Articles with tag: cbdc

Found 26 results in 578 milliseconds.

Libra may not deliver digital currency, but digital identity

06 Aug 2020 | Cryptocurrencies

‘In large parts of the world, Know-Your-Customer (KYC) could be replaced by Known- by-Zuck (KYZ) to the benefit of society as a whole’ The Digital Currency Revolution’ by David Birch

David Birch, Libra, CBDC, central banks, Facebook, Know-Your-Customer, identity, digital identity, identity verification, digital currency, synthetic hegemonic currency, digital wallets, Novi, Consult Hyperion

Suzhou signs MOU with Cypherium to advance blockchain development after CBDC trials

29 Jul 2020 | Cryptocurrencies

Cypherium, an enterprise-focused blockchain platform, has signed a Memorandum of Understanding with Suzhou City Municipal to advance the city’s development of blockchain infrastructure.

Cypherium, blockchain, CBDC trials, China, DC/EP, central bank digital currency

Central Bank Digital Currencies: evolution, not revolution

24 Jul 2020 | Cryptocurrencies

In our second instalment of CBDC series, Barry Topf, Chief Economist at Saga Monetary Technologies, discusses the potential CBDCs hold but also the great hidden risks, especially in terms of privacy

Saga Monetary Technologies, Barry Topf, CBDC, Central Bank Digital Currency, crypto, digitalisation, tokens, trust, security, central banks, central bank money, interest rate, financial stability, Saga token, SGA

Central Bank Digital Currencies for dummies – a quick guide into CBDCs from the Dutch Central Bank

24 Jul 2020 | Cryptocurrencies

Harro Boven, Policy Advisor at the Dutch Central Bank: ‘The introduction of CBDC would involve a structural reform of the monetary system

Central Bank Digital Currency, CBDCs, Covid-19, digitalisation, cenytral banks, crypto, cash decline, bank account, financial stability, Harro Boven, DNB

Bank of Japan sets up new team to explore Central Bank Digital Currency

22 Jul 2020 | Online & Mobile Banking

The Bank of Japan (BOJ) has set up a new team to explore the implications of central bank digital currencies.

Bank of Japan, banks, Central Bank Digital Currency, BOJ, CBDC, digital currencies, Japan

Banque de France announces candidates for experiments with Central Bank Digital Currency (CBDC)

21 Jul 2020 | Payments General

Banque de France has announced the overview of candidates selected for experiments with Central Bank Digital Currency (CBDC).

Accenture, Euroclear, HSBC, Iznes, LiquidShare, ProsperUS, SEBA Bank, Société Générale, banking, central bank digital currency, CBDC, Banque de France, payments

BoE considering the launch of a digital currency

14 Jul 2020 | Cryptocurrencies

Bank of England (BoE), UK’s central bank, has announced the possibility of launching a digital currency.

BoE, digital currency, Bank of England, UK, banks, central bank digital currency, CBDC, payments, coronavirus, COVID-19

MAS completes Project Ubin for Central Bank Digital Currency

14 Jul 2020 | Cryptocurrencies

The Monetary Authority of Singapore (MAS) and Temasek have released a report to mark the successful conclusion phase of Project Ubin.

Project Ubin, MAS, Monetary Authority of Singapore, Temasek, JP Morgan, Central Bank Digital Currency, CBDC, blockchain, payments, multicurrency, ecosystem, cross-border payments, multiple currencies, foreign currency exchange

Chinese ride-hailing DiDi to trial China's central bank digital currency

14 Jul 2020 | Cryptocurrencies

DiDi, a large Chinese ride-hailing company, has created a task force to design and implement a trial of China’s central bank digital currency (CBDC) on its transportation platform.

DiDi, ride hailing, central bank digital currency, CBDC, China, DCEP, electronic payments, banks

Bank of Japan explores the potential offline use of a digital yen via CBDC

08 Jul 2020 | Cryptocurrencies

The Bank of Japan (BoJ) has published a research paper exploring the potential offline use of a digital yen using central bank digital currency (CBDC).

CBDC, central bank digital currency, decentralised CBDC, electronic money, smartphone, distributed ledger, SIM, cards, payments, Bank of Japan, Japan, BoJ

Italian banks preparing to trial a digital Euro

22 Jun 2020 | Cryptocurrencies

The Italian Banking Association (ABI), made up of over 700 Italian banking institutions, has announced that its banks are willing to pilot a digital euro.

central bank digital currency, CBDC, banking, digital euro, Italy, blockchain, ABI

Thai central bank investigates building central bank digital currency for payments

19 Jun 2020 | Cryptocurrencies

Thailand’s central bank has unveiled plans to build a prototype of a payment system for businesses using central bank digital currency (CBDC).

Thailand’s central bank, CBDC, Bitcoin, central bank, innovation, digitalisation, Asia

Coronavirus speeds research around central bank digital currencies

16 Jun 2020 | Cryptocurrencies

The coronavirus pandemic has been accelerating the development of central bank digital currencies (CBDCs), central bank officials said.

BoE, CBDC, central banks digital currency, Libra, stablecoin, Facebook, contactless payments, digital payments, coronavirus

Sberbank calls on suppliers to provide almost 5.00 ATMs with graphic cards

01 Jun 2020 | Cryptocurrencies

Russia-based Sberbank has called on local suppliers to provide 4.917 ATMs that come with built-in graphic cards that can perform ‘blockchain operations.’

Russia, banks, Sherbank, cards, ATMs, blockchain, graphic cards, Bitcoin, BTC, BTM, banks, DLT, China, loan, SMBs, Sweden, France, CBDC

Coronavirus – Keep calm, and innovate

09 Apr 2020 | Payments General

‘How much for your coffee?’ 5 euros, 6 dollars … whatever the price, we might pull out local money, swipe a card, or maybe tap a smartphone to settle the bill. Someone watching from another century in the past would think it were magic.

coronavirus, innovation, banking, ecommerce, Amazon, internet, bank branches, digitalisation, travelling, VR, CBDC, Visa, frictionless, Tesla

Digital currency issuance could involve private companies, Bank of England says

08 Apr 2020 | Cryptocurrencies

Bank of England (BoE) analysts working on the UK’s central bank digital currency (CBDC) initiative have said during a webinar that there was a distinct possibility that private companies could play a larger part in the issuance and distribution of money.

Bank of England, BoE, central bank digital currency, CBDC, UK, cryptocurrency, Facebook, Libra, stabelcoin, data privacy

BIS publishes paper on tokenised securities, CBDCs, P2P payments

02 Mar 2020 | Cryptocurrencies

The Bank for International Settlements (BIS) has published a white paper that focuses on tokenised securities, central bank digital currencies, cross-border payments and peer-to-peer innovations.

Bank for International Settlements, DLT, Central Bank digital Currencies, CBDC, P2P payments, tokenisation, securities, descentralisation

Bank of Japan calls for more scrutiny in issuing digital currency

27 Feb 2020 | Cryptocurrencies

Bank of Japan’s Deputy Governor has said that central banks must get a better understanding of the benefits and risks of issuing their own digital currencies.

Bank of Japan, cryptocurrency, central bank digital currency, CBDC, Central Banks, innovation, Japan, money laundering

Utility Settlement Coin to team up with Adhara to develop digital money

25 Feb 2020 | Cryptocurrencies

Utility Settlement Coin (USC), a blockchain-based payments system involving commercial and central banks, will be working with Adhara, a stratup backed by ConsenSys, CoinDesk has learned.

Utility Settlement Coin, blockchain, cryptocurrency, payments system, central banks, commercial banks, Fnality, Quorum, CBDC

Adoption and potential of central bank digital currencies, study

18 Feb 2020 | Cryptocurrencies

Central banks in established countries appear to be taking a cautious stance on the transition from fiat currencies to central bank digital currency (CBDC), Cointelegraph reported.

central bank digital currency, CBDC, digital currencies, cryptocurrencies, stablecoins, China, banks, central banks