New Zealand Starts Digital Cash Consultation
The consultation paper asked New Zealand citizens to respond on the digital cash design, whether or not interest should be paid and if there should be holding limits.
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The consultation paper asked New Zealand citizens to respond on the digital cash design, whether or not interest should be paid and if there should be holding limits.
Phase 2 of the e-HKD pilot will be supported by the recently launched regulatory sandbox for testing wholesale CBDCs and tokenization, the Hong Kong Monetary Authority said.
Even if the Federal Reserve were close to recommending a central bank digital currency (CBDC) in the U.S., Chair Jerome Powell told lawmakers that the Fed has zero interest in a system in which it would have a view into user data.
Adoption of the central bank digital currency pales in comparison to the use of cash in the country.
Project Ensemble will “seek to explore innovative financial market infrastructure (FMI) that will facilitate seamless interbank settlement of tokenised money,” HKMA said.
Amid his numerous warnings of a looming economic collapse that could engulf the United States and beyond, popular investor and … Continue reading
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The country’s Central Banker says fiat money is more credible than stablecoins because it has the power of government behind it.
India’s central bank is taking a very cautious approach in developing its digital rupee, a senior official familiar with India’s central bank digital currency (CBDC) pilot programs told CoinDesk, though it’s making some progress.
India has not introduced any changes to the controversial tax deducted at source (TDS) affecting the crypto industry.
Many respondents to the digital pound consultation said that they had concerns about privacy and control.