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...

Sweden’s e-krona moves out from experimentation to testing phase

8 Jun 2021 2 minute read 12 comments fklivestolearn

Nordic nation’s central bank plans to test its CBDC with the country’s largest commercial bank, Handelsbanken No doubt many of the smaller nations are much more receptive to the idea of issuing digital currencies since they don’t have major political...

CDBCs are starting to take as China gives out $6.2 Million worth of Digital Yuan to Beijing residents

3 Jun 2021 1 minute read 0 comments Behiver

CDBCs are starting to take shape and one example of that is China which gives out $6.2 Million worth of Digital Yuan to Beijing residents. Cryptocurrencies are transforming the world and we are the witnesses!   Amidst central bank digital currency (C...

US Digital Dollar: Effect on Popular Crypto and Chinese digital Yuan

28 May 2021 1 minute read 0 comments Kailash Mina

Hey Everyone, welcomes back to My blog Crypto Times and Hopes you Guys are doing good. This Article on America’s digital dollar project. Digital Dollar American Federal reserve announced a digital dollar currency backed by the central government. Th...

The Latest Crypto News is Positive: the NSA Agent Watching you isn't that Big of an Asshole & China just Lost Cold War 2.0

22 May 2021 4 minute read 1 comment TheDigitalPhilosopher

  China getting out? A U.S. central bank digital currency? A huge dip in the market? Crypto transfers over 10k for U.S. businesses need to be reported? That's fucking fantastic news! I was quite literally excited by each and every one of these events...

Powell Finally Admits the Fed's Plan for CBDCs

21 May 2021 2 minute read 7 comments AlucardLife

So I don't know why this announcement hasn't moved markets yet. Maybe it just hasn't digested into the market at the time of this writing, but that seems unlikely. Maybe people don't yet understand the implications, which is highly likely. But those...

Central Bank Digital Currency Case Study – South African (Rand)

7 May 2021 5 minute read 3 comments Heath Muchena

Bitcoin and cryptocurrencies are booming and interest by individuals, corporations and even governments is increasing. Presently, up to 80% of banks globally are exploring or trying to implement Central Bank Digital Currency (CBDC). Countries like Ch...

CBDC - Not a Silver Bullet for the Unbanked

30 Apr 2021 5 minute read 0 comments Craig Borysowich

I often get asked whether Central Bank Digital Currencies (CBDCs) will bring banking to the unbanked.  A CBDC is a solution for some but not all problems, and like many other systems, it may create more problems than it solves.  The banked vs unbanke...

National Bank of Georgia Starts Working on Digital GEL

30 Apr 2021 1 minute read 0 comments CryptoGeorgia

The National Bank of Georgia (NBG) is considering launching a publicly available Central Bank Digital Currency (CBDC) to leverage new technologies to enhance efficiencies of the domestic payment system and financial inclusion. The CBDC is a direct li...

What do you know about the digital Yuan?

29 Apr 2021 1 minute read 0 comments Jnavedan

  The digital Yuan a means to dominate   If you do not live in China as I do, surely what you know you have heard, seen, or read through social networks. In the first instance, you will say, "It is the digital version of the fiat currency that China...