Cryptocoins News / CoinJournal - 6 months ago
The public roll out of the Digital Rial pilot program will start in Kish Island.
The public rollout of the CBDC’s pilot program aims to test efficiency in transactions, enhancing payment security.
Success in the pilot program could lead to the...
Bitcoin News / Bitcoin.com - 6 months ago
The Bank of Thailand might be increasing its gold reserves to power a de-dollarized trading system, according to Jan Nieuwenhuijs, a gold market analyst. Nieuwenhuijs states that the Bank of Thailand’s constant gold purchases might indicate the...
Cryptocoins News / Finance Magnates - 6 months ago
The Banco Central do Brasil (BCB) has thrown its hat into
the digital ring, chasing a dream that many central banks worldwide are
flirting with. They’re in bed with tech giants and payment moguls, dancing on
the edge of the future. But, like a late-n...
Bitcoin News / Bitcoinist - 6 months ago
Ripple’s CEO, Brad Garlinghouse, has unveiled a significant leap forward in the world of blockchain and digital currency by announcing partnerships with 10 governments to develop Central Bank Digital Currencies (CBDCs). These collaborations aim...
Bitcoin News / Bitcoin.com - 6 months ago
Google Trends data reveals a consistent increase in search interest for “CBDC,” which stands for central bank digital currency, over the past five years. The term has maintained a score above 20 since August 2022, on a scale of 1 to 100,...
Bitcoin News / Bitcoin.com - 6 months ago
Anatoly Aksakov, Chairman of the Russian State Duma Financial Markets Committee, has predicted that international trade will migrate to CBDC for settlements during the next five years. Aksakov stressed that not many countries have made progress using...
Bitcoin News / Google News Bitcoin - 6 months ago
Russian State Duma Official: International CBDC Settlements to Become 'Common Practice' in 5 Years – Fintech ...& & Bitcoin.com News
Bitcoin News / Bitcoin.com - 6 months ago
Project Mbridge, the cross-border central bank digital currency (CBDC) project that seeks to integrate several currencies into a global network, has reached its minimum viable product stage. This means that each one of the participant central banks h...
Bitcoin News / Bitcoin.com - 6 months ago
The Central Bank of Qatar recently announced the completion of the infrastructure development supporting an in-house-built CBDC. The bank estimates that the project will enter its experimental stages this year in October, allowing several national an...
Bitcoin News / Bitcoin.com - 6 months ago
Rwanda is contemplating launching a Central Bank Digital Currency (CBDC) because it does not want to be left behind and to prevent any hindrances to trade between the African country and its major trading partners. According to a deputy governor with...
Bitcoin News / Bitcoin.com - 6 months ago
In a move to improve traditional cross-border payments, the Bank for International Settlements (BIS) has announced the launch of Project Rialto. This project aims to enhance instant cross-border payments by integrating a modular foreign exchange (FX)...
Bitcoin News / Bitcoin.com - 6 months ago
China and the United Arab Emirates (UAE) have acknowledged the crucial role of central bank digital currency (CBDC) in facilitating cross-border trade and investment. In a joint statement, the two countries expressed their commitment to deepening bil...
Bitcoin News / Google News Bitcoin - 6 months ago
China and UAE Praise Potential Role of CBDCs in Cross-Border Trade – News Bytes Bitcoin News& & Bitcoin.com News
Bitcoin News / Bitcoin.com - 6 months ago
Ripple’s recently published 2023 Trends in Regional Payments ebook highlights the transformative role of cryptocurrencies and Central Bank Digital Currencies (CBDCs) in the global payments landscape. Latin America is witnessing a digital transf...
Bitcoin News / Google News Bitcoin - 6 months ago
Ripple Report: Crypto and CBDCs Transforming Global Payments – News Bytes Bitcoin News& & Bitcoin.com News
Cryptocoins News / CoinJournal - 6 months ago
Bank of Israel has launched “Digital Shekel Challenge” to develop CBDC payment solutions.
Participants of the challenge will access a prototype system to create innovative digital shekel uses.
Bank of Israel is scheduled to hold a webina...
Bitcoin News / Bitcoin.com - 6 months ago
The South African Reserve Bank has reportedly decided not to unveil the findings of the initial phase of its central bank digital currency feasibility study. Instead, the central bank said it is currently focused on the second phase of the study and...
Bitcoin News / Google News Bitcoin - 6 months ago
South African Central Bank Opts Against Publishing CBDC Study Findings – Africa Bitcoin News& & Bitcoin.com News
Bitcoin News / Google News Bitcoin - 6 months ago
Brazilian CBDC Pilot Postponed to 2025 Due to Inefficiency of Privacy Solutions – Bitcoin News& & Bitcoin.com News
Bitcoin News / Bitcoin.com - 6 months ago
The Central Bank of Brazil announced the postponement of the completion of the drex pilot, the Brazilian CBDC, due to the inefficiency of the privacy solutions presented for the project so far. The pilot will have a new phase, finalized in 2025, and...
by COINS NEWS - 6 months ago
Hello community! Sl8 (Slate) team is here. We are glad to engage with one of the largest (if not the largest) cryptocurrency communities on Reddit. Today we would like to talk not only about us, but also about where the development of decentralized...