Cboe Clear Europe tests CBDC for margin calls as part of ECB DLT trials
Cboe Clear Europe tested the use of a wholesale CBDC for margin calls as part of the Eurosystem wholesale DLT settlement trials
CBDC Central Bank Digital CurrencyA Britcoin would trade convenience for societal dangers that hard cash keeps in checkTwo years ago, the House of Lords looked into whether the Bank of England should issue digital pounds to be held in electronic wallets. Peers were unconvinced, asking if this wasnt a solution in search of a problem. Last December, MPs on the Treasury select committee said the same thing. The governments response, however, was to tell the public to prepare forĀ a Britcoin to be in use by the end of the decade.Physical money has been around for thousands of years for good reason. Cash is convenient, reliable and anonymous. It seems unlikely that these advantages could be replicated online. State-backed e-cash might look inevitable to officials who say money is already digital, pointing to cryptocurrencies and smartphone payments. But central bank digital currencies (CBDCs) are different. A Britcoin would shift the management burden from commercial banks to Threadneedle Street. Continue reading...
Britcoin CBDC Central Bank Digital Currencies Digital PoundCboe Clear Europe tested the use of a wholesale CBDC for margin calls as part of the Eurosystem wholesale DLT settlement trials
CBDC Central Bank Digital CurrencyCboe Clear Europe, the largest pan-European clearing house, has successfully participated in the Eurosystems recent exploratory work testing the use of new technologies for the settlement of wholesale transactions in central bank money...
CBDCPage Not Found | Finance Magnates
Central Bank Digital CurrencyThe Financial Conduct Authority (FCA) has significantly expanded its cryptocurrency workforce to over 100 staff members, yet its policy team remains understaffed.
Central Bank Digital CurrencyLast nights landslide victory of the UKs Labour Party in the general election saw little to no mention of Bitcoin, blockchain, or digital assets. Leading up to the election, the partys manifesto remained silent on crypto or Bitcoin at a time when the topic is becoming increasingly prevalent in the US election race. However, Labours []
CBDCWhile the industry was not mentioned in the party's manifesto or on the campaign trail, Labour has said it will support tokenization and a central bank digital currency.
Central Bank Digital Currency