Latest Posts with CBDC tag

CBDC

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US House hearing reveals bipartisan support for a government-backed Digital Dollar

15 Jun 2021 1 minute read 2 comments Keith Thuerk

US House hearing reveals bipartisan support for a government-backed Digital Dollar Program (AKA DDP) citing the need to keep pace with China and to enable a larger swath of the U.S. population to access the digital economy, during a hearing Tuesday m...

Brazil eyes 2022 for issuing a CBDC as China nears a full digital RMB launch

7 Sep 2020 2 minute read 0 comments fklivestolearn

With China on track to launch its digital currency soon, other major nations like France, Japan & now Brazil are intending to do the same   Onthe face of it, the pandemic caused a global disruption with millions losing their jobs as economies shut do...

OMG Look to Power CBDCs with Plasma

2 Nov 2020 1 minute read 0 comments Tomadachi

OMG Network, previously known as OmiseGo, are promoting their Plasma Blockchain Technology as a means for central banks to roll out their own digital currencies (CBDCs) to "...Encourage economic growth, improve monetary policy implementation, and fos...

CBDCs for the Captive, Bitcoin for the Free?

14 Nov 2020 3 minute read 1 comment Tomadachi

Someone wiser than me once said, "Listen to people when they are angry, because that is when the real truth comes out."  Old poets however, from Chaucer to Ebsworth, have suggested humour is the place where truth can be found, spawning the adage: "Ma...

Banque de France successful tested their Blockchain based digital currency.

22 May 2020 1 minute read 1 comment alberdioni8406

Banque de France, the central Bank of France have completed successfully their first test on the their CBDC (central bank digital currency), a currency based on Blockchain in partnership with the investment bank Societe Generale the giant financial i...

Central Banks May Prohibit Fully Decentralized Stablecoin Systems

15 Apr 2020 1 minute read 0 comments Abhimanyu Krishnan

The Financial Stability Board, an influential international body that is composed of all G20 members, on April 14 has published a lengthy document on regulating stablecoins that provides some insight into the regulatory body’s approach to the asset c...

China Expands Digital Yuan Trials

15 Aug 2020 1 minute read 0 comments DHEagle

China's Ministry of Commerce is currently testing the country's central bank digital currency (CBDC); It announced that it will expand to include Tianjin and Hebei provinces as well as Beijing. According to a report by the Wall Street Journal dated A...

Starbucks, McDonald's and Subway: on the mirror to test the Chinese national digital currency.

25 Apr 2020 1 minute read 0 comments alberdioni8406

The American giants chain of food and Restaurants Starbucks, McDonalds and Subway could trial the Chinese national digital currency accordingly to a report from local media released on Thursday. The same report display also a list of 19 possible firm...

Bank of England and Ripple

31 Jul 2020 1 minute read 3 comments Tomadachi

The Bank of England announced yesterday that they have appointed a company called Accenture to act as the Technology Delivery Partner for the Real Time Gross Settlement (RTGS) Service Renewal Programme. Accenture offer a wide range of strategy and co...

Banque de France select candidates to test digital currency.

21 Jul 2020 1 minute read 4 comments alberdioni8406

The France Central Bank, Banque de France selected 8 candidates to their experiment in digital currency. This entities will test solutions enabled by digital currency covering many areas, from asset transfer to advantage to use digital currency to ba...