Retail central bank digital currencies, or CBDCs, do not require the use of blockchain technology, according to executives at major European central banks. Thomas Moser, an alternate member of the ...
A new project calling itself the first of the fourth generation blockchains says it has solved the “blockchain trilemma” with a new approach to decentralization and an identity-based approach to ...
More and more countries, including the leading global economies, such as the U.S., India, and European states, are gearing up to develop their centrally-issued digital currencies. Yes, the pandemic ...
Fear of Chinese advances with programmable money and Facebook’s Libra are pushing central banks to digital currencies, which may transform financial markets. At the end of October, Societe Generale – ...
Bitcoin’s hashrate is soaring. Ethereum incubator ConsenSys has signed on to another CBDC pilot. JPMorgan unveiled a revamped interbank transfer blockchain network that could challenge SWIFT. Bitcoin ...
The Philippines is likely to issue a wholesale central bank digital currency within two years, the Inquirer reported. The country does not plan on issuing a retail CBDC on concerns this is more likely ...
This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The PoC was part of Project Desft (Digital Economy ...
China’s central bank is rolling out a new framework for the digital yuan that will allow commercial banks to pay interest on ...
Update: The story has been updated to include the Digital Commodity Exchange Act (DCEA). The 118th Congress has reached a milestone of seeing 50 bills and resolutions that have been introduced so far ...
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