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” Montenegro’s central bank teams up with Ripple on digital currency pilot project “ Montenegrin Prime Minister Dritan Abazović has announced on Twitter that his country is pursuing a digital currency in conjunction with Ripple. Abazović met with Ripple CEO Brad Garlinghouse and vice president James Wallis at Davos. Wallis is Ripple’s vice president for…
” UK Bitcoin community reacts to incoming CBDC and digital pound rollout “ The UK Government’s economic and finance ministry, HM Treasury, is recruiting for a Head of central bank digital currency (CBDC) to lead the development of a digital pound. The work is described as “Important, complex, and cross-cutting” and will “require extensive engagement…
” Stablecoins and CBDCs might play ‘meaningful role’ in payments — Visa CEO “ The chief executive of credit card giant Visa remains confident that blockchain-powered solutions can be integrated into its services and offerings to power the next generation of payments. Speaking on a call at Visa’s annual stockholder meeting on Jan. 24, outgoing…
” UK gov’t is hiring a central bank digital currency lead for Treasury team “ HM Treasury in the United Kingdom has begun calling for applicants to lead the central bank digital currency team behind efforts towards a digital pound. In a job posted to LinkedIn on Jan. 24, the U.K. Treasury called for a…
” Amid crypto winter, central banks rethink in-house digital currencies “ Over the last couple of years, numerous reports have surfaced regarding governments worldwide exploring the issuance of their very own central bank digital currency. In fact, to date, nine countries have rolled out an active CBDC offering. In this regard, China’s digital yuan witnessed…
” ECB executive board member outlines plans for digital euro to European Parliament “ The digital euro, should it come into existence, will preserve the role of the central bank by extending payment options beyond those offered by cash, European Central Bank (ECB) executive board member Fabio Panetta told a European Parliament committee Jan. 23….
” Chinese blockchain firm launches the ‘SWIFT’ of stablecoins and CBDCs at Davos “ A Hong Kong-based blockchain company has launched a digital payments system aimed at bridging the gap between stablecoins and Central Bank Digital Currencies (CBDCs). Red Date Technology, the blockchain infrastructure firm which is also leading one of China’s blockchain efforts, launched the…
” Going cashless: Norway’s digital currency project raises privacy questions “ At this point, the test network for the Norwegian CBDC uses not the public Ethereum ecosystem, but a private version of the enterprise blockchain Hyperledger Besu. <p>The small Nordic country of Norway may not be particularly notable on the global crypto map. With its…
” China’s digital yuan gets smart contract functionality alongside new use cases “ China’s Central Bank Digital Currency (CBDC) — the digital yuan, or eCNY — has received upgrades giving it smart contract functionality alongside a series of newly unveiled use cases. The smart contract function was launched on the Meituan app, a Chinese app…
” Digital Dollar Project urges US to take action on CBDC development “ The Digital Dollar Project (DDP) released a new version of its white paper “Exploring a U.S. CBDC” on Jan. 18. The project expanded the paper in order to examine central bank digital currency projects internationally, though its focus is still on the United States. The…