CBDC – Page 38 – Miami Crypto Coin

MIT, Maiden Labs examine CBDC inclusiveness issues in report from 4 countries

Post author:MiamiCrypto
Post published:January 13, 2023
Post category:CBDC Unbanked

The report concentrates on real-world research from low- and middle-income countries and untangles questions of inclusiveness, trust and functionality.

BIS economists suggest improving TradFi with CBDC to attract users away from crypto

Post author:MiamiCrypto
Post published:January 12, 2023
Post category:BIS CBDC Cryptocurrencies

The latest Bank of International Settlements bulletin looks at ways to mitigate the risks of crypto assets and suggests traditional finance could get its house in better order too.

Nigeria revisits its payments landscape amid sluggish eNaira adoption

Post author:MiamiCrypto
Post published:January 12, 2023
Post category:CBDC Central Bank ICO Nigeria Stablecoin

The Nigerian central bank has outlined key focus areas for its national payments system in a two-year roadmap leading up to 2025.

China’s central bank includes digital yuan in report on currency circulation

Post author:MiamiCrypto
Post published:January 11, 2023
Post category:Business CBDC Central Bank China Yuan

The 13.61 billion e-CNY represented roughly 0.13% of the 10.47 trillion yuan in circulation at the end of 2022.

City of London, British trade groups form new digital currency advocacy alliance

Post author:MiamiCrypto
Post published:January 11, 2023
Post category:CBDC Cryptocurrencies Stablecoin United Kingdom

The UK capital’s governing body is partnering with the Digital Pound Association and other trade groups to promote good crypto policy and practice and the UK’s position as a global…

Bank of Russia Outlines Payment Models With Digital Ruble, Other CBDCs

Post author:MiamiCrypto
Post published:January 11, 2023
Post category:Bank of Russia C2B CBDC CBDCs CBR Central Bank Crypto crypto payments Cryptocurrencies Cryptocurrency Digital Currencies Digital Currency digital ruble Finance Payments presentation Proposals ruble Russia russian Testing Transactions trials

The Central Bank of Russia has detailed two methods for implementing the digital ruble and other state-backed coins in international settlements. The monetary authority also plans to start testing consumer-to-business…

Russia to begin work on CBDC settlement system in Q1 as sanctions endure: Report

Post author:MiamiCrypto
Post published:January 10, 2023
Post category:Bank of Russia CBDC cbdc development cbdc platform Central Bank central bank digital currency cross border digital ruble Payments Russia Sanctions Settlements

The country’s central bank will begin studying two possible cross-border CBDC settlement models this quarter.

Report: Nigeria to Stop Cash Withdrawals From Government Accounts

Post author:MiamiCrypto
Post published:January 9, 2023
Post category:CBDC central bank digital currency Central Bank of Nigeria (CBN)e-naira Economics Modibbo R. Hamman Tukur Money Laundering Nigeria Payments System Vision 2025 Nigerian Financial Intelligence Unit (NFIU)

From the start of March, Nigerian public officials will be barred from withdrawing cash from government bank accounts, the head of the Nigerian Financial Intelligence Unit reportedly said. Public officials…

Mexico’s digital peso delayed, unclear launch date

Post author:MiamiCrypto
Post published:January 8, 2023
Post category:CBDC Central Bank Mexico

Mexico's central bank is currently working on legal, administrative, and technological requirements for the peso's digital version.

Mexican CBDC Unlikely to Be Ready by 2024

Post author:MiamiCrypto
Post published:January 8, 2023
Post category:Banks banxico BIS CBDC Cryptocurrencies Economics launch date legal tender mexican cbdc mexican government Mexico Victoria Rodríguez Ceja

The Mexican central bank digital currency (CBDC), the digital peso, is unlikely to be ready by 2024, as was announced back in 2021 by the Mexican government. In a statement,…