central bank digital currency
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The Digital Euro and Its Implications on Financial Stability
According to reports, a document drafted for the European Parliament states that the digital euro system should not limit users\’ holdings and argues that the risk of abandoning tra
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Federal Reserve Meister Asserts No Action on Central Bank Digital Currency
According to reports, Federal Reserve Meister: The Federal Reserve will not take action to launch a central bank digital currency, which requires congressional approval. The United
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The Future of the UK Economy: Can Digital Currency and Assets Lead the Way?
According to reports, Jon Cunliffe, Vice President of the Bank of England, discussed at the Global Summit on Innovative Finance held at London City Hall how the central bank can en
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The Pros and Cons of Central Bank Digital Currency (CBDC)
It is reported that over the weekend, the discussion about the Central Bank\’s digital currency (CBDC) became popular on social media because many people believed that this idea wou
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Federal Reserve: has not yet decided to issue CBDC
According to reports, the Federal Reserve has released an article stating that FedNow is not a CBDC and that digital FedNow is not related to digital currency. FedNow is a payment
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As of the end of 2022, the stock of digital RMB has reached 13.61 billion yuan
According to reports, recent pilot projects for digital renminbi have continued to advance, including specific plans launched in multiple pilot areas such as Jiangsu, Shenzhen, and
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Introduction
It is reported that the Ministry of Finance of Japan is coordinating the establishment of a new Central Bank Digital Currency (CBDC) expert group, which could be established as ear
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Economic Report: US President Warns Against Cryptocurrencies
According to reports, in 2023, the US President\’s Economic Report was released, with a total of 9 chapters. Chapter 8, \”Digital Assets: Learning Economic Principles Again,\” first i
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SWIFT Sees “Obvious Potential” in Interconnecting Central Bank Digital Currencies
It is reported that SWIFT said in a statement on Thursday that a project operated by the company to interconnect the central bank digital currency (CBDC) has \”o
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Federal Reserve Chairman Expresses Skepticism Over Digital Currency
According to reports, the chairman of the Federal Reserve of Australia, Lowe, said he was skeptical about the use of the central bank\’s digital currency for re…
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Project Icebreaker Explores the Potential of Central Bank Digital Currency in International Payments
It is reported that the \”Project Icebreaker\” jointly sponsored by the Bank for International Settlements (BIS) and the central banks of Israel, Norway and Swed…
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Ripple Middle East to Collaborate with Regulators for Central Bank Digital Currency
On March 1, Brooks Entwistle, Managing Director of Ripple Middle East, spoke about the company\’s efforts and objectives in the field of central bank digital cu…
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Minnesota Congressman Proposes Legislation to Curb Power of Federal Reserve in Central Bank Digital Currency
It is reported that Tom Emmer, a Minnesota congressman, proposed a legislation in the House of Representatives that may limit the power of the Federal Reserve …
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Nordic Center of Innovation Center of BIS Solicits Suggestions for Offline Functions in CBDC
It is reported that the Nordic department of the Innovation Center of the Bank for International Settlements is inviting technology suppliers to submit the ide…
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Brazil advancing in the development of its Central Bank Digital Currency
It is reported that Brazil is making progress in developing its central bank digital currency (CBDC) and designing its architecture. Roberto Campos Neto, Presi…
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Bank of India Launches Global Hacker Marathon for Blockchain and Digital Currency
It is reported that the Bank of India (Reserve Bank of India) announced the second global hacker marathon Harbinger 2023. The activity has four key points, inc…