Central Bank

Europe Is Going to Trial CBDC with Lithuania at the Forefront
Jul 06, 2020 at 10:18
News
Europe Is Going to Trial CBDC with Lithuania at the Forefront
Amidst rapid digitization of the world, central banks are making efforts to keep pace. Nevertheless, while Asian countries such as China have been actively developing its Central BankDigital Currencies, Europe has been cautiously exploring it. But now it seems the continent will see its first CBDC as soon as this week.
Bank of Thailand Plans to Create Digital Currency Prototype for Corporate Sector
Jun 20, 2020 at 11:01
News
Bank of Thailand Plans to Create Digital Currency Prototype for Corporate Sector
The Central Bank of Thailand (BoT) is creating a CBDC prototype called Project Inthanon for the business and corporate sectors.
CBDC May Threaten Commercial Bank Existence, Fed Report Shows
Jun 11, 2020 at 10:14
News
CBDC May Threaten Commercial Bank Existence, Fed Report Shows
It has been argued that central bank digital currencies (CBDC) could threaten the existence of commercial banks by eliminating deposits that are the source of loans.
Blockchain Dominates Hong Kong's FinTech Sector in 2019
Jun 10, 2020 at 08:21
News
Blockchain Dominates Hong Kong's FinTech Sector in 2019
A new report by Financial Services and the Treasury Bureau has revealed that Blockchain has grown more and faster than any other technologies in Hong Kong’s fintech ecosystem in the financial year 2019, with most of its applications directed towards enterprise solutions and cryptocurrency trading platforms.
US Research Consortium Releases Roadmap to "Digital Dollar" Launch
Jun 01, 2020 at 13:47
News
US Research Consortium Releases Roadmap to "Digital Dollar" Launch
A research conglomerate involving The Digital Dollar Foundation and Accenture has released a whitepaper clearly outlining how the US Government could smoothly roll out its Central Bank Digital Currency (CBDC), the digital dollar.
IMF Official Wants Private Companies and Central Banks to Jointly Promote Digital Currencies
May 30, 2020 at 10:25
News
IMF Official Wants Private Companies and Central Banks to Jointly Promote Digital Currencies
A bureaucrat at the International Monetary Fund (IMF), an organization working to strengthen worldwide financial cooperation, proposed a way for the central bank (CB) and private companies to jointly operate the CBDC.
Lithuanian Central Bank Tests Blockchain Sandbox for Non-Financial Sector
May 29, 2020 at 13:11
News
Lithuanian Central Bank Tests Blockchain Sandbox for Non-Financial Sector
The Bank of Lithuania (BoL) is working on the development of a blockchain platform to support the non-financial sector. As per the report by Europe World News, the BoL unveiled that it has successfully completed the blockchain-powered sandbox ‘LBChain’ initiative.
China’s Digital Yuan Has No Official Launch Date, Though in Progress
May 28, 2020 at 11:29
News
China’s Digital Yuan Has No Official Launch Date, Though in Progress
Although pilot tests for the digital Yuan have been launched and are happening progressively across four large Chinese cities, the governor of the Chinese Central Bank in a recent report by Xinhua news claimed no official date had been set for the launch of the long-awaited project.
46 Central Banks Explore Digital Currency, With Only a Few of Them Actually Planning on Launching
May 20, 2020 at 13:28
News
46 Central Banks Explore Digital Currency, With Only a Few of Them Actually Planning on Launching
Central banks from 46 countries worldwide are exploring digital currency, however, only a few of them are actually going to launch their own coins. And most of them are not going to base their stablecoins on a blockchain.
1 2 ... 10