FinTech
Brazil, India Join CDBC Race: Will Start Pilot Projects in 2022
India and Brazil are preparing for upcoming CBDC pilot projects as more countries explore a central bank digital currency project.
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45
News
Central Bank Digital Currency (CBDC)
Section
Central Bank Digital Currency (CBDC)
Policy
France’s Central Bank Governor Reveals Use-Cases of CBDC Including Tokenized Bonds
The Banque de France plans to improving the CBDC's liquidity management in DeFi and launch blockchain-powered tokenized bonds.
Crypto
Australia’s Central Bank to Explore Use Cases for CBDC
The Central Bank of Australia is launching a one-year research project to explore use cases and business models of a central bank digital currency (CBDC).
Crypto
China Will Airdrop $13.5M of eCNY to Stimulate Economic Demand After Lockdown
China will give out over $13.51 million to residents of various areas in an attempt to boost local consumption.
Crypto
SWIFT Could Use CBDCs to Improve Cross-Border Payments
SWIFT is exploring interlinking multiple CBDC networks for faster and cheaper cross-border transactions.
Crypto
Multi-CBDC Platform Could be the New International Settlement Standard
An multi-CBDC platform could offer faster, cheaper, and more secure international settlements according to the Bank of International Settlements (BIS).
Crypto
Minimum Wage in Venezuela Now Pegged to 50% of Controversial CBDC’s Value
Venezuela's "national cryptocurrency" Petro is entirely centralized and has never been proven to be backed by the country's natural resources as claimed.
Crypto
Myanmar’s Military Junta Explores Cryptocurrency as its Economy Shrinks
Myanmar’s ruling government seeks to create its own digital currency after issuing a blanket ban on cryptocurrency.
Personal Finance
Nigeria Planting Agents on P2P Trading Platforms In Crypto Crackdown
With banks banned from making crypto transactions, some believe peer-to-peer platforms have been infiltrated.
Crypto
BIS Report: CBDCs Could Make Nationwide “Bank Runs” Easier
A report by the BIS claims CBDCs could spur digital bank runs, which would be considerably more dangerous than fiat runs.
Crypto
Can Stablecoins Survive a World With CBDCs?
As of H1 2021, stablecoins - USDT, USDC, and others - made an impressive transaction volume of nearly $3 trillion.
Crypto
China to Expand CBDCs to Hong Kong in Possible Power Grab
Hong Kong regulators have released an outline detailing findings on the architecture and design options for its CBDC.
Crypto
HSBC Praises CBDCs and Outlines How They Can Benefit Banks
HSBC praised CBDCs as the new form of digital money that can spur economic growth. Are banks trying to hijack blockchain for their own gain?