Bitcoin News / Bitcoin.com - 3 months ago
The Bank of Canada has announced a strategic shift away from developing a retail Central Bank Digital Currency (CBDC) to focus on broader payments system research and policy development. This decision follows a public consultation in 2023, which reve...
Bitcoin News / Google News Bitcoin - 3 months ago
Bank of Canada Redirects Efforts Away From Retail CBDC& & Bitcoin.com News
Bitcoin News / Bitcoin.com - 3 months ago
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Bitcoin News / Google News Bitcoin - 3 months ago
Bank of Korea to Launch CBDC Payment Trial in Supermarkets& & Bitcoin.com News
Bitcoin News / Bitcoin.com - 3 months ago
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...
Bitcoin News / Bitcoin.com - 3 months ago
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...
by COINS NEWS - 3 months ago
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More / Bitcoin Reddit - 3 months ago
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...
Bitcoin News / Bitcoin.com - 3 months ago
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...
Bitcoin News / Google News Bitcoin - 3 months ago
Central Bank of Brazil Reveals New Use Cases to Be Tested in Its Drex CBDC Second Pilot Phase& & Bitcoin.com News
Bitcoin News / Bitcoin.com - 3 months ago
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...
by COINS NEWS - 3 months ago
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Bitcoin News / Bitcoin.com - 3 months ago
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...
Bitcoin News / Google News Bitcoin - 3 months ago
India's HDFC Bank Launches New UPI and CBDC Features& & Bitcoin.com News
Bitcoin News / Bitcoin.com - 3 months ago
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...
Bitcoin News / Google News Bitcoin - 3 months ago
JPMorgan Executive Sees Big Future for India's CBDC Initiative& & Bitcoin.com News
Bitcoin News / Bitcoin.com - 3 months ago
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...
by COINS NEWS - 3 months ago
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Bitcoin News / Bitcoin.com - 3 months ago
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...
Cryptocoins News / Finance Magnates - 4 months ago
“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,...
More / Bitcoin Reddit - 4 months ago
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 News / Google News Bitcoin - 4 months ago
Bitcoin holds steady as Fed chair Powell hints at rate cuts in September, says no plans for CBDC& & CryptoSlate
Bitcoin News / Bitcoin.com - 4 months ago
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...
Bitcoin News / Bitcoin.com - 4 months ago
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...
Bitcoin News / Bitcoin.com - 4 months ago
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...
