CBDC
Canvas Facilitates Forex Transaction Using Australian CBDC
Australia made its first Foreign Exchange Transaction using eAUD, the CBDC being piloted in the country. The transaction was done using Canvas, an Ethereum Layer 2 that uses Zero Knowledge roll-up technology. Canvas CEO David Lavecky discusses the project, noting "what's happening here is a pilot to investigate the benefits that come with it." Plus, Lavecky shares his outlook on broader retail adoption of this technology.
DeSantis: ‘Bitcoin Represents a Threat to the Current Regime’
Florida’s governor and the Republican Party’s latest leadership candidate talked crypto and central bank digital currencies in a Twitter space with Elon Musk.
UK Will Need New Laws to Accommodate Future Digital Pound, Lawyers Say
Should the country decide to issue a CBDC, existing data protection, security and anti-money laundering rules would need amending, said Louise Abbott, partner at Keystone Law.
Legal Expert Dissects Florida Gov. DeSantis' Campaign Against CBDCs
Florida Governor Ron DeSantis signed a bill last week to prohibit the use of central bank digital currencies (CBDC) in the state. Carla Reyes, assistant professor at Southern Methodist University’s Dedman School of Law, who has done work in both digital assets law and the Uniform Commercial Code (UCC) that Florida is focused on, explains why she thinks "nothing has been prohibited" by the new law.
Ripple Exec on Acquiring Crypto Custody Firm Metaco for $250M
Blockchain firm Ripple is buying Swiss-based crypto custody provider Metaco for $250 million. James Wallis, Ripple VP of Central Bank Engagements and CBDCs, shares insights into the acquisition.
NY Fed, Singapore Regulator Verify CBDC Use for Cross-Border Payments
Central bank digital currency (CBDC) systems operating on different types of networks can be used for cross-border and cross-currency payments, according to a new report published by researchers with the New York Federal Reserve and Monetary Authority of Singapore (MAS). CoinDesk Managing Editor of Global Policy and Regulation Nikhilesh De breaks down the new research.
Ripple Exec on CBDC Platform, Metaco Acquisition
Blockchain firm Ripple is launching a central bank digital currency (CBDC) platform that allows central banks, governments, and financial institutions to issue their own digital currency. James Wallis, Ripple Vice President of Central Bank Engagements and CBDCs, joins "First Mover" to discuss the platform's services and the firm's recent acquisition of Swiss-based crypto custody provider Metaco for $250 million.
Ripple Launches Platform for Central Banks to Issue Their CBDCs
Ripple is starting a central bank digital currency (CBDC) platform which allows central banks, governments, and financial institutions to issue their own digital currency. The firm will also showcase a real estate tokenization product as part of Hong Kong Monetary Authority's e-HKD pilot. "The Hash" panel discusses what this means for Ripple amid a global race to digital money.
Ripple Starts Platform for Central Banks to Issue Their CBDCs
The firm will also showcase a real estate tokenization product as part of Hong Kong Monetary Authority's e-HKD pilot.
Florida’s DeSantis Waging Toothless Campaign Against Digital Dollars, Lawyers Say
The state-level campaign against a U.S. digital dollar made its first foray into established law with Governor Ron DeSantis’ signature on Florida’s effort to block the use of virtual government-backed money in business transactions. But legal experts suggest the state’s effort is nonsensical and potentially harmful for the digital assets sector DeSantis said he’s trying to protect. "The Hash" panel discusses the outlook for Florida's central bank digital currencies (CBDC) "ban."
