CBDC
Bitt CEO on Developing Nigeria's Central Bank Digital Currency 'eNaira'
Nigeria has become the first African country to roll out a central bank digital currency (CBDC). The Central Bank of Nigeria (CBN) worked with blockchain and payments startup Bitt Inc. to launch the eNaira. Bitt CEO Brian Popelka shares insights into the partnership and eNaira's use cases. Plus, implications for privacy and financial inclusion.
Nigeria’s Central Bank Digital Currency eNaira Goes Live
The official unveiling of the eNaira, Nigeria’s central bank digital currency (CBDC), happened Monday. It is designed to complement the country's physical currency, not replace it, according to an official announcement. This comes as Nigeria banned crypto transactions within its banking sector in February. "The Hash" panel discusses the latest digital payments momentum from Nigeria signaling further control of the money supply, and the wider outlook for CBDCs at large.
Nigeria Central Bank Launches CBDC ‘eNaira’
Nigeria’s central bank digital currency (CBDC), the eNaira, is live following an announcement by President Muhammadu Buhari Monday. Olumide Adesina, CoinDesk contributor and Nigeria-based certified investment trader, discusses the potential impact of the launch for financial inclusion, privacy, and decentralized crypto.
SEC Chair Gary Gensler: A Ban on Crypto Would Be ‘Up to Congress’
Responding to whether the SEC had any plans to follow China’s lead in banning cryptocurrency in favor of a prospective central bank digital currency (CBDC), SEC Chair Gary Gensler said Tuesday, “No, that would be up to Congress,” suggesting the agency has no plans to ban crypto.
Rep. Tom Emmer on Crypto Regulation, CBDCs, Infrastructure Bill
During Thursday’s House Financial Services Committee meeting, U.S. Federal Reserve Chairman Jerome Powell said he does not intend to ban cryptocurrencies but signaled stablecoins need greater regulatory oversight. Committee member Rep. Tom Emmer (D-Minn.) reacts.
Ang Reserve Bank ng New Zealand ay Naghahanap ng Pampublikong Input sa Digital Dollar Bago ang Deadline ng Disyembre
Sinabi ng bangko sa mga papeles nito na nakikita nito ang mga uso sa paggamit ng cash na "nagpapakita ng pagkakataon" upang isaalang-alang ang pagpapalawak ng pera ng sentral na bangko.
Bank of England to Intervene on Digital Currency ‘Programming’
“The Hash” panel discusses the specifics, reactions, and implications for the Bank of England reportedly telling its ministers to decide whether a central bank digital currency (CBDC) should be “programmable,” allowing the issuer to control the way the recipient spends it.
Ripple sa Pilot Bhutan's CBDC Gamit ang Private Ledger
Ang pagsusulit ay bahagi ng layunin ng Bhutan na dalhin ang populasyon nito sa 85% financial inclusion status sa 2023.
China to Build Global Clearing Network for Mobile Payments Using Digital Yuan
According to the People's Daily, China aims to build an international clearing and settlement network for mobile payments using the digital yuan, saying renminbi (RMB) internationalization is inevitable. Meanwhile, the central government is tightening its grip on control as it's now issuing guidance for time spent on video games. "The Hash" hosts discuss the latest on China's central bank digital currency (CBDC) pilot, its implications for global finance, and if China's political model impedes innovation.
35 Chinese Banks Nagdagdag ng Digital Yuan sa Apps habang Naghahanda ang mga Lender para sa Pag-aampon: Ulat
Plano ng isa pang 94 na bangko na i-access ang CBDC sa pamamagitan ng isang clearing platform.
