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Category: CBDC (central bank digital currency)

Report: Bank Of Central African States Is Reportedly Planning On Releasing A CBDC
CBDC (central bank digital currency) Crypto News 

Report: Bank Of Central African States Is Reportedly Planning On Releasing A CBDC

July 28, 2022 by Jay Howell

The Bank of Central African States (also known as Banque des États de l’Afrique) – the entity responsible for serving the Republic of Congo, Equatorial Guinea, Gabon, Chad, the Central African Republic, as well as Cameroon – could be nearer to launching…

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India’s RBI Proposes A Graded Approach In a Bid To Introduce A Central Bank Digital Currency
CBDC (central bank digital currency) Crypto News 

India’s RBI Proposes A Graded Approach In a Bid To Introduce A Central Bank Digital Currency

July 3, 2022 by Jay Howell

The RBI (Reserve Bank of India), while further remarking on the decision of the authorities to launch an in-house CBDC (central bank digital currency) in 2022-23, suggested a 3-step strategy to introduce a CBDC with no or little disruption caused to the…

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ECB Official Says Digital Euro Is Likely To Come By 2026
CBDC (central bank digital currency) Crypto News 

ECB Official Says Digital Euro Is Likely To Come By 2026

May 26, 2022May 26, 2022 by Jay Howell

According to a statement from the European Central Bank, the development of the Digital Euro is expected to be initiated by next year, with the expected launch time to be in around 4 years. Digital Euro Coming Soon An executive from the…

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Central Bank Of Israel Is Still Unable To Decide Whether To Develop a CBDC Or Not
CBDC (central bank digital currency) Crypto News 

Central Bank Of Israel Is Still Unable To Decide Whether To Develop a CBDC Or Not

May 17, 2022May 17, 2022 by Jay Howell

Research organized on the behalf of the BIS (Bank of International Settlements) brings to the front that 9 of the cumulative 10 central banks are at present operating on a project of CBDC. The BIS has not yet determined whether to manufacture…

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Bank Of England To Roll Out A CBDC Research Project With MIT
CBDC (central bank digital currency) Crypto News 

Bank Of England To Roll Out A CBDC Research Project With MIT

April 1, 2022 by Jay Howell

The central bank of England declared on Friday to have had made a contract with the DCI (Digital Currency Initiative) of Massachusetts Institute of Technology (MIT) Media Lab on a mutual twelve-month long research project over CBDC (central bank digital currency). The…

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Central Bank Of Qatar Is Considering the Possibility Of Launching A CBDC
CBDC (central bank digital currency) Crypto News 

Central Bank Of Qatar Is Considering the Possibility Of Launching A CBDC

March 22, 2022March 22, 2022 by Jay Howell

The QCB (Qatar Central Bank) is reportedly examining the chances for the launch of a digital currency along with the provision of digital licenses. As per Alanood Abdullah Al Mufah – the fintech section’s head at the QCB – a direction is…

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Deloitte Study Says Bitcoin Can Help Governments Develop Cheaper Central Bank Digital Currencies
Bitcoin News CBDC (central bank digital currency) Crypto News 

Deloitte Study Says Bitcoin Can Help Governments Develop Cheaper Central Bank Digital Currencies

March 20, 2022March 20, 2022 by Jay Howell

A unique study has been carried out on the behalf of Deloitte, bringing out the capability of (BTC) Bitcoin to be a base for the manufacturing economic rapid, and relatively secure structure for a CBDC (central bank digital currency) or digital fiat…

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Local Crypto Community Criticizes Bank Of Jamaica’s Proposed CBDC Logo And Name
CBDC (central bank digital currency) Crypto News 

Local Crypto Community Criticizes Bank Of Jamaica’s Proposed CBDC Logo And Name

March 9, 2022 by Jay Howell

The Jamaican central bank disclosed the title of its forthcoming CBDC (central bank digital currency), just to attract severe criticism on the behalf of the native crypto community. The central bank declared through Twitter to have had selected the title “Jam-Dex” as…

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ODL Can Act As A Neutral Bridge Between CBDCs Says Ripple’s APAC Policy Director
CBDC (central bank digital currency) Crypto News Ripple News 

ODL Can Act As A Neutral Bridge Between CBDCs Says Ripple’s APAC Policy Director

March 2, 2022March 2, 2022 by Jay Howell

APAC Policy Director of Ripple, Rahul Advani, while appearing in an interview recently, discussed the ODL (On-Demand Liquidity) service of RippleNet, which is run by XRP (the native digital asset of the exchange). Advani made these remarks in an interview conducted by…

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European Union Plans To Propose Digital Euro Bill Next Year
CBDC (central bank digital currency) Crypto News 

European Union Plans To Propose Digital Euro Bill Next Year

February 28, 2022February 28, 2022 by Jay Howell

The European Union is ready to offer a digital euro bill at 2023’s start, according to a report by Politico. An open consultation centered around the digital euro’s utilization will additionally be initiated in the upcoming month. On 9th February, it was…

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