Latest Posts with CBDC tag

CBDC

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Mommin' It Monday - Stream 20 - Crypto News Nov 2, 2020

3 Nov 2020 1 minute read 0 comments Mamaecrypto

Our 20th episode of the Mommin' It Monday is simply packed with the latest headlines in crypto. Join me and Lisa as we dive into a variety of topics.    We start by discussing the latest article in my blog, "What Americans are Invested in", and pull...

China digital currency implementation continues with $1.5 million cash splash

13 Oct 2020 2 minute read 14 comments PVMihalache

Back in April, the Chinese Government started the ambitious plan to challenge the Bitcoin and international currencies such as Dollars, Euros and Sterling Pounds. They started a trial program for the official digital version of the yuan, with a limit...

Another big Digital Bank Currency project selects Tezos and Ethereum: the DIBC

18 Nov 2020 1 minute read 0 comments Allen Walters

This project will focus on interbank transactions. This is different from the previous Central Bank Digital Currency (CBDC) project from Banque de France. CBDC focuses on the development of a "stable coin" that will represent a digital form of bankno...

CBDC: Taking Tokens to Account

15 Oct 2020 5 minute read 0 comments Craig Borysowich

At a very high level, one of the basic design concepts for a CBDC is the decision to design a purely token-based solution or should the central bank take on a broader mandate to offer an account-based solution that would support digital currency toke...

BITCOIN OR CBDC ... ?

20 Mar 2021 2 minute read 0 comments Nas.A

  Hello to my friends who love life and keep smiling despite all kinds of negativity. In this article, I will talk about the "Central Bank Digital Currency (CBDC)" that you have often heard. What is CBDC…? How is it different from cryptocurrencies…?...

Hong Kong Will be the First City to Use China's Digital Currency

12 Aug 2020 1 minute read 2 comments Abhimanyu Krishnan

Local media outlet Southern Daily reported on August 12 that officials from the People’s Bank of China had confirmed that Hong Kong’s Greater Bay Area would be the first region that would use China’s digital currency, DCEP.  China has been testing a...

Australia's Central Bank To Run CBDC Pilots on Ethereum Tech

2 Nov 2020 1 minute read 0 comments Abhimanyu Krishnan

On November 2, Australia’s central bank announced that it had partnered with ConsenSys and several national financial institutions to explore the issuance of a central bank digital currency (CBDC). Australia’s Reserve Bank, the nation’s central bank...

CBDC: Wholesale, Retail and the Subtle Contexts of Money

25 Nov 2020 3 minute read 1 comment Craig Borysowich

At the end of the day money is money, but with that said, there is are some very different contexts of money that become important in the implementation of a CBDC.  Simply delineating between wholesale money or retail money and public versus private...

XRP Does Not Compete With Any Stablecoin, Exec Says

20 Aug 2020 1 minute read 1 comment Abhimanyu Krishnan

Ripple's senior director of global operations Emi Yoshikawa was interviewed by Japanese crypto exchange FXcoin, where she said that the XRP token is not competing with stablecoins or Central Bank Digital Currencies (CBDCs).  Yoshikawa considers XRP...

A storm of global rivalries to develop CBDCs is brewing

28 Jan 2020 4 minute read 0 comments fklivestolearn

The major central banks are investigating potential use cases of the digital equivalents of fiat currencies at an accelerated pace   If there has been one overwhelming factor that has precipitated these aggressive moves by the global central banks to...