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CBDC
130 Countries Are Looking Into CBDC Development, Atlantic Council Says
The Atlantic Council says 130 countries are currently exploring a central bank digital currency (CBDC). Atlantic Council GeoEconomics Center associate director Ananya Kumar shares her insights into the race for the future of money and the privacy implications. Plus, the role of CBDCs in the U.S. presidential election and the outlook for the digital dollar.
Indian Billionaire Mukesh Ambani's Firm Will Explore Blockchain Platforms and CBDCs
India has already made significant progress towards a wholesale and retail CBDC even though a full-scale launch is awaited.
Australia's CBDC Pilot Shows 'Path Forward' for a Tokenized Economy: Canvas CEO
Australia won't be introducing a CBDC for some years, according to a new report from the country's central bank. David Lavecky, CEO and co-founder of fintech firm CANVAS, which facilitated the first-ever foreign exchange transaction using an Australian Central Bank Digital Currency, shares insights into Australia's eAUD pilot. "It's really shown that there is a path forward tokenizing the economy and having a ecosystem of both CBDCs and privately-issued stablecoins," Lavecky said.
Australia Won't Introduce a CBDC for Some Years, Central Bank Says
Australia's central bank announced that the country will not likely make a decision on a central bank digital currency (CBDC) for some years due to several unresolved issues that surfaced at the end of the pilot project. "First Mover" hosts Jennifer Sanasie and Amitoj Singh weigh in.
Australia's CBDC Likely Some Years Away, Central Bank Says
The report said that in a way a "CBDC could be viewed as an enabling complement to, rather than substitute for, private sector innovation."
Mastercard Creates a Forum for Crypto Players to Discuss CBDCs
Payments giant Mastercard has created a forum where crypto industry players can discuss and collaborate on central bank digital currencies, injecting its influential voice into the CBDC conversation as nations around the world consider whether to digitize their money. "The Hash" panel discusses their outlook on the utility and adoption of CBDCs.
Post Malone, Podcaster Joe Rogan Slam Prospects of a U.S. Digital Dollar: That’s 'Game Over'
On a recent episode of the "Joe Rogan Experience," host Joe Rogan and rapper Post Malone discuss their concerns over the prospect of a digital dollar, with the two agreeing that central bank digital currencies (CBDCs) would be a "checkmate" situation. "The Hash" team weighs in as mainstream conversations around banning CBDCs continues to heat up.
Bank of England Wants Digital Pound Advisers as It Moves to CBDC Design Phase
The Bank of England is recruiting academics for its central bank digital currency engagement forum and asking stakeholders for more information.
Russia to Test Digital Ruble With Banks, Clients
The country's central bank will begin real-world tests of the digital currency with 13 banks and limited clients on Aug. 15.
Miami Mayor Francis Suarez on Accepting Bitcoin Donations, Concerns Over CBDCs
Bitcoin and crypto have become unexpected talking points on the U.S. Presidential campaign trail. Miami Mayor Francis Suarez joins "The Hash" panel with an update on his Presidential bid and accepting bitcoin donations for his campaign. Plus, how Suarez plans to "set the ground rules" for the crypto industry if elected and why he's "never been a fan" of central bank digital currencies (CBDCs).