The Reserve Bank of Australia (RBA) published a whitepaper for its pilot central bank digital currency (CBDC) on Sept. 26, entering the league of countries exploring CBDCs. According to the Atlantic C...
Tag: CBDC
Does The Federal Reserve Regulate Cryptocurrency?
| Getty Images Key takeaways The Federal Reserve regulates banks, so it only monitors cryptocurrencies held by banks in the United States. The top U.S. banking regulator is assessing the launch of a C...
Ripple Executive Leads Australia’s CBDC Project, Another Pump For XRP?
The Reserve Bank of Australia on Monday released the white paper for the central bank digital currency (CBDC) pilot project (eAUD) in collaboration with the Digital Finance Cooperative Research Centre...
Australian pilot CBDC test for eAUD to commence mid-2023: RBA White Paper
Making it to the list of countries that intend to launch an in-house central bank digital currency (CBDC), the Reserve Bank of Australia (RBA) released a white paper outlining an elaborate plan for co...
Iran Commences CBDC Pilot Dubbed ‘Crypto Rial’
14 seconds ago | 2 mins read Altcoin News The digital money issued by the Central Bank of Iran is termed “crypto rial”. Officials have also begun issuing crypto mining licenses. On Wednesday, the CBI ...
Iran To Begin ‘Crypto Rial’ CBDC Trial
They’ll begin trial despite a possible lack of infrastructure The crypto rial has been in preparation for years The crypto rial has also been seen as a means of counteracting the corruption The Nation...
Iran to launch CBDC on Sept. 22
The Central Bank of Iran (CBI) has finalized plans to launch its digital currency Sept. 22, as reported by Iran’s Chamber of Commerce. The digital currency dubbed “Crypto-Rial” will ...
CBDC Wars: Why The U.S. Must Create Its Own Stablecoin To Compete With China
The United States is embarking on a campaign toward the introduction of a CBDC, or central bank digital currency. As part of the White House’s first-ever comprehensive framework, the Treasury Departme...
Voters skeptical of Federal Reserve digital currency, poll finds
More than half of voters in Senate battleground states oppose a digital currency issued by the Federal Reserve, according to a new poll commissioned by a conservative group. The new survey comes as t...
United States treasury department wants this on the CBDC front
A recent report published by the U.S Treasury Department has outlined the administration’s plans for financial alternatives like CBDCs and their role in future payment. The report was submitted to Pr...
Australian Senator Includes China’s Digital Yuan CBDC Requirements in New Digital Assets Bill
Australian Liberal Senator Andrew Bragg has introduced a bill to regulate crypto assets so that the country ‘keeps up with the global pace’ in handling rules for digital assets. The bill also mentions...
Treasury Department Recommends More Research on U.S. CBDC To Develop Future System of Payments
The U.S. Treasury Department is recommending more research on the development of central bank digital currencies (CBDCs). In a new report, the Treasury Department says the US has an objective to creat...
White House, receiving speedily Pro-crypto, shows support for a CBDC
For the past few years, the government of the United States and other countries all over the world, has not been very responsive and friendly to crypto technology. Talking about Bitcoin, it has ...
White House OSTP department analyzes 18 CBDC design choices for the US
As directed by the President of the United States, Joe Biden, the Office of Science and Technology Policy (OSTP) submitted a report analyzing the design choices for 18 central bank digital currency (C...
White House Getting Increasingly Pro-Crypto, Expresses Support For A CBDC ⋆ ZyCrypto
Advertisement     For years, the US government, along with others across the world, hasn’t been very receptive to crypto technology. Bitcoin, for one, has faced resist...
US Treasury report encourages instant payment, recommends more CBDC research
United States President Joe Biden ordered more than a dozen reports to be written when he released his Executive Order (EO) 14067 “Ensuring Responsible Development of Digital Assets.” Five had due dat...
Another positive move from the White House towards CBDC usage 1
The White House showed another positive inkling toward adopting and designing its CBDC system after receiving a report from OSTP. According to reports, the Office of Science and Technology Policy made...
EMTECH Explores Solutions For U.S. CBDC In A Technical Sandbox Program, May be Spyware
EMTECH, a modern central bank digital infrastructure provider, has recently announced in a press release that the startup will participate in the upcoming Technical Sandbox Program – a new initiative ...
Norwegian Central Bank Open Sources CBDC Sandbox Code – crypto.news
Norway’s Apex bank has stepped up its digital currency adoption efforts by partnering with Ethereum layer-2 scaling platform, Nahmii to release the open source code for the country’s central bank digi...
XRP Network Will Play Central Role in Future CBDC System, Says Macro Expert Raoul Pal
Former Goldman Sachs executive Raoul Pal says that the XRP network could play a big role in a potential future central bank digital currency (CBDC) based economy. In a new ask me anything (AMA) sessio...
Nearly 100 Countries are Developing their CBDC by July – IMF
According to the International Monetary Fund (IMF) report, as of July 2022, nearly 100 central bank digital currencies (CBDCs) are in the research or development stage around the world. The Internatio...
Fed official believes CBDC isn’t needed at the moment
Join Our Telegram channel to stay up to date on breaking news coverage The United States Federal Reserve Vice Chairman for Supervision, Michael Barr, has opined that crypto requires a watchful regulat...
Digital Dollar CBDC: GOP Committee Calls on Fed Vice Chair for Answers
Republicans on the House Financial Services Committee, led by Patrick McHenry, wrote to Federal Reserve board vice chair Lael Brainard, to clarify the regulator’s stance on a central bank digital curr...
Ripple Advisor Point Towards More CBDC Announcements in Few Weeks
Ripple may announce its Central Bank Digital Currencies (CBDCs) in upcoming coming weeks. Ripple Advisor hints via a Tweet about the CBDC-based project release. Ripple and CBDC Solution Antony Welfare...
‘We need legislation’ on stablecoins
Stablecoins should be “appropriately regulated” to play a role in the financial system, Federal Reserve Board Chair Jerome Powell said on Thursday. “We need legislation on this,” Powell said. “There i...
New CBDC announcements are about to come
Join Our Telegram channel to stay up to date on breaking news coverage Just after clues from the Ripple CBDC senior advisor Antony Welfare of further revelations arrive, Ripple could soon reveal posit...
Ripple Advisor Hints More CBDC Announcements To Come in Following Weeks
Blockchain-based payments company Ripple may issue announcements related to central bank digital currency (CBDC) in the coming weeks. Ripple’s senior advisor for CBDC and global partnership Antony Wel...
Ripple adviser teases ’more CBDC announcements in the next few weeks’
Ripple may soon unveil positive developments in its central bank digital currency (CBDC) projects, following hints from Ripple CBDC adviser Antony Welfare of more announcements to come. Crypto influe...
India’s central bank plans CBDC launch in 2022 with help from fintechs, public banks
The Reserve Bank of India (RBI) is engaged in talks with fintech companies and four public sector banks to pilot Central Bank Digital Currency (CBDC) project, with a potential launch planned later in ...
Ripple Senior Advisor Says More CBDC Announcements Coming in “Next Few Weeks”
– Advertisement – Welfare said he would reveal more of Ripple’s CBDC announcements soon. Leading Silicon Valley tech company Ripple is a global payment provider, and its payment solution...
Ripple confirms upcoming news on CBDC
Ripple may soon unveil new positive developments in its projects related to Central Bank Digital Currencies (CBDC), following what was stated on Tuesday by one of its top advisors in the field of stat...
Ripple’s CBDC Advisor Hints New Updates in Next Few Weeks
4 hours ago | 2 mins read Altcoin News Welfare replied to a tweet from a prominent member of the XRP community. Certainly in the next few weeks is a rather vague timescale. According to Ripple’s Anton...