CBDCs

Swiss, French Central Banks to Trial Wholesale CBDC Settlements With BIS and Private Sector

<div class=”featured_image_container”> </div> <strong>The central banks of Switzerland and France are joining hands with the Bank for International Settlements to test wholesale central bank digital currencies in cross-border transactions. The experiment will be conducted with the help of a private sector consortium led by Accenture. </strong> European Central Banks to Collaborate on CBDC Project The …

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Kalashnikov Eyes Digital Ruble Settlements as Russia Aims to Replace ‘Dirty Money’

<div class=”featured_image_container”> </div> <strong>Kalashnikov Group, the Russian firearms manufacturer, is ready</strong><strong> to transition to settlements in digital currency. The announcement came from the international economic forum in Saint Petersburg where the central bank of Russia reaffirmed its intention to replace “dirty” and “infectious” paper cash with the digital ruble that’s currently under development. </strong> Russia’s …

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ECB: Digital Euro to Boost Global Appeal of European Money, Fight ‘Artificial Currencies’

<div class=”featured_image_container”> </div> <strong>The digitization of traditional currencies like the euro has the potential to increase their international appeal, the European Central Bank says in a new report. A failure to offer a digital currency would endanger financial stability, ECB warns. The regulator is concerned about the prospect of tech giants dominating payments through their …

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Kazakhstan Is Preparing the Launch of a CBDC Pilot With Private Financial Companies

<div class=”featured_image_container”> </div> <strong>Central bank digital currencies (CBDCs) are steadily becoming a serious discussion among governments globally, with Kazakhstan as the latest country unveiling its plans. The National Bank of Kazakhstan is making preparations to launch a CBDC pilot program soon.</strong> The National Bank Released a Public Consultation Paper According to the announcement published on …

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Brazil’s Central Bank President Expects to Have News on a CBDC ‘Soon’

<div class=”featured_image_container”> </div> <strong>The largest country in Latin America could have its central bank digital currency (CBDC) soon, as the Brazilian central bank is taking steps towards creating it. Recently, the Banco Central do Brasil (BCB) president hinted at the possibility of having news on the matter “soon.”</strong> No Decision Has Been Made on Whether …

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Swedish Central Bank Releases the First Study About Its CBDC E-Krona Pilot

<div class=”featured_image_container”> </div> <strong>The Swedish central bank keeps making steps towards modeling its e-krona pilot project by issuing a detailed report of the results of phase one for the path ahead. Riksbank is still optimistic about launching its central bank digital currency (CBDC), but there are hurdles to clear out on the road.</strong> Riksbank to …

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Former Canadian Prime Minister Lists Bitcoin as Possible Future Reserve Currency

Stephen Harper, an economist and the former prime minister of Canada, said bitcoin could potentially see use as a reserve currency, but isn’t going to supplant the U.S. dollar’s international role. In an interview with Cambridge House’s Jay Martin on Sunday, Harper acknowledged that the dollar had been on a downtrend, but said there were …

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The EURST Stablecoin Set the Path That Major Central Banks Now Want to Follow

<div class=”featured_image_container”> </div> <b>From Asia to Europe, major central banks all around the world are expected to announce their own digital currencies soon. This is vindication that stablecoins like EURST are on the right path forward, and they can serve to show how national economies should reinvent themselves following the current crisis.</b> Why Everyone Wants …

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Crypto Dollars and CBDCs: The Battle to Come

By late 2013, it was clear crypto assets would be the future of finance. It was the first time bitcoin crossed $1,000. To the cypherpunks’ chagrin, central banks around the world began publishing warnings to curb the “decentralized genie” threatening the stability of the familiar system. First they ignore you, then they fight. Bitcoin’s rally stopped …

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The Great Reset Agenda: ‘Bitcoin Is a Decentralized and Rational Strategy to Opt-Out’

<div class=”featured_image_container”> </div> <strong>Every single day the conversation about the Great Reset continues to amplify. More recently, mainstream media publications have been publishing rebuttals in response to the many skeptics of this agenda who believe the reboot propaganda is meant to install a new world order. The American broadcaster Max Keiser is telling a few …

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