Tag: CBDC
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Norway’s Central Bank Taps Ethereum Layer 2 For CBDC Trial
Norway’s central bank is embracing Ethereum’s Layer 2 for its central bank digital currency (CBDC) pilot. On May 16, Nahmii, an Ethereum L2, announced it had been tapped by Norges bank to host the sandbox for the country’s national currency, the krone. Nahmii said in a statement that it will “build, maintain, and train Norges […]
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Major US Clearing House Experiments with CBDC for Real-Time Settlements
DTCC to explore whether a Federal Reserve-issued digital currency could clear a trade as soon as a brokerage sends the money.
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Australian Bank Drops Anti-Crypto Stance and Embraces Stablecoins
Australia and New Zealand Banking Group Minted an Aussie dollar-denominated token.
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Crypto Community Relieved by Biden Order’s Balance Yet Wary as Oversight Regime Takes Shape
The Biden Administration’s executive order on crypto was surprising, and comprehensive.
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Did India Just Legalise Crypto? Unpacking the Digital Rupee
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CBDC Central Bank Digital Currencies – Complete Guide 2022
Remember when Congress got all hot and bothered about Stablecoins at the end of last year? This was Liz Warren “the most dangerous part of the crypto world. It’s where the scammers and the cheats and the swindlers mix among part-time investors and first-time crypto traders. In DeFi, someone can’t even tell if they’re dealing […]
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Looking for a Bullish Signal? Fidelity and HSBC Shrug Off Crypto Angst and Scale DeFi Offerings
In 2017, the ICO boom helped propel crypto assets to record levels only to fall almost as precipitously. With that history it is perhaps only natural that 2020-21’s extraordinary increase in activity has been greeted by mainstream attention, albeit with some hesitancy from media commentators who are yet to be convinced that the crypto-sphere is […]
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Visa Sketches a Global Network of Central Bank Digital Currencies With Itself at the Center
You may never be able to send a message from Telegram to a friend on WhatsApp, but you might be able to send dollars from a digital wallet issued by the U.S. Treasury to a wallet from the People’s Bank of China, only the recipient will receive the payment in yuan. That’s the vision that […]
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Digital Dollar’s Dystopian Future
The year is 2023. Blockchain technology has reached unprecedented heights. DeFi is mainstream. Gas fees are negligible now. Your memecoins alone are worth millions of dollars. You’ve reinvested half of your net worth in NBA Top Shots, and you’re confident that this is the best financial decision you’ve ever made. And then the US government […]