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European Union lawmakers have agreed to move ahead with the controversial European Data Act, which has previously drawn criticism from the crypto community.
Dilip Rao, a former Ripple executive who’s now leading Australia’s CBDC pilot, has been examining 14 possible use cases of central bank digital currencies.
Legislation envisages digital wallet available on- and offline, while safeguarding cash
Project Mariana uses an automated market maker to reduce settlement risk and to create a liquidity pool in place of order books.
The underpinning technology for the U.K.’s CBDC could use an alternative to blockchain technology.
Tokenised assets will be settled on the SIX Digital Exchange
Thomas Jordan, head of the Swiss National Bank, announced the project at a conference in Zurich; the central bank still feels “prudent” about a retail CBDC, though.
Cointelegraph analyst and writer Marcel Pechman explains how China’s economic weakness and Turkey’s interest rate hikes could impact the cryptocurrency market.
François Villeroy de Galhau tried to soft sell the proposed euro CBDC to commercial bankers, emphasizing collaboration and the CBDC’s advantages.
Ripple says the “in principle” approval will help scale its “On-Demand Liquidity,” the service it uses to source XRP liquidity to customers.
Speech by Dr Jorgovanka Tabaković, Governor of the National Bank of Serbia, at Finticipate vol. 2 - SEE Fintech Forum, Belgrade, 15 June 2023.
Like the IMF’s single-ledger proposal released a day earlier, BIS’ unified ledger uses familiar concepts, such as tokenization, without the blockchain.
Model would use common token, exchangeable with central bank reserves