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Tag: central bank digital currency

Federal Reserve Launches Fednow for Instant Payments — JPMorgan, Wells Fargo, and 33 Banks Onboard

July 20, 2023 wp-bot Bitcoin News

The Federal Reserve has launched its Fednow Service for instant payments with 35 participating banks and credit unions, as well as 16 service providers. “The

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Ripple Expects Business to Pick Up in the US After Landmark Ruling

July 19, 2023 wp-bot Bitcoin News

Ripple, a cryptocurrency and remittance services company, expects to start offering its services to U.S.-based businesses after the recent ruling that determines the XRP token

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Bank of China Expands Digital Yuan Testing to SIM Cards and NFC Payments

July 13, 2023 wp-bot Bitcoin News, Blockchain

The state-owned financial institution Bank of China has revealed a partnership with China Unicom and China Telecom in order to test SIM cards and near-field

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Central Bank of Russia: Digital Ruble Could Be Launched as Soon as 2025

July 8, 2023 wp-bot Bitcoin News

Olga Skorobogatova, first deputy chairman of the Central Bank of Russia, indicated that the launch of the digital ruble, the Russian central bank digital currency

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New York Federal Reserve and US Banks Complete Programmable Dollar CBDC Test

July 8, 2023 wp-bot Bitcoin News

The New York Federal Reserve and a group of financial institutions announced the successful conclusion of a proof-of-concept of the Regulated Liability Network (RLN), which

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US Representative Warren Davidson: ‘CBDC Corrupts Money Into a Tool for Coercion’

July 5, 2023 wp-bot Bitcoin News

Warren Davidson, U.S. representative and part of the House Committee on Financial Services, has disregarded issuing a central bank digital currency (CBDC) in the country.

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Blockchain
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