Against CBDCs and the Politicization of Money
Against CBDCs and the Politicization of Money Source
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CBDCs
Atlantic Council Director Sees ‘Splintering’ Financial System if US Falls Behind on CBDCs
“While the dollar is not in any risk at the moment, over a long time period, three [to] five [to] seven years, there could be a fracturing of the international financial system,” Josh Lipsky, senior director of the Atlantic Council GeoEconomics Center, said during an appearance on CoinDesk TV’s “First
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SWIFT dice que puede ser el camino a seguir para las CBDCs globales
Tras los experimentos en los que participaron los bancos centrales de Francia y Alemania, así como HSBC, NatWest, Standard Chartered, UBS y Wells Fargo, SWIFT dijo que ha realizado transacciones entre diferentes redes de blockchains, utilizando tanto CBDCs como monedas fiduciarias. Original Source
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SWIFT Says It’s Proved It Can Be the Way Forward for Global CBDCs
Following experiments involving the central banks of France and Germany as well as HSBC, NatWest, Standard Chartered, UBS and Wells Fargo, SWIFT said it has carried out transactions between different blockchain networks, using both CBDCs and fiat currencies. Original Source
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CBDCs require governments to put a special focus on security
Today’s financial world is becoming increasingly digitized, and naturally, central banks want to adapt to the changing environment. The use of cash is rapidly declining. Globally, the rise of digital payment apps and COVID-19 have only accelerated the decline in cash usage, fueling interest in digital currencies and demand for
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Think tank launches ‘technical sandbox’ exploring United States CBDCs
A United States think tank has launched a “technical sandbox” aimed at advancing the exploration of a potential United States central bank digital currency (CBDC).In a Wednesday Tweet from Digital Dollar Project (DDP), the organization said the new program would explore “technical and business implementation” questions revolving around a U.S.
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Una plataforma global de CBDCs podría reducir costos de pagos transfronterizos, según el FMI
“La preocupación es que cuanto más tarde esto, más autoridades nacionales quedarán atrapadas en diferentes marcos regulatorios”, escribió Aditya Narain, subdirectora del departamento de mercados monetarios y de capital del FMI, en un documento. En él, realizó un llamado para que la respuesta global sea coordinada, consistente e integral, para
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Crypto Prices Are Fanned by Flawed Economics and Conspiracy Theories; CBDCs Are Immune: Bank of Finland Governor
"Some have joked that a central bank digital currency (CBDC) is 'a solution looking for a problem.' While I may not be an outright fan of CBDCs, I think the detractors unfairly downplay the potential merits," Olli Rehn, governor of the Bank of Finland said during a panel at the
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CBDCs only solution to ‘smooth continuation’ of the monetary system: ECB
The European Central Bank (ECB) says the introduction of digital cash in the form of central bank digital currencies (CBDCs) appears to be the "only solution" that will guarantee a "smooth continuation" of the current monetary system. The comments were made as part of an ECB Working Paper Series, which was published
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European Central Bank bets on CBDCs over BTC for cross-border payments
A recent study conducted by the European Central Bank (ECB) on identifying the ultimate cross-border payment medium crowned central bank digital currencies (CBDCs) as the winner against competitors, including banking, Bitcoin (BTC) and stablecoins, among others.ECB’s interest in identifying the best cross-border payment solution stems from the fact that it serves
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