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CBDC

Donald Trump Promises To Ban Creation Of CBDCs If Reelected ⋆ ZyCrypto

by Isaac Wright
Donald Trump Promises To Ban Creation Of CBDCs If Reelected ⋆ ZyCrypto

Advertisement &nbsp &nbsp Ex-POTUS Donald Trump has pledged to “never allow” a central bank digital currency (CBDC), citing concerns about federal government control over people’s funds. The front-runner in …

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Bank of Spain announces collaborators for CBDC pilot program

by Isaac Wright
Bank of Spain announces collaborators for CBDC pilot program

The Bank of Spain has chosen Cecabank, Abanca, and Adhara Blockchain as collaborators for a six-month pilot exploring CBDCs, separate from the digital euro initiative. Spain’s central bank, Banco de …

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HSBC to advance digital currency and CBDC pilots in Hong Kong

by Isaac Wright
HSBC to advance digital currency and CBDC pilots in Hong Kong

The Hong Kong branch of the international HSBC bank is set to continue to work with the authorities on initiatives such as digital currencies for cross-border payments. HSBC Hong Kong …

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China accelerates CBDC pilot with cross-border precious metals transaction

by Isaac Wright
China accelerates CBDC pilot with cross-border precious metals transaction

China’s major lender has concluded the cross-border settlement for precious metals trading with digital yuan. The Bank of China is set to expand the application of the country’s digital currency …

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All you need to know about Pix, Brazil’s FedNow

by Isaac Wright
All you need to know about Pix, Brazil’s FedNow

Pix is a digital payment system from Brazil’s Central Bank that offers fast, anytime money transfers as a low-cost alternative to traditional methods. The digital payment system emerged in Brazil …

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Norway’s central bank advances CBDC pilot to new phase, unveils deadline

by Isaac Wright
Norway’s central bank advances CBDC pilot to new phase, unveils deadline

Norges Bank advances its CBDC pilot in a fifth phase, exploring introduction and design models amid evolving global payment trends. In a press release on Dec. 18, Norges Bank‘s researchers …

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Italy and South Korea central banks reach agreement on CBDC collaboration

by Isaac Wright
Italy and South Korea central banks reach agreement on CBDC collaboration

On Dec. 5, Italy’s Banca d’Italia and South Korea’s Bank of Korea joined a pioneering agreement to share knowledge and collaborate on developing central bank digital currencies (CBDCs) and other …

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Hong Kong to launch second round of tokenised green bonds to inject some momentum into economy, chief banker tells summit

by Anas Siddiqui
Hong Kong to launch second round of tokenised green bonds to inject some momentum into economy, chief banker tells summit

“But it also means that Hong Kong needs to be more proactive in striving for our own development opportunities and injecting some momentum into our economy,” Yue said. The issuance …

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UK in crypto regulation lead as BOE targets stablecoins

by Isaac Wright
UK in crypto regulation lead as BOE targets stablecoins

In an ambitious move to position the U.K. as a front-runner in the cryptocurrency sector, the government and the Bank of England (BOE) are introducing sweeping regulations for stablecoins and …

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Singapore’s Central Bank Predicts the Demise of Private Crypto

by Isaac Wright
Singapore’s Central Bank Predicts the Demise of Private Crypto

Ravi Menon, the Managing Director of the Monetary Authority of Singapore (MAS), has predicted the fate of private digital coins, including native digital tokens, in the future monetary system. Speaking …

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