Tag "digital currency"
Central Bank Digital Currencies Introduce New Cybersecurity Challenges, Privacy Issues
Interest in central bank digital currencies (CBDCs) has grown over the past few years in response to changes in payments and technology, as well as the disruption caused by COVID-19. A 2021 survey conducted by the Bank for International Settlements
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New BIS Paper Delves Into History of CBDC Initiatives
Most central banks around the world are either researching or launching their own central bank digital currency (CBDC), a trend driven by technological advances, changing consumer behavior, and disruptive forces including cryptocurrencies and stablecoins. In a new paper titled Central
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Facebook Readies Novi Launch; Digital Currency Wallet Could Support NFTs
Facebook is preparing for the launch of Novi, a digital currency wallet that will be integrated into its multiple apps. David Marcus, the head of Facebook Financial (F2), the internal group developing the digital wallet, said Novi could be supporting
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Central Bank Digital Currency: Non-Implementation Poses Risks Too, Warns Swiss Bankers Association
At a time when central banks around the world are ramping up digital currency plans, Switzerland’s inactivity and possible “non-implementation” of a central bank digital currency (CBDC) could, in the long run, jeopardize the country’s competitiveness, and turn it into
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SWIFT Assesses What Roles It Could Play in Future CBDC Ecosystem
As central banks around the world accelerate their digital currency efforts, international payment network SWIFT is assessing what roles it could play in this new future. In a new paper released on May 11, 2021 and produced in partnership with
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New BIS Working Paper Looks at State of Central Bank Digital Currency Projects Around the World
A new working paper by the Bank for International Settlements (BIS) looks at the state of central bank digital currency (CBDC) projects around the world. According to the study, as of mid-July 2020, at least 36 central banks had published
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Interest in Central Bank Digital Currency Surging
Around the world, interest around central bank digital currency (CBDC) is surging, with an increasing number of central banks looking to issuing their own digital currencies to wholesale networks of banks, corporates, fintechs, but also the general public, according to
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Blockchain’s Potential is Ripe, According to the Swiss
A February 2017 white paper by Deloitte Switzerland examined how blockchain could take off in Switzerland. It noted that the Swiss city of Zug offers the blockchain community huge potential as a place in which this technology can be developed
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An Introduction to Bitcoin and Blockchain for Financial Services
Each week, a tremendous amount of news stories related to bitcoin and blockchain technology are being published. At Fintechnews alone, not one week passes by without at least two or three new articles on the matter. Surely, Bitcoin is hot
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