Central Bank Digital Currencies (CBDCs), a phenomenon that took over the global financial system in 2021, is now getting popular among African economies. Recently, the Central Bank of Kenya (CBK) publ...
Tag: CBDCs
Ripple Partners With Digital Euro Association To Accelerate Research on CBDCs
Ripple Inc., an enterprise blockchain and crypto firm focused on cross-border payment technologies, has partnered with the Digital Euro Association, a a think tank specializing in central bank digital...
“Trying to Keep an Open Mind”-Federal Reserve Governor Bowman On CBDCs
Federal Reserve Governor Michelle Bowman opined that central bank is exploring the benefits of CBDCs while speaking at Independent community bankers of America meeting. The widespread adoption and use...
CoinDesk executive Emily Parker says CBDCs will boost demand for private cryptocurrencies
The executive director for CoinDesk, Emily Parker, has addressed the key differences between central bank digital currencies and private cryptocurrencies. Central bank digital currencies have been a h...
CBDCs Could be Safer and Cheaper Than Cryptocurrencies
Central bank digital currencies have become among the most popular topics of discussion among governing monetary bodies as they are trying to find a way to reduce the impact of private cryptocurrencie...
CBDCs and the Case for the Public Good
Money is a public good, meaning it is provided without the intention of profit and for the benefit of a society. But money is also technology, with different forms, features and use cases. It’s exciti...
Crypto Aside, DAOs, DeFi, NFTs, And CBDCs Could Dominate The Stage In 2022 ⋆ ZyCrypto
Advertisement     It is undeniable that 2021 was the grand year of crypto with most cryptocurrencies recording massive growth thanks to increased demand from both reta...
The Fed Publishes A Discussion Paper
The Chinese Central Bank is rolling out a digital yuan into production to coincide with the Winter Olympics, the Fed is producing a discussion paper. 250 million people have downloaded the wallet app ...
Banks will be sidelined by CBDCs – They will need to embrace crypto
Central bank digital currencies (CBDCs) are being researched, developed and trialled by countries across the world. All at different stages of this process. The central bank would interact with each w...
Swiss National Bank partners with five banking giants to test CBDCs
The Swiss National Bank has worked with some leading financial institutions globally to look into central bank digital currencies (CBDCs). Through this partnership, the institution successfully integr...
Visa Teams Up With Consensys To Build Payment Infrastructure For CBDCs
Visa and ConsenSys, a blockchain software startup, are working to develop a central bank digital currency (CBDC) pilot program to explore retail applications such as cards and wallets. Both firms will...
National Policymakers Are Divided Over CBDCs
Key Takeaways The U.K. House of Lords Economic Affairs Committee has stated that it is opposed to a central bank digital currency. In the U.S., congressman Tom Emmer has also raised concerns over the ...
Visa Partners With ConsenSys to Help Bridge CBDCs With Traditional Finance
Payments giant Visa has teamed up with Ethereum scaling firm ConsenSys to help central bank digital currency (CBDC) networks bridge the gap with traditional financial institutions. Customers will even...
Stablecoins Could Coexist With CBDCs, Says Fed Chairman
Privately issued stablecoins could exist alongside a potential central bank digital currency, according to Federal Reserve Chair Jerome Powell. Powell spoke at a Senate Banking Committee hearing ear...
CBDCs: Mexico, China and other countries
Mexico could be the next country to launch its own CBDC (Central Bank Digital Currency). This 2022 could ultimately be the year of consecration of central bank digital currencies in different countrie...
Stablecoin Friendly Policies Can Help Make 2022 A Breakout Year For The Sector
Stablecoins increasingly are the form of cryptoassets most commonly used for transactional purposes, and as 2022 gets underway the importance of these cryptoassets will only increase. Getty STRF/STAR ...
eNaira Shows That CBDCs Are Maturing
eNaira is old news in the world of Central Bank CPF Digital Currencies and crypto-currencies. The eNaira announcement is just a few months old. In the fast moving world of crypto-news it has already b...