CBDC

US Anti-CBDC bill moves a step closer to passing

CBDC, Congress /

US Anti-CBDC bill moves a step closer to passing 21/09/2023 at 12:02 By Cointelegraph By David Attlee The “CBDC Anti-Surveillance State Act,” aimed at preventing the Federal Reserve from issuing a central bank digital currency, has passed the House Financial Services Committee. This article is an excerpt from Cointelegraph.com News View Original Source React to […]

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International financial group finds gaps in digital euro legislative package

CBDC, Euro, Europe, European Union /

International financial group finds gaps in digital euro legislative package 21/09/2023 at 01:02 By Cointelegraph By Derek Andersen The Institute of International Finance looked at seven areas where digital euro legislation, which is being developed alongside the technology, is lacking. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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US Democrats speak up for CBDC global leadership, Republicans fear ‘dark side’

CBDC, legislation, United States /

US Democrats speak up for CBDC global leadership, Republicans fear ‘dark side’ 20/09/2023 at 23:02 By Cointelegraph By Derek Andersen Despite approaching the issue from vastly different angles, the two sides were able to agree on a few basics before the committee recessed. This article is an excerpt from Cointelegraph.com News View Original Source React

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Kazakhstan establishes regulatory agency to implement CBDC

CBDC, Kazakhstan /

Kazakhstan establishes regulatory agency to implement CBDC 18/09/2023 at 12:02 By Cointelegraph By David Attlee The National Payment Corporation will be responsible for the development of “digital financial infrastructure,” including the implementation of the digital tenge. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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US lawmakers advance legislation blocking the digital dollar

CBDC, Digital Dollar, United States /

US lawmakers advance legislation blocking the digital dollar 17/09/2023 at 20:02 By Cointelegraph By Ana Paula Pereira On Sep. 20 the House Financial Services Committee will mark up two bills blocking a potential digital dollar in the United States. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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House Financial Services Comm. witnesses air multiple anti-CBDC arguments

CBDC, Congress, Financial Services, United States /

House Financial Services Comm. witnesses air multiple anti-CBDC arguments 14/09/2023 at 22:02 By Cointelegraph By Derek Andersen The digital assets subcommittee heard from five opponents of a U.S. CBDC while giving supporters very little time. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Wyoming stablecoin: Are state digital currencies even possible?

CBDC, Cryptocurrencies, Government, law, United States, US Government, USA, Wyoming /

Wyoming stablecoin: Are state digital currencies even possible? 14/09/2023 at 16:04 By Cointelegraph By David Attlee The Stable Token Commission continues researching the potential implementation of stable tokens in Wyoming. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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SWIFT enrolls 3 central banks in CBDC interoperability beta test, expands sandbox

CBDC, Swift /

SWIFT enrolls 3 central banks in CBDC interoperability beta test, expands sandbox 14/09/2023 at 01:02 By Cointelegraph By Derek Andersen The bank messaging network has seen a dramatic increase in processing speed and is developing technology to connect CBDCs. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Rep. Tom Emmer reintroduces anti-CBDC bill to Congress

CBDC, Central Bank, Congress, federal reserve, Tom Emmer /

Rep. Tom Emmer reintroduces anti-CBDC bill to Congress 13/09/2023 at 08:02 By Cointelegraph By Martin Young The bill would limit the Fed from issuing a CBDC which Tom Emmer called a surveillance tool that would “undermine the American way of life.” This article is an excerpt from Cointelegraph.com News View Original Source React to this

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

BIS, CBDC, Central Bank, Hong Kong, Israel /

Israel, Hong Kong complete retail CBDC test emphasizing privacy, inclusivity 13/09/2023 at 01:02 By Cointelegraph By Derek Andersen The Hong Kong Monetary Authority, Bank of Israel and Bank for International Settlements teamed up to address the complex issues of rCBDCs. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Fed Vice Chair Barr gives update on CBDC research, plugs stablecoin legislation

CBDC, federal reserve, legislation, Stablecoin /

Fed Vice Chair Barr gives update on CBDC research, plugs stablecoin legislation 08/09/2023 at 23:02 By Cointelegraph By Derek Andersen Michael Barr expressed “strong concern” about stablecoins and appreciation of legislative efforts to address them at the Philadelphia Fed’s fintech event. This article is an excerpt from Cointelegraph.com News View Original Source React to this

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House committee will reopen discussions on digital dollar in Sept. 14 hearing

CBDC, Digital Dollar, Government, regulation, United States /

House committee will reopen discussions on digital dollar in Sept. 14 hearing 07/09/2023 at 23:03 By Cointelegraph By Turner Wright Following an August recess, members of the House Financial Services Committee will gather for a “Digital Dollar Dilemma” hearing on Sept. 14. This article is an excerpt from Cointelegraph.com News View Original Source React to

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EU financial chief: Don’t rush digital euro before new EU Comission in June 2024

CBDC, Europe, European Union /

EU financial chief: Don’t rush digital euro before new EU Comission in June 2024 07/09/2023 at 12:02 By Cointelegraph By David Attlee Mairead McGuinness believes that the CBDC project should be approached “quietly and slowly” by the next EU Commission. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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CBDCs will gradually displace private banks, says Russian lawmaker

Banks, CBDC, Central Bank, Russia /

CBDCs will gradually displace private banks, says Russian lawmaker 06/09/2023 at 12:01 By Cointelegraph By Helen Partz Some Russian banks have been increasingly concerned about the potential implications of the digital ruble after the first pilots started in August. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Regulated Liability Network identifies proof-of-concept case with digital pound

CBDC, security, Tokens /

Regulated Liability Network identifies proof-of-concept case with digital pound 05/09/2023 at 23:02 By Cointelegraph By Derek Andersen The RLN, which places tokenized assets and liabilities on the same ledger, was tested with simulated cross-border CBDC transactions in a previous project. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Digital euro can ward off a host of private payment service ills: ECB official

CBDC, ECB, Euro, Europe /

Digital euro can ward off a host of private payment service ills: ECB official 05/09/2023 at 01:02 By Cointelegraph By Derek Andersen Private payment services can gain a monopoly with no benefit to other market players or economic stability, ECB board member Fabio Panetta said. This article is an excerpt from Cointelegraph.com News View Original

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Digital rupee gets big usability boost through Yes Bank integration with UPI

CBDC, India, RBI, Reserve Bank of India /

Digital rupee gets big usability boost through Yes Bank integration with UPI 02/09/2023 at 01:02 By Cointelegraph By Derek Andersen Yes Bank’s app UPI integration is the first for the Indian retail CBDC, which has seen a variety of projects since its pilot launch since December. This article is an excerpt from Cointelegraph.com News View

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IBM offers guidance for successful implementation of digital euro

CBDC, Digital Currency, Europe, European Union /

IBM offers guidance for successful implementation of digital euro 01/09/2023 at 01:04 By Cointelegraph By Derek Andersen Five members of IBM Consulting created a list of points that the European Commission could consider to optimize its proposed digital euro legislation. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Jamaican taxi drivers bullish on accepting Jam-Dex CBDC

CBDC, Central Bank, Jamaica /

Jamaican taxi drivers bullish on accepting Jam-Dex CBDC 30/08/2023 at 13:02 By Cointelegraph By Arijit Sarkar Jam-Dex would be significantly transformative for the public transportation sector and needs to be embraced, believes Aldo Antonio. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Only 17% of Russians would agree to store more than $200 in CBDC

Bank of Russia, CBDC, Russia /

Only 17% of Russians would agree to store more than $200 in CBDC 25/08/2023 at 14:32 By Cointelegraph By David Attlee The most common hindrances cited include insufficient information about the technology (22%) and concerns about cybertheft and system failures (21%). This article is an excerpt from Cointelegraph.com News View Original Source React to this

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