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Bank of Canada Says CBDCs Have Inherent Risks in New Study
A new report released by the Bank of Canada has revealed that the bank believes Central Bank Digital Currencies can pose security risks to users
CBDC Project will Help Enhance Japan's "Settlement System," Says Bank of Japan Executive
Bank of Japan's Kazushige Kamiyama has revealed that the country’s proposed central bank digital currency will enhance the country’s settlement system.
List of Important Resources on Central Bank Digital Currency (CBDC)
Blockchain has the potential to change the whole monetary and financial industry. But it still has a long way to go, as currently, the money issuance power is in the hands of central banks. The compromised way of welcoming blockchain technology in the monetary and financial industry are the central bank issued stablecoins - CDBC.
Bank of Japan to Launch CBDC Proof-of-Concept in 2021
The Bank of Japan (BOJ) has revealed its plan to kick start an early proof-of-concept on the issuance of its central bank digital currency (CBDC) next year.
Bank of Japan Wants to Hear From Public About Digital Yen Development
The head of Bank of Japan (BOJ)’s payments and settlement systems department, recently said that the Central Bank was seeking public opinion on the digital yen.
Bank of Japan Testing Digital Yen CBDC
The Bank of Japan (BoJ) has just announced that it will begin experimenting with a Digital Yen, its own Central Bank Digital Currency (CBDC) to test its technical application and feasibility.
Bank of America Plays Ripple Project Close to Chest
Bank of America (B of A) has been keeping its blockchain contingency plans under wraps for the better half of a decade.
Bank of Lithuania Has Commenced the Issuance of its LBCOINS to the Public
Following the launch of its digital collectibles dubbed “LBCOINS,” the Bank of Lithuania has announced that it has commenced the issuance of the LBCOINS to the members of the public. The issuance of LBCOINS is a landmark step in the worldwide drive towards achieving a financial era dominated central bank digital currencies (CBDC).
Bank for International Settlements to Issue a PoC CBDC With the Swiss Central Bank Before the End of 2020
The Bank for International Settlements is set to issue a CBDC at the Proof of Concept stage in conjunction with the Swiss National Bank before year-end.
Bank of Japan Puts Top Economist in Charge of CBDC Development
Bank of Japan’s top economist, Kazushige Kamiyama is now the head of payments and settlements and at the helm of Japan’s exploration of its Central Bank Digital Currency (CBDC) project.
Bank of France Becomes the First to Successfully Test Out the Digital Euro on Blockchain
The French Central Bank, Banque de France has recently successfully trialed a central bank digital currency (CBDC) – the digital euro, operating on a blockchain. The Bank of France experimented with the use of a central bank digital currency to test a sale of securities, which was carried out by Société Générale Forge. Banque de France launched a program of experiments to test out potential central bank digital currency (CBDC) aimed for interbank settlements. Potential participants have been invited to submit their applications to experiment with the use of a digital euro.
NYSE Launches Shares of Pro Crypto Silvergate Bank for Trading
American Commercial bank Silvergate Capital, a bank focused on digital currencies, is now officially established on the New York Stock Exchange (NYSE), with an opening of $12.75. Parallel to the event was the celebration of its initial public offering (IPO), as per NYSE.