IBM offers guidance for successful implementation of digital euro
Five members of IBM Consulting created a list of points that the European Commission could consider to optimize its proposed digital euro legislation.
MIT Digital Currency Initiative introduces at-scale, programmable CBDC platform
PARSEC (Parallelized Architecture for Scalably Executing Smart Contracts) runs on the ERC-20 standard, so it could have other applications too.
Digital pound will be pseudonymous with a focus on privacy: BoE CBDC chief
The underpinning technology for the UK CBDC could use a different ledger than the popular blockchain technology.
Singapore MAS proposes digital money standards with major industry players
The Monetary Authority of Singapore, with input from major tech giants, released a whitepaper on the standards for digital money usage such as CBDCs and stablecoins.
Fear of a digital euro prompts Slovakia to add cash rule to constitution
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.
Fear of a digital euro prompts Slovakia to add cash rule to constitution
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.
Crypto investment products experience outflows for 9th consecutive week
Meanwhile, the altcoin price crash triggered inflows for XRP, Cardano and Polygon.
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Central Bank of China Calls for Increasing Use of Digital Yuan
The People’s Bank of China has urged for widening of the array of use-case scenarios for its central bank digital currency. The monetary authority believes that deeper interconnection with traditional…
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Russia’s Tech Giant Rostec to Test Digital Asset Payments in International Trade
Russia’s leading technology company, Rostec, is working on a project to integrate digital assets into cross-border trade. The state-owned corporation says the market is interested in cryptocurrency payments which can…
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Bank of Russia to Promote Digital Ruble in Foreign Trade as Finance Ministry Pushes for Crypto Option
Days after the two institutions agreed on the need for cross-border crypto payments, the finance ministry and the central bank of Russia are once again highlighting their different priorities. While…