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Tag: CBDC

70% of Jamaica population to adopt CBDC in 5 years, prime minister says

January 17, 2022 wp-bot Cointelegraph

The Caribbean country expects a nationwide CBDC rollout by the end of the first quarter of 2022.

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CBDCs and stablecoins: EY advises banks to ‘prepare for what’s coming’

January 17, 2022 wp-bot Cointelegraph

A new report from EY highlights the need for a policy change for banks to overcome business uncertainties regarding digital assets.

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Visa Teams Up With Consensys To Build Payment Infrastructure For CBDCs

January 14, 2022 wp-bot News BTC

Visa and ConsenSys, a blockchain software startup, are working to develop a central bank digital currency (CBDC) pilot program to explore retail applications such as

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British Lawmakers Say a CBDC Is Likely to Hurt Financial Stability — Digital Pound Benefits Overstated

January 14, 2022 wp-bot Bitcoin News

According to British lawmakers, a central bank digital currency (CBDC) is likely to raise the cost of borrowing while hurting financial stability. They insist the

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Swiss National Bank Trials CBDC in Transactions With Five Banks

January 14, 2022 wp-bot Bitcoin News

The Swiss National Bank has successfully employed a wholesale CBDC to settle transactions with five commercial banks, the monetary authority announced. The tests are part

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US Lawmaker Launches Bill to Prohibit the Fed From Issuing Digital Currency Directly to Individuals

January 14, 2022 wp-bot Bitcoin News

A U.S. lawmaker has introduced a bill in Congress to prohibit the Federal Reserve from issuing a central bank digital currency (CBDC) directly to individuals.

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