European Central Bank embraces digital euro
Fabio Panetta of the ECB claims the proposed legislation on the region's digital euro would be beneficial to European citizens while keeping the monetary policy on a tight leash to avoid instability.
Fabio Panetta of the ECB claims the proposed legislation on the region's digital euro would be beneficial to European citizens while keeping the monetary policy on a tight leash to avoid instability.
The National Payments Corporation of India (NPCI) is hiring a Head of Blockchain with blockchain expertise to enhance payments through blockchain technology.
Russia CBDC with programmability features and additional strict protocols may possibly happen as per the State Duma Committee on Financial Markets Chairman Anatoly Aksakov.
Facing technical difficulties and privacy concerns, Brazil's CBDC launch falters following the central bank's indefinite suspension of LIFT Lab, causing a pushback of the pilot to May.
Central banks can build their CBDC systems on top of the Bitcoin blockchain like an overlay network, leveraging Bitcoin’s scalability, stability, and security.
Julian Goddard, a technical product lead at nChain, says the company is building a new product that will change how things work on the sidelines of The Bitcoin Masterclasses #6.
Contrary to what many believe, CBDC cannot change a nation's monetary policy but is merely a currency for transmitting money, be it fiat or a real commodity.
Bank of Spain Deputy Governor Margarita Delgado and EU authorities will spearhead the retail side of digital euro through private payment service providers with possible offerings outside eurozone.
The energy associated with Bitcoin is attributed to the number of transactions verified, so as the system becomes more efficient, the efficiency measurement should be rated as the economic cost.
In this CoinGeek Backstage interview, Ida Tiongson shares the discussions being laid out for the second Philippine Blockchain Week as well as recent updates in the country's digital asset space, and why blockchain is the technology of the future.
The Banco de la Republica points out in its latest macroeconomic 'report the potential risks of CBDCs to user privacy, security, and investors’ interaction with other assets.
As more countries jump on the CBDC bandwagon, experts are now scrutinizing the benefits and pitfalls of this tech and whether it could promote financial inclusion or a ploy to control the market.