Tag Archives: CBDC

On June 25, the ECB published an update on its two-year preparation phase for the digital Euro CBDC that ends in October 2025. The central bank said that privacy and data protection are its top priorities, but there are a number of disturbing features to the currency that would result in the total opposite. On June 26, crypto entrepreneur and investor Daniel Batten highlighted a few of them. JUST IN: ECB announce first progress report on the digital Euro Features:– easier to...

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CoinspeakerSouth Korea to Invest $14.5M in Blockchain Technology to Enhance Public and Private Sector Services Six projects are being proposed for the public sector, including the development of a CBDC-based digital voucher management platform by the Bank of Korea. South Korea to Invest $14.5M in Blockchain Technology to Enhance Public and Private Sector Services

CoinspeakerRipple Collaborates with 10 Governments to Develop CBDCs amid Ongoing SEC Dispute Ripple's increasing influence is evident as 80% of Japanese banks have partnered with the company for blockchain-based payment solutions. Ripple Collaborates with 10 Governments to Develop CBDCs amid Ongoing SEC Dispute

CoinspeakerMore than 90% of BIS Members Considering Issuing CBDC The latest report from the Bank for International Settlements (BIS) revealed that 94 percent of 86 central banks are considering a CBDC soon. More than 90% of BIS Members Considering Issuing CBDC

The United States House of Representatives voted on Thursday in favor of barring the Federal Reserve from directly issuing a Central Bank Digital Currency (CBDC) to its citizens. The CBDC Anti-Surveillance State Act bill garnered support from 213 Republicans and 3 Democrats, making the final tally 262 ‘yea’ to 192 ‘nay’. Republicans Pass Another Crypto Bill The bill, introduced by pro-crypto Rep. Tom Emmer (R-MN), marks the third crypto-focused legislation approved by...

CoinspeakerBrazil Central Bank Plans Multi-Phased Crypto Regulations by Year’s End The Banco Central do Brasil (BCB) acknowledges the complexity of regulating the diverse crypto sector. Brazil Central Bank Plans Multi-Phased Crypto Regulations by Year’s End

CoinspeakerHong Kong Forms Working Group to Support Tokenization, CBDC Interoperability The Archite­cture Community aims to enhance interoperability between wCBDC and tokenized assets, where wCBDC acts as a digital bridge to facilitate smooth interbank settlements for tokenized assets. Hong Kong Forms Working Group to Support Tokenization, CBDC Interoperability

CoinspeakerPatex Blockchain Ecosystem Expands Global Reach, Launches Native Token on Multiple CEX and DEX Platforms Patex has launched its PATEX token on CEXs and DEXs for interested users and traders to enjoy several perks and advantages in the ecosystem. Patex Blockchain Ecosystem Expands Global Reach, Launches Native Token on Multiple CEX and DEX Platforms