Browsing Tag
CBDC
215 posts
CBDCs explained: How could they impact global finance
Central bank digital currencies (CBDCs) are increasingly becoming the forefront of financial discussions. As of 2023, about 130…
CBDCs can restrict citizens’ spending, economist warns
US economics professor Eswar Prasad has said that governments can program central bank digital currencies (CBDCs) to restrict…
Brazil’s CBDC pilot code reveals ability to freeze and reduce funds
Blockchain developer Pedro Magalhães claims that he has successfully reverse-engineered the source code of Brazil’s pilot central bank…
Ripple Labs to tokenize the multi-billion dollar real estate industry
Ripple Labs plans to transform the real estate industry through tokenization on their CBDC platform
New York Federal Reserve, major U.S. banks successfully complete private test using DLT
The New York Federal Reserve and several large U.S. banks have successfully conducted an experiment using distributed ledger…
Jinan pioneers Chinese CBDC use in transportation with digital yuan bus payments
Jinan, the capital of Shandong Province in eastern China, has taken a proactive stance in promoting the use…
SNB prepares for launch of digital currency pilot program
The Swiss National Bank (SNB) is set to introduce a Central Bank Digital Currency (CBDC) for wholesale payments…
IMF aims to unify CBDCs with global platform
International Monetary Fund (IMF) managing director Kristalina Georgieva revealed that the IMF is actively developing a platform dedicated…
Bank of England’s Project Rosalind results out, digital pound plans in progress
Bank of England’s Project Rosalind, in collaboration with the Bank for International Settlements (BIS), has brought the debut…
Ripple works with Colombia’s central bank for CBDC development
Ripple is pressing forward by partnering with Banco de la República, Colombia’s central bank, to probe the potential…