Tag: CBDC
Study: CBDCs Could Affect the Stability of Banks
Reading time: < 1 minuteThe integration of a stablecoin or central bank digital currency into the economy could have a destabilizing effect on banks, but might improve the welfare of households.
CBDC Transactions Volume Will Exceed $210M by 2030
Reading time: < 1 minuteThe volume of transactions involving central bank digital currencies (CBDC) will reach $213 billion by 2030.
The Bank of Japan Will Start Tests of its CBDC This Year
Reading time: < 1 minuteJapan is accelerating the development of the digital version of the yen.
The UK Will Launch the Digital Pound After 2025
Reading time: < 1 minuteThe launch of a national digital currency is possible this decade, but not before 2025.
Some Chinese Cities Give Away 180 Million e-CNY to Promote the CBDC
Reading time: < 1 minuteThe authorities of many cities in China have given away 180 million e-CNY to stimulate the use of the CBDC by the population in the Chinese New Year.
Indonesia Plans to Release a Token to Pay for Goods and Services
Reading time: < 1 minuteThe head of the Central Bank of Indonesia has this week announced that the authorities plans to create a national digital currency (CBDC).
Dragonfly Fintech Wins G20 TechSprint CBDC Challenge
Reading time: 3 minutesSingapore, Singpore, 19th October, 2022, Chainwire The Bank for International Settlements (BIS) Innovation Hub and Bank Indonesia under the Indonesian G20 Presidency announced the winners
Swiss Central Bank: “CBDCs Will be Able to Support the Stability of the DeFi Market”
Reading time: < 1 minuteThe Swiss Central Bank believes national digital currencies (CBDCs) will be able to effectively interact with tokens deployed on the DeFi decentralized finance market.
The ECB Releases First Results of CBDC Study
Reading time: < 1 minuteThe European Central Bank yesterday published the first results of its study on the digital euro.
BIS: Central Banks Should Build “Bridges” Between CBDC Platforms
Reading time: < 1 minuteThe Bank for International Settlements (BIS) has given its support to the central banks’ plans to create national digital currencies (CBDCs).