Home / Tag Archives: CBDC

Tag Archives: CBDC

Digitaler Franken: Schweizer Nationalbank lässt Marken eintragen

Nationalbankgebäude am Bundesplatz in Bern Foto CC 3.0 by Baikonur, Wikimedia Wie einige Schweizer Medien so salopp nebenbei in kurzen Meldungen berichtenlässt die Schweizer Nationalbank Markennamen registrieren. Und alles deutet auf die Lancierung einer Art Franken Token oder wahrscheinlicher eines digitalen Frankens hin: Die SNB liess vor kurzem ein gutes Dutzend Marken...

Read More »

China’s Blockchain Attempt BSN to Reportedly Integrate CBDCs This Year

China is preparing a consequent major take on blockchain adoption. The country is developing a new project aimed at integrating international central bank digital currencies (CBDC) as a part of their recent blockchain endeavor, the BSN.Building a Universal Digital Payment Network as part of 2021 OutlookThe country’s national blockchain project, Blockchain Service Network (BSN), has featured another task on its way to adopting blockchain network and more standardized forms of digital currency...

Read More »

XLM Exploded by 40% As Ukraine Picks Stellar to Develop Its Digital Asset Infrastructure

The popular blockchain project Stellar has signed a Memorandum of Understanding and Cooperation with the Ministry of Digital Transformation of Ukraine to explore and develop virtual currencies and a CBDC. The native cryptocurrency has reacted with a massive surge by almost 40% a day after the announcement.Stellar And Ukraine To Work On Digital Assets And CBDCThe Stellar Development Foundation (SDF) announced the signing of the contract yesterday. The Memorandum will enable Stellar to work...

Read More »

Germany’s Finance Minister Calls for Accelerated Development of Digital Euro

Germany’s finance minister and noted crypto critic Olaf Scholz wants the European Central Bank (ECB) to move faster with its decision on a potential digital Euro. Scholz is known for espousing anti-cryptocurrency sentiments while encouraging the EU to develop digital currencies to prevent the proliferation of private virtual currencies.Growing Appetite for Digital CurrencyAccording to a report by Reuters published on Nov. 27, Germany’s Federal Minister of Finance, Olaf Scholz, has urged the...

Read More »

US Spy Chief Reportedly Worried About China’s Crypto Dominance

With China making significant strides in crypto and blockchain development, the US Intelligence apparatus is reportedly worried about the US falling far behind its current economic rival.From crypto mining to central bank digital currencies (CBDCs), there is a popular narrative that Beijing controls vast swaths of the emerging digital economic landscape. A dismissal of the value proposition of digital assets has seen the US seemingly far behind the curve in terms of crypto innovation.Crypto...

Read More »

Digitalwährung auf Ethereum-Basis: Australische Zentralbank arbeitet mit ConsenSys zusammen

Die australische Zentralbank entscheidet sich für Ethereum als die Grundlage für die australische Bank Digital Currency. Hierfür arbeitet sie mit der Ethereum-Entwicklungsfirma ConsenSys zusammen. Erste Experimente könnten bereits in den nächsten Monaten durchgeführt werden. Zusammenrarbeit mit ConsenSys Die australische Zentralbank und ConsenSys kooperieren künftig, um eine digitale Währung auf die...

Read More »

Australia’s Reserve Bank Partners With ConsenSys Over An Ethereum-Based CBDC

The Reserve Bank of Australia has partnered with two major local banks and ConsenSys to explore the potential use of Ethereum-based wholesale central bank digital currency. The announcement from Australia’s central bank named the other partners – Commonwealth Bank, National Australia Bank, and the financial services company Perpetual.  The research group will develop a “proof-of-concept (POC) for the issuance of a tokenized form of CBDC that can be used by wholesale market...

Read More »

BOJ Official: Japan’s Central Bank Can’t Launch A CBDC Without Public Support

More than a week ago, Japan’s central bank announced that it would begin testing its digital currency next year. This is coming a few months after the bank formed a new research team to accelerate its research on the feasibility of a digital currency in the country. BOJ Needs Public Support More reports surfaced that Japan has no immediate plans to launch a digital currency. However, a senior BOJ official in charge of looking into the possibility of launching a CBDC made a...

Read More »

Analysis: Are CBDCs a Threat For Bitcoin or The Opposite?

Ever since Facebook announced its plans to create a digital payment currency dubbed Libra, central bankers have tried to counter it with an invention of their own. While Libra is facing regulatory troubles, a BIS report indicated that over 80% of the world’s central banks are currently developing a central bank digital currency (CBDC). The idea and purpose of a CBDC are fundamentally different than everything Bitcoin stands for. As such, the community has been speculating on...

Read More »

Central Bank of Spain To Prioritize the Design and Study of a CBDC

The Central Bank of Spain published its Strategic Plan for 2020-2024, describing the objectives and strategies it will follow to boost its economy and adapt the country’s finances to the requirements of the modern era, and a CBDC is one of its priorities. The digital world is stealing the attention of the Spaniards. In its “Analysis and research priorities for the Banco de España: 2020-2024“, the Central Bank said it will prioritize the study of the legal, technological and...

Read More »