The Central Bank already started a study about CBDC’s nature and implications for the whole financial system last year.

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Though in-person, physical events are back in full force this year, many organizers have embraced virtual events, attracted by their ability to reach a broader world from all parts of

The post 13 Upcoming Fintech Webinars and Virtual Events to Attend Live appeared first on Fintech Singapore.

An active member of the governing board for the Swiss National Bank (SNB) Andréa Maechler, has recently disclosed the thoughts of most of her colleagues at the central bank, especially regarding the issuance of the country’s CBDC — the digital franc. According to Maechler, the risks attached to central bank-issued digital currency outweighs its benefits,

The post This SNB Governing Board Member Says The Risks of a CBDC Outweighs Its Benefits appeared first on CoinGape.

The Economic Affairs Committee cited financial, privacy and data concerns over UK CBDC.

Citi, Credit Suisse, Goldman Sachs, Hypothekarbank Lenzburg and UBS also took part in the experiment.

According to British lawmakers, a central bank digital currency (CBDC) is likely to raise the cost of borrowing while hurting financial stability. They insist the touted potential advantages of a digital pound are being overstated. Erosion of Privacy British lawmakers have said the use of a central bank digital currency when making regular payments […]

The Swiss National Bank has worked with some leading financial institutions globally to look into central bank digital currencies (CBDCs). Through this partnership, the institution [...]

The Swiss National Bank has successfully employed a wholesale CBDC to settle transactions with five commercial banks, the monetary authority announced. The tests are part of an experiment carried out together with the Bank for International Settlements and Switzerland’s financial services provider SIX. Swiss Central Bank Tests Integration of Wholesale CBDC Settlement With Private Banks […]

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Switzerland’s central bank has concluded phase two of its wholesale CBDC test in conjunction with the BIS and commercial banks.

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