Swiss National Bank to Launch Pilot Wholesale CBDC Project
The Swiss National Bank will soon issue a wholesale national digital currency on the SDX exchange as part of a pilot project, according to its chairman Thomas Jordan.
Swiss National Bank to Launch Pilot Wholesale CBDC Project
The Swiss National Bank will soon issue a wholesale national digital currency on the SDX exchange as part of a pilot project, according to its chairman Thomas Jordan.
Bank of England: digital pound could run on conventional software, not blockchain
The Bank of England (BoE) digital pound may ultimately run on conventional software rather than blockchain. This was stated by Tom Matton, the head of the CBDC project.
IMF questions the case for banning cryptocurrencies
Banning cryptocurrencies may not be the best way to reduce the risks associated with them. IMF experts concluded as much.
BIS: Cryptocurrencies Are a Mistaken Path to Tokenisation
Experts from the Bank for International Settlements (BIS) called tokenisation based on CBDC the future of the global financial system, and cryptocurrencies a mistaken branch of this process.
Report: tokenisation could cover $5 trillion of assets in the next five years
Over the next five years, assets worth $5 trillion could be tokenised, including 2% of the global money supply.
IMF to develop platform for national digital currencies
The International Monetary Fund (IMF) is working on a platform for cross-border transactions using central bank digital currencies (CBDCs), Reuters reports.
Thailand launches pilot for retail CBDC
Bank of Ayudhya (Krungsri), Siam Commercial Bank and the Singapore-based payments provider 2C2P have joined the Bank of Thailand's pilot to launch a retail CBDC.
Reserve Bank of Australia signals a more prominent role for stablecoins in the economy
Stablecoins have the potential to occupy a more prominent role in the financial system. This is stated in the Reserve Bank of Australia (RBA) bill regulating crypto exchanges, custodial services and the issuance of "stablecoins".
European Commission to draft legal framework for the digital euro
The European Commission is set to prepare the legislative provisions for the digital euro in June 2023, said Fabio Panetta, a member of the ECB's Governing Council.
Opinion: Banking sector rightly wary of CBDC
JPMorgan and other TBTF banks in the U.S. view central bank digital currency (CBDC) as a government-backed threat to their business, Varoufakis said.We use cookies to improve the quality of our service.
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