Jamaica is cleaning up everything prior to sending off its new CBDC The logo of the CBDC alludes to the Ackee Mexico hopes to send off a CBDC in 2024 No money, no issue! Assuming you are one of the pe...
Tag: CBDC
Bank Of Jamaica Says It’s Ready To Roll Out The Jam-Dex CBDC
The Jamaican government says it is getting everything ready before launching its central bank digital currency (CBDC), called Jam-Dex. The Bank of Jamaica, in a press release this week, announced that...
Will Circle And Tether Reign Supreme? Federal Reserve Predicts Stablecoin Issuer Duopoly
Federal Reserve Governor Lael Brainard, nominated by President Biden to be the Vice Chair of Supervision at the Fed, issued a warning Friday about the rapid growth of stablecoins. Before the 2022 U.S....
Jamaica Has Everything Ready For Its New Jam-Dex CBDC
No cash, no problem! If you are one of those who think that physical money is old-fashioned, you might want to move to Jamaica, where the Central Bank has a similar stance and is getting closer each d...
Bank of Zambia Expects to Complete CBDC Study in Q4 – Coinotizia
The Bank of Zambia has said it expects to complete its study seeking to determine the feasibility of launching a Central Bank Digital Currency (CBDC), before the end of the last quarter of 2022. Narro...
President Biden To Issue Executive Order For Crypto And CBDC Next Week
The US President Joe Biden has reportedly planned to issue an executive order directing government agencies to investigate cryptocurrencies as a matter of national security. The order, which will also...
The U.S. already have a CBDC, just skip the “CB”
Few product announcements have stirred such activities among governments around the world as the then Facebook’s, now Meta’s, announcement of the then Libra, now the dead Diem, announcement. The prosp...
What people need to know about CBDC and how they can be utilized.
Introduction to what CBDC is. Mechanism of how the CBCD works. How CBDC can be used. A currency that can become a major constituent for direct transactions for the advantages of the authorities. CBDC,...
Central Bank of Jordan Exploring the Possibility of Launching a CBDC – Coinotizia
The governor of the Central Bank of Jordan recently said his institution is studying the possibility of launching a legal digital currency, one that will be linked with its national currency. He also ...
Ripple partners with Digital Euro Association
Ripple is collaborating with the Digital Euro Association (or DEA) to support Central Bank Digital Currencies or CBDCs. The partnership aims to use Ripple’s blockchain-based infrastructure already use...
‘Test’ U.S CBDC Hits 1.7 Million TPS—The Fastest Transaction Speed Yet ⋆ ZyCrypto
Advertisement     The Federal Reserve Bank of Boston with The Massachusetts Institute of Technology Digital Currency Initiative recently completed a transaction speed ...
Government and RBI in Complete Harmony on Crypto and CBDC
A fortnight packed with important developments on the economic front, Indian Finance Minister Nirmala Sitharaman and Governor of India’s central bank Shaktikanta Das told the media that there is compl...
This feature can give Ripple an edge of bridging between CBDC
RippleNet has plans to grab the opportunity of growing demand for cross border crypto-based payment RippleNet’s Policy Director for the Asia Pacific region, Rahul Advani, was recently interviewed with...
EU Regional ‘Digital Euro’ CBDC Now Inevitable Come 2023 Says European Commission ⋆ ZyCrypto
Advertisement     The European Commission (EC) Finance Chief, Mairead McGuinness, has officially declared a timeline for the actualization of Europe’s central Digital ...
Kenya set to begin developing own CBDC
TLDR Breakdown Kenya begins developing its own CBDC. Asks citizens opinion on proceeding with a CBDC. Nigeria, Ghana, Zimbabwe are African countries that have developed their own CBDC. Kenya has becom...
Bank of Zambia Expects to Complete CBDC Study in Q4 – Emerging Markets Bitcoin News
The Bank of Zambia has said it expects to complete its study seeking to determine the feasibility of launching a Central Bank Digital Currency (CBDC), before the end of the last quarter of 2022. Narro...
Kenya Explores CBDC by Starting a Public Discussion
The Central Bank of Kenya (CBK) said a potential CBDC could positively impact the local financial system. Nonetheless, the institution introduced a discussion paper to find out what the general public...
Jamaican Central Bank Says It Has ‘Successfully Completed CBDC Pilot’ – Coinotizia
The Jamaican central bank successfully completed the pilot testing of its central bank digital currency, a statement from the bank has said. The statement however reveals that only one payment service...
Kenyan Central Bank Seeks Public Opinion concerning CBDC
As a change of tune about crypto assets, the Central Bank of Kenya (CBK), Kenya’s apex bank, seeks to ask for public opinion about the potential introduction of a central bank digital currency (CBDC)....
US Federal Reserve bank at the helm of CBDC research effort appoints new president
The Federal Reserve Bank of Boston, or Boston Fed, has selected economist Susan M. Collins, University of Michigan provost, to serve as its new president and chief executive officer. The seat has beco...
Zambia setting up to board CBDC after throwing out cryptocurrency
Lately, the country’s Central Bank has criticized the use of digital assets, now planning to take CBDC that created confusion about Is cryptocurrency legal in Zambia? Central bank controlled cryptocu...
Central Bank of Kenya seeks public input on potential CBDC
The Central Bank of Kenya (CBK) has published a discussion paper on its central bank digital currency (CBDC), seeking public input on the potential benefits and risks and regulatory issues of introduc...
Zimbabwe’s Central Bank Exploring CBDC, Reiterates Opposition to Cryptocurrencies – Fintech Bitcoin News
Zimbabwe’s central bank, which has expressed its opposition to cryptocurrencies in the past, announced yesterday it is presently exploring the feasibility of rolling out its own central bank digital c...
Long-Time Blockchain Advocate Congressman Tom Emmer Takes Aim at CBDC Bill
HodlX Guest Post Submit Your Post Minnesota Congressman Tom Emmer, former co-chair of the bipartisan Congressional Blockchain Caucus, made rumblings this past month over the Fed’s role of issuing a...
CBDC Can Replace Bitcoin, Claims Russia’s Second-Richest Man
Vladimir Potanin – a business oligarch and the second wealthiest man in Russia – claimed that a digital ruble might displace private cryptocurrencies. It could promote new technologies, while bitcoin ...
Fed Designs Digital Dollar That Handles 1.7 Million Transactions Per Second
As the race against China’s development of its central bank digital currency (CBDC) known as the digital yuan continues, the U.S. Federal Reserve accomplished a feat in testing a design for a U.S. dig...
US Fed and MIT University published a joint Technical Research report for US CBDC
In the current time where blockchain and cryptocurrency uses are at a peak and showing the trend only to move more upwards, countries across the globe are considering taking advantage of it China is a...
Digital Dollar Bullish for Bitcoin (BTC)? Grayscale Head Says CBDC Could Create Tailwinds for Crypto
The CEO of digital asset titan Grayscale Investments says that a central bank digital currency (CBDC) can propel Bitcoin (BTC) into further adoption and growth. In a new interview on CNBC’s Squawk Bo...
Bank of England is ‘highly unlikely’ to develop a retail wallet for CBDC
A senior manager at the Bank of England says the 327-year-old institution is “highly unlikely” to develop a retail-facing wallet that could be used to store and spend digital currency. The question o...
Kenyan Central Bank Document Discusses Benefits and Risks Posed by CBDC — Public Asked to Comment – Bitcoin News
Kenya’s central bank has acknowledged in a recently released document that a central bank digital currency could potentially benefit the country’s financial system. The bank, however, warned that roll...