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Search Results for: central bank digital currency

CBDCs key to maintaining monetary system in digital age: ECB research
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22 August, 2022

CBDCs key to maintaining monetary system in digital age: ECB research

Despite disadvantages, consumers are willing to adopt CBDCs in exchange for small rewards, according to an ECB paper, which also...
China: Bank testing e-CNY smart contract-enabled school fee payment in Sichuan
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21 August, 2022

China: Bank testing e-CNY smart contract-enabled school fee payment in Sichuan

The product is coming first to the city of Chengdu and will be developed by the Digital Research Institute, the...
Federal Reserve issues guidance for banks seeking digital assets-related initiatives
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20 August, 2022

Federal Reserve issues guidance for banks seeking digital assets-related initiatives

All banking institutions in the United States will now be required to disclose to the Federal Reserve any intent to...
Neobank unicorn Revolut to offer digital assets across Europe
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19 August, 2022

Neobank unicorn Revolut to offer digital assets across Europe

Revolut received the license from the Cyprus securities watchdog and can now serve 30 countries in Europe amid a hiring...
UnionBank of the Philippines begins testing digital assets transactions on its mobile app
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18 August, 2022

UnionBank of the Philippines begins testing digital assets transactions on its mobile app

Through the new digital asset feature, customers can now directly purchase and sell Bitcoin from the bank's app without needing...
India’s Bitbns exchange says delay in INR withdrawals due to blocked bank account
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18 August, 2022

India’s Bitbns exchange says delay in INR withdrawals due to blocked bank account

In a blog post, Bitbns' CEO Gaurav Dahake said that exchanges have been forced to operate with bank accounts since...
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