IT Giant TCS Launches Smart Solution For Cryptocurrency Trading
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- July 8, 2020
When it comes to CBDCs, one of the most common public worries is the possibility for privacy invasion, the European Central Bank (ECB) has released a presentation addressing this topic, stating that the Eurosystem should only have access to the bare minimum of transaction data, and that user anonymity is not a desired design option.
READ MOREAs part of its efforts to strengthen the stability of the country’s payment system, the Bangko Sentral ng Pilipinas (BSP) will start a wholesale central bank digital currency (CBDC) pilot project called CBDCPh. BSP governor Benjamin Dionko said at an annual policymakers’ roundtable that the central bank’s pilot will examine the possibility of deploying CBDCs
READ MORETanzanian President Samia Suluhu Hassan instructed the country’s finance chiefs to prepare for cryptocurrencies just over a year ago, and now financial industry authorities are demanding for a clearer global stance on central bank digital currency (CBDC) and crypto-assets. Mwigulu Nchemba, the Finance and Planning Minister, and Florens Luoga, the central bank governor, are said
READ MOREThe BIS Innovation Hub collaborated with central banks from Australia, Malaysia, Singapore, and South Africa to develop two prototypes for an international settlement platform that uses different central bank digital currencies (CBDCs). “This initial phase of the project successfully developed working prototypes and”“demonstrated practicable solutions, achieving its aim of proving that the concept of”“multi-CBDCs was
READ MOREThe Philippines’ central bank governor announced the launch of a CBDC initiative at a joint event held by the Bangko Sentral ng Pilipinas (BSP) and the Alliance for Financial Inclusion earlier this month, according to a speech transcript published earlier this month. The effort aims to improve “the payment system’s safety, reliability, and efficiency,” according
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