Tags : CBDC

Blockchain

France Trials CBDC, Blockchain for Government Bond Deals: Report

“This project went well beyond previous blockchain initiatives because it successfully tested most central securities depository and central bank processes whilst eliminating current interim steps, such as reconciliation between market intermediaries,” said Soren Mortensen, global director of financial markets at IBM as cited in the report. “We are rapidly moving towards fundamental change in the […]Read More

Blockchain

Ghana Wants to Make Its CBDC Available for Use Offline:

CBDCs are digital forms of a jurisdiction’s legal currency and are designed to be available via smartphones. Kwame Oppong, head of fintech and innovation at the Bank of Ghana (BoG), said the country’s digital currency, the e-cedi, would work offline through the use of smart cards, according to the report. Source linkRead More

Blockchain

National Bank of Georgia to Test CBDC Next Year —

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. @2021 CoinDesk […]Read More

Blockchain

Nigeria Court Approves CBDC Rollout: Report

A federal court in Abuja, Nigeria, approved the rollout of the country’s central bank digital currency (CBDC), the eNaira. The decision was disclosed Oct. 2 by Justice Taiwo Abayomi, state-run broadcaster Voice of Nigeria reported Sunday The Central Bank of Nigeria had previously received a cease and desist letter concerning the name “eNaira” from ENaira […]Read More

Market

Fed to Launch CBDC Review as Early as This Week:

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. @2021 CoinDesk […]Read More

Blockchain

Brazil’s Central Bank Says Local B3 Stock Exchange Could Be

Brazil’s B3 stock exchange could serve as the information oracle for the smart contract system of a digital real (CBDC), according to the Central Bank of Brazil (CBC). Mardilson Queiroz, part of the CBC’s department of financial system regulation, said that B3 could act as one of the system’s “oracles”, creating a bridge between external […]Read More