Browsing Tag
CBDCs
33 posts
Swiss central bank believes retail CBDCs could destabilize financial system
Swiss National Bank (SNB) Chairman Thomas Jordan said the central bank “sees no need” to issue a central…
Fed chair Powell confirms regulator has no plans to recommend, adopt CBDCs
US Federal Reserve Chair Jerome Powell told lawmakers that the regulator remains far from adopting or even recommending…
Philippines to launch CBDC within 2 years to counter rising crypto use
The Philippines central bank, or Bangko Sentral ng Pilipinas, is preparing to launch a Central Bank Digital Currency…
What Is Ripple?
Ripple, one of the financially strongest companies in the entire crypto sector, blends traditional banking and finance with…
Trump calls CDBCs “very dangerous” and labels the power of AI “scary”
Former President Donald Trump expressed significant concerns about central bank digital currencies (CBDCs) and advancements in artificial intelligence…
UK government treads carefully on digital pound, prioritizing privacy and cash access
The U.K. government said it is proceeding cautiously with the design phase of its central bank digital currency…
Korean central bank governor urges CBDC development to compete with stablecoins
Bank of Korea Governor Chang-yong Rhee warned that the rise of stablecoins could pose a significant threat to…
UK lawmakers wary of launching retail CBDC due to privacy, financial stability concerns
The U.K. Parliamentary Treasury Committee issued a stern warning about the development of a retail central bank digital…
South Korean central bank to launch CBDC pilot in 2024
The Bank of Korea (BOK) has unveiled plans for a pilot program to test its new central bank…
Mastercard’s successful CBDC wrapping trial for NFTs
The trial involved wrapping CBDCs for use in purchasing NFTs on blockchains. Mastercard’s Multi Token Network played a…
