The Russian central bank recently shared its business model for a central bank digital currency (CBDC). All digital ruble transactions will be free by the end of 2025, with the first banks and merchants expected to go live on July 1. The central bank plans to earn fees by operating the system. At the same time, at a hearing in the Russian State Duma last week, the Association of Russian Banks (ABR) said that banks are unhappy with this. They are concerned about the possible outflow of bank depos...
21:00-7:00 Keywords: CBDC, Reddit, Canary Capital 1. US Treasury: CBDC should replace stablecoins; 2. Privacy blockchain project Nillion raised $25 million; Reddit sold most of its cryptocurrency holdings in the third quarter. 4. Canary Capital submitted a spot Solana ETF application to the SEC; 5. US Treasury: The growth of stablecoins is boosting the demand for government bonds; 6. Microsoft shareholders have started a preliminary vote on whether the company should invest in bitcoin. 7. MicroS...
21:00-7:00关键词:CBDC、Reddit、Canary Capital 1.美国财政部:应以CBDC取代稳定币; 2.隐私区块链项目 Nillion 融资 2500 万美元; 3.Reddit第三季度已出售大部分持有的加密货币; 4.Canary Capital向美SEC递交现货Solana ETF申请; 5.美国财政部:稳定币的增长正在提升对国债的需求; 6.微软股东已开始就公司是否应投资比特币进行初步投票; 7.MicroStrategy拟于未来3年筹集420亿美元买入更多比...
CoinDCX co-founder Sumit Gupta said that CBDCs and cryptocurrencies should coexist, not compete.
Amid growing concerns that the Bank of England's digital currency (CBDC), Britcoin, will replace cash, Andrew Bailey, governor of the Bank of England (BOE), said, "The evidence is that people do want cash, so we will continue to offer it." Bailey said he supports banks issuing wholesale CBDCs, but is cautious about issuing retail CBDCs. Bailey further added that the Bank of England is setting up retail CBDCs for innovation. He believes that CBDC innovation should be open to the private sector an...
According to Cryptonews, Norway's central bank is moving forward with research on central bank digital currencies (CBDCs), with plans to make a relevant decision by the end of 2025. Although the European Central Bank is already preparing for digital currencies, Norway says it is in no hurry to speed up the process. According to Norway's deputy governor, Pal Lonva, Norway's research on CBDCs is in line with other central banks, and the current focus is on assessing complex issues. Norway is known...
据 Cryptonews 报道,挪威央行正在推进中央银行数字货币(CBDC)的研究,计划在 2025 年底前做出相关决定。尽管欧洲央行已在为数字货币做准备,挪威表示不急于加快进程。根据挪威副行长帕尔·隆瓦的说法,挪威在 CBDC 方面的研究与其他央行保持一致,目前的重点是评估复杂问题。挪威以其在数字支付领域的领先地位著称,尽管疫情期间现金使用量下降,但最近已趋于稳定。
Brazil is preparing to deepen activities around its central bank digital currency (CBDC) pilot project drex. The Brazilian central bank announced that the pilot project will be open to more participants, aiming to expand testing of more complex use cases in the platform. The new consortium will be able to submit its proposals between October 14 and November 29 for review by the project's executive management board.
The Bank of Canada has shelved plans for a central bank digital currency (CBDC). The Bank of Canada first launched a research project in 2019 to explore the creation of a digital Canadian dollar, with a public consultation in 2022. In a research paper in early 2024, the central bank argued that the introduction of a CBDC could help Canadians maintain monetary sovereignty and financial stability as cash usage continues to decline across the country. Another paper also found that if implemented, a...
According to sources involved in the pilot project, the use of India's central bank digital currency (CBDC), the digital rupee, has fallen sharply to one-tenth of its peak in December 2023. The Reserve Bank of India (RBI) initially brought the daily retail transactions of the digital rupee to 1 million by incentivizing banks and allocating a portion of salaries using digital currencies. However, when these incentives ended, its daily trading volume fell to about 100,000, indicating a lack of org...