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The House members claimed the “appropriate place for the discussion” on legislation concerning a digital dollar would be in the U.S. legislative branch.
Terra’s co-founder continues his adventures, writing code in his living room, posting on Twitter and hiding from Interpol all at once.
Bank for International Settlements co-ordinated the trial on its mBridge platform
Trial will test international retail and remittance payments
A combination of centralization and decentralization is a perfect mix for the development of crypto and DeFi, according to a Swiss National Bank official.
Christine Lagarde, the President of the European Central Bank (ECB), has given her word that the proposed Digital Euro that it will not be used for commercial purposes.
The ECB’s two-year investigative phase is halfway completed, with key use and policy issues clarified; more stakeholder engagement is planned before the decision is made to proceed.
The European Central Bank (ECB) is collaborating with five firms to test “user interfaces” for the central bank digital currency (CBDC).
Emtech’s Cadet talks about CBDCs in emerging markets as the U.S. Congress and United Nations hear about the traditional banking crises.
The Bank for International Settlements (BIS) has rolled out Project Icebreaker with the central banks of Sweden, Norway, and Israel to see how CBDCs can be utilized for international remittance and
The Project Icebreaker initiative aimed to improve cross-border payments by reducing costs and increasing speed and transparency, with a final report expected in Q1 2023.
The Bank of France is currently working on its second stage of experimentation in wholesale central bank digital currency (CBDC).
Over $12 million in value was issued in the pilot with commercial and central banks in Hong Kong, Thailand, the UAE and China taking part.