bank of Australia noted that pilot projects have highlighted several key areas where CBDCs could be of great use. The Reserve Ba...

The Bank of England are suggesting that compared to their proposed CBDC.... cryptocurrency is issued "privately"?

So like many central banks, the governance/ ownership set up is a bit odd. As the bank say... We’re publicly owned. We are a public body that must answer to the people of the UK through Parliament. We started over 300 years ago as a private bank wit...

Mastercard Demonstrates New Solution for CBDC Tokenization ... - Bitcoin.com News

Mastercard Demonstrates New Solution for CBDC Tokenization ...& & Bitcoin.com News

Mastercard Unveils Interoperable CBDC in Australia

Mastercard, in association with the RBA and DFCRC, has demonstrated a groundbreaking interoperable CBDC solution to enhance Web3 commerce in Australia and beyond. The live demonstration showcased a pilot CBDC holder purchasing an NFT on Ethereum, uti...

India’s Central Bank RBI Launches CBDC Pilot in Call Money Market

India’s central bank, the Reserve Bank of India (RBI), has initiated a pilot for a second use case of its wholesale central bank digital currency (CBDC), focusing on the call money market. The Indian central bank reportedly plans to expand its...

Mastercard Demonstrates New Solution for CBDC Tokenization

Mastercard says its new solution that enables central bank digital currencies (CBDCs) to be tokenized or wrapped onto different blockchains provides consumers with “a new option to participate in commerce across multiple blockchains with increa...

Are governments actually marketing CBDCs as cryptocurrencies?

The introduction of Central Bank Digital Currency (CBDC) will involve gradually phasing out physical currency in favor of digital currency. This digital currency can then be subject to confiscation, manipulation, or taxation by governments at their d...

How CBDCs and stablecoins can coexist: FIS panel discussion

Eetu Kuneinen argued against CBDCs, as they are “centralized by nature,” saying that certain dangers come with government control. At the recent Future Innovation Sum...

Chinese FX Regulator Highlights Programmable Features in CBDCs

An official from China's foreign exchange regulatory body has highlighted the potential benefits of "programmable features" within a central bank digital currency (CBDC) to enhance the effectiveness of monetary policy tools. China is actively develop...

NFT's Potential Shines Bright For Mastercard in CBDC Pilot

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China opens industrial park for digital yuan CBDC development in Shenzhen

The government is incentivizing new residents to come develop payment solutions, smart contracts, hard wallets and promotions for the digital yuan. China opened an ind...

Mastercard’s successful CBDC wrapping trial for NFTs

The trial involved wrapping CBDCs for use in purchasing NFTs on blockchains. Mastercard’s Multi Token Network played a pivotal role in the trial. There is a growing importance of CBDCs and blockchain in the financial industry. In a groundbrea...

Mastercard announces successful wrapped CBDC trial results

The experiment demonstrated that CBDCs could be wrapped to purchase NFTs on blockchains such as Ethereum. Mastercard has completed a trial involving wrapping central...

Bank of Ghana Launches Hackathon to Explore Various Use Cases of CBDC

The Ghanaian central bank said it will be hosting a 12-week hackathon where participants are expected to explore the e-cedi’s nine different use cases. At the end of the hackathon, the central bank will hold a conference where individuals with...

Nigerian Central Bank Refutes Media Reports Suggesting Its CBDC Poses a Threat to Financial Stability

The Nigerian central bank has disputed media reports suggesting its Sept. 11, 2023 document implies that its e-naira currency poses a threat to financial stability. The central bank said it felt compelled “to clarify the reports to ensure that...

Bank of Canada Study: CBDC Can Help Overcome Inclusion Issues

A recent study conducted by the Bank of Canada delved into the role a central bank digital currency (CBDC) would play in improving financial inclusion, digital inclusion, and accessibility. The study concludes that while the Canadian financial ecosys...

CBDC'S: Your Money Will Never Be the Same

A compilation of clips of politicians, lawmakers, journalists and social media influencers discussing the differences between Bitcoin's public, transparent, permissionless blockchain and the private, opaque, permission and compliance-requir...

Bank of Korea and BIS Prepare Wholesale CBDC Pilot

The Bank of Korea and the Bank for International Settlements (BIS) have announced a new pilot that will test the functionality of a Korean wholesale central bank digital currency (CBDC), which will serve as a tool for banks to settle interbank transa...

How will CBDCs be used for political oppression in your country?

Central bank digital currencies (CBDCs) are poised to give politicians unprecedented power to track your data, restrict your movements, and control your life. Central...

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