CryptoSlate: Tuesday October 22, 2024
Despite leading in global crypto adoption, India may ban private cryptocurrencies in favor of CBDC alternatives.
Indian regulators are considering banning private cryptocurrencies like Bitcoin and prefer the potential of central bank digital currencies (CBDCs) to offer safer and more inclusive financial systems, according to local media reports. The government has consulted key institutions on the issue, and many favor prohibiting private cryptos. They emphasize that any potential benefits, such as […]
The post India favors CBDCs over Bitcoin, Ethereum despite top rank in global adoption appeared first on CryptoSlate.
OMFIF (the Official Monetary and Financial Institutions Forum): Wednesday October 02, 2024
The Bank of England is currently in the design phase for a potential UK retail central bank digital currency: the digital pound.
Digital Pound
Regulation Asia: Friday September 20, 2024
UK Finance and its member banks have successfully completed the experimental phase of a tokenisation and CBDC platform.
CBDC
CoinDesk: Tuesday September 17, 2024
Barclays, Citi UK, HSBC and Natwest participated in the Regulated Liability Network test.
CBDC
Ledger Insights: Monday September 16, 2024
Barclays published a paper exploring options for various digital pound functionality. It concludes an FMI should be responsible.
CBDC Central Bank Digital Currency Digital Pound
CoinGeek: Friday August 02, 2024
After the real-time gross settlement crash in July, the BOE is looking for a solution to update the network, proposing synchronization for the revamp while considering wCBDCs as an alternative to the current system.
CBDC
CoinTelegraph: Tuesday July 30, 2024
CBDC