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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
A community member described CBDCs as a “dystopian nightmare” and argued that they would give governments complete control over individuals.
A major study between the Bank for International Settlements and the Bank of England found that a retail central bank digital currency could make peer-to-peer payments cheaper and easier.
Slovakia’s parliament passed a measure to amend its constitution to codify the right of its citizens to pay for goods and services with cash.
The Guangzhou Housing Provident Fund Management Center has successfully implemented the usage of the Chinese version of the Central Bank Digital Currency (CBDC), commonly known as the digital Yuan,
The XC platform could operate domestically using tokenized assets, including deposits, with or without CBDCs.