Israel, Hong Kong complete retail CBDC test emphasizing privacy, inclusivity
The Hong Kong Monetary Authority, Bank of Israel and Bank for International Settlements teamed up to address the complex issues of rCBDCs.
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The Hong Kong Monetary Authority, Bank of Israel and Bank for International Settlements teamed up to address the complex issues of rCBDCs.
Michael Barr expressed “strong concern” about stablecoins and appreciation of legislative efforts to address them at the Philadelphia Fed’s fintech event.
Following an August recess, members of the House Financial Services Committee will gather for a “Digital Dollar Dilemma” hearing on Sept. 14.
Mairead McGuinness believes that the CBDC project should be approached “quietly and slowly” by the next European Commission.
Some Russian banks have been increasingly concerned about the potential implications of the digital ruble after the first pilots started in August.
On Sept. 4, Fabio Panetta, ECB Executive Board member at the Committee on Economic and Monetary Affairs of the European Parliament, said the central bank was nearing the end of…
The RLN, which places tokenized assets and liabilities on the same ledger, was tested with simulated cross-border CBDC transactions in a previous project.
Private payment services can gain a monopoly over services with no benefit to other market players or economic stability, ECB board member Fabio Panetta said.
In the short term, the e-commerce platforms can integrate the CBDC through the QR codes.
Ethereum co-founder Vitalik Buterin has sold his remaining MakerDAO, while confidence has remained high for upcoming spot Bitcoin ETF approvals.