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3,657 articles tracked

NY Fed president urges colleagues to prepare for coming digital payment transformation

Technology is changing fast, but the role of the central bank stays the same, Williams tells an audience of officials, scholars and financial industry leaders.

Jun 1, 2022cointelegraph
Fed paper looks at the potential effects of CBDC on monetary policy

The working paper traces the effects of operations with CBDCs through several scenarios and concludes the Fed will have it under control.

May 31, 2022cointelegraph
$30m e-CNY Airdropped in Shenzhen to Boost Consumer Spending

The use of China’s Central Bank Digital Currency (CBDC) is currently being boosted by the city of Shenzhen which according to reports has airdropped 30 million Digital Yuan (e-CNY) to its residents

May 31, 2022blockchainnewse-CNY
UN agency head sees 'massive opportunities' in crypto: WEF 2022

“Crypto is just another technology, it’s a matter of how is it being used. It can be used for good or for bad. From where we sit, we see massive opportunities," says the director of the UNICC.

May 31, 2022cointelegraph
India to roll out CBDC using a graded approach: RBI Annual Report

Halfway through 2022, at the proof-of-concept stage, RBI is in the process of verifying the feasibility and functionality of launching a CBDC.

May 28, 2022cointelegraphDigital Rupee
Falling Bitcoin price doesn't affect El Salvador: 'Now it's time to buy more,' reveals Deputy Dania Gonzalez

In an exclusive interview with Cointelegraph, a policymaker from El Salvador reveals how BTC has been helping the country change people's lives.

May 27, 2022cointelegraph
Draft bill to ban China’s digital yuan from US app stores

Three Republican senators introduced a bill to protect Americans from the "Authoritarian Digital Currencies Act."

May 27, 2022cointelegraphProject Hamilton
Blockchain tech offers multiple paths to financial inclusion for unbanked

Millions of people in parts of the world lead limited economic lives, but opportunities to enter the digital economy are coming to many of them.

May 26, 2022cointelegraph
Brainard tells House committee about potential role of CBDC, future of stablecoins

The Fed vice chair told the House Financial Services Committee that a CBDC offers stability, interoperability in increasingly complex economic system.

May 26, 2022cointelegraph
ECB president’s anti-crypto comments trigger community responses

On a Dutch talk show, Christine Lagarde said that crypto is “worth nothing,” as there’s no underlying asset that backs the currencies.

May 26, 2022cointelegraphDigital Euro
WEF 2022: SWIFT probably won’t exist in 5 years, says Mastercard CEO

Michael Miebach, CEO of Mastercard, told an audience of blockchain executives that he expects SWIFT to phase out of existence in as little as five years' time.

May 26, 2022cointelegraphProject Hamilton
American Bankers See No Compelling Case for Digital Dollar

The ABA said that it has not seen a compelling case for the pursuit of the Digital Dollars as any attempt to float the new form of money will undermine the role of banks and private financial insti

May 25, 2022blockchainnewsProject Hamilton
Mercado Bitcoin, Stellar Team Collaborate on Brazil’s CBDC Project

Mercado Bitcoin and the Stellar Development Foundation will explore the possibility of developing CBDC solutions to meet Brazilian future payments needs in a digital economy.

May 25, 2022blockchainnews
Mercado Bitcoin partners with Stellar to create MVP for Brazilian CBDC

Cryptocurrency companies unite to create use cases for Brazil’s CBDC with central bank approval.

May 24, 2022cointelegraph
The ECBs digital euro is on its way. How will it affect crypto?

Governments reject the concept of decentralization, claiming that cryptocurrencies are unreliable, unsafe, and therefore shouldn't be used. Instead, they advocate centralized CBDCs. Those motives a

May 24, 2022blockchainnewsDigital Euro