IBM exec said CBDCs Are the Future of Money
According to Shyam Nagarajan, issuers should contemplate a hybrid approach of permitted and unpermitted money.
Shyam Nagarajan, an executive partner at IBM Consulting, said on Monday's…
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CBDC
Former Bank of England consultant argues that CBDCs are not worth the risk
According to Crowdsourcingweek statistics, as many as 105 nations have shown interest in these digital currencies issued by central banks.
The Bahamas, Nigeria, the Caribbean, China, and…
G7 economies enter CBDCs’ development phase
According to the Atlantic Council, CBDCs are in development phases in G7 economies and over 20 other nations.
According to the Atlantic Council, by December 2022, all G7 countries have…
The First CBDC test by Turkey’s central bank is complete
After successfully completing its first payment transactions using a digital currency issued by a central bank, the Turkish central bank will conduct more experiments until 2023.
The…
Central Banks to establish guidelines for banks’ crypto exposure
The new regulation restricts bank cryptocurrency reserves to 2% by 2025 and enters into effect on January 1, 2025.
The Group of Central Bank Governors and Heads of Supervision (GHOS) of…
Brazil might secure its economic leadership with the 2024 CBDC
Brazil will create a Central Bank Digital Currency (CBDC) in 2024, which might boost its economic leadership in South America.
Due to macroeconomic unpredictability, outdated technology,…
The Bank of England invites offers for the CBDC sample wallet
The Bank of England is accepting proposals for a proof of concept until December 23. The wallet would be used to store a Central Bank digital currency.
The Bank of England is accepting…
Indonesian central bank publishes digital rupiah whitepaper to establish wholesale CBDC first
Indonesia's central bank has published a whitepaper outlining its ambitions for a central bank digital currency (CBDC) as part of its "digital transformation" efforts.
Project Garuda,…
Project Mariana of BIS will investigate CBDC integration with DeFi
The Bank for International Settlements (BIS) and the central banks of Singapore, France, and Switzerland have begun a new initiative to examine the feasibility of merging certain…
The Bank of Canada defines retail CBDC characteristics via study
An analyst from the Bank of Canada has authored a report that detects reoccurring patterns in CBDC models and explains how these patterns influence a set of performance metrics.
A recent…
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