Tag Archive for: central bank digital currency (CBDC)

Federal Reserve tests Digital Dollar

Daniel Jennings, November 8, 2022, Cryptocurrency, Initial Coin Offering, Markets, Technology, central bank digital currency (CBDC), Fed Testing Wholesale CBDC in New York, Federal Reserve, Federal Reserve tests Digital Dollar, How the Fed plans to use wCBDC, Instant Debt, Is a Fed Stablecoin Coming?, New York Federal Reserve, New York Innovation Center (NYIC), Project Cedar, wCBDC, Why is the Fed developing a wCBDC?, Why is the Fed Developing Atomic Swaps?, 0

A wCBDC is a digital reserve financial institutions hold at a central bank. They use the wCBDC for interbank...

Central Bank Stablecoin Planned in Hong Kong

Daniel Jennings, October 25, 2022, Cryptocurrency, CBDC Stablecoins, central bank digital currency (CBDC), Central Bank Stablecoin Planned in Hong Kong, Hong Kong is a Center of CBDC Research, Hong Kong Monetary Authority (HKMA) plans retail CBDC, Project Aurum, 0

The BIS calls the intermediated CBDC “a direct liability of the central bank.” In contrast, the CBDC-backed stablecoins will...

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