Tag: 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).
SWIFT Starts Trials with CBDC International Payments
Reading time: < 1 minuteSWIFT has started experiments on international payments using the central bank digital currencies (CBDC) of different countries.
WeChat App Adds Support for Digital Yuan Payments
Reading time: < 1 minuteWeChat has recently introduced payments in digital yuan (e-CNY).
China Extends Digital Yuan Testing to Additional Cities
Reading time: < 1 minuteAccording to the central bank of China, the People’s Bank of China, the country will expand testing of the digital yuan to more areas, cities and regions.
The EU Will Consider its Digital Euro Bill in 2023
Reading time: < 1 minuteThe bill on the digital euro will be presented in 2023, Politico reports citing an official statement by European Commissioner for Finance Mairead McGuinness.
Former Oficial of the Bank of Japan Warns Against the Digital Yen
Reading time: < 1 minuteHiromi Yamaoka, former head of financial settlements at the Central Bank of Japan, has advised users not to use the digital yen in any way.
Bank of Japan Will Issue CBDC by 2026
Reading time: < 1 minuteHaruhiko Kuroda, the head of the Central Bank of Japan, has said in a meeting of parliament the regulator has not yet decided on the launch of a digital version of the yen.
