All by tag: CBDC

In particular, the company intends to work with central bank digital currencies

The initiative aims to link national digital currencies into a global system

Testing of the national cryptocurrency in EU countries will start in 2023

This year, the administration under new President Yoon Suk-yeol will develop a draft for the “Digital Asset Basic Act.”

The head of the organization, Kristalina Georgieva, said that monitoring compliance with Western sanctions against the Russian Federation has not weakened

Most of the respondents do not agree with the concept of CBDC as a new payment system

The Governor of the Central Bank of the Russian Federation Elvira Nabiullina has said that financial institutions are now completing the preparatory stage of their IT systems

The regulator explained that CBDC will not replace other forms of money, but will complement them

The Project Lithium prototype will test whether the US market infrastructure will be able to support the Fed-issued digital currency for daily payments

According to the bank’s analysts, the US administration believes that crypto regulation will help the dollar remain the dominant means of payment

The deputy minister of communications stated that the use of digital assets is against the country’s monetary policy

The company believes that CBDC will speed up cross-border transactions and benefit the economy