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Central Bank Digital Currencies (CBDCs) are slowly becoming a reality. The initial hype may have faded, but to crypto advocates’ disdain, these digitized versions of legal tenders appear to be…
Ripple announced collaborating with Colombia’s central bank – Banco de la República – to explore blockchain technology use cases. The objective is to evaluate the potential efficiencies of a solution…
The project, delayed from last year, will enlist bank employees and nearby businesses for the pilot. Each payment provider has launched its own app.
The central bank released its statement in response to comments on a CBDC discussion paper published in February 2022.
With 11 megalopolises and three currencies, Guangdong, Hong Kong and Macao make up a region that is ripe for CBDC research.
The European Central Bank exercise looked at a variety of use cases, most of which were quite satisfactory, as well as the use of self-custodied wallets.
Ramping up its CBDC game, Ripple announced the launch of a new platform for central banks, governments, and financial institutions to issue their own central bank digital currency. Dubbed ‘Ripple…
The world’s second-ever CBDC has yet to reach 1% of Nigeria’s population, according to the IMF assessment.
The Hong Kong Monetary Authority is looking at retail CBDC use cases, such as the equity release of tokenized real estate assets with Ripple’s new CBDC product.
When asked about CBDCs during a conference on transportation, Kashkari had a response on the tip of his tongue, and it wasn’t encouraging for CBDC fans.