CBDC – Page 91 – Miami Crypto Coin

Law Decoded: Infrastructure woes and benevolent punishments, Sept. 27–Oct. 3

Post author:MiamiCrypto
Post published:October 4, 2021
Post category:BIS Bitcoin Regulation CBDC cftc Congress SEC Stablecoin US government USA

As House Democrats grapple over the infrastructure bill, the Biden administration and Federal Reserve eye stablecoin regulation.

Hong Kong exploring CBDC as part of fintech strategy

Post author:MiamiCrypto
Post published:October 4, 2021
Post category:CBDC eHKD Hong Kong CBDC Multiple CBDC Bridge Project LionRock

A new study from Hong Kong regulators is expected to present initial thoughts and findings on CBDCs during the summer of 2022.

Venezuela Slashes Six Zeroes off Its Currency, Bolivar Keeps Losing Ground Against the Dollar

Post author:MiamiCrypto
Post published:October 4, 2021
Post category:Bolivar CBDC Cryptocurrency Devaluation digital bolivar Economics Latin America Maduro Venezuela

The Central Bank Of Venezuela applied the announced redenomination plan for the national fiat currency, the bolivar on October 1. This redenomination implied slashing six zeroes from the currency, to…

Laos to Study Digital Currency With Help From Japanese Fintech, Report Reveals

Post author:MiamiCrypto
Post published:October 3, 2021
Post category:Bakong Blockchain Cambodia CBDC Central Bank China Company currency Digital Currency Digital Yuan e-CNY fiat currency Fintech Firm Japan japanese laos Laotian Laotian kip memorandum News Partnership Payments pilot private ledger project Ripple Soramitsu startup study Test Transactions Trial

The central bank of Laos intends to explore issuing its own digital currency, according to a media report that provided details on the plan. A study on the matter will…

Money in 2030: A future where DeFi and CBDCs can work together

Post author:MiamiCrypto
Post published:October 3, 2021
Post category:CBDC Cryptocurrencies Future of Money

In coexistence with mutual benefits, decentralized finance and central bank digital currencies will finally make money universally available worldwide.

Federal High Court of Nigeria approves eNaira CBDC rollout

Post author:MiamiCrypto
Post published:October 3, 2021
Post category:CBDC Court Cryptocurrencies Nigeria

eNaira will continue to circulate alongside its fiat counterpart, however, promising a faster, cheaper, and more secure option for monetary transactions.

IMF recommends CBDC and global crypto standards for financial stability

Post author:MiamiCrypto
Post published:October 3, 2021
Post category:CBDC Cryptocurrencies Government IMF

The fresh policies recommended by the IMF aim to curb down the financial risks associated with global crypto adoption.

Federal Reserve Chairman Powell Says No Intention to Ban or Limit Use of Cryptocurrencies

Post author:MiamiCrypto
Post published:October 2, 2021
Post category:ban bitcoin ban crypto Ban Cryptocurrencies CBDC central bank digital currencies China Crypto regulation Fed Chair Jerome Powell Federal Reserve Chairman Regulation stablecoin regulation Stablecoins

Federal Reserve Chairman Jerome Powell confirmed during a hearing before the House Financial Services Committee that he has no intention to ban or limit the use of cryptocurrencies. He also…

Nigeria CBDC Countdown: Central Bank Delays E-Naira Rollout

Post author:MiamiCrypto
Post published:October 2, 2021
Post category:Bitt Inc CBDC Central Bank of Nigeria Digital Currency e-naira Emerging Markets Financial Institutions peer-to-peer transfers Trademark infringement unbanked population

A spokesperson for the Central Bank of Nigeria (CBN), Osita Nwanisobi, has said the launch of the much-hyped e-naira central bank digital currency (CBDC) has now been postponed to a…

Brazil Stock Exchange wants to provide oracles for digital real

Post author:MiamiCrypto
Post published:October 1, 2021
Post category:Brazil CBDC Central Bank Cryptocurrencies ETF

“We are looking at it and evaluating the best ways to interact and participate in this ecosystem,” a B3 exec said.