Category: CBDC

Is Russia on Its Way to Adopting Its Own State-Backed CryptoRuble?

November 9, 2018
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 |  aksakov, Bank of Russia, Blockchain, CBDC, central bank, Central Bank Digital Currency, coin, crypto, crypto ruble, Cryptocurrencies, ICO, initial coin offering, Regulation, ruble, Russia, state duma

Russia may be on the way to adopting its own central bank digital currency, according to Anatoly Aksakov, chair of the State Duma’s Financial Market Committee. The Russian Parliament is studying three bills, introduced in March, to regulate smart contracts, digital currencies,

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IBM Survey: No Major Central Bank Will Implement CBDCs in the Near-Term

October 28, 2018
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 |  Blockchain, CBDC, central bank, Central Bank Digital Currency, coin, crypto, cryptocurrency, IBM, IBM Blockchain, jesse lund, Lael Brainard, omfif, real-time gross settlement, RTGS

A report on central bank digital currencies has found that 61% of institutions don’t think a blockchain is necessary due to low efficiency gains during trials. IBM Survey Finds That Central Banks Won’t Be Introducing CBDCs in Near-Term The report was

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Hong Kong Treasury Rejects Notion of a Central Bank Digital Currency

June 1, 2018
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 |  Blockchain, CBDC, Central Banks, coin, cross-border payments, crypto, digital currencies, Financial services and the Treasury, financial stability, Hong Kong, Joseph Chan, legal tender, SFC, treasury

The Hong Kong Treasury decided against the notion of creating a central bank digital currency (CBDC) yesterday, but said that they will monitor the situation. Hong Kong is ‘Already Efficient’ Acting Secretary for Financial Services and the Treasury, Mr

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