Tag: CBDC
Deutsche Bank Tests SWIFT Analogue for CBDC and Stablecoins
Reading time: < 1 minuteDeutsche Bank and SC Ventures have successfully transferred and exchanged stablecoins using the Universal Digital Payments Network (UDPN).
Belarus Plans to Launch its Own CBDC
Reading time: < 1 minuteDmitry Kalechits, Deputy Chairman of the Board of the National Bank of Belarus, stated that the National Bank is working on launching a digital version of the Belarusian ruble.
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.
