Hong Kong Source: Blockchain News
Sep 28, 2024 02:15

Hong Kong Treasury Markets Summit 2024 Highlights Key Financial Innovations


The Treasury Markets Summit 2024, hosted by HKMA and TMA, focused on offshore renminbi business, DeFi, Metaverse, and CBDCs. (Read More)

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Author: Cointelegraph by Stephen Katte
United States Source: Cointelegraph.com News
Sep 27, 2024 12:00

Country-wide Bitcoin adoption a mixed bag for national economies

Country-wide Bitcoin adoption could boost financial inclusion and trade, but challenges like volatility and regulatory hurdles might create mixed economic impacts. 

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Author: Cointelegraph by Derek Andersen
United States Source: Cointelegraph.com News
Sep 24, 2024 12:00

Hong Kongs e-HKD project expands into tokenization, programmability

The Hong Kong Monetary Authority is looking at a potential CBDC from a wide perspective.

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Author: Oluwapelumi Adejumo
United States Source: CryptoSlate
Sep 24, 2024 01:10

Hong Kong monetary regulator launches second phase of CBDC project

The Hong Kong Monetary Authority (HKMA) has announced the launch of the second phase of its central bank digital currency (CBDC) pilot program, known as e-HKD, according to a Sept. 23 statement. The second phase will delve into advanced use cases for digital money, emphasizing e-HKD and tokenized deposits for individuals and businesses. The first […]

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Author: Cointelegraph by Arijit Sarkar
United States Source: Cointelegraph.com News
Sep 23, 2024 12:00

IMF staff propose REDI framework to catalyze CBDC adoption

IMF staff members have introduced a high-level four-stage framework emphasizing regulation, education, design and incentives to enhance CBDC adoption.

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Author: Wayne Jones
Bulgaria Source: CryptoPotato
Sep 23, 2024 01:00

Bank of Canada Halts Digital Dollar Project Amid Global Surge in CBDC Development

Canada's central bank has paused its CBDC project, pivoting to research as countries like China and Nigeria advance their initiatives.

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Author: Abdul
United Arab Emirates Source: TheNewsCrypto – Blockchain & Cryptocurrency News M
Sep 23, 2024 04:10

Deutsche Bank Poll Reveals Widespread Public Skepticism Toward CBDCs

Although several central banks worldwide are considering the possibility of introducing a Central Bank Digital Currency (CBDC). A recent poll found that most customers are not keen on utilizing such products. Therefore cash will likely remain in circulation for the foreseeable future. Around 4,850 people from the US, UK, and

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Author: Mohamed Faisal
United Arab Emirates Source: TheNewsCrypto – Blockchain & Cryptocurrency News M
Sep 23, 2024 04:10

IMF Releases Guidelines for Boosting CBDC Adoption with REDI Framework

Policymakers and financial institutions may find guidance on how to boost the use of central bank digital currencies (CBDCs) in a new guide issued by the International Monetary Fund (IMF). September 21 saw the release of a report titled “Central Bank Digital Currency Adoption Inclusive Strategies for Intermediaries and Users”

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Author: Mandy Williams
Bulgaria Source: CryptoPotato
Sep 23, 2024 01:00

Consumers Prefer Cash Over CBDC: Deutsche Bank Survey

Most respondents chose private crypto like BTC over government-backed digital currencies.

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Author: Imran
United Arab Emirates Source: TheNewsCrypto – Blockchain & Cryptocurrency News M
Sep 22, 2024 04:10

Bank of Canada Slows Down Retail CBDC Development Amid Focus Shift

Updates on the Bank of Canada’s (BOC) website indicate that the central bank is halting development of CBDC for retail use. Although a wholesale CBDC was not mentioned in the statement, it was stressed that research was ongoing. Since the Bank of Canada has already spent a lot of time

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Author: Cointelegraph by Derek Andersen
United States Source: Cointelegraph.com News
Sep 21, 2024 12:00

Bank of Canada just says no to retail CBDC in reshuffling of priorities

Regulating and speeding up payments without a CBDC are more important to the Canadian central bank.

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Author: Cointelegraph by Derek Andersen
United States Source: Cointelegraph.com News
Sep 22, 2024 12:00

Bank of Canada says no to retail CBDC in reshuffling of priorities

Regulating and speeding up payments without a CBDC are more important to the Canadian central bank.

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Author: Cointelegraph by Helen Partz
United States Source: Cointelegraph.com News
Sep 20, 2024 12:00

Cardano founder to meet Argentina president Javier Milei

Charles Hoskinson plans to meet with Argentina President Javier Milei to discuss how blockchain can rewrite global economic and political systems.

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Author: Cointelegraph by Derek Andersen
United States Source: Cointelegraph.com News
Sep 17, 2024 12:00

41 firms join BIS Project Agora to advance unified ledger applications

The large private companies will work with seven central banks on improving structural inefficiencies in international transfers.

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Author: Martin Young
Bulgaria Source: CryptoPotato
Sep 16, 2024 01:00

Global Banking Network SWIFT Paves Way for Tokenized Asset Integration

SWIFT, the global banking communications network, not the wildly popular American popstar, has announced plans to integrate digital assets.

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Author: Sarala
United Arab Emirates Source: TheNewsCrypto – Blockchain & Cryptocurrency News M
Sep 15, 2024 04:10

What Is the Future of Central Bank Digital Currencies (CBDC)?

In todays digital era, money is evolving fast. From cash transactions to online payments, the way we handle money has drastically changed. As physical cash becomes less common, especially during the COVID-19 pandemic due to hygiene concerns and cash shortages, more people are turning to digital transactions. Since then, banks

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Author: Cointelegraph by Andrew Singer
United States Source: Cointelegraph.com News
Sep 14, 2024 12:00

North Carolina resists the CBDC tide with new payments ban

A new law in North Carolina seeks to ban CBDCs in the state, but there are questions about whether the new legislation is even legal. 

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Author: Cointelegraph by Derek Andersen
United States Source: Cointelegraph.com News
Sep 11, 2024 12:00

Accenture invests in Emtech to strengthen CBDC, fintech solutions

The deal will see Emtechs CBDC solutions and its regulatory and compliance sandboxes integrated into Accentures offerings.

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Author: Mandy Williams
Bulgaria Source: CryptoPotato
Sep 11, 2024 01:00

This US State Just Passed an Anti-CBDC Bill

The anti-CBDC bill was sent to the governor in June, but he vetoed it because it was "premature, vague, and reactionary."

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Author: Arslan Tabish
Estonia Source: TronWeekly
Sep 11, 2024 02:30

Trumps Crypto Push: Innovation Or Conflict Of Interest?

Cryptorphic has made some observations regarding the increasing focus of Donald Trump on cryptocurrencies. The recent announcement by Trump about making the U.S. the crypto capital has created a buzz, but there are concerns over the ethical dilemmas due to conflict of interest. Trump has changed his mind and is now supporting cryptocurrencies and has […]

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