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BIS Innovation Hub presents its ‘private CBDC’ project

The Bank for International Settlements (BIS) Innovation Hub has presented the final report on its private central bank digital currency (CBDC) initiative, Project Tourbillon. The prototypes built in the project’s framework could allow payment anonymity for CBDC transactions.The 46-page report, published on Nov. 29, explores the concepts of privacy, security

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Fake DJ Marshmello presents sham coin at Web Summit as activists’ campaign

At the Web Summit in Lisbon, a fake DJ appeared to advertise the launch of non-existing Adidas’ new Adicoin coin, but something went wrong. What is Adicoin According to a crypto.news editor Lena Bozhkova, a presentation of the new Adicoin with DJ Marshmello took place at the Web Summit in Lisboa. Source: crypto.news The

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IMF Presents Blueprint for Cross-Border Payments with CBDC Platform

“Our blueprint for a new class of platforms would enhance and ensure greater interoperability, efficiency, and safety in cross-border payments, as well as in domestic financial markets,” Adrian said in a speech given in Rabat, Morocco. “The cost, sluggishness, and opacity of cross-border payments comes from limited infrastructure.” Original Source

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