German politician trying hard to sell parliament on BTC
Bundestag's Joana Cotar argues that BTC is a better alternative to cash than a CBDC, citing the possibility of regulators to heavily monitor the digital euro and misuse data.
Bundestag's Joana Cotar argues that BTC is a better alternative to cash than a CBDC, citing the possibility of regulators to heavily monitor the digital euro and misuse data.
Wholesale CBDCs don’t have the many complexities, risks, and complications of retail CBDCs and should launch in a few years, according to Bank for International Settlements General Manager Agustin Carstens.
After the successful pilot, the Reserve Bank of India may launch a full-scale wholesale central bank digital currency in January 2024 for possible small and medium enterprises use cases.
Shenzhen, aiming for a widespread digital yuan adoption, Shas unveiled an industrial park housing various financial institutions that will serve as the key to facilitating payment solutions using e-CNY.
The pilot, dubbed Helvetia Phase III, builds upon two previous studies with collaborations from the Bank for International Settlements and the SIX Digital Exchange.
The guide, which is a part of Project Polaris, remarked that launching offline CBDCs will require a tailor-made approach, given the distinct nature of payments in different jurisdictions.
Project mBridge is inching forward to launching an MVP in 2024, and to achieve this, the Bank for International Settlements is exploring functionalities like platform statistics, queue management, and aligning with the CPMI frameworks.
Wrapping up its e-HKD pilot, Hong Kong's central bank said programmability, tokenization, and atomic settlement are the key areas that local businesses and consumers would greatly benefit from.
China's digital yuan makes its mark in a landmark crude oil transaction, underscoring its growing significance in cross-border trade and international finance.
With cashbacks and reward points, the Reserve Bank of India and other participating banks are hoping for a higher digital currency transactions.
Hong Kong has established an expert group for central bank digital currency comprised of academics who will focus on research, privacy tech, and interoperability, adopting a gradual approach.
In this CoinGeek Backstage episode, nChain researchers Luigi Lunardon and Federico Barbacovi share insights on how CBDCs are poised for innovative applications beyond payments, including digital collectibles.