Central Bank Digital Currency
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Feasibility of Digital Japanese Yen: Expert Meeting Report
According to reports, the Japanese Ministry of Finance held its first expert meeting on the feasibility of issuing a legal tender in the form of electronic data, the \”digital Japan
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Understanding the Pros and Cons of Retail CBDCs: What You Need to Know
According to reports, recently, Federal Reserve Governor Bowman delivered a speech on CBDC, and Bowman generally supports wholesale digital dollars. But Bauman believes that the tr
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Insider: Hong Kong regulatory authorities have deployed the implementation of CBDC to banks in Hong Kong
On April 18th, sources reported that Hong Kong is intensifying its efforts to develop its own central bank digital currency e-HKD this year. Regulatory authorities have deployed th
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Exploring the Future of Digital Yen: Insight into Japan’s Pilot Plan and Expert Meeting
On April 14th, after the Bank of Japan launched a pilot plan to test the use of digital yen this month, the Ministry of Finance of Japan plans to hold an expert meeting on April 21
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Japanese official: G7 will discuss helping developing countries launch digital currencies and strengthen cryptocurrency regulation
According to reports, Japanese Finance Minister Shinzo Kanda stated on Tuesday that the Group of Seven (G7) will consider how to maximize its assistance to developing countries in
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The Need for a Common Framework to Address Cryptocurrency Risks: India’s Perspective as G20 Presidency
On April 11th, Indian Finance Minister Nirmala Sitharaman stated that India\’s purpose as the G20 presidency is to develop a common framework for all countries to address the risks
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#Montenegro and Ripple: Developing a Digital Currency Strategy
According to reports, on April 11th, the Central Bank of Montenegro announced that it had signed an agreement with Ripple to develop a strategy and pilot plan for Montenegro\’s digi
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Bank of England to Develop Central Bank Digital Currency (CBDC): A Comprehensive Look
According to reports, the Bank of England is seeking to establish a team of up to 30 people to develop the Central Bank Digital Currency (CBDC). In February of this year, the Bank
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The Bank of England will form a 30 person CBDC development team
According to reports, the Bank of England is seeking to establish a team of up to 30 people to develop the Central Bank Digital Currency (CBDC). In February of this year, the Bank
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Introduction:
It is reported that Miguel Fern á ndez Ord ó ñ ez, former governor of the Spanish Central Bank, delivered a speech during the digital euro conference this morning. Ord ó ñ ez state
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Establishment of a New Central Bank Digital Currency Expert Group in Japan
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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Table of Contents
It is reported that due to the fact that the draft law related to the digital ruble is currently only being read by the Russian State Duma, the pilot CBDC (Central Bank Digital Cur
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European Banking Federation: Banks should have access to digital euro payment data
It is reported that the European Banking Federation (EBF) has released a report on its vision for the future digital currency ecosystem, in which retail digital euros, wholesale ce
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The Reserve Bank of India seeks to delete clauses to address CBDC’s privacy issues
According to reports, a senior source said that the Central Bank of India is advocating legislation to allow users of its retail Central Bank Digital Currency (CBDC) to delete any transactions in the online ledger to remain anonymous. The Reserve Bank of India (RBI) is currently conducting retail and wholesale CBDC pilot projects. Retail CBDC is currently active in at least 15 cities. According to the source, the latest data shows that more than 100000 customers and 13 banks have participated in the pilot project. Interpretation of this information: The…
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Ripple executive: The company is talking with more than 20 central banks about CBDC
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 currency (CBDC) in an interview, and disclosed some details. The executive explained that interaction with regulators around the world was “priceless”. Unlike the United States, regulators in “Singapore, Tokyo, Switzerland and the United Kingdom” welcome dialogue and participate in round-table discussions. Interpretation of this information: Ripple’s Efforts Towards Central Bank Digital Currency (CBDC) Brooks Entwistle, Managing Director of Ripple Middle East, recently conducted an interview…
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Federal Reserve Williams: We are in the early stage of understanding (central bank) digital currency
It is reported that the US Federal Reserve Williams said that we are in the early stage of understanding the (central bank) digital currency. Interpretation of this information: The emergence of digital currencies has been a topic of discussion for a few years now, and it seems like Central Banks are slowly but steadily considering the possibility of developing their own digital currencies. According to a recent report, John Williams, President of the Federal Reserve Bank of New York, stated that Central Banks still have much to learn about digital…