BIS Releases Report On ‘Project Icebreaker’ — Develops Cross-Border Retail CBDC Payment Model
The Bank for International Settlements (BIS) has launched a report summarizing the “Project Icebreaker” trial, which explored the potential benefits and difficulties of using a...
Davos 2023: CBDCs Are the Future of Central Bank Money however They Are Still Not Ready
A World Economic Forum (WEF) panel comprised of central bankers and international tech suppliers has profiled central financial institution digital currencies (CBDCs) as the way...
Digital Asset Exchange Platform Granted ‘Crypto Financial Services Provider License’ by Israeli Regulator
An Israeli capital markets regulator, the Insurance and Savings Capital Market Authority, just lately granted a “crypto monetary companies supplier license” to Bits of Gold,...
Public Consultations Reveal Positive Interest in Bank of Israel’s Digital Shekel
A survey carried out by the central financial institution of Israel has returned principally constructive responses from stakeholders relating to the potential issuance of a...
Bank of Israel: Adoption of CBDC Will Not Materially Affect the Banking System
Israel’s central financial institution says the general public’s adoption of the digital shekel isn’t anticipated “to materially have an effect on the banking system.” The...
Palestinians Ponder Digital Currency as Move for Monetary Independence
The Palestine Monetary Authority is exploring the possibility of issuing its own digital currency. For Palestinians, the minting of a national coin would represent a...