Browsing Tag
CBDC
177 posts
BRICS: CBDC Alternative to Swift Headed by China, UAE
Amid the BRICS bloc’s enhanced de-dollarization efforts, the alliance could be set to embrace a central bank digital…
Fed Governor Bowman Says No Compelling Case for CBDC, Cites Risks
US Federal Reserve Governor Michelle Bowman expressed uncertainty over the need for a central bank digital currency (CBDC)…
US Dollar To Become CBDC & Challenge BRICS De-Dollarization Efforts?
Around 98% of the world is looking to launch a Central Bank Digital Currency (CBDC) ushering into a…
Australia’s Central Bank Warms to Digital Currency as the Future of Money
In a significant speech, the Reserve Bank of Australia signaled an openness to central bank digital currencies (CBDCs)…
India’s Central Bank Begins CBDC Pilot For Call Money Market
India’s central bank, the Reserve Bank of India (RBI), has begun testing its CBDC (Central Bank Digital Currency)…
Mastercard Completes Trial Wrapping CBDCs on Different Blockchains
Payments giant Mastercard recently concluded a trial demonstrating the viability of wrapping central bank digital currencies (CBDCs) on…
Swiss Central Bank Utilizing Ripple’s XRP?
The Swiss Central Bank recently announced at the Sibos 2023 conference in Toronto about using live transaction payments…
China Debuts CBDC Linkage With Hong Kong Payment System
China’s digital yuan CBDC (Central Bank Digital Currency) is now interconnected with the Hong Kong payment system. The…
BIS Says DeFi Could Bring ‘New Generation’ To Finance Market
The Bank of International Settlements (BIS) has concluded its CBDC pilot and said that decentralized finance (DeFi) elements…
France, Singapore, Switzerland’s CBDC Experiment Achieves Success
Central Bank Digital Currencies [CBDCs] have emerged as a significant advancement in the realm of financial technology. This…