Search results for: #CBDC

News | 2 months ago
< 1 minutes read
Digital Yuan to Be Most Widely Used CBDC Worldwide

Representatives of the People’s Bank of China (PBoC) have reported on the digital yuan’s current success, establishing itself as the most widely used CBDC in the world.  The volume of […]

By CoinsPaid Media Editor
News | 2 months ago
2 minutes read
India Prepares to Launch Digital Rupee Pilot Project

The Reserve Bank of India (RBI) has unveiled reasons, key goals, and features of a central bank digital currency (CBDC) pilot project.  The RBI released a “concept note” on India’s […]

By CoinsPaid Media Editor
News | 2 months ago
2 minutes read
Canada Studies CBDC Archetypes and Actively Uses Cryptocurrencies

An analytic note from the Bank of Canada provides a detailed analysis of retail CBDC use cases. Representatives of the local regulator expect that over a third of Canadians will […]

By CoinsPaid Media Editor
News | 2 months ago
< 1 minutes read
SWIFT Achieved Interoperability of Different CBDCs

Successful experiments conducted by SWIFT open up opportunities for global interoperability of various CBDC projects and tokenized assets and their integration into the existing financial infrastructure.  As part of experiments […]

By CoinsPaid Media Editor
News | 2 months ago
< 1 minutes read
U.S. Treasury: Stablecoins Threaten Financial Stability

Government analysts say stablecoins are speculative assets and their widespread use threatens the stability of the U.S. financial system.  The U.S. Treasury Department’s Financial Stability Oversight Council (FSOC) released a […]

By CoinsPaid Media Editor
News | 2 months ago
2 minutes read
Global Bank Investments in Crypto Exceed $9 Billion 

The Basel Committee reported that the total value of crypto-assets held by banks worldwide is $9.4 billion.  Banks worldwide invest ~$9.38 billion in crypto, according to the Basel Committee’s third-quarter […]

By CoinsPaid Media Editor
News | 2 months ago
2 minutes read
Ghana Could Surpass Nigeria in Crypto Adoption Rate 

Nigeria is the leader in crypto adoption rate among Sub-Saharan countries, though Ghana stands a good chance of overtaking the lead. Analysts at Chainalysis presented a report on current trends […]

By CoinsPaid Media Editor
News | 2 months ago
< 1 minutes read
BIS Launches Project Icebreaker to Study CBDC Payments 

The Bank for International Settlements (BIS) has launched a new global project to study cross-border payments using central bank digital currencies (CBDC).  Representatives of the Bank for International Settlements have […]

By CoinsPaid Media Editor
News | 2 months ago
2 minutes read
Stablecoins Are More Attractive Alternative to CBDCs 

A central bank digital currency (CBDC) could deprive citizens of privacy and control over their own finances. In this context, stablecoins are a more attractive alternative.  The Bitcoin Policy Institute […]

By CoinsPaid Media Editor
News | 2 months ago
< 1 minutes read
International CBDC Pilot Project Completed Successfully 

Transactions amounting to $22 million were successfully processed during the pilot testing of an international central bank digital currency (CBDC) project.  The Bank for International Settlements (BIS) reported the successful […]

By CoinsPaid Media Editor