ANZ Bank Completes Carbon Credit Trading Use-Case in Australia's CBDC Pilot
ANZ Bank has completed the first carbon credit trading use-case as part of Australia's central bank digital currency (CBDC) pilot, in partnership with Grollo Carbon Ventures.
CBDCs ‘Threaten Americans’ Core Freedoms’ — Cato Institute
A report from the Cato Institute argues that a United States government-issued central bank digital currency, or CBDC, would usurp the private sector and threaten citizens’ privacy and core freedoms.
Peru Considering CBDC to Improvement Payment System: Former IMF Adviser
The Central Reserve Bank of Peru (CRBP) has published a paper that it said will be the first in a series to examine the need, design and timing of a Peruvian central bank digital currency (CBDC), John Kiff, research director at the Sovereign Official Digital Association (SODA), reported. The report concentrates on issues relating to a retail CBDC.
Hong Kong to Test Digital RMB Cross-Border Payment Tool, Says HKMA Chief
The Chief Executive of the Hong Kong Monetary Authority, Eddie Yue, announced at a financial forum that Hong Kong will continue to leverage its advantages as an international financial center to support the development of the mainland's financial market and better serve the real economy.
MalMalaysia National Blockchain
Malaysia’s state and private sector organizations advance in blockchain technology projects by actively collaborating with their international counterparts.
UAE Central Bank Selects Technology and Legal Partners for CBDC Project
The Central Bank of the UAE (CBUAE) has announced that it has selected Clifford Chance, R3, and G42 Cloud to assist in implementing its CBDC Strategy.
'Panic of 2023': James Corbett Explains How Bank Crisis Could Lead to CBDC 'Nightmare of Total Monetary Control'
Investigative journalist James Corbett has recently referred to the ongoing global banking crisis involving SVB, Signature Bank, Credit Suisse and others as the “Panic of 2023,” drawing comparisons to what he views as historical precedents, and pointing ahead to an inevitable and bleak, technocratic surveillance future leveraging central bank digital currencies (CBDCs) should nothing be done to stop it. The answer to the CBDC “total nightmare of monetary control,” as Corbett puts it, is cash, creativity, and to “choose to inform ourselves about agorism and the countereconomy.”
Citi Says Mass Adoption of Crypto Will Be Driven by CBDCs, Tokenization
Citigroup has released a report stating that mass adoption of cryptocurrencies will be driven by central bank digital currencies (CBDCs) and tokenization. The report notes that CBDCs and tokenization have the potential to revolutionize the financial system, and to provide businesses and individuals with greater access to digital assets and blockchain technology.
Crypto Morning Briefing: Voyager Redeems $150M of USDC to Fiat Through Circle
OpenSea Teases April Integration of Solana NFTs; Russia Delays CBDC Pilot To Await New Law; Crypto Twitter, CEO “CZ” Refute China-Binance Link After US CFTC Suit
Russia Delays CBDC Pilot To Await New Law
Russia has delayed its central bank digital currency (CBDC) pilot program, citing the need to await the passage of a new law regulating digital assets. The pilot program, which was originally scheduled to launch in late 2022, is now expected to begin in early 2024.
