Central Bank – Page 7 – Miami Crypto Coin

Israel, Hong Kong complete retail CBDC test emphasizing privacy, inclusivity

Post author:MiamiCrypto
Post published:September 12, 2023
Post category:BIS CBDC Central Bank Hong Kong Israel

The Hong Kong Monetary Authority, Bank of Israel and Bank for International Settlements teamed up to address the complex issues of rCBDCs.

CBDCs will gradually displace private banks, says Russian lawmaker

Post author:MiamiCrypto
Post published:September 6, 2023
Post category:Banks CBDC Central Bank Russia

Some Russian banks have been increasingly concerned about the potential implications of the digital ruble after the first pilots started in August.

Jamaican taxi drivers bullish on accepting Jam-Dex CBDC

Post author:MiamiCrypto
Post published:August 30, 2023
Post category:CBDC Central Bank Jamaica

Jam-Dex would be significantly transformative for the public transportation sector and needs to be embraced, believes Aldo Antonio.

Crypto amplified financial risks in emerging markets: BIS papers

Post author:MiamiCrypto
Post published:August 22, 2023
Post category:BIS Central Bank Cryptocurrencies

The central banks of the United States, Canada, Mexico and Brazil have pointed out the risks of crypto but warned against excessively prohibitive laws.

Colombia central bank recommends limiting CBDC holdings and spending

Post author:MiamiCrypto
Post published:August 17, 2023
Post category:Banks CBDC Central Bank Colombia

Setting limits on CBDC transactions could be beneficial to issues related to user privacy and security, according to the central bank of Colombia.

Canadians have ‘weak incentives’ to use a CBDC: Bank of Canada

Post author:MiamiCrypto
Post published:August 11, 2023
Post category:Bank of Canada Canada CBDC Central Bank central bank digital currency Digital Dollar discussion paper

A central bank discussion paper found that the majority of Canadians have little trouble accessing financial services, which gives them little reason to use a CBDC.