CBDC Financial News
16.05 / 13:29
CBDC
Samsung
Samsung and Bank of Korea Partner for In-Depth Offline CBDC Payments Research
Samsung Electronics and the Bank of Korea have inked a partnership to research Central Bank Digital Currency (CBDC) technology that could facilitate offline transactions.
15.05 / 22:25
CBDC
regulation
Federal Reserve
Minneapolis Fed president Kashkari weighs in on CBDC: ‘Handwaving word salad’
President of the Minneapolis Federal Reserve Bank Neel Kashkari participated in a fireside chat at the Minnesota Transportation Conference & Expo on May 15. While he spoke mostly about topics unrelated to cryptocurrency and blockchain, he gave a blunt assessment of central bank digital currency (CBDC) during the Q&A after his presentation.
15.05 / 17:09
Ethereum
CBDC
regulation
Europe
Bitcoin
G7 pushes accelerating global implementation of ‘travel rule’ for crypto assets
The G7 committee recently met in Niigata, Japan, to discuss, among other topics, the global financial implications for central bank digital currencies (CBDCs) and the laws governing the transfer of cryptocurrency assets.
15.05 / 15:45
CBDC
regulation
G7
Financial Stability Board
G-7 Unpacks Crypto Regulation and CBDCs in Latest Meeting
Finance ministers representing some of the world’s seven most influential economies discussed their commitment to regulating crypto-assets and exploring central bank digital currencies during a Saturday meeting in Japan.
15.05 / 09:11
business
Blockchain
Technology
CBDC
Samsung
Samsung to research South Korea’s CBDC for offline payments
Tech giant Samsung Electronics has reportedly partnered with South Korea’s central bank to conduct research on central bank digital currency (CBDC) for offline payments.
13.05 / 16:05
CBDC
Central Bank
Digital Dollar
CBDCs Banned in Florida as Governor Ron DeSantis Signs New Bill
Florida Governor Ron DeSantis has signed a new bill banning central bank digital currencies (CBDCs) in the state.
12.05 / 17:59
CBDC
regulation
foreign
Florida governor signs CBDC bill into law, restricting some uses of US and foreign CBDCs
Florida Governor Ron DeSantis signed a bill restricting the use of central bank digital currencies (CBDCs) in the state, according to local news sources. The governor urged state lawmakers in March to draft the bill.
11.05 / 17:07
CBDC
Payments
regulation
Central Bank
BIS
BIS issues comprehensive paper on offline CBDC payments
The Bank for International Settlements (BIS) is actively exploring opportunities for offline payments involving a central bank digital currency, or CBDC.
11.05 / 15:49
CBDC
Digital Currency
legislation
lawmakers
rights
Texas Lawmakers Vote To Cement Digital Currencies in Lone State’s Bill of Rights
Texas lawmakers voted almost unanimously to change the state’s bill of rights to include the right of its residents to own, hold and use digital currency.
09.05 / 20:45
CBDC
Digital
Republican House Majority Whip Alleges Secret Democratic Backing for CBDC Bill
Tom Emmer, the Republican Party whip in the US House of Representatives, has claimed that some Democrats secretly supports his anti-central bank digital currency (CBDC) bill.
09.05 / 19:17
CBDC
regulation
Bank of England
BoE fintech head says crypto doesn’t ‘fulfill any of the functions of money’
The Bank of England’s director of fintech, Tom Hutton, recently spoke out on the United Kingdom’s plans to institute a central bank digital currency (CBDC) at the Crypto and Digital Assets Summit in London.
09.05 / 13:07
Blockchain
Ethereum
CBDC
BLOCK
Digital
LiveCoin
Brazil Central Bank CBDC Pilot Snubs Crypto Firms
The Central Bank of Brazil has effectively blocked crypto firms from taking part in its central bank digital currency (CBDC) pilot.
09.05 / 01:23
CBDC
Adoption
Central Bank
Digital Dollar
Bank of Canada
Canada's central bank asks citizens what they want in a digital dollar
Canadians are being asked to submit what features they want included in a potential digital Canadian dollar with the country’s central bank opening a consultation to the public.
05.05 / 19:37
CBDC
regulation
Elections
RFK Jr. elaborates position on CBDC, crypto: ‘It isn’t just criminals who want privacy’
Robert F. Kennedy Jr., who is challenging United States President Joe Biden for the Democratic nomination in the 2024 presidential election, has taken to Twitter again to share more of his thoughts on cryptocurrency.
05.05 / 18:13
business
Government
Blockchain
CBDC
Financial Services
Bank of China
BNP Paribas teams up with Bank of China to promote digital yuan usage
The French bank BNP Paribas is collaborating with the Bank of China (BOC) to promote China's digital currency, the digital yuan, to its corporate clients, the South China Morning Post reported.
04.05 / 18:13
CBDC
Federal Reserve
Treasury
North Carolina House Passes Bill Banning State Agencies From Accepting CBDCs
The North Carolina House of Representatives passed a bill that would ban state agencies from accepting payments in central bank digital currencies.
04.05 / 17:09
Law
CBDC
Payments
regulation
North Carolina House passes bill banning CBDC payments to the state
The House of Representatives for North Carolina has unanimously passed legislation aimed at prohibiting payments to the U.S. state using a central bank digital currency, or CBDC.
03.05 / 21:13
Stablecoin
CBDC
Adoption
wallet
Tokens
Time
moody’s
Digitalization won’t displace commercial bank money any time soon: Moody’s
Digitalization is shaping the future of money, but traditional central bank money housed in commercial banks will remain dominant, Moody’s predicted in a new report. Essentially, trust trumps efficiency, it said after surveying a wide range of emerging or potential forms of money.
28.04 / 20:09
CBDC
Adoption
Central Bank
Mauritius planning to launch pilot project for retail digital rupee late this year
Mauritius plans to launch the pilot phase of a digital rupee in November, Bank of Mauritius Governor Harvesh Kumar Seegolam announced. Many of the parameters of the prospective central bank digital currency (CBDC) are already in place.
28.04 / 13:31
Blockchain
CBDC
Digital
VISA
Platform
Visa to Develop Brazilian Blockchain-powered CBDC Project
The payments giant Visa has unveiled a new blockchain and central bank digital currency (CBDC) project in Brazil.
28.04 / 11:29
CBDC
Adoption
regulation
Europe
European Union
Euro
digital euro
European bankers on digital euro: 'ECB has no interest in users’ personal data'
As the various stakeholders within the European Union continue to research the potential of a single central bank digital currency (CBDC), the representatives of both private and public banking institutions share their opinion on the digital euro.
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