News about CBDC

News about Cbdc

Bitcoin, CBDCs & Conspiracies - My Chat With Efrat Fenigson at BTC Prague

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Parfin Creates New Blockchain to Be Used as Privacy Solution for Brazilian CBDC

Parfin, a financial technology company, has created a new blockchain system to be used as a privacy solution for the Brazilian CBDC, drex. Rayls, the new blockchain, will offer the possibility of operating in a permissioned way and also linking itsel...

Parfin Creates New Blockchain to Be Used as Privacy Solution for Brazilian CBDC – Bitcoin News - Bitcoin.com News

Parfin Creates New Blockchain to Be Used as Privacy Solution for Brazilian CBDC – Bitcoin News& & Bitcoin.com News

Ethiopia Approves CBDC Launch Draft Proclamation

The Ethiopian Council of Ministers recently approved a draft proclamation that paves the way for the launch of a central bank digital currency (CBDC). The National Bank of Ethiopia (NBE) stated that the draft considers rapid technological advancement...

Ethiopia Approves CBDC Launch Draft Proclamation – Africa Bitcoin News - Bitcoin.com News

Ethiopia Approves CBDC Launch Draft Proclamation – Africa Bitcoin News& & Bitcoin.com News

IMF: CBDCs Can Boost Financial Inclusion and Payment Efficiency in Middle East

The International Monetary Fund (IMF) says 19 countries in the Middle East and Central Asia, including Bahrain, Georgia, Saudi Arabia, and the UAE, are in the advanced “proof-of concept” stage for central bank digital currencies (CBDCs)....

Iran to open the Digital Rial CBDC pilot program to the public this month

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...

Analyst: Bank of Thailand Boosts Gold Reserves to Push De-Dollarized Trading System Fueled by CBDC

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...

Brazil’s CBDC Pilot Evolves

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...

CBDCs Are Instruments Of Control—And They’re Here

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Ripple CEO Discloses 10 CBDC Partnerships: Who Are They?

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...

CBDC Interest Climbs Steadily Over Five Years, Google Trends Data Shows

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,...

Central Banks Are Embracing Digital Currencies: BIS Survey Reveals 94% Exploring CBDCs

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Trump highlights how Bitcoin mining can defend against CBDCs

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Russian State Duma Official: International CBDC Settlements to Become ‘Common Practice’ in 5 Years

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...

Russian State Duma Official: International CBDC Settlements to Become 'Common Practice' in 5 Years – Fintech ... - Bitcoin.com News

Russian State Duma Official: International CBDC Settlements to Become 'Common Practice' in 5 Years – Fintech ...& & Bitcoin.com News

Cross Border CBDC Project Mbridge Enters MVP Stage

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...

Cross Border CBDC Project Mbridge Enters MVP Stage – Fintech Bitcoin News - Bitcoin.com News

Cross Border CBDC Project Mbridge Enters MVP Stage – Fintech Bitcoin News& & Bitcoin.com News

Central Bank of Qatar Announces CBDC Project

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...

Rwanda Develops CBDC to Avoid Falling Behind, Central Bank Deputy Governor Says

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...

BIS Plans Instant Cross-Border Payments Using Wholesale CBDC Settlement

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)...

China and UAE Praise Potential Role of CBDCs in Cross-Border Trade

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...

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