Singapore and Cambodia are notably exploring the use of Central Bank Digital Currencies (CBDCs) and digital currencies to improve their payment ecosystem efficiency as well as bolster the growth of st...
Tag: CBDC
Bank of England Teams up with MIT on CBDC Research Project
To delve deeper into the opportunities, risks, trade-offs, and potential technical challenges faced when developing a CBDC system, the Bank of England (BoE) has joined hands Massachusetts Institute of...
Bank of England Taps MIT to Research CBDC Pros and Cons
After bashing the cryptocurrency industry for years, the Bank of England has decided to go down the central bank digital currency path by collaborating with MIT. Thus, England’s central bank has becom...
MIT Welcomes Bank of England For A Joint 12-Month Research On CBDC
The Bank of England (BOE) announced that it has partnered with the Massachusetts Institute of Technology (MIT) for joint 12-month research on central bank digital currency (CBDC), called Digital Curre...
Bank of England Joins MIT in CBDC Research Effort
An announcement on the Bank of England’s website shows that the bank has entered into a deal with the Massachusetts Institute of Technology (MIT) Media Lab Digital Currency Initiative (DCI) to carry o...
The Bank Of England Joins Bank of Canada, Federal Reserve Bank On CBDC Research Project
On Friday, the Central Bank of the United Kingdom, the Bank of England made the announcement that it had arrived at an agreement on a twelve-month research joint project on Central Bank Digital Curren...
MIT adds the Bank of England to its stable of CBDC digital currency research partners
The Bank of England announced Friday that it had reached an agreement with the Massachusetts Institute of Technology Media Lab Digital Currency Initiative, or DCI, on a joint twelve-month research pro...
Singapore and Cambodia Central Banks Exploring CBDC
The central banks of Singapore and Cambodia are exploring central bank digital currencies (CBDCs) as crypto interest grows among ASEAN countries, said during a panel discussion at the China Conference...
David Woo on why an American CBDC could be big trouble for Bitcoin
David Woo, a former top Bank of America executive, is famous for his 2013 prediction that Bitcoin would prove to be a viable alternative to traditional money transfer providers. Nearly a decade later,...
South Korea Embraces Cryptocurrency While Testing its own CBDC
Mar 23, 2022 at 12:00 // News South Korea is known for its technological advances in various fields. With the introduction of cryptocurrencies, the country has begun to actively explore the potential ...
CBDC Is ‘Natural Progression’ in Payments, Says Indian Minister
At the Business Today Crypto Conclave on Tuesday, government officials discussed the progression of crypto innovation and regulation in India. e-Rupee, a natural progression According to the Union Min...
There Are Two Kinds Of CBDC: Wholesale & Retail. But How Are They Different?
U.S. President Joe Biden’s recent decision to sign an executive order asking government agencies to develop frameworks and policy proposals for enhancing the regulation and “responsible development” o...
Stellar (XLM) is still working with Ukraine to launch a CBDC
The CEO of Stellar, Denelle Dixon, has announced that the company is working with Ukraine to launch a central bank digital currency (CBDC). Ukraine’s CBDC plans are still ongoing despite the ongoing c...
Ukraine CBDC Is Progressing During Wartime: Stellar CEO
Key Takeaways Stellar CEO Denelle Dixon said today that Ukraine is developing its CBDC despite its ongoing war with Russia. Dixon said that the project has seen delays and that she does not know a dat...
Qatar makes plans to launch a CBDC and issue digital bank licenses
Qatar plans to issue a central bank digital currency (CBDC) and digital bank licenses. Qatar will be joining the list of countries exploring CBDCs and how they can be used to transform the financial s...
Qatar Plans to Issue Digital Bank Licenses and Explore a CBDC: Report
Qatar’s central bank plans to digitalize most of its products, including studying and potentially developing and launching a CBDC. One of the other directives from the institution involves issuing dig...
Why does Snowden think in CBDC the risks are easy to illustrate?
Former American Computer Intelligence consultant who later is known for declassifying the information from the National Security Agency of America (NSA) in 2013 by leaking it. The action made him famo...
Ghana’s CBDC eCedi: Inclusivity, A Primary Factor
The West African country Ghana has recently signified its plans on the Central Bank Digital Currency (CBDC), as the Central Bank presented a design paper. The motives include an amalgamation of factor...
How Do You Define National Security? An Important Question As China Continues Its CBDC Push
HodlX Guest Post Submit Your Post Recent reports note that Wang Jingwu, vice president and chief risk officer of Industrial and Commercial Bank of China, authored a whitepaper which detailed for th...
Bank Of Canada Partners MIT To Take CBDC Research A Step Further ⋆ ZyCrypto
Advertisement     Canada to collaborate with MIT to expand its CBDC research. The research is expected to last for a year. The apex bank still maintains it isn’t relea...
Bank of Canada And MIT Agrees To Collaborate On CBDC Research
The Bank of Canada and the Massachusetts Institute of Technology (MIT) are collaborating on Central Bank Digital Currency (CBDC) research. The research will be conducted on a twelve-month basis, after...
India Says ‘No’ to Cryptocurrency; Launches CBDC Instead
India’s central bank, the Reserve Bank of India (RBI), has dismissed all speculations that the government plans to issue a cryptocurrency that would be regulated by RBI, instead looking to CBDC as a d...
Bank Of Canada And MIT Announce Collaboration To Focus On CBDC Research
The Bank of Canada and the Massachusetts Institute of Technology (MIT) announced a 12-month collaboration to research Central Bank Digital Currencies (CBDCs). The report will be published at the end o...
Bank of Canada and MIT to Conduct a Joint Research Project on CBDC
Canada’s central bank collaborated with the Massachusetts Institute of Technology (MIT) to launch a twelve-month research project on central bank digital currency (CBDC). The study will inform the fin...
Canadian Central Bank Partners with MIT for CBDC Research
The Bank of Canada- the Central Bank of Canada, announced Wednesday that it has partnered with the Massachusetts Institute of Technology (MIT) to work on a twelve-month research project on Central Ban...
India Thumbs Down Crypto, To Launch CBDC Instead
India is just not that into crypto these days. Or, perhaps, not yet. Nirmala Sitharaman, India’s finance minister, revealed last month that the Reserve Bank of India will deploy a digital rupee someti...
Architect of China’s CBDC Calls For More Web3 Development
Yao Qian, a key developer in China’s central bank digital currency (CBDC) project, called on the Chinese government to increase the development of web3 technology. In an academic article, Qian said s...
The Russia-Ukraine War Might Accelerate CBDC Issuance, Former BOJ Official Says
The sanctions slapped on Russia based on its invasion of Ukraine might prompt more nations to adopt central bank digital currencies (CBDCs) as a shield against the U.S. dollar’s supremacy in the globa...
Bank of Canada and MIT to Work on Joint CBDC Collaboration
The Bank of Canada (BoC) and Massachusetts Institute of Technology (MIT) have announced on Wednesday that both parties have reached an agreement to collaborate in a twelve-month research project on ce...
US shouldn’t compete with China’s CBDC using surveillance tools
Jake Chervinsky, head of policy at crypto advocacy group the Blockchain Association, said the United States should be careful to avoid a “totalitarian nightmare” in its potential launch of a central b...