Central banks around the world are making strides in the development of digital currencies. Israel's central bank acknowledges that absolute privacy will not be possible with the digital shekel, and it aims to reduce cash use. Canada's digital currency would not require identification or private information for basic transactions. Britain's Parliament is questioning the necessity of a digital version of the pound or central bank digital currency. Vivek Ramaswamy opposes CBDC in the U.S. and proposes a commodity-backed dollar partially with Bitcoin. Italy and South Korea are collaborating on real-time settlement systems and CBDCs. The Federal Reserve of Boston is seeking support for its CBDC Research and Development program, indicating a long road ahead for the Fed's consideration of CBDC.
Central Bank Digital Currency (CBDC) Update 🇺🇸 Federal Reserve of Boston LinkedIn job post, “support the Federal Reserve System’s Central Bank Digital Currency (CBDC) Research and Development program.” https://t.co/SFoRBZ5SeK 🇺🇸 The Fed is "a long way off from thinking about… https://t.co/C0fzVtr2jj https://t.co/VssadJ56Ff
24 central banks are set to have #CBDCs by 2030, promising a more efficient, safer and inclusive financial system. Explore the #issuance, #management, and distribution of #digitalcurrencies with R3’s Digital Currency Accelerator. Get started today: https://t.co/Ijudy45Anh https://t.co/apnhkIBJZl
Central Bank Digital Currency (CBDC) Update 🇮🇹🇰🇷 Italy and South Korea join hands on, “mutual sharing of knowledge and information”, on CT issues related to real-time settlement systems and CBDCs https://t.co/nlEQt7sezy 🇨🇦 Bank of Canada finds widespread public hostility to… https://t.co/gFdIcyRMHl https://t.co/HlUPp7xv7V
Central Bank Digital Currency (CBDC) Update 🇺🇸 Vivek Ramaswamy says no to CBDC; proposes commodity-backed dollar partially with Bitcoin https://t.co/s5V8D4d8qc 🇬🇧 UK's House of Commons Treasury Committee publishes, "The digital pound: still a solution in search of a problem?";… https://t.co/DB0oeWZaM7 https://t.co/2UsRtMaF8o
Britain's Parliament questions the need for a digital version of the pound or central bank digital currency (CBDC) https://t.co/EZsGvS2Uea
Britain's Parliament questions the need for a digital version of the pound or central bank digital currency (CBDC) https://t.co/9NbGylZSnp
Britain's Parliament questions the need for a digital version of the pound or central bank digital currency (CBDC) https://t.co/fxAtX8mr6g
Britain's Parliament questions the need for a digital version of the pound or central bank digital currency (CBDC) https://t.co/V22TZSAj4O
Central Bank Digital Currency (CBDC) Update 🇨🇦 “would not require Canadians to have identification, a bank account or to disclose private information to anyone to perform basic financial transactions – similar to bank notes and some prepaid cards.” https://t.co/S5dLN28kS1 🇳🇬… https://t.co/DIxeHJSuZX https://t.co/K4WNztBml2
Central Bank Digital Currency (CBDC) Update 🇮🇱 Israel, digital shekel: Central bank admits “absolute privacy will not be possible” and the digital currency will support government policy to reduce cash use in Israel https://t.co/JcT8Z5b8Ab 🇨🇦 Canadians are concerned with… https://t.co/aVIz01z3C8 https://t.co/D2AhTz56UB