CBDCs
BofA: Don’t Tarnish Blockchain Technology With Speculative Crypto Trading
The development of applications leveraging distributed ledger and blockchain technology continues to advance, the bank's report said.
Big Banks, NY Fed Start to Test Digital Tokens for 'Wholesale' Transactions
Citigroup, HSBC, BNY Mellon, Wells Fargo and Mastercard, are among the financial giants taking part.
The Future of Money
Host Joel Flynn discusses how CBDCs will actually change our life. That story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."
Needham's John Todaro Says USDC Is ‘Exciting’ for the Long Term and Will Benefit Coinbase
The vice president at the investment and asset management firm discusses whether the stablecoin could become the “de facto” U.S. central bank digital currency.
CBDCs Could Reduce FX Transaction Speeds to 10 Seconds, NY Fed Says
The New York Fed simulated foreign exchange transactions using a distributed ledger to test for improvements over the current system.
Canada Announces Crypto, Stablecoin Consultation in New Budget Statement
Federal government plans to examine crypto, which it said is "transforming financial systems" around the world.
France, Switzerland, Singapore to Test DeFi in Forex Markets
The countries' central banks started Project Mariana because they think decentralization could be the future of finance.
Qué es y cómo funciona una moneda digital emitida por un banco central
Una CBDC es una moneda digital emitida por un banco central. En otras palabras, es un tipo de dinero con el que los gobiernos están experimentando y que suele tener tecnología blockchain como núcleo.
BIS Report Finds CBDCs Useful in Foreign Exchange Transactions
The Bank for International Settlements (BIS) revealed in a report that CBDCs come in handy for foreign exchange transfers as they saw 20 different commercial banks conduct over 160 payments worth around a total of $22 million. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the ongoing Project mBridge and what it means for CBDC adoptions around the world.
